Turkish banks’ combined net profit amounted to 169.4 billion Turkish Liras ($3.8 billion) in January-February, a 43 percent year-on-year increase, data from the banking regulators showed.
The total assets of the Turkish banking sector reached 48.8 trillion liras as of February, growing 4.1 percent compared to the end of 2025, the Banking Regulation and Supervision Agency (BDDK) said.
Loans, which constitute the largest component of assets, rose by 4.7 percent over the same period to 24.2 trillion liras, while the non-performing loans (NPL) ratio was 2.59 percent, up from 1.93 percent a year ago.
The banks’ securities portfolio increased by 1.1 percent compared to the end of 2025 to reach 7.09 trillion liras.
Deposits, representing the primary funding source of the banking sector, increased by 3.9 percent, reaching 28.3 trillion liras.
The total shareholders’ equity of the banking sector increased by 4.5 percent relative to year-end 2025, reaching 4.34 trillion liras, while the capital adequacy standard ratio across the banking industry stood at 16.8 percent.
As of February, 66 banks were operating in Türkiye with a total of 10,571 branches. The banking sector employed more than 210,000 people.