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Turkey’s banking sector marks net profit of USD4B
(MENAFN) According to Turkey’s banking watchdog, the country's marked a net profit of 33.8 billion Turkish liras (USD4 billion) as of the end of June.
A report by the Banking Regulation and Supervision Agency (BRSA) declared that amount of assets of the sector stood at 6.7 trillion Turkish liras (USD785 billion), increased 10.2 percent from the previous year same time span.
The biggest sub-category of assets, Loans, increased 9.5 percent annual to 3.9 trillion Turkish liras (USD469 billion) in the six-month period.
Deposits held at lenders in Turkey – the largest liabilities item – amounted at more than 3.9 trillion Turkish liras (USD469 billion), increased 12 percent from a year ago.
A report by the Banking Regulation and Supervision Agency (BRSA) declared that amount of assets of the sector stood at 6.7 trillion Turkish liras (USD785 billion), increased 10.2 percent from the previous year same time span.
The biggest sub-category of assets, Loans, increased 9.5 percent annual to 3.9 trillion Turkish liras (USD469 billion) in the six-month period.
Deposits held at lenders in Turkey – the largest liabilities item – amounted at more than 3.9 trillion Turkish liras (USD469 billion), increased 12 percent from a year ago.
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