TuranBank has signed an agreement with a reputable financial institution
TuranBank OJSC and Deutsche Sparkassenstiftung für internationale Kooperation eV signed an Agreement in the direction of strengthening the economic participation of Micro and Small Entrepreneurs (MSE) through improved access to and use of financial services in rural areas of Azerbaijan within the project “Promotion of rural finance for sustainable MSE development in the South Caucasus and Ukraine”.
Within the framework of the project, the Fund will provide our Bank with a complete or individual stress tests on new approaches to consumer, micro, agricultural credit rating, scoring methodology and model samples, as well as credit, market and operational risks, various types of risk identification and assessment models. Methodological support services will be provided in the direction of such model examples.
Emphasizing cooperation with international financial institutions, our Bank will continue to cooperate with Deutsche Sparkassenstiftung für internationale Kooperation e.V and other financial institutions on potential business projects in the future.
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