Garanti BBVA has released its statements that are financial June 30, 2019. According to its consolidated financials, the financial institution posted a net income of 3.7 billion Turkish Lira (TL) in the 1st 50 % of the season.

Garanti BBVA has released its statements that are financial June 30, 2019. According to its consolidated financials, the financial institution posted a net income of 3.7 billion Turkish Lira (TL) in the 1st 50 % of the season.

Resource size reached TL 422 billion, sufficient reason for its non-cash and cash loans the bank contributed TL 316 billion to Turkey??™s economy. Earnestly handling the capital base, the lender saw deposits continue being the primary capital supply at 62 % associated with total capital base.

The deposit base reached TL 261 billion representing 6 % development into the half that is first of 12 months. The lender maintained a solid money stance along with its money adequacy ratio (automobile) reaching 16.4 % and delivered an ROAE (Return on Average Equity) of 15.3 % and an ROAA (Return on Average Assets) of 1.8 %. Read more