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Turkiye Halk Bankasi AS (IST:HALKB) Cost of Goods Sold : ₺ Mil (TTM As of Sep. 2024)


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What is Turkiye Halk Bankasi AS Cost of Goods Sold?

Cost of Goods Sold does not apply to banks and insurance companies.


Turkiye Halk Bankasi AS Business Description

Traded in Other Exchanges
N/A
Address
Barbaros Mahallesi, Sebboy Sokak No 4/1 34746, Atasehir, Istanbul, TUR, 34746
Turkiye Halk Bankasi AS is a bank operating in Turkey. The bank's controlling shareholder is the Privatization Administration of Turkey, a government agency. Halkbank's strategic focus since its founding is customer service and small to midsize enterprise banking, with a significant portion of its total loan portfolio dedicated to this segment. Halkbank specifically offers loans and products tailored for SMEs. Net interest income constitutes a majority of the bank's net revenue, of which its SME segment is the majority contributor. A significant portion of its nonperforming loans come from the manufacturing industry.