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Turkish banks see 38% rise in net profits at end of June

Turkey’s banking sector registered a net profit of nearly TL 39 billion ($5.6 billion) as of the end of July, a 38% year-on-year increase, the country's banking watchdog said. Total assets of the sector hit TL 5.6 trillion, up 34.7% from the same period last year, a report by the…

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Click here to read the full story: Daily Sabah

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