10 May 2006 -

Report Summary

Slightly lower than our expectation of YTL 60 mn, Yapi Kredi Bank disclosed YTL 55.8 mn (US$ 42.1 mn) net profit on its 1Q 2006 BRSA bank only financials. Having cleaned up almost all of the doubtful assets, YKB did not record any additional provision in 1Q06.

Please click here to display report.