Türkiye’s leading participation finance institution, Kuveyt Türk, announced its consolidated financial results for the first quarter of 2026. The bank’s fund disbursements increased by 49% compared to the same period of the previous year, reaching TRY 755 billion, while its consolidated total assets rose to TRY 1.59 trillion. Kuveyt Türk recorded a consolidated net profit of TRY 15.5 billion, representing a 32% increase compared to the same period of 2025, while its shareholders’ equity reached TRY 150 billion.
Providing services through innovative products and services developed in line with participation finance principles, Kuveyt Türk’s total funding base (collected funds and non-deposit resources) increased to TRY 1.22 trillion. While maintaining its strong position in the banking sector in terms of total assets, Kuveyt Türk also continued its leading role among participation finance institutions.
“We Maintain Our Focus on Sustainable Growth”
Commenting on the financial results for the first quarter of 2026, Ufuk Uyan, General Manager of Kuveyt Türk, stated: “In the first quarter of 2026, amid ongoing global uncertainties and macroeconomic fluctuations, we maintained our balanced and sustainable growth approach. While preserving a balance sheet structure that supports the real economy in line with participation finance principles, we continued contributing to the economy particularly through our financing focused on production, exports, and SMEs.
Thanks to our investments in digitalization and our efforts focused on simplifying processes, we strengthened the customer experience, while the integrated service structure we provide together with our subsidiaries positively contributed to our financial performance. In the upcoming period, we aim to continue our growth on a solid foundation through our strong capital structure, high asset quality, and prudent risk management approach. With the value proposition offered by the participation finance model, we will continue to be a reliable and solution-oriented business partner for our customers.”
As of the First Quarter of 2026, Kuveyt Türk
- Fund disbursement growth in the first quarter of 2026 increased by 49% compared to the same period of the previous year.
- The non-performing loan ratio stood at 2.65%.
- The total funding base reached TRY 1.22 trillion.
- Current accounts accounted for 63% of collected funds.
- Annualized average return on equity stood at 43%.
- The capital adequacy ratio, for which the legal minimum is 12%, was realized at 17.34%.
About Kuveyt Türk
Kuveyt Türk was established in 1989. Bringing its distinguished financial products and services together effectively with savers and investors, Kuveyt Türk continues to maintain its leading position in the sector through its customer-oriented approach, technology and innovation initiatives, and the steps it has taken toward digital transformation. As the first participation finance institution to enter the field of gold banking, Kuveyt Türk also carried out the first sustainable sukuk transaction both in Türkiye and globally. Having been awarded Türkiye’s Best Employer title for six consecutive years, Kuveyt Türk was also selected as Europe’s Best Employer in 2021. As of today, Kuveyt Türk serves its customers through 451 branches across Türkiye and digital channels. Under the umbrella of the Kuveyt Türk Finance Group, which is centered around Kuveyt Türk, are Neova Katılım Sigorta, Architecht, Kuveyt Türk Portföy, Kuveyt Türk Yatırım, Körfez GYO, Katılım Emeklilik, Sağlam Ödeme ve Elektronik Para Hizmetleri, KT Sağlam Gayrimenkul, and KT Bank AG in Germany. In addition to its operational activities, Kuveyt Türk has carried out significant social responsibility projects based on social values and the preservation of cultural heritage. In line with its “We Grow with Our Values” approach, the institution has undertaken numerous restoration projects, supported humanitarian aid campaigns, and produced lasting works such as books and documentaries.