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BANK-ASYA/RESULTS
RTR424T6
August 12, 2014
A man uses an ATM machine of Bank Asya in Istanbul August 12, 2014. Turkish Islamic lender Bank Asya...
Istanbul, Turkey
A man uses an ATM machine of Bank Asya in Istanbul
A man uses an ATM machine of Bank Asya in Istanbul August 12, 2014. Turkish Islamic lender Bank Asya said its second-quarter net profit fell 81 percent to 10.6 million lira ($4.9 million) as its deposit base shrank and lending wilted under pressure from the government. The lender has seen its profits and capital base collapse since December when it found itself at the centre of a power struggle between Prime Minister Tayyip Erdogan and his political foe Fethullah Gulen, an Islamic cleric whose sympathisers founded the bank. REUTERS/Osman Orsal (TURKEY - Tags: POLITICS BUSINESS)
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