TuranBank received an KPMG audit report

International auditing company KPMG has provided TuranBank consolidated auditors' report on the results of 2011.The report covers the results of TuranBank and his subsidary - "TuranLizinq" leasing company.

During 2011 the total capital TuranBank grew by 9.5% and at the end of the year and totaled 23.9 million manats. The authorized capital for the period rose 10% reaching 22 million manat. As a result of operations total profit for 2011 was 3.8 million manat. Net profit amounted to 3.2 million manat. The audit report was provided on March 29, 2012.


/AzerTAc/