Industrial Dev Bank of Turkey stock fell 1.71 percent on October 7
Published on 10/08/2026 at 02:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSIndustrial Dev Bank of Turkey (ISIN TRATSKBW91N0) fell 1.71 percent on Borsa Istanbul on October 7, 2026. The move came as the bank added a EUR 100 million financing agreement to its funding backdrop, while first-half net profit was TRY 5.913 billion.
EUR 100 million supports lending
On October 2, 2026, the Council of Europe Development Bank approved a EUR 100 million loan for Türkiye's Industrial Development Bank, known as TSKB. According to CEB, the financing will support investment, working capital and job creation in around 100 enterprises, with at least 50 percent directed to businesses in earthquake-affected provinces.
The financing is therefore tied to targeted corporate lending rather than a general capital injection. For investors, the key operating question is whether the new funds can expand loan growth while preserving asset quality.
Profit falls as interest income rises
TSKB's first-half 2026 results show a mixed earnings picture. According to Quartr, net profit declined 9.4 percent from the same period of 2025 to TRY 5.913 billion, while net interest income increased 8 percent year over year to TRY 8.541 billion.
The bank reported total assets of TRY 379.2 billion, up 13 percent from year-end 2025, and loans of TRY 275.6 billion, up 15 percent. Return on equity reached 24 percent in the first half, compared with management guidance of 25 percent for the full year.
Stock remains below yearly high
TSKB was last at TRY 9.80 on Borsa Istanbul on October 7, 2026, after a prior close of TRY 9.97. The session range was TRY 9.73 to TRY 9.99, while the 52-week range extended from TRY 9.62 to TRY 14.52.
Market capitalization stood at TRY 27.4 billion on October 7, 2026. The next reported checkpoint is scheduled for October 28, 2026, when TSKB is listed for third-quarter results by Quartr.
Industrial Dev Bank of Turkey stock facts
- Company: Industrial Dev Bank of Turkey A.S.
- ISIN: TRATSKBW91N0
- Ticker: TSKB
- Trading venue: Borsa Istanbul
- Price (as of October 7, 2026): TRY 9.80
- Market capitalization: TRY 27.4 billion (as of October 7, 2026)
- 52-week range: TRY 9.62-14.52 (as of October 7, 2026)
- Sector / Industry: Banks
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