• AZ


Date of update: 15.01.2024

 

Legal name and form:  "TuranBank" Open Joint Stock Company

Legal address: 53 Nizami street, AZ1095, Baku, Azerbaijan

Actual address: 85 Ismayil bey Gutgashinly street,  AZ1073 Baku, Azerbaijan

Bank code: 507462

Tax ID: 1300016391

Correspondent account at the Central Bank of the Republic of Azerbaijan: AZ26NABZ01350100000000027944

SWIFT: TURAAZ22

Telex: 14326 TURAN AI

Independent auditors: Deloitte & Touche, PWC , KPMG,Baker&Tilly and Nexia EA
.
Phone: + 994 (12) 497 25 11/92, 510 79 11/22

Fax: + 994 (12) 497 25 77

E-mail: office@turanbank.az

URL: http://www.turanbank.az

Date of establishment: 12 June 1992

License: №115, issued by the Central Bank of the Republic of Azerbaijan

Shareholders: 8 legal and 20 individuals

Branches: 19

Sub branch: 3

ATMs: 36

POS Terminals: 275

Paid-in share capital: AZN 80 005 244 

Share in other companies: Bashak-Inam Insurance Company (7.14%), National Card Processing Center (2,4%)

Membership to organizations:  Azerbaijan Banks Association (ABA), National Confederation of Entrepreneurs (Employers) of the Azerbaijan Republic, Azerbaijan Microfinancing Association (AMFA), AZPROMO,  Baku Interbank Currency Exchange, Azerbaijan Risk Professionals Association (ARPA), American-Azerbaijan Chamber of Commerce (AMCHAM). 

Membership to payment systems: SWIFT, AZIPS, KHOHKS, Azericard, MasterCard International, AÖS and VISA

Express money transfers: Western Union, Granat, UPT

Services and products:

  • Business loans
  • Consumer loans
  • Documentary operations
  • Deposits and savings
  • Express money transfers for natural persons
  • Encashment for legal and natural persons
  • Currency exchange
  • Plastic cards

 

       Privacy Policy

 

Convenient, safe and fast banking

TuranBank Participates in Tree Planting Campaign

TuranBank, one of the leading banks in the country, proudly participated in a large-scale tree planting campaign organized to commemorate the 100th anniversary of the birth of Heydar Aliyev. The campaign was attended by representatives from various associations, as well as approximately 250 members of participating organizations. It was organized by the Central Bank of the Republic of Azerbaijan, the Ministry of Ecology and Natural Resources, and the Association of Azerbaijan Banks. This marks the third consecutive year of the event. As part...

TuranBank Announces Results for the First Quarter of 2025

TuranBank OJSC, one of the leading banks in the country, has maintained its strong market position in terms of financial indicators, as revealed in the results for the first quarter of 2025. As of the end of the first quarter, TuranBank's total assets reached 876 million manat. In line with its strategic objectives, the Bank continued to focus on financing micro, small, and medium-sized enterprises (MSMEs). The loan portfolio increased by 15.1 million manat compared to the end of last year, reaching a total of 667 million manat. This...

TuranBank successfully completes a strategic project promoting gender equality

TuranBank, a leading bank in Azerbaijan committed to advancing gender equity, has successfully completed a strategic project aimed at fostering greater inclusion of women in the financial sector. Developed in long-term partnership with Enabling Qapital, a FINMA-regulated Swiss impact asset manager, and Columbia University's School of International and Public Affairs (SIPA), the initiative combined research and practical engagement to support more inclusive practices in banking. From March 14 to 19, seven graduate students from SIPA...

TuranBank Secures Loan from Reputable Financial Institution

TuranBank OJSC, a leading bank in Azerbaijan committed to supporting the real sector of the economy, continues to strengthen its collaboration with international financial institutions. In this regard, the Bank has signed a loan agreement with the EMF Microfinance Fund, which is managed by Enabling Qapital, a FINMA regulated leading Swiss Impact Asset Manager. The agreement, worth 4 million US dollars, is set for a 3-year term and aims to further expand financing for Micro, Small, and Medium Enterprises (MSMEs) in Azerbaijan. “This...

TuranBank Supports Young Girls from an Orphanage

In line with the principles of socially responsible banking, TuranBank recently held a charity event in support of the Public Union "Children of Azerbaijan." As part of the project " Zərif əldən cəsur ürəklərə", the bank facilitated the sale of symbolic jewelry handcrafted at the Reintegration Center, operated by the Public Union "Children of Azerbaijan." The initiative aims to assist girls who have suffered from violence and abandonment in enhancing their professional skills and covering their educational expenses. The goal of...

TuranBank has secured a loan in local currency from a reputable International Financial Institution

TuranBank OJSC, one of the leading banks in Azerbaijan supporting the real sector, continues to attract financial resources from international institutions due to its successful operations. In this regard, a new loan agreement has been signed between TuranBank and the Black Sea Trade and Development Bank (BSTDB) to further support the financing of small and medium-sized businesses. Under the terms of the agreement, the international financial institution has allocated a loan to the Bank in local currency, amounting to the equivalent of 6...