• AZ


Wide network of correspondent accounts and direct access to the financial resources allow TuranBank to conduct interbank transactions more efficiently and on a basis of mutial benefit.

TuranBank conducts the following interbank operations:

  • Interbank currency exchange operations;
  • Derivatives transactions in the currency markets;
  • Interbank attraction and placement of cash;
  • Direct operations with securities;
  • Derivative securities transactions;
  • Service cash-in-transit of cash currency for banks;
  • Correspondent bank services on nostro;
  • Documentary credit transactions (credit and guarantees).

Convenient, safe and fast banking

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...

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...