Şekerbank records 44% growth in the first nine
months of the year

                                                                                                                                                                                                                          4.11.2026

Şekerbank increased its total assets by 44% to TRY 293.4 billion in the first nine months of 2026.

Continuing to expand lending in support of production and employment, with a particular focus on agriculture, the Bank increased its total cash and non-cash loans by 46% to TRY 192 billion in the first nine months of the year.

According to its unconsolidated financial statements as of 30 September 2026, Şekerbank increased its total assets by 44% compared with the previous year-end to TRY 293.4 billion. With financing production at the heart of its growth strategy, the Bank increased its total cash and non-cash loans by 46% to TRY 192 billion in the first nine months of the year, driven in particular by growth in agricultural lending.

Continuing to strengthen its broad-based deposit base across Türkiye, Şekerbank increased its total deposits on an unconsolidated basis by 33% to TRY 186.4 billion in the third quarter of the year. The Bank further diversified its funding structure through new funding secured from international financial institutions and capital markets, increasing its total international funding by 60% since the beginning of the year to USD 1.4 billion.

According to the Bank’s financial results as of 30 September 2026, net profit for the first nine months of the year amounted to TRY 2.6 billion on an unconsolidated basis and TRY 3.2 billion on a consolidated basis.

Maintaining a strong capital adequacy ratio above the sector average, Şekerbank reported capital adequacy ratios of 22.34% on a consolidated basis and 20.50% on an unconsolidated basis as of 30 September 2026.

‘We support the local economy and employment’

Commenting on the Bank’s financial results for the first nine months of the year, Şekerbank CEO Aybala Şimşek Galpin said: ‘Supported by our well-established branch network across Türkiye, we sustained our strong growth in support of production and employment in 2026, in line with macroeconomic policies, increasing our total cash and non-cash loans by 46% to TRY 192 billion in the first nine months of the year. In the period ahead, we will continue to support local employment and the economy by increasing the long-term funding we bring into Türkiye through our strong partnerships with international financial institutions, while taking Şekerbank further up the sector rankings.’