Emlak Participation offered 149 billion lira in financial support to the Turkish economy in 2024. The bank’s net profit rose by 70% to 8.7 billion lira. Emlak Participation disclosed its financial results for 2024, showcasing an increase in total assets to 228 billion lira, funds raised to 167 billion lira, and funds disbursed to 116 billion lira by the end of the year. With a 70% surge from 2023, the bank achieved a net profit of 8.7 billion lira in supporting the economy. The volume of lease certificates (sukuk) issued domestically by Emlak Participation reached 31.4 billion lira, marking a 77% increase compared to the previous year. The bank reported a 33% share in the sector for sukuk issuances it facilitated. Continuing to stand by its customers with new products and financial packages adhering to participation finance principles in 2024, Emlak Participation also contributed as a solution partner in the Deposit Management System (DYS) project. The bank reinforced its investments in digital banking in 2024 to enhance productivity, reduce costs, provide uninterrupted services, and save time.
Comments are closed