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TuranBank has opened a correspondent account in US dollars with Habib American Bank.

29.04.2024

As part of our collaboration, TuranBank will establish a correspondent account in US dollars at Habib American Bank, a renowned institution known for its excellence in international payments and settlements in the United States of America (USA). This strategic move will streamline foreign currency transactions for our valued customers, ensuring a more efficient and expedited process.

The agreement between TuranBank and HAB Bank is a significant milestone in our journey to enhance international money transfer services, broaden our scope in international settlements, and fortify our position in the global financial landscape. This strategic move underscores our commitment to providing customers with the best banking experience.

Since 1992, TuranBank OJSC has served individual and corporate customers with 21 sales points. The bank has always followed the development path, and with its services, it has taken an essential position in the financial sector in terms of quality and quantity. TuranBank is one of the prominent participants in the financial industry of Azerbaijan, distinguished by its stability and reliability. You can get detailed information about the products and services the bank provides by calling (012) 935 Call Center or visiting TuranBank's official website or pages on social networks (Facebook, Instagram, etc.).

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TuranBank has opened a correspondent account in US dollars with Habib American Bank.

Having successfully developed relations with foreign financial institutions, TuranBank OJSC has started strategic cooperation with Habib American Bank (HAB) to expand the network of international correspondent relations. As part of our collaboration, TuranBank will establish a correspondent account in US dollars at Habib American Bank, a renowned institution known for its excellence in international payments and settlements in the United States of America (USA). This strategic move will streamline foreign currency transactions for our valued...

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A trade financing agreement was concluded between TuranBank and Asian Development Bank

Marking a significant milestone, TuranBank OJSC, a prominent player in the country's banking sector, has entered into a pivotal agreement with the Asian Development Bank (ADB) to finance international trade operations. Within the framework of the new agreement, ADB approved the trade financing guarantee limit by including TuranBank OJSC in the "Trade and Supply Chain Financing Program" (TSCFP). This agreement will allow the country to expand import-export operations and support customers' trade operations. "We are happy to see that...

TuranBank has become the bank that contributes the most to the increase in competitiveness within the microlending.

TuranBank was awarded at the III Agribusiness Development Forum, held jointly with the Agricultural Credit and Development Agency under the Ministry of Agriculture of Azerbaijan and the Food and Agriculture Organization (FAO) of the United Nations on March 29th. Specifically, TuranBank, which has always supported the development and financing of entrepreneurship, especially in rural areas, and contributed to the development of the private sector in Azerbaijan, was awarded in the category of "the bank that contributed the most to the...