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Garanti BBVA has released its monetary statements through June 30, 2019. According to its consolidated financials, the financial institution posted a net gain of 3.7 billion Turkish Lira (TL) in the 1st 1 / 2 of the year.

Friday, August 2nd, 2019
Garanti BBVA has released its monetary statements through June 30, 2019. According to its consolidated financials, the financial institution posted a net gain of 3.7 billion Turkish Lira (TL) in the 1st 1 / 2 of the year.

Resource size reached TL 422 billion, sufficient reason for its money and non-cash loans the bank contributed TL 316 billion to Turkey??™s economy. Earnestly managing the financing base, the lender saw deposits keep on being the key money supply at 62 % associated with the total capital base.

The deposit base reached TL 261 billion representing 6 % development into the first 1 / 2 of the 12 months. The lender maintained a capital that is strong having its money adequacy ratio (CAR) reaching 16.4 % and delivered an ROAE (Return on Average Equity) of 15.3 per cent and an ROAA (Return an average of Assets) of 1.8 per cent. (more…)