TSKB posted TRY 147.4 million profit in 2007

11 February 2008
- 1 min Read

The Industrial Development Bank of Turkey (TSKB) disclosed its financial statements ended on December 31, 2007. TSKB, the first private investment and development bank of Turkey, secured a net profit of TRY 147.4 million. The Bank’s assets surged by 20% year on year, rising to TRY 4.9 billion. On a dollar basis, the asset growth rate hit 46%. The Bank’s loan portfolio reached USD 2.4 billion, with an increase of 36% compared to year-end 2006. TSKB’s equity reached TRY 738 million as of December 31, 2007.