Azer-Turk Bank Overview and Regulatory Compliance

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Azer-Turk Bank is a Turkish bank with a significant presence in Azerbaijan, offering a wide range of financial services to individuals and businesses.

The bank was founded in 1994 and has been operating in Azerbaijan since 1995, providing banking services to the country's growing economy.

Azer-Turk Bank has a strong focus on regulatory compliance, adhering to the rules and regulations set by the Central Bank of Azerbaijan and the Azerbaijan Deposit Insurance Fund.

With a presence in major cities across Azerbaijan, Azer-Turk Bank has established itself as a reliable and trustworthy financial institution in the country.

Gets 27% YoY Profit Rise

Azer-Turk Bank's impressive financial performance is a testament to its solid business model. The bank has achieved a remarkable 27% year-over-year (YoY) profit rise.

This significant increase in profitability is a result of the bank's ability to effectively manage its operations and make strategic investments.

The bank's financial statements show a notable improvement in its bottom line, indicating a strong and stable financial position.

Regulatory Information

Illuminated Wells Fargo bank branch at night showcasing modern architecture and signage.
Credit: pexels.com, Illuminated Wells Fargo bank branch at night showcasing modern architecture and signage.

Azer-Turk Bank is a publicly traded company, listed as Azer Turk Bank OJSC.

The bank's filings and annual reports are publicly available, which can be accessed through various sources.

Azer-Turk Bank OJSC has a specific filing information section, which includes details on the date and language of the filings.

The bank's document details are also available, including any actions taken.

Frequently Asked Questions

Who owns the International Bank of Azerbaijan?

The International Bank of Azerbaijan is owned by the Azerbaijani state, with its shares being held by the state. It operates as an open joint-stock company.

Angie Ernser

Senior Writer

Angie Ernser is a seasoned writer with a deep interest in financial markets. Her expertise lies in municipal bond investments, where she provides clear and insightful analysis to help readers understand the complexities of municipal bond markets. Ernser's articles are known for their clarity and practical advice, making them a valuable resource for both novice and experienced investors.

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