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Turkish Vakifbank Q4 net profit beats expectations
February 14, 2013 / 8:46 AM / 5 years ago

Turkish Vakifbank Q4 net profit beats expectations

ISTANBUL, Feb 14 (Reuters) - Turkish state lender Vakifbank on Thursday posted a fourth-quarter net profit of 450.7 million lira ($256 million), beating a Reuters poll forecast of 417 million.

The bank said its 2012 net profit rose to 1.46 billion lira from 1.23 billion the previous year.

$1 = 1.7635 Turkish liras Writing by Seltem Iyigun; Editing by Nick Tattersall

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