The asset size of Kuveyt Turk was ₺284.7 billion. The size of the funds extended by the bank increased by 22% to reach ₺150.2 billion.
Having a net profit of ₺1 billion 465 million in the first quarter, Kuveyt Turk’s own assets increased to ₺13.7 billion. Ufuk Uyan, General Manager of Kuveyt Turk, said, “The fact that the amount of funds we have used has reached ₺150.2 billion in the first quarter, is an indication of our meticulousness in supporting the real economy.”
Source: Sabah / Translated by Irem Yildiz