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Turkish banks' 2013 net profits rise 5.1 percent - banking watchdog
February 6, 2014 / 10:37 AM / 4 years ago

Turkish banks' 2013 net profits rise 5.1 percent - banking watchdog

ISTANBUL, Feb 6 (Reuters) - The Turkish banking sector’s net profits rose 5.1 percent year-on-year to 24.73 billion lira ($11.05 billion) in 2013, the banking watchdog BDDK said on Thursday.

The sector’s loans rose 5.8 percent from the end of 2012 to 1,047 billion lira at the end of 2013, watchdog data showed.

$1 = 2.2386 Turkish liras Reporting by Ece Toksabay

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