March 29, 2017 / 11:15 AM / 4 months ago

Turkish banks' net profit rises 85 pct in Jan-Feb -regulatory data

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ISTANBUL, March 29 (Reuters) - Net profit at Turkish banks rose 85 percent in January-February from the same period a year earlier, data from Turkey's BDDK banking regulator showed on Wednesday.

Turkish lenders, which include Isbank, Garanti and Akbank, posted net profits of 8.45 billion lira ($2.32 billion), the data showed, compared with 4.56 billion lira a year earlier.

$1 = 3.6448 liras Reporting by Ebru Tuncay; Writing by David Dolan; Editing by Daren Butler

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