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FinancialNews
31-10-19
Turkish banking sector net profit amounted to USD6.4B in Jan-Sept
(MENAFN) The country's banking watchdog said Wednesday, the net profit of Turkey"s banking sector totaled USD6.4 billion in January-September.
The figure was down 12.5percent compared to the same period last year in the first nine months of this year, the Banking Regulation and Supervision Agency (BDDK) data showed.
Total assets of the sector amounted to USD758.8 billion, rising by 1.5percent over the same period last year.
Banking sector's total loans - the biggest sub-category of assets - fell by 2.2percent year-on-year to hit USD449.8 billion in the January-September period.
On the liabilities side, deposits held at lenders in the country amounted to USD420 billion, up 8.7percent during the same period.
MENAFN3110201900450000ID1099202380
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