The internet revenue of Turkish banks amounted to TL 107.3 billion ($5.6 billion) in March, in accordance with information launched on Wednesday.
The determine was up from TL 63.2 billion in the identical month final 12 months.
Lenders’ complete property reached TL 15.8 trillion ($827.3 billion) in March, up from TL 10.2 trillion in March 2022, the Banking Regulation and Supervision Agency information confirmed.
Loans, the most important sub-category of property, amounted to TL 8.5 trillion Turkish.
On the liabilities aspect, deposits held at lenders in Türkiye – the most important liabilities merchandise – got here in at TL 9.96 trillion.
The sector’s regulatory capital-to-risk-weighted-assets ratio – the upper the higher – stood at 17.67% on the finish of March.
The ratio of non-performing loans to complete money loans – the decrease the better-was 1.82%.
As of end-March, a complete of 54 state, personal and overseas lenders – together with deposit banks, participation banks, and growth and funding banks – have been working in Türkiye.
The sector had 209,339 staff working at 11,060 branches each in Türkiye and overseas, together with a complete of 48,694 ATMs.
Source: www.dailysabah.com
