Golden Global Achieves 15.1 Billion TL in Total Assets

In the first nine months of 2024, Golden Global Investment Bank (IS:GLYHO) increased its total assets by 56% compared to the same period in 2023, reaching 15.1 billion TL, representing a 23% increase compared to the end of 2023. The bank provided a total financing support of 11.3 billion TL to the economy.

Golden Global Investment Bank continues to sustain its steady growth by creating added value in local and international markets through effective balance sheet management, customer-specific solutions, and a sustainable business strategy. The bank made a significant mark in investment banking with its interest-free financial products and services, achieving a net profit of 503 million TL in the first nine months of 2024. During the same period, the bank's total assets reached 15.1 billion TL.

With 11.3 billion TL financing support, Golden Global Investment Bank contributes to the economy. General Manager Yavuz Yeter stated that the bank continues to add value to its stakeholders based on its dynamic structure that quickly responds to the changing environment, healthy financial management, and business strategy. He emphasized that the growth momentum achieved in 2023 has been successfully maintained in the first nine months of 2024.

Yeter stated, “We have continued to successfully implement our stable and sustainable growth strategy. Thanks to effective balance sheet management and customized financial solutions, we achieved a net profit of 503 million TL in the first nine months of 2024. By increasing our total contribution to the economy by 65% compared to the end of the previous year, we reached 11.3 billion TL. In this context, our cash financing support showed a 73% increase to 6.5 billion TL compared to the end of last year, while our non-cash financing support recorded a 55% increase to 4.8 billion TL. In addition to these current numerical results, we will continue to focus on IT investments, product development, and international collaborations to support our bank's growth in the upcoming period,” he said.

Investment in the future through a sustainable growth strategy. The issuance of lease certificates by Golden Global Investment Bank showed an increase during the first nine months of the year, with a noted deepening of investor diversity. During the same period, the bank's treasury product range and trading volume also continued to grow.

Yavuz Yeter expressed that the customer-focused service approach, effective cost and balance sheet management, and strong strategic objectives are behind this successful performance, stating, “We will continue to contribute to both our stakeholders and the economy in line with our sustainable growth strategy. We thank all our employees who contributed to this success and our stakeholders who trust us.”