So far in 2019, we have maintained our sustainable and profitable growth target. In light of this target, we kept growing in quality loans while our efforts to create a more granular deposit portfolio gained momentum.
Having the vision of introducing participation banking to all individuals and companies, we continued to focus on retail banking. We launched innovative retail products and enhanced our digital applications improving our customer experience further. Our ongoing branch expansion is also another reflection of our commitment.
Our shareholders' equity amounted to TL 4.7 billion and capital adequacy ratio stood strong at 17.7% level. Beyond the figures, we always appreciate our main shareholder National Commercial Bank’s ongoing trust and support to TFKB.
I would like to express my gratitude to all of our stakeholders who have stood with us as we are shaping our future.
Saeed Mohammed A. ALGHAMDI
Chairman of the Board of Directors