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 veterans.
Boxes of holiday gifts made with the financial support of the bank were presented to families of martyrs and veterans who were seriously injured in bed conditions in medical institutions.
The purpose of this project, implemented by the" YAŞAT " Foundation, is to keep the people of the relevant category in the center of attention, including on the eve of Novruz holiday, and to cover them with social care.
It should be noted that TuranBank, committed to the values of patriotism and social responsibility, will continue to support the social security of the injured and the families of martyrs in connection with the protection of our territorial integrity.
It should be noted that our bank has previously transferred AZN 100,000 (one hundred thousand) to the Survival Fund established to support the victims and families of martyrs in connection with the protection of the territorial integrity of the Republic of Azerbaijan.
19.03.2021On the occasion of the International Children's Day, TuranBank Umid Yeri is holding a drawing competition "Let's protect children" among the young residents of the orphanage. All residents of the shelter will be able to participate in the competition, which has no age limit. The winner of the competition, which will be held from May 21 to 31, will be announced on June 1. The winner will receive a computer and a printer from the bank.
We wish good luck to all participants!
TuranBank
05.09.2020In support of this successful initiative, this time TuranBank has provided the people in the regions with the tools they need in their field of activity with 3 degrees of disability. Thus, Shamo Nurullayev from Lankaran, Shamil Muradli from Gazakh region and Ulfat Guliyev from Ganja were provided with professional camera equipment on the basis of their appeals to the self-employment program.
It should be noted that the Ministry of Labor and Social Protection of the Republic of Azerbaijan, the Central Bank of the Republic of Azerbaijan and the Ministry of Labor and Social Protection of the Republic of Azerbaijan and the Central Bank of the Republic of Azerbaijan It is implemented in accordance with the Memorandum of Cooperation signed between the Association of Banks to assist in the organization of self-employment of vulnerable groups.
Congratulations to all program participants and good luck in your future endeavors!
TuranBank
TuranBank continues to support young people!
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 should be noted that this support was given to the initiative of the President of the country on March 11, 2020 to share social responsibility for the organization of self-employment of vulnerable groups by banks operating in the country according to the Memorandum of Cooperation signed between the Ministry of Labor and Social Protection of the Republic of Azerbaijan, the Central Bank of the Republic of Azerbaijan and the Association of Banks of Azerbaijan to assist in the organization of self-employment of vulnerable groups.
Congratulations to all program participants and good luck in your future endeavors!
TuranBank
01.09.2020
Convenient, safe and fast banking
A cooperation agreement has been signed between the Azerbaijan Energy Regulatory Agency (AERA) and TuranBank OJSC on the provision of preferential loans through an authorized credit institution using the resources of the Energy Efficiency Fund. The agreement was signed by Chairman of the Management Board of TuranBank OJSC, Orkhan Garayev, and Deputy Chairman of the Management Board of AERA, Rovshan Ismayilov. The primary objective of the agreement is to promote the implementation of energy efficiency measures through cooperation with the...
TuranBank OJSC, one of the leading financial institutions supporting the development of the real sector in Azerbaijan, has signed a new cooperation agreement with Swiss impact asset manager responsAbility Investments AG as part of its strategy to strengthen its position in international financial markets and expand financing of the local economy. Under the agreement, responsAbility Investments AG has provided TuranBank with funding equivalent to USD 10 million in local currency for a period of three years. The funds...
Baku, Azerbaijan - TuranBank ASC, one of Azerbaijan’s leading banks, has signed a US$10 million line of trade financing agreement with the International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group. The agreement aims to expand financing solutions for international trade activities, enhance SMEs’ access to finance and promote the use of Islamic trade finance instruments. The strategic partnership is designed to strengthen import-export activities of Turanbank’s clients,...
TuranBank OJSC, one of the leading banks in Azerbaijan supporting the real sector, has achieved another strategic milestone in advancing the development of Micro, Small and Medium-sized Enterprises (MSMEs) and enhancing access to finance. In this regard, the Bank has entered into a loan agreement with the EMF Microfinance Fund, managed by Enabling Qapital, a leading Swiss Impact Asset Manager regulated by FINMA. Pursuant to the agreement, the Fund has extended financing to TuranBank in local currency equivalent to USD 5 million. The funds,...
TuranBank OJSC, adhering to the principles of socially responsible banking, has commenced cooperation with the Public Union "Üçüncü Bahar"with the aim of promoting the meaningful use of leisure time among older adults, enhancing their quality of life, and strengthening their social well-being. Within the framework of this partnership, the Bank will provide support for the activities and infrastructure development of the İçərişəhər “YAŞA” Center operating under the Union. The principal...
The Asian Development Bank’s Trade & Supply Chain Finance Program (ADB TSCFP) has confirmed an increase in TuranBank’s overall limit under the Credit Guarantee Product to USD 8 million. This expansion marks another significant milestone in the long-standing cooperation between TuranBank and ADB TSCFP, underscoring the growing confidence of international financial institutions in TuranBank’s strategic development, risk management practices, and operational capabilities. ADB TSCFP has also assigned a new revolving credit...
Invest in Visions (IIV), through the IIV Mikrofinanzfonds and the IIV FINANCIAL INFRASTRUCTURE FUNDS, FCP RAIF – DKM MIKROFINANZFONDS A, has successfully invested in TuranBank, one of Azerbaijan’s leading banks in financing small and medium-sized enterprises (SMEs). The transaction was structured in cooperation with the reputable Incofin Investment Fund. Under the agreement, the international investors are providing TuranBank with a synthetic loan in Azerbaijani manats (AZN), equivalent to USD 15 million, with a maturity of three...