Azerbaijan, Baku, Dec. 9 /Trend, A.Akhundov/
Turkish banks' asset size reached 932 billion lira and their profits rose 7.6 percent year-on-year to 18.7 billion lira in October 2010, according to unascertained temporary data provided by the Banking Regulation and Supervision Agency, or BDDK, Anadolu news agency reported.
BDDK said Thursday that total assets soared 17.2 percent to 136.4 billion lira over the past one year. As of October, among asset items, loans totaled 482.5 billion lira and securities amounted to 273.3 billion lira. Loans increased 22.9 percent while securities rose 4 percent since the beginning of the year, BDDK figures showed.
In the meantime, non-performing loans (gross) dropped 4.1 percent.
Capital adequacy ratio of Turkish banking sector stood at 19.6 percent in October 2010. It was 20.4 percent in October 2009.
1 U.S. dollar is equal to 1.497 Turkish lira.