Q1 2026 Turkiye Is Bankasi AS Earnings Call Transcript
Ladies and gentlemen, welcome to Isbank first-quarter 2026 financial results audio webcast.
Today, our presenters shall be Ms. Ebru Ozsuca, Deputy Chief Executive; Mr. Mehmet Turk, CFO; Ms. Nilgun Osman, Head of IR and Sustainability.
(Operator Instructions)
Now, I hand over to our presenters.
Good evening. Welcome to our first-quarter earnings presentation. This is Ebru speaking. We appreciate you joining us today. Before we go into the details, I want to provide a high-level summary of the macroenvironment and our performance during the period. In March and April, after the rise in geopolitical uncertainties and higher energy prices, year-end inflation and GDP growth expectations have slightly shifted.
On the other hand, the monthly inflation in March became the lowest March figure recorded in the last five years, partly due to the support of the sliding scale system in easing the upward impact on energy prices. However, inflation in April, as announced
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