Turkish banking sector begins 2025 with over $1B in net profit
Photo illustration shows a digital financial chart overlays skyscrapers. (Adobe Stock Photo)
Türkiye’s banking sector recorded a net profit of ₺47.35 billion ($1.29 billion) in January, marking a 48% increase from the ₺32 billion recorded in the same month last year.
According to the Banking Sector Monthly Bulletin released by the Turkish Banking Regulation and Supervision Agency (BDDK) on Monday, the sector’s total assets increased by ₺708.94 billion since the end of 2024, reaching ₺33.37 trillion.
As of January, loans—the largest component of total assets—stood at ₺16.37 trillion, while the total value of securities held by banks amounted to ₺5.34 trillion. The non-performing loan (NPL) ratio for the period was recorded at 1.87%.
Deposit growth supports equity expansion
Deposits, the primary funding source for banks, increased by 0.8% compared to the end of 2024, reaching ₺19.05 trillion.
During the same period, total equity capital grew by 3.5% to ₺2.99 trillion.
At the end of January, the sector’s capital adequacy ratio stood at 17.62%, maintaining a strong financial position.
