Evaluating the financial performance of Akbank in the first nine months of 2024, CEO Kaan Gür stated, “The ongoing decline in the inflation trend and the start of interest rate cuts in developed countries have eased global financial conditions, though uncertainties regarding geopolitical risks and the pace of interest rate cuts remain. In Turkey, the positive effects of the steps taken towards macroeconomic rebalancing are becoming increasingly apparent, and the groundwork is about to be laid for the initiation of interest rate cuts. Akbank and the banking sector, having successfully maintained their strong structures throughout this process and continued to provide resources to the economy and the real sector, will keep supporting the Turkish economy in the coming period.”
“We provided loans of TL 1 trillion 591 billion to the economy in the first nine months of 2024”
Gür continued, “In the first nine months of 2024, the loan support we provided to the economy increased to a total of TL 1 trillion 591 billion with TL 1 trillion 292 billion in cash loans. Our deposits reached TL 1 trillion 575 billion, while our assets reached TL 2 trillion 404 billion. With our strong capital adequacy ratio of 19.6%, we continued to support the growth and development of the real sector. In the first nine months of the year, Akbank reported a consolidated net profit of TL 33 billion 135 million, after TL 6 billion 784 million tax provisions. I would like to thank my colleagues for their successful performance and all our stakeholders, especially our customers, for the trust they place in us."