FW: Aktif Bank Announcces Press Release and Financial Results as of 2Q 2017

Dear Valuable Correspondent,

 

We, as the Turkey’s largest privately owned investment bank, are pleased to announce that our asset size reached to 9,9 billion TL in the first half of 2017 while the net profit went beyond 100 million TL, up by 89% in comparison to Q2 2016.

 

Thanks to strong capital through efficient management of sources, Aktif Bank achieved rapid and prudent growth with diversified customer basis in the first half of the year. Furthermore through an excellent outperformance the net profit outreached TL 100 million up by %89 in comparison to the same period of 2016; the NPL ratio was 1,86% whereas the sector average was 3,09%.

 

Stating that this year marks the 18th anniversary of Aktif Bank, the main target of Aktif Bank is to create a sustainable growth story with unique niche fields created without copying the industry.  In this respect, while the CAR ratio is 13.5 % ROAA is 18.73% whereas the sector average is 8.31%. Similarly Aktif Bank performs far beyond the sector in terms of ROAA; while the average of the banking sector is 0.88%, Aktif Bank’s performance is 2.13% as of Q2 2017.

 

We are happy to share below the important indicators from the consolidated balance sheet of Aktif Bank:

 

 

	30.06.2016	30.06.2017
Asset Size (Thousand TL)	8,501,690	9,905,210
Net Profit (Thousand TL)	54,744	103,673
Capital (Thousand TL)	1,015,808	1,161,172
NPL	1.83%	1.86%
CAR	12.90%	13.50%
ROAA	1.36%	2.13%
ROAE	11.19%	18.73%

 

 

Please kindly find attached our press release and IFRS results as of 30.06.2017.

 

Looking forward to develop and enhance our mutual relation in the upcoming periods as well.

 

Best Regards,

  

Aktif Bank

Financial Institutions Marketing Team