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TuranBank

An Azerbaijani commercial bank offering retail and corporate services.

THE TIMELINE

Everything FinFly reported

6
Economy · August 4, 2026

TuranBank Completes Gender Equality Project with Columbia University

TuranBank, together with Enabling Qapital and Columbia University, implemented a project to promote gender equality in Azerbaijan's financial sector.

Economy · August 1, 2026

Azerbaijan's Consumer Credit Limit Reaches 250,000 AZN

Azerbaijani banks are increasing consumer credit limits to 250,000 AZN, targeting high-income clients. The market shows steady growth.

Economy · July 29, 2026

TuranBank and ITFC Continue Successful Cooperation in Trade Finance

TuranBank has drawn down another $2 million tranche under a $10 million financing agreement with the International Islamic Trade Finance Corporation (ITFC), bringing total disbursements to $5.5 million.

Economy · July 21, 2026

TuranBank Opens New Office in Ganja

The Ganja branch of TuranBank has moved to a modern building at 234 Ataturk Avenue, expanding access to financial services.

Economy · July 15, 2026

TuranBank Secures Funding from Incofin-Managed Funds

TuranBank has signed new credit agreements with funds managed by Belgium's Incofin Investment Management, securing $1.25 million and €2 million for SME and green financing.

Economy · July 9, 2026

CBA Selects New Banks for Sale of Commemorative Coins

The Central Bank of Azerbaijan has selected TuranBank and Bank of Baku as agents for the sale of commemorative and memorial coins.