Business

Kuveyt Turk’s asset size is ₺285 billion

The asset size of Kuveyt Turk was ₺284.7 billion. The size of the funds extended by the bank increased by 22% to reach ₺150.2 billion.

Having a net profit of ₺1 billion 465 million in the first quarter, Kuveyt Turk’s own assets increased to ₺13.7 billion. Ufuk Uyan, General Manager of Kuveyt Turk, said, “The fact that the amount of funds we have used has reached ₺150.2 billion in the first quarter, is an indication of our meticulousness in supporting the real economy.”

Source: Sabah / Translated by Irem Yildiz

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