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10 March 2010 Wednesday   



Currency Buy Sell
 USD 1.5357 1.5479
 EURO 2.0813 2.0978
 Gold 55.42 55.89
 Silver 0.85 0.86
 Platinum 78.76 79.99
 Parity €/$ 1.3553

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Other Financial Data
 IMKB 100 52,541
 Gold-Gr. 55.89 TL

Consumer Credits Profit Rates
  TL%
 Real Estate 0.94
 Vehicle 1.19
 Other 1.50

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KUVEYT TURK PLACED ON RATING WATCH POSITIVE
The global rating agency, Fitch, has placed Kuwait Turkish Participation Bank’s long-term foreign currency rating at BB on rating watch positive (RWP)
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Kuveyt Türk boosts its net income in the First Half of the Year up to 83.2 Million TL
Kuveyt Türk boosts its net income in the First Half of the Year up to 83.2 Million TL
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Kuveyt Turk presents Gold Forward Contracts.
Kuveyt Turk presents Gold Forward Contracts.
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Account Numbers are converting to IBAN!
Central Bank of the Republic of Turkey has announced that all banks will convert to IBAN...
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Kuveyt Türk aims to support Turkish companies with murabaha loan facility of $115 million provided by Gulf and European banks
Kuveyt Türk held a press conference today at Çırağan Palace to announce the agreement on a $115 million murabaha facility provided by Gulf and European Banks.
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HAVING INCREASED ITS NET PROFIT BY 40% IN 2008, KUVEYT TÜRK NOW AIMS TO BREAK INTO THE TOP 10 …
Kuveyt Türk, achieving an assets growth of 49%, was the leading participation bank in 2008.
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Kuveyt Turk, breaks another new ground,has launched Special Participation Account for your foreign currency savings .
Special Participation Accounts offer you an alternative to make use of your accumulation in foreign currencies different than YTL, USD, and EUR.
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Kuveyt Turk has increased the number of foreign exchange rates that is used in forward agreements.
From now on, customers who use the foreign exchanges like GBP, CHF or JPY can also fixed the exchange rates.
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Kuwait Turkish Participation Bank’s Nine Months of Net Profits Were Up 53 Percent
Kuwait Turkish Participation Bank, (KTPB) the leading participation bank in Turkey reported a record net profit YTL 84,7 Million (USD 69,4 Million )during the first nine months of 2008 compared with the same period last year, net for 2008 increased by 53
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Kuveyt Türk receives STP Excellence Award
Kuveyt Türk receives STP Excellence Award The London based Standard Chartered Bank has given its Straight Through Processing Excellence Award to the Kuveyt Türk participation bank .
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Citibank has given its STP award to the KUVEYT TURK participation bank.
"Citibank has given its STP award to the KUVEYT TURK participation bank.It received the award error-free transactions according to STP standards."
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Kuveyt Türk’s 109 percent record increase of profit performance in 2007!
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.
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Our aim to become widespread all over Turkey continues with 10 new branches
By the end of 2007, our bank was serving 88 domestic branches, 1 branch in Bahrain, and 1 representative in Germany .by the end of April 2008 we added 10 new branches and raised the number of our branches to 98.
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