Türkiye Is Bankasi A.S. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 10, 2021 at 12:04 pm EDT
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Türkiye Is Bankasi A.S. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced net income was TRY 2,195.565 million compared to TRY 1,619.751 million a year ago. For the half year, net income was TRY 4,078.496 million compared to TRY 3,097.413 million a year ago.
Turkiye Is Bankasi AS is a Turkey-based banking institution. It operates under the following business segments: Corporate, Commercial, Retail and Private Banking, as well as Treasury/Investment Banking. Its Corporate and Commercial Banking segments provide services to large corporations, Small and Medium Enterprises (SMEs) and other trading companies, such as operating and investment loans, deposit and cash management, foreign trade transactions and financing, foreign currency trading and other banking services. Its Retail Banking services are comprised of individuals needs such as deposits, consumer loans, credit cards, foreign currency trading, insurance and other banking services. The Private Banking category is comprised of financial and cash management related services provided for individuals within the high-income segment. Treasury transactions are comprised of medium and long term funding tools. Its investments in associates and subsidiaries fall under Investment Banking.