Şekerbank grows by 32 percent in agricultural loans in 2015

Şekerbank grows by 32 percent in agricultural loans in 2015

12.02.2016

Having announced its solo financial statements of 31/12/2015, Şekerbank's net profit in the year-end is TL 102.7 million. The asset size of the Bank rose by 15 percent in the recent year to TL 24.4 billion as of the end of the year 2015.

Şekerbank, which raised its total loan volume to TL 16.7 billion by 14 percent increase compared to the previous year-end, rose by 32 percent in the agricultural loans in the same period. With this performance in financing of production, Şekerbank has raised its agricultural loans market share among the private banks to 11 percent by increasing its agricultural loans volume to TL 2.1 billion as of 31/12/2015.

The deposit volume of Şekerbank has reached TL 14.9 billion as of the year-end thanks the 10 percent growth in the year 2015. The total equity size of the Bank, which rose by 6 percent in the same period, has exceeded TL 2.5 billion as of 31/12/2015.

Selected Indicators regarding Şekerbank’s Solo Financial Results of 31/12/2015:

Total Assets: TL 24.4 billion                    
Total Loans: TL 16.7 billion 
Total Deposits: TL 14.9 billion                  
Equities: TL 2.5 billion                           
Net Profit: TL 102.7 million