Emlak Participation General Manager Ilker Sirtkaya said, “While our asset size was ₺59.6 billion in the first half of the year, we increased our size to ₺93.1 billion in the third quarter, achieving a significant growth and contributing ₺46 billion to the country’s economy.”
Emlak Participation reached an asset size of ₺93.1 billion in the first 9 months of 2022. The net profit of the bank was recorded as ₺1 billion 462 million.
In the statement made by Emlak Participation, Emlak Participation General Manager İlker Sirtkaya stated that they are working for a road map where they will continue to develop and grow in every field, and emphasized that they left behind another very productive third quarter as Emlak Participation.
Sirtkaya made the following assessments:
“While the funds we have collected have reached ₺77.5 billion, our fund support to the markets has reached ₺39.2 billion. While our asset size was ₺59.6 billion in the first half of the year, we increased our size to ₺93.1 billion in the third quarter, achieving a significant growth and contributing ₺46 billion to the national economy.
Our profitability was ₺1 billion 462. In this period, we continued to expand our service network by increasing the number of our branches to 80. While we continue to contribute to employment with our number of employees reaching 1,231 people, we also attach importance to the employment of newly graduated young people within the scope of the Youth Participation program initiated by the Presidency Finance Office.”
Stating that they offer important services in different fields with innovative products, Sirtkaya said, “We have reached a significant number of customers in our “Project Preferred Private Fund Pool” application, which we put into service in the past period and which allows the fund owner to choose the area in which they will invest their savings. In addition, under the leadership of the Ministry of Treasury and Finance of the Republic of Turkiye, the KAD-SIS project (Jewellery Gold Valuation System), in which public banks are stakeholders, aimed to increase the speed of collecting scrap gold, to reach wider masses and to bring gold under the pillow to the economy, and it has taken its place in our institution as a stakeholder of this practice.”
Noting that they prioritized the environmental issue and took steps in this area, Sirtkaya said: ‘With Turkiye’s first real sector green sukuk project, which we have launched in line with the concept of sustainability, a company that is our stakeholder, we acted as an intermediary in the distribution of the income generated by a company that is our stakeholder, for services such as purchasing, sorting and collecting the waste to be recycled, and selling these products in the market by recycling them.”
Source: AA / Translated by Irem Yildiz