Emlak Katılım continues to contribute to the Turkish economy, support sustainable investments, and support its customers with new products and financing packages. Emlak Katılım, which continues its efforts to offer sustainable and accessible financing models to sectors that have a high contribution to economic growth and employment, announced its financial results for the third quarter of 2024.
Emlak Katılım As of the 3rd quarter of the year; It increased its asset size by 45.5 percent to 220 Billion TL compared to the same period of the previous year, and its collected funds by 40 percent to 165.5 Billion TL. The total cash and non-cash financing provided by Emlak Katılım to our country’s economy as of the 3rd quarter of 2024 was 136 Billion TL. The growth of funds provided was 91 percent.
Emlak Katılım completed its return on equity at 68 percent as a result of its stable operational activities. Emlak Katılım, which continued its course below the sector average with a 0.79 percent realization in the NPL ratio, achieved a successful result in non-performing receivable management in the third quarter of 2024. The capital adequacy ratio was at 19.88. Emlak Katılım continued its steady growth by making a net profit of 6.7 Billion TL, an increase of 60 percent compared to the same period of the previous year, with its contributions to the real sector.
Emlak Katılım General Manager Onur Gök said, “As Emlak Katılım, we continued our support to the national economy in this quarter. In order to respond to the changing needs of our customers in the fastest and most accurate way and to increase efficiency, we attach importance to our digital investments as well as branching. As one of Turkey’s important participation financial institutions; “We will continue to support our value-added businesses, SMEs, farmers, tradesmen, industrialists and entrepreneurs,” he said.
