Turkish Halkbank 2012 net profit rises 27 percent

ISTANBUL Wed Feb 13, 2013 7:05am EST

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ISTANBUL Feb 13 (Reuters) - Turkish lender Halkbank posted a net profit of 2.595 billion lira ($1.5 billion) last year, up 27 percent from a year earlier, it said on Friday.

In the fourth quarter, net profit rose to 742.2 million lira from 504 million lira a year earlier, exceeding a Reuters poll forecast of 708.5 million lira. ($1 = 1.7724 Turkish liras) (Writing by Daren Butler; Editing by Nick Tattersall)