Kuveyt Türk closes H1 2016 with a profit of TRY 256 million
Kuveyt Türk Katilim Bankasi has closed the first half of 2016 with a net profit of TRY 256 million with an increase by 24.4% compared to the same period last year. The bank's total assets have reached 44,1 billion increasing by 4.9% and its shareholders equity has reached TRY 3.7 billion increasing by 8%. Ufuk Uyan, the CEO of Kuveyt Türk, said the bank added 30 new branch offices to its network throughout 2016. Kuveyt Türk aims at becoming one of the top three banks opening the highest number of branch offices in the banking sector.
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