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Akbank supports the Turkish Economy through loans of TL 843 billion in the first quarter of 2023 

Evaluating the financial performance of Akbank in the first quarter of 2023, CEO Hakan Binbaşgil stated, “First and foremost, we would like to remember our citizens who lost their lives in the earthquakes that occurred on February 6th, 2023 and express our deepest condolences to their loved ones and to our entire nation. We would like to thank everyone, especially the search and rescue teams, for their extraordinary efforts in the region. We are proud to be a part of the Turkish Banking Sector, which was instrumental in the aid mobilization that followed the earthquake. Working with all its might from the beginning of the disaster, Akbank will continue supporting the relief efforts as well as the ongoing regional recovery.”

“We provided loans of TL 843 billion to the economy in the first quarter of 2023”
Binbaşgil continued, “In the first quarter of 2023, the loan support we provided to the economy increased to a total of TL 843 billion with TL 677 billion in cash loans. Our deposits reached TL 819 billion, while our assets reached TL 1 trillion 259 billion. With our strong capital adequacy ratio of 18.9%, we continued to support the growth and development of the real sector. Akbank reported a consolidated net profit of TL 10 billion 711 million, after TL 2 billion 375 million tax provisions. I would like to thank our customers and our shareholders, who always encourage us to do our best, and all our employees who carry our bank from success to success.”

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