Showing posts with label profits. murabaha. Show all posts
Showing posts with label profits. murabaha. Show all posts

Tuesday, 1 November 2011

BANKING - Turkey's bank Albaraka will improve its bottom line by 38.7% in 3Q11-Erste

We expect the bank to improve its bottom line by 38.7% in 3Q11 to TRY 42mn; which also marks 26% y/y growth, mainly driven by strong top line profitability. The bank's volume growth performance should be in line with its peer average. We also foresee 5% quarterly growth in total loans.  (source)