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Cash loans have never been so profitable. Thus, TuranBank has launched a new "Payız Campaign" which makes the interest rate on cash loans more favorable. As part of the new campaign, customers will be able to get cash consumer loans at an interest rate starting from 14.5%. According to the terms of the campaign, which is valid till October 30, 2020, the maximum loan amount is AZN 30,000. Low interest rates on loans will allow customers to easily make monthly payments without financial difficulties. Customers can approach...
In accordance with its service network development strategy, TuranBank has launched a new Khirdalan office. The new department is located at 1287 Khirdalan-Binagadi highway, Binagadi district. Services will be provided at TuranBank's Khirdalan office include currency exchange, express money transfers, utility payments, credit payments (receipts), current account receipts, POS-terminal operations, and delivery of plastic cards. For more information, please contact TuranBank's "935" Information Center or 050 268 72 22...
TuranBank, one of the leading banks in the country cooperating with the Agrarian Credit and Development Agency (AKIA) under the Ministry of Agriculture of the Republic of Azerbaijan, offers up to 15,000 manat unsecured microloans for the establishment and expansion of horticulture, agriculture, livestock and other family farms. Loans to entrepreneurs are offered for a period of 36 months with an annual interest rate of 12%. The loans will stimulate the activities of entrepreneurs working in the field of agriculture and the creation of...
In support of this successful initiative, TuranBank continued to provide equipment to the unemployed, low-income families and IDPs with special needs for social protection, providing them with the tools they need in their field of activity. Thus, Jeyhun Hasanov from Ganja, Zaur Pashayev from Khachmaz, Shahin Rustamov from Agjabadi, Elshan Mammadov from Barda and Sanan Nuriyev from Goranboy were provided with professional equipment for car washing on the basis of their applications to the self-employment program. It should be noted...
We would like to inform you that TuranBank OJSC has completely written off 1090 AZN debt of the military servant of Azerbaijan army who heroically lost his life during prevention of military provocation of the armed forces of the Republic of Armenia in the distric of Tovuz. TuranBank OJSC expresses condolences to family and friends ofour martyred military servant, May God have mercy on...
TuranBank has signed a new agreement with IFC to implement the Cash Flow-Related Agricultural Risk Assessment (CLARA) system, developed by the International Finance Corporation (IFC) and allowing financial institutions to assess farmers' creditworthiness. CLARA facilitates farmers' access to financial resources by automating risk assessment and lending processes through cash flow forecasting. The system is developed and owned by IFC. This activity is part of IFC's efforts under the Azerbaijan Investment Climate and Agribusiness...
A traditional blood donation campaign was held at the initiative of TuranBank staff and organized by the Azerbaijan Thalassemia Federation. Employees of the structural units of the Bank eagerly participated in the action under the supervision of doctors of the Central Blood Bank. The purpose of the campaign was to provide free blood donation to children suffering from thalassemia. It should be noted that donation is one of the most important components of the Bank's "Corporate Social Responsibility" program. For several years in a row,...
TuranBank OJCS have signed an agreement with EBRD to increase MSME Lending Capacity Building technical assistance project within the “Azerbaijan: Financial Intermediaries Capacity Building Technical Cooperation Programme”. Under the project reputable international consulting firm - Business and Finance Consulting GmbH - will provide technical assistance and support services to “TuranBank” OJSC. In this regard, a working group of experts conducted assessments in our bank in accordance with the relevant work plan and...
In support of this successful ongoing initiative TuranBank June 15 - National Salvation Day Continuing its activities to provide equipment and other property free of charge to unemployed people, low-income families and IDPs with special needs on the eve of we provided 3 people with disabilities with the tools they needed in their field. So that, Ahmad Ismayilov and Ramik Aliyev from Baku and Ramin Aliyev from Khachmaz region provided with professional equipment for car wash on the basis of applications to the self-employment program. It...