Turkey's Denızbank 2009 Net Profıt Surges To Try531.7m
Turkey's Denizbank AS (DENIZ.IS) posted an unconsolidated net profit of 531.7 million Turkish lira ($342.5 million) in 2009, the Istanbul Stock Exchange's Web site showed Wednesday.
The bank's net profit was TRY278.090 million in 2008.
According to the Web site, the increase in net profit stemmed mainly from a rise in net interest incomes to TRY1.8 billion in 2009 from TRY1.2 billion a year earlier. The bank's deposits increased to TRY15.091 billion from TRY12.2 billion.
Denizbank is a subsidiary of Franco-Belgian financial services group Dexia SA (DEX.BT).
(YC-YC-E-ENG)