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Turkey's Akbank posts 7% drop in Q1 cons net profit

Turkish lender Akbank [IST:AKBNK] said that its consolidated net profit fell by 7% year-on-year to 1.3 billion lira ($186 million/171 million euro) in the first quarter of 2020.  Akbank's first-quarter net interest income rose by 43% on the year to 5.42 billion lira, while net fee income added 6% to…

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