Azerbaijan, Baku, 14 Feb. / Trend, A. Taghiyeva /
Profits of Turkey's two state banks, Ziraat Bankası and Halkbank increased by 26.2 percent and 44.4 percent respectively in 2012.
Ziraat Bankası made a profit of 2.65 billion Lira against 2.10 billion Lira in 2011, a statement published on its website on Thursday said. Ziraat Bankası's assets remained at the level of the year before last, 161.1 billion lira. The capital adequacy ratio of the bank was at 19 percent.
Halkbank earned 2.6 billion lira profit in 2012 against 1.8 billion lira in the year before, the bank reported.
Halkbank's assets in 2012 amounted to 108.3 billion lira against 91.1 billion lira a year earlier. The capital adequacy ratio of the bank last year was at 24.8 percent. Credit investments totaled 65.9 billion lira.
The official exchange rate for Feb.14 is 1.7590 TRY / USD.
