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Turkish banks' Jan-Nov net profit up 6.8 pct - watchdog
January 7, 2014 / 10:42 AM / in 4 years

Turkish banks' Jan-Nov net profit up 6.8 pct - watchdog

ISTANBUL, Jan 7 (Reuters) - The Turkish banking sector’s net profit rose 6.8 percent year-on-year to 23.3 billion lira ($10.73 billion) in the first eleven months of the year, the banking watchdog BDDK said on Tuesday.

The sector’s loans rose 30.4 percent from the end of last year to 1 trillion lira at the end of November, watchdog data showed. ($1 = 2.1716 Turkish liras) (Reporting by Seda Sezer, editing by Dasha Afanasieva)

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