Turkish Republic of Northern Cyprus

First Half Results of TSKB

The Industrial Development Bank of Turkey (TSKB) disclosed its financial results for the first Half 2013. TSKB’s bank-only profit before tax read as TRY 214,2 million while net profit was recorded at TRY 176,7 million with an annual increase of 2,2%

TSKB’s total assets surged by 15,4% compared to first half of 2012, rising to TRY 11,321 million. As of 30th June 2013, TSKB sustained its strong capital structure at TRY 1,8 billion while delivering a ROAE of 20% and a ROAA of 3,3%.

Date : 06 August 2013
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