CTG Bank has announced an explanation regarding the profit fluctuations in the 2024 audited financial statements. Due to the impact of several external and internal factors, the bank’s profits have changed significantly compared to the previous year. Specifically, increased operating costs and credit risk provisions are the main reasons for the profit decline. In response to this situation, CTG has implemented measures to cut costs and optimize operational processes to improve financial performance in the near future. The bank also emphasizes sustainable development solutions, in addition to strengthening financial capacity and risk management. Additionally, expanding digital banking services is seen as a key strategy to increase revenues from new income sources.
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