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Turkish banks' Jan-Feb profit down 26.3 pct - watchdog
April 7, 2014 / 11:17 AM / 3 years ago

Turkish banks' Jan-Feb profit down 26.3 pct - watchdog

ISTANBUL, April 7 (Reuters) - The Turkish banking sector’s net profit in the January-February period fell 26.3 percent year-on-year to 3.184 billion lira ($1.51 billion), the banking watchdog BDDK said on Monday.

The sector’s loans rose 32.2 percent from a year earlier to 1.08 trillion lira.

$1 = 2.1135 Turkish Lira Reporting by Ece Toksabay; Editing by Nick Tattersall

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