TuranBank OJSC was established on June 12, 1992 under the license No115 of Central Bank of Azerbaijan and have 16 sales points (of which 9 located in regions), 6 representatives, 162 POS Terminals, 26 ATMs. TuranBank is a member of Azerbaijan Banks Association (ABA), Azerbaijan Micro Financing Association (AMFA), Azerbaijan Export & Investment Promotion Foundation (AZPROMO), Caspian Integration Business Club (CIBC), Baku Interbank Currency Exchange (BICE), German – Azerbaijan Business Association (DAWF). The Bank is also a member of SWIFT, AZIPS, XÖHKS, Azericard, MasterCard International as well as express money transfer systems such as well as Western Union, Migom, İBA-Express, Contact, Monex, Privat Money, Lider, Zolotaya Korona and Blizko. TuranBank cooperates with a range of international financial institutions such as the US Agency for International Development (USAID), IFC, International Development Association (IDA), International Fund for Agricultural Development (IFAD), Islamic Development Bank Group, Islamic Corporation for Development of Private Sector (ICD), Islamic Trade and Finance Corporation (ITFC), and in particular the Black Sea Trade and Development Bank (BSTDB), World Business Capital/OPIC, Bank im Bistum Essen, Societte Generale, Mikrofinanzfonds, Cyrano Management, Sus Bee Finance, BCP, CommerzBank, ZiraatBank and BankAsya etc.