• AZ

  • The Bank launched a spectacular loan and savings campaign named "ÖZƏL" for its customers;
  • The Bank introduced a new card product, MasterCard Universal;
  • The Bank signed a loan agreement with the Black Sea Trade and Development Bank in the amount of 10 million manats to finance micro, small and medium businesses;
  • The Bank expanded its correspondent banking network by opening a correspondent account at Kuwait Turk Frankfurt Bank and signed a new banknote trading agreement with the bank;
  • The Bank successfully completed the "Financial Literacy" Project under a "Project Services Agreement" with the International Finance Corporation;
  • The Bank signed an agreement with the European Bank for Reconstruction and Development to increase the financing capacity of MSME entities under the “Financial Intermediaries Capacity Building Technical Cooperation Programme”;
  • The Bank was awarded a certificate of a leading organization in the promotion of gender equality by the Azerbaijan Micro-finance Association (AMFA);
  • The bank was the main sponsor of the concerts of "Bu şəhərdə" (“In this City”);
  • The Bank began to offer the World Black Edition premium card to its customers;
  • To stimulate digital and non-cash payments, Bank's customers participated in incentive lottery "Pay with card, earn with card" organized by the Central Bank;
  • The Bank conducted preferential loan campaigns in connection with various career holidays;
  • The Bank held a competition among social network users under the title “My teacher”;

The following events hosted within the framework of the Corporate Social Responsibility policy:

  • Organization of visits to the children’s home and theatrical performances for children, as well as the distribution of gifts to kids and food aid on the occasion of Novruz holiday, "June 1, International Children's Day," including Ramadan and Eid al-Adha (Gurban holiday);
    • Sponsorship of the open wrestling tournament among teenagers held in Gazakh on the occasion of the 96th Anniversary of National Leader Heydar Aliyev;
    • The Bank's team won various awards in the “Fibonacci” intellectual game;
    • The Bank's team won prizes in “What?Where?When?" intellectual competition;
    • The Bank's team took 3rd place in the interbank chess tournament dedicated to the 96th Anniversary of National Leader Heydar Aliyev at the initiative of the Azerbaijan Banks Association (ABA) and the Azerbaijan Chess Federation;
    • The Bank successfully continued a social project called “Youth Support” organized to train new employees;
    • Organization of a chess tournament among the Bank's employees;
    • Organization of traditional blood donation campaign of Bank employees by Azerbaijan Thalassemia Federation;

  • The Bank held the second largest "Gift season" saving campaign;
  • The State service for Agricultural Projects and Credit Management under the Ministry of Agriculture and Bank;
  • The  Bank expanded its corrospondent network by opening a correspondent account in "Bank of Georgia";
  • The Bank expended the range of its saving products and started to offer its clients a new "Chance" deposit product;
  • Implementation of the "Financial Literacy" project launched under the "Project Service Agreement" signed by the Bank and the IFC was successfully continued;
  • The Bank was awarded with the certificate for its transparent operations by AMFA;An agreement was signed with Baker & Tilly Azerbaijan for the preparation of an external audit report for the 2018 financial year;
  • The Bank started to introduce WhatsApp service to improve the quality of customer service;
  • The Bank implemented Saving campaign with gifts on Solidaroty Day of Azerbaijanis and for New Year celebrations;
  • The Bank made preferantial lendign campaigns for various occupational holidays;
  • The Bank's Central Branch started operationg 24 hours and 7 days a week;
  • The Bank held a competition under a name "Gift basket" among social network users;The Bank held competition under the name "Gift selfie" among social network users;
  • Under the Corporate Social Responsibility Policy, the following activities were implemented: 
  • Visit the children's home on the occasion of Novruz holidays, International Children's Day on June 1, Ramazan and Gurban holidays and organization of theater performances for children;
  • Sponsorship of the 13th exhibition entitled "Eye Light, Handicraft" by women's handicrafts;Sponsorship of the Junior Wrestling Tournament held in Kazakh on the occasion of the 95th Anniversary of National Leader Heydar Aliyev;
  • The Bank's Fobanacci team was winner of what, where, when intellactual competition;
  • Within the framework of partnership with the Bank a meeting was held between AmCham members and members of the Small and Medium Business Development Agency;
  • Chess tournament was organized among Bank's employees;

  • The Bank celebrates 25 years of its activity and held a savings campaign called “Anniversary Opportunity” devoted to this date.
  • Bank has expanded its correspondent network by opening a correspondent account in Transkapital Bank of Russia.
  • The Bank began cooperation with the “Sparkassenstiftung für Internationale  Kooperation” Foundation and held a seminar on risk management for the Bank`s management and specialists within the framework of the “Responsible lending project”.
  • The execution of the project titled “Financial Literacy” has been launched under   the “Project Services Agreement” signed between the Bank and the International Finance Corporation.
  • The Bank has been awarded with the “Association of Corporate Social Responsibility” and “The most Active Financial Literacy Supporter” awards by the Azerbaijan Banks Association.
  • An agreement has been signed with Baker Tilly Azerbaijan for the preparation of an external audit report for the 2017 Financial Year.
  • Bank sponsored concerts of the popular “Bu sheherde” theater.
  • Visit to a foster home on the occasion of Novruz holiday,June 1-International Children`s Day,as well as Ramazan and Gurban holidays,and organization of theater perfomances for children ,and,at the same time,gift distribution and food aid to children.
  • Participation in job fairs organized by Azerbaijan Diplomatic Academy and Azerbaijan State Economic University.
  • Holding a seminar for students stydying at BSU,ASEU,AUL,ATU within the framework of the Central Bnak`s “Financial Literacy:The Road to Professional Career” project.
  • Sponsorship of the Junior Wrestling Tournament held in Gazakh on the occasion of the 94th Anniversary of National Leader Heydar Aliyev and Goyazan Football Club and Goyazan Wrestling School,region`s sports centers.
  • Organization of chess tournament among the Bank`s employees.
  • Organizing the traditional blood donation campaign of the Bank`s employees under the auspices of the Azerbaijan Thalassemia Federation.

  • The Bank was selected by the Central Bank as a winner based on the results of the end of 2015 in the nomination "The leading bank in the field of electronic banking services"; 
  • A contest "TuranBank - 24 years" for Facebook users was carried out;
  • The Bank celebrated its 24th anniversary;
  • The Bank started to offer Tax Free service to its customers;
  • The Bank installed in its computers with “Windows 10" operating system and "Microsoft Office 2016";
  • The Bank held training courses for its employees in partnership with USAID;
  • The Bank received AMFA’s award “The member of the year 2016”;
  • The Bank completed the technical support works in the framework of the loan agreement with Global Climate Partnership Fund S.A., SICAV-SIF in the amount of $10 million with a tenor of 8 years to finance the Bank´s energy efficiency projects;
  • The Bank increased its charter capital up to 55 mln. AZN;
  • The Bank held a Social Audit with the participation of representatives of the Social Performance Fund (SPF) and AMFA to assess its social performance index (SPI4);
  • The Bank employees participated in the interbank intellectual contest “Brain Ring” organized by the Azerbaijanian Banks Association, took the 4th place among 16 banks;
  • An agreement was signed with KPMG to prepare an external auditor's report for the fiscal year 2016;
  • The Bank implemented the following events in the framework of its policy of corporate social responsibility:
  • Visit to an orphanage and organizing the theater performance for kids on the occasion of Novruz holiday;
  • Participation in Career Fair for graduates held by the Azerbaijan Diplomatic Academy;
  • Sponsorship to the regional sports centers – soccer club "Goyazan" and wrestling school "Goyazan" as well as a wrestling tournament among juniors held in Gazakh city, devoted to the 93rd anniversary of the national leader Heydar Aliyev;
  • Visit to an orphanage and organizing the theater performance for kids on the occasion of June 1 - International Children's Day;
  • Organization of food aid to an orphanage on the occasion of Ramadan and Eid holidays;
  • Organization of a blood donation campaign of the Bank's employees, dedicated to June 1 - International Children's Day;

  • A master loan agreement was signed with Commerzbank to finance international  trade operations;
  • A fund in the amount of $2 million was attracted from the ECO Trade and Development Bank for international trade operations financing;
  • A fund in the amount of $2 million was attracted from the responsAbility Investment AG to expand the Bank’s SME portfolio;
  • The reception of the second tranche in the amount of 3.5 million for the purpose of expanding its MSME financing, in the framework of the 5-year loan agreement signed with IFC, a member of the World Bank Group, on 22 December 2014, whose total amount equaled USD 7 million, has been completed;
  • A loan agreement with Global Climate Partnership Fund S.A., SICAV-SIF in the amount of $10 million with a tenor of 8 years was signed to finance the Bank’s energy efficiency and renewable   energy projects;
  • A fund in the amount of $2.2 million was attracted from GLS Alternative Investments Mikrofinanzfonds to expand the Bank’s microfinance portfolio;
  • The Bank increased its charter capital to AZN 50,002,466;
  • The Bank started offering its cardholders 3D Secure service for them to safely implement card operations on the Internet;
  • Conditions were created for citizens in the framework of collaboration with the operator of the “E-Government” portal, the Data Processing Centre of the Ministry of Communications and High Technologies, for them to have their loan applications officially registered without having to waste their time through the use of  “E-reference letter”;Within a joint project with Modenis LLC, the Bank clients were enabled to make repayment on loans or credit cards and deposit funds into their debit card accounts using eManat terminals;
  • Agjabadi branch of the Bank started operating;
  • Binagadi branch, meeting modern standards after being repaired, resumed its operation;
  • The Bank celebrated its 23rd anniversary;
  • A contest "TuranBank - 23 years" was carried out among Facebook users;
  • An agreement was signed with Deloitte & Touche for the development of an external auditor report of the Bank’s operation in 2015;
  • The Bank became the winner in the category of “The most innovative bank”, established by the prestigious British magazine "The Business Year";
  • The Bank became the winner in the nomination "The organization with the best practices in the development of agriculture and regions", established by the Azerbaijan Microfinance Association;
  • The Bank received an award in the contest of “AMCHAM CSR 2015 Excellence Award” for its operation within the field of corporate social responsibility;

 

√    The Bank implemented the following actions in the framework of its policy of corporate social responsibility:

  • Sponsorship and active participation in the "Financial Education" project conducted by the Center for Research and Development of the Central Bank of the Republic of Azerbaijan;
  • Visit to an orphanage and organizing for kids the show puppet theater on the occasion of Novruz holiday;
  • Organization of a blood donation campaign of the Bank's employees, dedicated to the International Day of Thalassemia - May 8;
  • Participation of the Bank's employees in a massive tree-planting campaign held in the Badamdar settlement of Baku;
  • Participation in a job fair for graduates held in Khazar University;
  • Participation in a job fair held in 28 Mall trade center;
  • Participation in a job fair "Graduates-2015", held in Azerbaijan State Economic University;
  • Sponsorship to the regional sports centers – soccer club "Goyazan" and wrestling school "Goyazan" as well as a wrestling tournament among juniors held in Gazakh city, devoted to the 92nd anniversary of the national leader Heydar Aliyev;
  • Visit to an orphanage and organizing for kids a trip to the Baku Zoo on the occasion of June 1 - International Children's Day;
  • Organization of food aid to an orphanage on the occasion of Ramadan and Eid holidays;
  • Sponsorship of the third International Art Festival of child and adolescent named "Pure colors";
  •  Conducting a creative contest called "My motherland - Azerbaijan" among children of the Bank's employees;
  • Organization of visit of the Bank's staff to the museum of State Flag on the occasion of National Flag Day.

  • The Bank attracted from ICD (Islamic Corporation for the Development of the Private Sector) a loan in the amount of $ 5 million, with a tenor of 5 years for SME financing;
  • The Bank attracted from the Bank im Bistum Essen eG a fund in the amount of $ 3.5 million to expand the Bank's microfinance portfolio;
  • The Bank attracted from the WBC/OPIC a fund in the amount of $ 7 million, with a tenor of 7 years for SME financing;
  • The Bank attracted from the BSTDB an additional fund in the amount of $ 10 million for trade financing;
  • The Bank celebrated its 22nd anniversary;
  • The Bank attracted from the Mikrofinanzfonds a fund in the amount of $ 5 million to expand its microfinance portfolio;
  • The Bank attracted $5 million from Microfinance Enhancement Facility (MEF) through its investment manager, Cyrano Management, to expand its microfinance portfolio;
  • The Bank's Jalilabad branch started operating;
  • The Bank adopted a loan application system through the website hesab.az;
  • The Bank employees became members of the Azerbaijan Trade Unions Confederation;
  • The Bank has offered to its customers a new campaign named "Travel to Baden-Baden" on the eve of Novruz holiday;
  • The Bank held a photography contest named "Novruz holiday traditions" among the fans of its page on the social network Facebook;
  • The Bank offered to customers a new campaign called “Gozunuz aydın” on consuming loans;
  • The Bank offered to customers new competitive microloans and group loans;
  • The Bank launched its new corporate website, desinged in a new manner;
  • Registration of labour contracts of the Bank employees on the "Electronic government" portal was ensured;
  • The Bank held a Selfie photography contest among users of Facebook;
  • The Bank has offered to customers a new deposit campaign called "Let your money work for you";
  • The Bank and IFC completed a TA project on Trade finance;
  • The Bank attracted from the ECO Trade and Development Bank a fund in the amount of $ 3 million for SME financing;
  • The Bank and IFC signed a five-year loan agreement for $7 million to expand the Bank's MSME financing;
  • The Bank and EBRD reached a preliminary agreement on attraction of the fund for energy efficiency, trade financing and lending to agricultural spheres and for receiving consulting services;
  • The Bank reached a preliminary agreement on attraction from EFSE foundation through the mediation of the Finance in Motion a fund in the amount of $ 3 million for MSME financing in agriculture as well as for receiving additional consulting services;
  • The Bank and Sus Bee Finance signed a loan agreement in the amount of $5 million to expand the Bank's microfinance portfolio;
  • The Bank and Commerzbank reached an agreement on the financing of international trade operations;
  • The Bank's total equity reached AZN 55.1 million, exceeding the requirement of the Central Bank;
  • The number of the Bank's employees exceeded 400;
  • The Bank signed an agreement with Deloitte & Touche to prepare an independent auditor's report for the fiscal year 2014;
  • The Bank implemented the following events in the framework of its policy of corporate social responsibility:
  • Sponsorship and active participation in the "Financial Education" project conducted by the Center for Research and Development of the Central Bank of the Republic of Azerbaijan;
  • Active participation in the project "Let's exchange every sheet of paper for a tree leaf" conducted by the IDEA (International Dialogue for Environmental Action), ASAN khidmet and Temiz Sheher OJSC;
  • Participation in a job fair called "ADA career week", held in Azerbaijan Diplomatic Academy;
  • Visit to an orphanage and organizing for kids the circus show on the occasion of Novruz holiday;
  • Participation of the Bank's employees in a tree-planting campaign;
  • Participation in a job fair for graduates held in the Khazar University;
  • Visit of the Bank's staff to the Heydar Aliyev Center on the occasion of the 91st anniversary of the national leader Heydar Aliyev;
  • Sponsorship to the event of photo-hiking to the "Heydar" peak on the occasion of the 91st anniversary of the national leader Heydar Aliyev;
  • Sponsorship to the regional sports centers – soccer club "Goyazan" and wrestling school "Goyazan" as well as a wrestling tournament among juniors held in Gazakh city, devoted to the 91st anniversary of the national leader Heydar Aliyev;
  • Participation in a job fair "Graduates-2014", held in Azerbaijan State Economic University;
  • Visit to an orphanage and organizing for kids the cartoon show on the occasion of June 1 - International Children's Day;
  • Holding a chess tournament among the employees of the Bank;
  • A meeting of the Bank's staff with Nariman Hassanzadeh, one of the brightest representatives of the modern poetry, people's poet, play writer, honored art worker of Azerbaijan;
  • Conducting a drawing competition called "TuranBank family" among children of the Bank's employees;
  • Organization of a seminar at the State Economic University on the theme "The role of banks in trade financing".

  • Bank updated its strategic plan for the period 2012-2015;
  • The Bank continued cooperation with IFC within the project "Banking for small and medium enterprises";
  • The Bank has continued to collaborate with USAID (United States Agency for International Development) under the project "Development in Azerbaijan Competitiveness and Trade";
  • The Bank celebrated its 21th anniversary;
  • The Bank and the ICD (Islamic Corporation for the financing of the private sector) reached a preliminary agreement on a loan in the amount of $ 5 million and a term of 5 years for the financing of small and medium enterprises;
  • The Bank has signed an agreement with Societte-Generale Bank to allocate $ 1 million;
  • The Bank has signed a memorandum with the organization WBC / OPIK on a loan in the amount of $ 7 million and with a term of 7 years for the financing of small and medium enterprises;
  • The Bank and the ECO Trade and Development Bank reached a preliminary agreement on a loan in the amount of $ 3 million for the financing of small and medium enterprises;
  • The Bank has signed an agreement with the IFC for financing a trade within a joint project for technical support;
  • The Bank has increased its equity to 50.5 million AZN to fulfill the requirement of the Central Bank;
  • Managed from the United States States ShoreCap II Ltd. Fund became a new shareholder of the bank;
  • Gunter Ekkel was elected as an independent member of the Supervisory Board;
  • Bank offered its customers a new 9% discount on consumer loans within a campaign "Mushtulug";
  • The Bank has introduced a service of loan payment through web sites;
  • The Bank has offered new competitive microloans and group loans;
  • The Bank has offered to its customers a new deposit product "Chetir";
  • The Bank held a campaign in the social network facebook called "Invite a Friend";
  • The Bank has joined the money transfer system "Leader";
  • Branch "Sahil" moved to a new office;
  • The Bank has signed an agreement with KPMG to prepare an independent auditor's report for fiscal year 2013;
  • The Bank has implemented the following event in the framework of its policy of corporate social responsibility:

           o Sponsorship of the "student program" conducted by the Azerbaijan Association of Risk Professionals for the development and training of students;

           o Participation in a job fair for young people educated abroad;

           o Participation in a job fair "Graduates- 2012" held in Azerbaijan State Economic University;

           o Participation in a job fair organized by the Ministry of Social Protection and the Center for Career

             Planning of "Caucasus" University under the slogan "The first step in a career";

           o Sponsorship of regional sports centers - football club "Goyazan" and wrestling schools "Goyazan", as

             well as a wrestling tournament among juniors, devoted to the 90th anniversary of national leader Heydar Aliyev;

           o The Bank held a meeting and provided gifts to students who scored high marks in the entrance exams;

           o Meeting the Bank staff with the People's writer Chingiz Abdullayev;

           o Visit an orphanage and organizing for kids the show puppet theater on the occasion of June 1 - International Children's Day;

           o Participation in minifootball tournament between banking teams, organized by Baku Exchange in the period February-March;

           o Participation in the minifootball tournament devoted to December 31 - Day of Solidarity of Azerbaijanis of the world;

           o Organization in the State University of Economics a seminar on the theme "Banking risks and their management";

  • The Bank has begun to implement its Strategic Plan for 2012-2015;
  • The Bank continued cooperation with IFC within the project "Banking for small and medium enterprises";
  • The Bank has continued to collaborate with USAID ( United States Agency for International Development ) under the project "Development Competitiveness and Trade in Azerbaijan";
  • The Bank celebrated its 20th anniversary and produced corporate video clip ;
  • The Bank within a joint project on the technical support with the American organization FSVC ( Volunteer Corps Financial Services ) sent four employees from middle management to training in three U.S. banks;
  • The number of the bank's employees reached 300;
  • The Bank has joined the project of USAID "Agricultural Credit Guarantee in Azerbaijan";
  • The Bank signed a loan agreement with the ICD (Islamic Corporation for the financing of the private sector) in the amount of 3.5 million U.S. dollars for a period of 5 years for the financing of small and medium enterprises;
  • The Bank has signed an agreement with Societte-Generale Bank to allocate $ 1 million;
  • The Bank and IFC have reached a preliminary agreement on the allocation of resources for trade finance;
  • The Bank became a member of AMCHAM (American Chamber of Commerce in Azerbaijan);
  • The Bank has implemented the following event in the framework of its policy of corporate social responsibility :
  • Organization of activities to celebrate the holiday of Nowruz in a nursing home for older people;
  • Sponsorship of the "student program" conducted by the Azerbaijan Association of Risk Professionals for the development and training of students ;
  • Participation in a job fair for young people educated abroad;
  • Participation in a job fair "Graduates- 2012" held in Azerbaijan State Economic University;
  • Participation in a job fair organized by the Ministry of Social Protection and the Center for Career Planning of "Caucasus" University under the slogan "The first step in a career";
  • Sponsorship of regional sports centers - football club "Goyazan" and wrestling schools "Goyazan";
  • Conduct training on "Financial education and literacy" for students in the school # 13 located in Yasamal district within the project conducted by the Ministry of Education, Youth Organization Secure Future and children's social and financial education network "Platon".
  • The Bank offered customers new products - plastic cards "Gift" and a card with customers' own designs;
  • The Bank offered customers new products - loans Microcredit, Pensioner, Group and the Jubilee;
  • The Bank has introduced a service for payment of credits via Pay Point terminals;
  • "Call-Centre" of the bank started operating ;
  • The Bank has created its official page on the social network Facebook;
  • The Bank has introduced online consultation services through its corporate website and Skype call for costumers;
  • The Bank joined the money transfer system "Monex";
  • The Bank joined the money transfer system "IBA-Express";
  • Kazakh branch of the Bank started its operations;
  • The Bank signed an agreement with KPMG to audit the bank's 2012 financials.

  • Together with ABTC (Azerbaijan Bank Training Center) the Bank developed its new strategic plan for 2012-2015;
  • The Bank started project on "Risk Management" together with International Finance Corporation (IFC);
  • The Bank signed a TA agreement with IFC on "SME Banking";
  • The Bank successfully completed "Corporate Governance Project" with IFC;
  • The Bank started "Azerbaijan Trade and Competiteveness Project" with USAID;
  • The Bank signed a loan agreement with IFC in amount of $7 mln with tenor of 5 years to finance SME clients;
  • The Bank signed a new loan agreement with ICD (Islamic Corporation for the Development of Private Sector) in amount of $3 with tenor of 6 years in order to finance SMEs;
  • The Bank signed a trade financing agreement with Black Sea Trade and Development Bank in amount of $4 mln with tenor of 1 year;
  • The Bank signed funding agreement with US based MicroVest in amount of $2.45;
  • The Bank signed a loan agreement with a German Bank Bank im Bistum Essen in amount of $1.5 mln with tenor of 3 years for microfinancing;
  • The Bank came to initial agreement with German Development Bank (KfW) to attract funding in order to finance clients located in rural regions;
  • The Bank's paid in charter capital reached 22 mln AZN;
  • The Bank launched "Cash by Code" service;
  • The Bank launched "Mobile Banking" service for plastic cards  ;
  • The Bank joined APUS portal for public payments;
  • The Bank joined payment system for "Traffic Rule  Violation" fines;
  • The Bank expanded online payments on its corporate website;
  • The Bank joined "Blizko" express money transfer system ;
  • The Bank's new branch in Khachmas started its operations;
  • The Bank signed an agreement with KPMG to audit the bank's 2011 financials.

  • The Bank continued the "Institutional Development" project together with Azerbaijan Bank Training Center (ABTM); 
  • The Bank received first technical assistance on MIS,according to the five-year training and consulting agreement with US Financial Services Volunteer Corps (FSVC)within the"Technical Support" project;
  • The Bank chosen as an authorized bank for "Risk Management" project of the International Finance Corporation (IFC);
  • The Bank continued its activities under "Corporate Governance" Project of the IFC;
  • The Bank agreed to join the "Azerbaijan Competitiveness and Trade" Project of the United States Agency
    for International Development (USAID) as an authorized bank;
  • The Bank received a line of credit amounting to 1,3 million USD from the International Islamic Trade
    Finance Corporation (ITFC) for trade financing;
  • The Bank came to an agreement with the Islamic Corporation for the Development of the Private Sector
    (ICD) for obtaining of 3 million USD for a period of 6 years, aimed at financing Small and Medium
    Enterprises;
  • The Bank started discussion with IFC for obtaining USD 7 millionfor a period of 5 years, aimed at financing Small and Medium Enterprises;
  • The Bank came to an agreement with MicroVest, USA obtaining of USD 2,45 million;
  • The Bank came to an agreement with Bank im Bistum Finance Institution, Germany for obtaining of USD 1,5 million for a period of 3 years, aimed at development of microfinance sector;
  • The Bank's stock capital reached AZN 20million;
  • The Bank launched the "Teacher, Healthcare, Student credits and Consumer Credit Card" Campaign;
  • Newly designed corporate website was launched;
  • The Bank launched online payment system;
  • The Bank joined "Allure" and "Zolotaya Korona" express money transfer systems;
  • The Bank opened correspondent accounts with SAXO Bank, Denmark and Asya BankAsiya, Turkey;
  • "Baku" and "Nasimi" branches of the bank moved to new offices;
  • The Bank signed agreement with PriceWaterHouseCoopers (PWC) for preparing Independent Auditor's
    Report for the 2009 financial year.

  • TuranBank becomes a member of German Azerbaijan Business Association;
  • The Bank continues Institutional Development Project with ABTC;
  • New Credit Agreement with World Business Capital amounted $7.5 mln for SME financing with tenor of 10 years;
  • Technical Assistance project with US based Financial Services Volunteer Corps (FSVC);
  • TuranBank joins 2nd Azerbaijan Corporate Governance Project of IFC;
  • The Bank obtained membership to Eurasian Agricultural Credit Association (EURACA);
  • TuranBank launches new deposit campaign "Sirlər Xəzinəsi" ("Treasure of Secrets");
  • The Bank joins express money transfer system "Allure" - its 7th express money transfer system;
  • The Bank joins express money transfer system "Zolotoya Korona" - its 7th express money transfer system;
  • New correspondent relations with Sheker Bank, Ish Bankasi Turkey and Commerzbank AG;
  • TuranBank signs an agreement with (PWC) PriceWaterHouseCoopers to audit the bank's operations as an external independent auditor;
  • Charter capital of the Bank reaches 18.5 mln AZN.

  • The Bank was accepted to the "SME financing" project which was approved between Islamic Corporation for the Development of the Private Sector (Islamic Development Bank affiliate) and Azerbaijani Government;
  • The Bank's headquarter moved to a new office located at 85 Ismayil bay Gutgashinly street;
  • The Bank added PrivatBank Ukraine to the list of corresponding banks;
  • The Bank finalized joining express money transfer system of "Privat Money", the 6th system for money transferring in the Bank;
  • The Bank opened a correspondent account at Deutsche Bank New York and Deutsche Bank Franfurt;
  • The Bank's financials were audited by with Deloitte & Touche;
  • The Bank has been chosen for "Program for the Development of North-East Regions" project, which was signed between International Fund on Agricultural Development (IFAD and World Bank) and Azerbaijani Government;
  • The Bank has been mandated for "Development and Lending to Agriculture sphere" project, which was signed between International Development Association (World Bank affiliate) and Azerbaijan Government;
  • The Bank completed preparing its new strategy covering years 2008-2011with ABTC (Azerbaijan Bank Training Centre with USAID);
  • The Bank increased its charter to 16 mln AZN.

    • The Bank attracted additional recourses by IFAD (North-East project), IDA (World Bank affiliate) and ICD (Islamic Development Bank affiliate);
    • The Bank started preparing its new strategy with ABTC (Azerbaijan Bank Training Centre with partner USAID) covering 2008-2011 years;
    • Zagatala branch was launched;
    • The Bank joint express money transfer systems - Migom and Express Money;
    • The Bank's financials were audited by Deloitte & Touche;
    • The Bank was chosen as an agent bank on the second project of "Development and Lending to Agriculture sphere", which was signed between International Development Association and Azerbaijan Government;
    • The Bank came to an agreement with Islamic Corporation for the Development of the Private Sector to finance small and medium-sized entrepreneurship.

  • The bank's "Binagadi" and "Tovuz" branches have started operating.
  • The Bank and the International Finance Corporation signed a memorandum on the Leasing Services and Corporate Governance Improvement Project;
  • “TuranLizinq” LLC was established with 100% investment participation of Turan Bank;
  • The Bank was chosen a member as an agent bank to the State Mortgage Fund;
  • The Bank was chosen a member to the Azerbaijan Micro-Finance Association (AMFA);
  • The Bank became as an associated member of MasterCard International payment system;
  • The Bank was chosen the member to the Caspian Integration Business Club (CIBC);
  • The Bank became a member of MasterCard international payment system;
  • The Bank joint Bistraya pochta, Kontakt international express money transfer systems;
  • Memorandum of Understanding was signed between “TuranBank” and IFC on technical assistance;
  • Financials of the bank were audited by the international audit company “Deloitte & Touche”.

  • TuranBank changed its legal form to Open Joint Stock Company;
  • Charter was increased by 5 mln AZN;
  • Baku branch was launched;
  • New fiber optic network established between the head office and branches;
  • Financials of the Bank were audited by “PriceWaterHouseCoopers”.

  • The Bank was accepted as the first and the only bank of the tender on “Program for the Development of Mountain and High Upland Territories” which was signed between International Fund on Agricultural Development (IFAD and the World Bank) and Azerbaijan Government;
  • The Bank's financial condition was audited by the international audit company Deloitte & Touche.

  • The Bank began emission of plastic cards;
  • Aghstafa and Nur branches have been launched;
  • Financials of the Bank were audited by international audit company “PriceWaterHouseCoopers".

  • The Bank was chosen as an agent bank by the “National fund for Assistance to Entrepreneurship” under the Ministry of Economic Development in SMEs;
  • Nesimi branch was launched;
  • The Bank joined Western Union;
  • The Bank joined XÖHKS payment system;
  • The Financials were audited by PriceWaterHouseCoopers.

  • The Bank became a full member of S.W.I.F.T. international payment system;
  • The Bank became a member of AZIPS.

Gandja branch was launched.

  • The Bank became a shareholder of “Bashak-Inam” Insurance and Reinsurance Company;
  • Sumgayit branch was opened.

  • The Bank changed its legal address to 53 Nizami street;
  • The Bank was chosen as an intermediary Bank in granting long-term and low percent credits given by TACIS;
  • The Bank became a shareholder of “Azer-Turk Bank” Joint-Stock Commercial Bank and Azimpex International - Germany, Slovakia and Azerbaijan Joint Enterprise;

  • Sahil branch was opened.

  • The Bank became a member of Baku Interbank Currency Exchange.

  • Yasamal branch was opened.

  • “Turan” Commercial Bank was founded according to the license of National Bank (# 60 ), dated to 12.06.1992 and license of Central Bank ( # 115) dated to 30.12.1992 passed re-registration and was permitted to carry out all kind of bank operations in national and foreign currencies.

Convenient, safe and fast banking

Assets of TuranBank increased by 16%

One of the leading banks of the country, TuranBank OJSC, announced the results of its activities in the first quarter of 2021. Despite the pandemic of COVID-19 and the fluctuations in domestic and foreign markets and the contraction in the country's economy, the Bank completed the first quarter of 2021 with positive financial results. According to the results of the first quarter of 2021, the total assets of TuranBank OJSC increased by 16.3% or 83.7 million compared to the same period last year. AZN increased by 597.7 million manats,...

TuranBank's mobile application is now in AppGallery!

Having always thought about the convenience of its customers, TuranBank further expanded the accessibility of its mobile banking application. Now you can also download our mobile app through AppGallery, which belongs to Huawei branded phones. https://bit.ly/3myetD5   The TuranBank mobile application allows both individual and corporate customers to make payments, transfers and carry out various banking operations without visiting the bank, as well as to obtain updated information about the bank's credit, savings, card products and...

TuranBank signed a cooperation agreement with MIDA

A cooperation agreement was signed between MIDA and TuranBank in connection with the sale of discounted housing. According to the Decree No. 1113 of the president of the country dated 16.11.2016 “the procedure for citizens to obtain apartments under the disposal of the state agency for housing construction”, citizens are provided with the opportunity to benefit from a number of privileges. Registration in the” preferential housing " system and the opportunity to benefit from this concession to citizens with a personal...

TuranBank distributes Novruz gifts to martyr families and veterans

Alkam our veterans and families of martyrs who wrote a true heroic dastan epic in the protection of our territorial integrity and liberation of our lands from enemy occupation are always in the center of attention and care.   TuranBank is also actively involved in initiatives to meet the social protection and needs of family members and veterans of our martyrs. Adhering to this tradition, on the eve of Novruz, our bank, together with the "keep alive" Foundation, distributed holiday gifts to families of martyrs and...

Spring campaign from TuranBank to entrepreneurs

Loan from TuranBank to entrepreneurs without Commission starting from 10.9%! TuranBank launched a new credit campaign to support business. According to the “Profitable Moment Of Spring” Campaign, which will last until April 10, entrepreneurs can obtain loans at an annual interest rate starting from 10.9%. And this is not the end. Thus, loans issued within the framework of the campaign are offered to entrepreneurs without Commission. The maximum duration of the loan for the campaign is 36 months, the maximum amount is 100 000...

Shopping with TuranBank’s cards will be more profitable

Take advantage from the cashback project by using TuranBank’s payment cards! On the occasion of International Women's Day, TuranBank has launched a special cashback campaign for the cardholders of the Bank. Payments in the partner flower, perfume, clothing and accessory stores and restaurants will bring additional benefits to the cardholders of the Bank. Between March 05-08, each payment in the partner stores will return 5% cashback in the amount of the payment to the accounts of cardholders. Note that cashback will be charged only...

TuranBank was awarded

TuranBank was named the most active supporter of financial literacy and socially responsible bank The Association of Banks of Azerbaijan (ABA) has awarded its member organizations, Expert Groups and partners in various nominations for 2019 and 2020. TuranBank OJSC was awarded the "Most Active Financial Literacy Supporter" award in 2019 as the organization that has made the greatest contribution to the development of financial literacy of the population and the "Corporate Social Responsibility" award in 2020. Within the framework of the...

Support from TuranBank to the Karabakh Revival Fund

As a result of the 44-day Patriotic War, which turned into a war of rights and honor for the people of Azerbaijan, all our occupied territories, including our ancient cultural capital Shusha, were liberated as a result of the heroism of our Army on the battlefield. The victories of the Azerbaijani Army under the leadership of the Supreme Commander-in-Chief Ilham Aliyev and the liberation of our lands from occupation are written in golden letters in the history of our statehood. The Karabakh Revival Fund was established by the Decree of the...

TuranBank has received a credit line from a reputable international financial institution

TuranBank and ECO Trade and Development Bank have signed a loan agreement worth $ 2 million to expand the financing of trade operations. The attracted funds will allow TuranBank to expand import-export operations, both for member and other countries, and to support customers' trade operations. It should be noted that the agreement signed with ECO Trade and Development Bank is the third one. Thus, in previous years, our bank has attracted funds from this financial institution to finance small and medium enterprises (SMEs) and trade...