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Turkey's Garanti Bank 2012 net profit flat at 3.07 bln lira
January 31, 2013 / 3:56 PM / 5 years ago

Turkey's Garanti Bank 2012 net profit flat at 3.07 bln lira

ISTANBUL, Jan 31 (Reuters) - Turkish lender Garanti Bank said on Thursday its net profit was virtually flat at 3.07 billion lira ($1.7 billion) last year, while net interest income rose 22 percent to 5.72 billion.

In the fourth quarter, net profit stood at around 757 million lira, according to Reuters calculations, below a forecast of 865.2 million lira in a Reuters poll.

$1 = 1.7678 Turkish liras Writing by Seltem Iyigun and Ayla Jean Yackley; Editing by Nick Tattersall

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