460 billion TL profit from banks in 9 months

According to the Banking Regulation and Supervision Agency (BRSA) sector data for September,Net profit of the phoenix industry in September With 77.64 billion TL, it more than doubled compared to the previous month. Profit in August was 34.05 billion TL.

The net profit of the banking sector in the January-September period increased by 4.7 percent compared to the same period last year, reaching 460.4 billion TL. The total of the sector increased to 30 trillion 518.7 billion TL as of the end of September.

Loans reached 15 trillion 14 billion 391 million lira

The largest asset item in the sector loans 15 trillion 14 billion 391 million liraThe total of securities was 4 trillion 893 billion 873 million liras. During this period, the conversion rate of loans to non-performing loans was 1.71 percent.

Deposits, which are the largest source of funds among banks’ resources, increased by 20.1 percent compared to the end of 2023, reaching 17 trillion 835 billion 273 million lira.

In the same period, the total equity capital increased by 22.8 percent and reached 2 trillion 643 billion 632 million liras.

Source: www.dunya.com