PASHA Bank’s Turkey-based subsidiary concludes quarter with profit

PASHA Bank’s Turkey-based subsidiary concludes quarter with profit
  • Clock-gray 10:36
  • calendar-gray 06 November 2017

In nine months of 2017 the assets of PASHA Yatirim Bankasi (PASHA Bank’s daughter company in Turkey) stood at TRY 798,646,000, up TRY 361,813 or 82.82% from previous year.

 

Bank says the loan portfolio rose 70.68% TRY 632,913,000, interest incomes increased 1.7-fold to TRY 44,615,000, interest expenditures 4.5-fold to TRY 16,062,000.

 

The bank concluded nine months of 2017 with TRY 11,431,000 in profit.

 

1 TRY = AZN 0.4385.

 

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