Azerbaijan, Baku, May 8 / Trend, A. Taghiyeva /
The assets of the Turkish banking sector increased by 4.2 percent reaching 1.428 trillion lira in the first quarter of 2013 compared to the same period in 2012, the Turkish Banking Regulation and Supervision Agency (BDDK) said.
During the year, the profit of the Turkish banking sector increased by 16.3 percent to 6.9 billion lira. The return on equity of the banking sector (ROE) was 14.6 percent.
The volume of loans granted by Turkish banks increased by 4.9 percent amounting to 38.8 billion lira during this period compared to January-March 2012.
According to the report, the capital adequacy ratio of Turkish banks amounted to 21 percent as of the end of the reporting period.
The official exchange rate is 1,7991 TRY/USD on May 8.