Ziraat Bank net profits rise by 21.7% in Q2


(MENAFN) State-owned Ziraat Bank, which is considered one of Turkey's biggest lenders, revealed its net profits have recorded 21.7% increase in the April-June period to 2.2 billion Turkish.

The Turkish bank's loans and receivables have witnessed a surge to reach 270.9 billion liras in the second three months.

Never the less, Ziraat Bank's loan expansion has hit 34.5% in Q2, according to a data compiled by Reuters.

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