By anas on Tuesday, 11 November 2014
Category: Muslim Businesses Blog

Turkey's Bank Asya says loans provisions caused third quarter loss

ISTANBUL, Nov 11 (Reuters) - Bank Asya&aposs net loss in the third quarter was due to higher loan provisions as it sought to increase its asset quality, and the Islamic lender&aposs operations are continuing "healthily," the Turkish bank said in a statement on Tuesday.Bank Asya fell to a 301 million lira ($133 million) net loss in the third quarter from a 60 million lira profit a year earlier as i
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