annual repOrt - Turan Bank

32
SerVICe netWOrK
The new strategy adopted in 2007 sets new
targets for the bank – meeting of the demands
of the popultion for banking products
and services, increasing the support
to small and medium sized enterprises
and, for the purpose of activity in all regional
centers, expanding the branch network
up to 23 branches by 2011.
One of the key provisions of the new strategy of
TuranBank is the expansion of its service network. As
of the end of the year, the service network of the bank
include 11 regional branches, 8 representative offices
and 21 exchange offices.
Setting the expansion of service network in the
regional centers as of its priorities, in the first quarter
of 2007, TuranBank opened a new branch in Zagatala,
one of the cities with most potential in the Northwestern
territories of the Republic.
Comprehensive development and expansion of the
service network is not limited only to representation in
regions and increase in the number of regional units,
but also include the improvement of the efficiency of the
existing structural units. For this purpose, TuranBank
always does its best to increase the capacity of its
service network and to improve the quantitative and
qualitative parameters of its activity.
The geographical coverage of the branches,
representative offices and exchange offices constituting
the service network of the bank is quite large with 6
www.turanbank.az
KaMala MUstaFayeva
Board Member
Head of Operations
Department
branches in various locations in Baku, 5 branches in
Ganja, Sumgayit, Tovuz, Aghstafa and Zagatala.
Joining with a number of express money transfer
systems enabled the bank to meet the needs of the
population of the regions for such banking services
as money transfers and receipts and to enhance its
profitable activities in this field.
Today, the bank is the member of such express
money transfer systems as Western Union, Express
Money, Bistraya Pochta, Migom və PravatMoney.
As one of the priority fields of its activities,
TuranBank carries out the crediting of project not only
in the capital of the country – in Baku, but also provides
the crediting of various types of projects at the regional
level. Generlly, the role of regional economic growth
is vital for overall economic growth of the country. The
State Programm for Development of Regions dopted
in 2000, encourages nd promotes the restoration of
alrady existing production fields in various regions of
the country and stablishment nd devlopment of new
and non-traditional sectors of business.