Wednesday, November 14, 2012

Is Bank's Net Profit More Than Doubles | Fox Business

Is Bank's Net Profit More Than Doubles

Published November 14, 2012

Dow Jones Newswires
Turkey's Is Bank's (ISCTR.IS) third-quarter net profit more than doubled, reflecting an increase in net interest income and commissions, according to a statement from the Istanbul Stock Exchange Wednesday.

MAIN FACTS:

-Net profit rose to 685.2 million Turkish lira ($380 million) from TRY327.4 million in the same period a year earlier.

-The result was above the average TRY578.3 million forecast of five analysts polled earlier by Dow Jones Newswires.

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