Turkey's Akbank beats forecasts with 893 mln lira Q2 net profit

ISTANBUL, July 23 Wed Jul 23, 2014 10:50am EDT

ISTANBUL, July 23 (Reuters) - Turkish lender Akbank said on Wednesday its net profit dropped to 893 million lira ($427 million) in the second quarter, but it beat the 763 million lira forecast in a Reuters poll of analysts.

The result compared with a net profit of 914 million in the second quarter a year ago.

($1 = 2.0903 Turkish Liras) (Reporting by Ebru Tuncay; Writing by Nick Tattersall)