Garanti Bank's net profit of 3.9 billion lire in the first half



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Garanti Bank achieved a net profit of 3 billion 935 million 990 thousand pounds in the first half

According to the statement made by Garanti Bank, gross profit before tax and provisions in the first half of the bank is 8 billion 678 million TL,

A total of 4 billion 741 million 849 thousand TL provision has been made, including tax provisions, provisions for expected losses and other provisions, in line with legal and international applications

In the end from the first half of the year 878 million pounds, the stock resources reached 44 billion 404 million 868 thousand pounds. The average return on the bank's assets was 2.1% and the average return on equity was 18.1%.

The Bank's support by actual loans and non-cash loans as at 31st June is TL TL 319.443 million

Total Loans, Foreign Exchange Loans and TL Loan Market Shares was achieved at 11%, 10.7% and 11.1%, respectively.

While customer deposits reached 222 billion 932 million 236 thousand pounds, the market share of customer deposits was 11.2%, the market share of consumer deposits was 12.7% and the share of consumer credit market was 12.6%. it was.

Garanti Bank General Manager Fuat Erbil, who took into account the assessments of the first part of the statement, said: "We play a pioneering role in our financial sector"

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Erbil used the following expressions, highlighting the growing contribution of the country's economy to the country's economy with the confidence given by high ratios of capital adequacy, reaching TL 319 billion:

"In the first semester successfully renewing our syndicated loans in the second quarter, we guarantee the sustainable financing power to create the show once again.We have added an innovative product to the funds we offer in June with the IFC to women entrepreneurs that we export special abroad, with the first social obligations of Turkey.In our sector for the sustainable financing of the first credit it green we provided in July, we assume again a leading role of Turkey. "

for sustainable development will prepare Turkey's global banking principles among the 26 largest Erbilen-only banks out there that included the world guarantee, Responsible and sustainable development is among Garanti's strategic priorities.

"We shape our products and services in this context and manage the environmental and social risks of our customers. We support women's participation in the labor market and work to create an inclusive economy in which all individuals also benefit from opportunities. Thanks to our customer experience and digitization initiative, we have ushered in a new era in banking and managed to convert more than 600 of our clients. "

Arbil, who points out that Garanti is proud of the success of his achievements,

" We were among the best in Central and Eastern Europe. The "best bank" for sustainable financing by Euromoney, "Best Project Finance" and "Best Structured Finance" by EMEA Finance. In emerging Europe institutional investors, the Middle East and Africa in the survey conducted among 473 companies, "the most admired" We took our place as the only institution among the management team of the bank of Turkey. I want to thank all my colleagues, all our stakeholders who have trusted us and supported us. "

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