KFH Turkey registers USD70.5m net profit in H1


(MENAFN) KFH Turkey has improved its net profit to USD70.5 million in the first half of this year with a surge by 17.5 percent as compared to the same period in 2014, as stated by the company's chairman.

The firm's total assets have totaled USD13.3 billion growing by 16.6 percent in the first half of 2015 compared to the figures as of the end of 2014, while its collected fund has reached USD 8.5 billion rising by 17 percent in the same period.

Moreover, the bank has opened branch offices in Berlin and Mannheim in Germany and will increase its network of branch offices into the other key German cities like Cologne and Munich soon.

KFH Group will continue its efforts in order to accomplish growth and to prove success in line with KFH's ambitious strategy pursuing leadership in global development of Islamic financial services.


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