OREANDA-NEWS. October 22, 2009. Overall capital of AzerTurk Bank OJSC has reduced by 4% since early 2009.

“Following the 3rd quarter it totaled USD 14.7 million or AZN 11.8 million,” the Bank said.

Charter capital of AzerTurk Bank (founded in July 1995) is paid for AZN 10 million.

The AzerTurk Bank’s major shareholders are T.C.Ziraat Bankas? A.S. (46%) and Aqrarkredit CJSC (46%).

Following 2007 Bank’s revenues reached AZN 5.478 million and expenditures AZN 3.906 million with growth of 40.56% and 51.33% respectively. Bank’s net profit totaled AZN 1.572 million (growth of 19.45%).