The Bank stated on Friday that the assets of the bank reached 8.6 billion TL in the end of the third quarter while credits rose 20.66 percent to 6.04 billion TL when compared to the end of 2009.
Kuveyt Turk's equities rose 51.8 percent to 1.2 billion TL in the first nine months of 2010. Also the number of bank's personnel reached 2,725, and branches 141 in the mentioned period.
Kuveyt Turk is a participation bank established in 1989, and a member of the Participation Banks Association of Turkey. The association has currently four members, including Albaraka Turk, Bank Asya, Kuveyt Turk, and Turkiye Finans.
Source : http://www.worldbulletin.net/news_detail.php?id=66241 - Nov 12, 2010
