Turkiye Halk Bankasi traded at 41.52 this Friday March 13th, decreasing 2.62 or 5.94 percent since the previous trading session. Looking back, over the last four weeks, Turkiye Halk Bankasi lost 14.18 percent. Over the last 12 months, its price rose by 88.56 percent. Looking ahead, we forecast Turkiye Halk Bankasi to be priced at 39.78 by the end of this quarter and at 34.97 in one year, according to Trading Economics global macro models projections and analysts expectations.
Turkiye Halk Bankasi AS is a Turkey-based commercial bank. The Bank’s operating areas include, commercial financing and corporate banking, fund management operations, retail banking and credit card operations. It operates under the following segments: corporate, commercial, integrated and treasury/investment banking. The Bank is rendering services to a range of companies in all sectors, especially to Small and Medium Size Enterprises (SME) as well as individuals. Its services include: accepting deposits; issuance of cash, noncash loans; reimbursements and cash receipt operations, including cash and deposit reimbursements, fund transfers, correspondent banking transactions and use of checking accounts; purchasing cheques and bank bills; performing custody services; issuing payment instruments, such as credit cards, cash cards and travel cheques, and performing related transactions, as well as acting as a portfolio management agency, among others.