ANKARA
The net profits of the banking sector in Turkey increased by 5.1 percent in 2013 compared to the previous year, yielding a total figure of 24.73 billion Turkish lira ($10.9 billion), according to a Banking Regulatory and Supervision Agency (BDDK) report released on Thursday.
The asset size of the sector also increased by 26.4 percent in the last year, reaching a total value of 1.73 trillion TL ($775 billion).
The report states that loans comprise the largest share, an increase of 5.8 percent from the end of 2012 to 1.047 billion TL ($469 billion) at the end of 2013.
The reports also shows that 49 banks in the country are employing of 214,263 people in 2013.
Turkish banking sector's general deposits down
Turkish banking sector's general deposits decreased from 24 January to 31 January 2014 by 0.27 percent.
The size of Turkey's banking sector's general deposits, including interbank deposits, decreased by 0.27 percent in a week from 24 January to 31 January.
According to the data released by Turkey´s Central bank on Thursday, the size of general deposits reached 943.4 billion Turkish lira ($425.3 billion) as of January 31.
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