Monday 28 March 2011

ANNOUNCEMENT - Figures Turkish Participation Banks as per Dec 31, 2011

31th DECEMBER 2010 FINANCIAL FIGURES OF PARTICIPATION BANKS’ ACTIVITIES 

The end of 2010 performance of Participation Banks(PBs) compared to 2009 has been realized as follows:
-Raised Funds has reached to US$ 21.9 billion having a growing proportion of 22%. The share of TL funds in total raised funds is %66 while FC having %34. 
-Allocated Funds volume has reached to US$ 20.8 billion by a growth rate of 25% compared to the year 2009.
-Total assets volume has increased to US$ 28.1 billion by growing 25% when total shareholders’ equity has risen to US$ 3.5 billion with 19% rate.
-Period Net Income has reached to US$ 491.6 million by a rate of 4%. 
-Number of branches has been seen as 607 while number of staff is 12.694. The growth rate has been occured as 8% both for branches and staff.
Source : Turkish Participation Banks Association