bank
BİM Establishes Dost Participation Bank with 10 Billion Lira Capital
Turkish retailer BİM has completed the establishment of Dost Katılım Bankası A.Ş. with a registered capital of 10 billion Turkish lira and has applied to the BDDK for an operating license.
Aztelekom Increases Stake in Rabitəbank After Baktelecom Merger
Aztelekom's stake in Rabitəbank rose to 0.0902% after Baktelecom's shares were transferred as part of the merger.
VTB Capital Reduction: Sign of Losses or Shareholder Flight?
VTB (Azerbaijan) announced a reduction in its authorized capital from 315.8 million to 94.7 million manats, raising questions about the bank's financial stability.
VTB (Azerbaijan) to Cut Authorized Capital by 3.3 Times
VTB (Azerbaijan) decided at a shareholders' meeting on July 3 to reduce its authorized capital from 315.8 million to 94.7 million manats to align its capital structure with legal requirements.
Yelo Bank Extends Promo on First Cash Loan Until August 31, 2026
Yelo Bank extends special offer for new clients: 1% discount on first cash loan and 0% commission until August 31, 2026.
PAŞA Yatırım Bankası Net Profit Down 30.7% in H1
PAŞA Yatırım Bankası (Turkey) reported net profit of 192 million liras for H1, down 30.7% year-on-year.
Valentin Morozov Appointed Chairman of Unibank's Management Board
Valentin Morozov has been appointed Chairman of the Management Board of OJSC Unibank, the bank announced.
Freedom Holding completes acquisition of Turkish Bank
Freedom Finansal Hizmetler A.Ş., a subsidiary of Freedom Holding Corp., has completed the acquisition of Turkish Bank, which will now operate under the Freedom Bank A.Ş. brand.
VTB Azerbaijan Profit Falls 7.8% in First Half of 2026
Net profit of Bank VTB Azerbaijan fell 7.8% to 5.826 million manats, revenues dropped 8.1%, and the deposit portfolio decreased by 13.3%.
AFB Bank Profit Falls Nearly 12-Fold
AFB Bank's profit in the first half of 2026 dropped 11.5 times to 237,000 manats, while assets grew 72%.