Net revenue of Turkish banks reached 65.6 billion Turkish liras ($3.48 billion) in February, almost double in lira phrases in comparison with final yr, the nation’s banking watchdog introduced on Wednesday.
Total belongings of the lenders totaled at 15 trillion liras ($797.5 billion) in February, rising from 9.5 trillion liras ($687.4 billion) in the identical month final yr, the Banking Regulation and Supervision Agency information confirmed.
Loans, the biggest sub-category of belongings, amounted to eight.1 trillion Turkish liras ($427.3 billion) final month.
On the liabilities aspect, deposits held at lenders in Türkiye-the largest liabilities item-came in at 9.4 trillion Turkish liras ($500.7 billion).
The sector’s regulatory capital-to-risk-weighted-assets ratio-the larger the better-stood at 17.15% on the finish of February.
The ratio of non-performing loans to whole money loans-the decrease the better-was 1.93%.
As of end-February, a complete of 54 state/personal/overseas lenders-including deposit banks, participation banks, and improvement and funding banks-were working in Türkiye.
The sector had 209,208 workers working at 1,156 branches each in Türkiye and overseas, together with a complete of 48,858 ATMs.
Source: www.anews.com.tr
