Turkey's participation banks posted 387.3 million USD of net profit in the first nine months of 2010, the Participation Banks Association of Turkey said on Monday.
An association statement said the net profit of participation banks of Turkey was up 13 percent in the mentioned period over the same period of 2009, and reached 557.6 million Turkish liras-TL (387.3 million USD).
The funds collected at participation banks were up 13 percent and reached 30.4 billion TL (21.1 billion USD).
The total assets of the banks rose 17 percent to 39.5 billion TL (27.4 billion USD) in the first nine months of 2010 over the same period of 2009.
The number of participation bank branches was up 6 percent to 595 and the banks employed 12,404 people in the mentioned period.
The Participation Banks Association of Turkey has currently four members, including Albaraka Turk, Bank Asya, Kuveyt Turk, and Turkiye Finans. The head office of the association is in Istanbul.
Greek minister's anti-Turkey remarks 'lack manners, cognition and responsibility,' says Turkish Defense Ministry
Vehicle bomb detonated in front of a gendarmerie station
An arrest warrant for the four was also withdrawn, Gulden Sonmez, a lawyer for the victims, wrote on Twitter after a closed door hearing in Istanbul.
Foreign Minister Mevlut Cavusoglu says some nations still 'indifferent in standing up for others' rights'
Peoples’ Democratic Party's Imam Tascier is accused of spreading terror propaganda for protesting curfew in eastern Turkey
Recep Tayyip Erdogan to meet his Kazakh counterpart during visit starting Sunday
Cavusoglu tells OSCE meeting that FETO is active in 170 countries
Presidential spokesman Kalin says Operation Euphrates Shield continues with determination according to plan
Total number of Syrian refugees living in Turkey amounts to almost 2.8 million as of Dec. 1
Numan Kurtulmus calls treatment of Turkish parliament Deputy Speaker Ayse Nur Bahcekapili at Cologne airport 'unacceptable'
Foreign minister says all the alleged Turkish coup plotter soldiers in Greece should be extradited to Turkey
Governments understand each other better than ever before on Syrian issue, Yıldırım tells Russian news agency
Suspects include 3 public officials, security sources say
Istanbul police head operation to arrest almost 60 FETO suspects across 16 Turkish provinces
Turkish parliament's deputy speaker delayed in row over travel documents at Cologne airport this week
'We can say a new era in our relations has started,' Yildirim says during first visit to Moscow as premier