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FinancialNews


  • 31-03-20

    Turkey's banking sector recorded USD2.4 billion net income

    (MENAFN) According to Turkey's banking watchdog, Turkey"s banking sector recorded USD2.4 billion net income starting from end-February.


    As said in report by the Banking Regulation and Supervision Agency (BRSA), total assets of the sector increased 20 percent yearly to USD759.7 billion.


    Loans, the biggest sub-category of assets, totaled USD447 billion, a 14.5 percent increase from last year.


    On the liabilities side, deposits held at lenders in Turkey amounted to USD433.6 billion, increasing 29 percent on a yearly basis.

    MENAFN3103202000450000ID1099941672

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