TSKB announces its results for 2012 : Net profits up by 20%

The Industrial Development Bank of Turkey TSKB) disclosed its financial results of December 31st, 2012. TSKB’s bank-only profit before tax reads as TRY 382.8 million, with a yearly increase of 20.5%, and its net profit as TRY 307.3 million, with yoy increase of 20.3%.

Thanks to its strong performance in line with its sustainable growth strategy, net interest income reached TRY 430.5 million with a 18,2% yearly increase. Net commissions were recorded as TRY 12.2 million. Consequently, total operating income expanded by 17.5% to TRY 489.4 million.