Our Bank’s Results for the Second Quarter of 2025

In our new journey launched in 2024, after rapidly completing the re-establishment of our bank with our strong and experienced team, we continue to expand our operations by ensuring that our exporters feel supported. Having started accepting customers in the last quarter of 2024, our bank reached its targeted operational scale as of the second quarter of 2025.

As of Q2 2025, our total assets increased from TRY 7.5 billion at the end of 2024 to TRY 28.4 billion, while our cash loan portfolio, primarily consisting of export credits, grew from TRY 2.4 billion to TRY 15.2 billion. During the same period, our non-cash loan volume rose from TRY 6.5 billion to TRY 18.6 billion.

By the second quarter of 2025, our shareholders’ equity reached TRY 6.3 billion following a capital increase, and total deposits collected grew from TRY 3.9 billion at the end of 2024 to TRY 20.6 billion.

Despite start-up period investments in branch expansion, IT infrastructure, and alternative distribution channels, including digital banking, the Bank achieved a six-month net profit of TRY 174 million as of Q2 2025. Detailed financial statements and our independent audit report are available via this link.