12/29/2020

Net Profit of Turkey’s Banking Sector Increases in November

The Banking Regulation and Supervision Agency (BRSA) has unfolded January-November 2020 period figures of the banking sector.

Accordingly, the total assets of Turkish banks rose by 36.3 percent y-o-y, while y-o-y increases in total loans, securities and total deposits were recorded as 36.5 percent, 58 percent and 35.5 percent respectively at the end of November 2020.

The sector recorded a non-performing loans ratio of 3.97 percent and a capital adequacy ratio of 19.38 percent as of the same date.​

The Banking Regulation and Supervision Agenc; BRSA; total assets