Turkey-based public
sector lender Ziraat Bank has posted a net profit of TRY2.10bn
($1.17bn) for the 12 months to 31 December, down 43%
year-on-year.
Total deposits fell by
10% to TRY113.1bn while total assets increased by 6% to
TRY160.7bn.
Go deeper with GlobalData
Ziraat director general
Hüseyin Aydın said that Ziraat’s turnaround project would boost the
bank’s competitiveness and improve customer service.
Ziraat ended 2011 with
1,434 outlets, the largest branch network in the
country.
Ziraat retains global
ambitions and Aydin said that the bank remains committed to growing
its international network of 78 offices in 17 countries.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
