With the
participation of our general manager Ufuk Uyan and senior management, “Kuveyt
Türk’s 2007 Financial Performance and 2008 projections” were announced in a
press conference at Çırağan Palace Kempinski on April 2nd, 2008.
Our Vice
General Managers Süleyman Karakaya, İrfan Yılmaz, Bilal Sayın, Ahmet Albayrak,
Murat Çetinkaya, and Risk Manager H.Cevdet Yılmaz were present in the meeting
where Kuveyt Türk Particiaption Bank’s annual profit was declared as 74 million
123 Thousand YTL.
Our
General Manager Ufuk Uyan mentioned the rise of net profit due to 109 percent
performance increase compared to last year. Uyan emphasized the stability of
Kuveyt Türk in the banking and finance sector and indicated total assets of the
institution as 3 billion 868 million YTL and net credits as 3 billion 160 YTL
with an increase of 28 percent.
Kuveyt
Türk Participation Bank’s annual growth of last year was 32 percent, The growth
target for 2008 has been announced as 59 percent and annual net profit increase
as 74 percent.
The capital of the bank, which was raised to 260 million YTL in 2007, has
been scaled up to 500 Million YTL 40 Öillion YTL of the capital increase will be
met by internal resources the remaining resources; the remaining 200 Million YTL
will be covered by monetary capital incrase. | 