Akbank’s 2023 balance sheet did not live up to expectations

Akbank

Akbank announced its balance sheet for 2023.

The bank increased its net profit by 11 percent compared to the previous year. Akbank’s performance remained below inflation.

The bank increased its net profit from 60 billion last year to 66 billion 496 billion. While the bank’s interest income increased by 76 percent, interest expenses increased by 209 percent.

Akbank increased its net fee and commission revenues in 2023 as it does every year. The bank’s increase in this item was 188 percent

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