4.2 billion TL net profit from Emlak Katılım in 9 months

Emlak Katılım Bankası's asset size increased by 61.93 percent in the first 9 months of the year compared to the same period of 2022, reaching 150.7 billion TL, while its net profit was 4.2 billion TL. The bank increased the share of its liquid assets in total assets by 10 percent compared to the end of the year, reaching 62.9 billion TL. Emlak Katılım Bankası's net profit in the January-September period was 4.2 billion TL. According to the statement made by the bank, cash financing volume increased by 37.4 percent compared to the same period of the previous year, reaching 55.5 billion TL, and non-cash financing volume increased by 57.7 percent, reaching 15.7 billion TL. Thus, Emlak Katılım contributed a total of 71.2 billion TL to the country's economy in 9 months. The bank's collected funds amounted to 118.3 billion TL compared to the same period of the previous year. As a result of its stable operational activities, equity profitability has reached 70 percent, well above the banking sector, while equity has increased by 121.2 percent compared to the same period of the previous year, reaching 10.1 billion TL. While the bank's non-performing loans ratio was well below the sector average at 0.35 percent, the bank achieved successful results in problem receivables management. The capital adequacy ratio was 28.19. The number of branches has increased to 101 Emlak Katılım, which continues to branch out, digitalize and serve its customers with new products in line with its growth strategy, increased the number of branches, including e-branches, to 101 during this period, and reached over 1400 employees.