Showing posts with label bank mellat. Show all posts
Showing posts with label bank mellat. Show all posts

Saturday, 17 September 2011

BANKING - Iranian Bank's Record Profit In Turkey

Bank Mellat showed the biggest increase in profits among all banks active in Turkey over the first six months of the year, even amid sanctions against Iranian financial institutions, Star newspaper reported, Bloomberg wrote.
Bank Mellat reported profits in Turkey of 32.6 million liras ($18.5 million) in the first half, a 217 percent increase over last year's figure for the same period of 10.3 million and the biggest increase among banks in Turkey.  (source)