Q3 2024 Turkiye Is Bankasi AS Earnings Call Transcript
Ladies and gentlemen, welcome to Isbank bank third quarter 2024 financial results audio webcast. Today, our presenters will be Ms. Izlem Erdem, CFO; Ms. Nilgun Yosef Osman, Head of IR and Sustainability.
As always, the presentation will be followed by a Q&A session. If you wish to ask a question, please raise your hand or type in the Q&A area. Now I hand over to Izlem .
Thank you.
Welcome to our earnings presentation for the third quarter. This is Izlem speaking.
Thank you all for joining us. Please let me start with a short summary of [macro art].
In the third quarter of 2024 the lacked impacts of tight monetary policy were more effective on industrial production. While services sector displayed a relatively resilient outlook in general.
Besides the increasing volatility in the global markets in August, the inertia in the services prices continues to be the main issue as there is still backward indexation.
Thus, the underlying trend of
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