The Central Bank has published its activity report for 2024: profit increased by almost 30%

The Central Bank presented its annual report for 2024, detailing financial results and changes in the structure of assets. According to the published data, the institution's net profit amounted to 6 billion 850 million 900 thousand Turkish liras. This figure is 29.5% higher than in 2023, indicating a significant improvement in financial performance and increased resilience of the banking system.

The document also states that the total volume of the Central Bank's assets by the end of 2024 increased by almost half, reaching 153.4497 billion liras. Thus, asset growth amounted to 42.9% compared to the previous year. Economists note that such growth demonstrates an expansion of the resource base and increased efficiency in the use of financial instruments.

Special attention in the report is given to the structure of assets. At the end of 2023, the share of cash, claims on other banks, and securities amounted to 95.7% of total assets. However, by the end of 2024, this share decreased to 93.2%. Experts explain that this reduction may be related to the diversification of the investment portfolio and the redistribution of funds to other directions, allowing the bank to reduce risks and increase profitability.

The management of the Central Bank emphasized that the positive trend in financial indicators is the result of a balanced monetary policy, stricter control over the banking sector, and timely response to economic challenges.

The published data show that the Central Bank has not only maintained stability amid external economic fluctuations but has also managed to significantly strengthen its position. According to analysts, the growth of profits and assets lays the foundation for further strengthening financial stability and expanding monetary policy instruments, which is expected to have a positive effect on the economy as a whole.