Enat Bank Expansion Bid Strains Profitability Due to Surging Costs

The Bank’s balance sheet strength was evident in its total assets, which rose to 27.2 billion Br, seeing a 19.2pc growth, fueled by a solid balance sheet expansion that signalled healthy market confidence. Deposits climbed by 17.7pc to 21 billion Br, a sign that depositors maintained confidence in the Bank’s capacity to safeguard their funds. However, deposits across the private banking spectrum climbed by 30pc.