Net profit of the banking sector reached TL 4.56 billion ($1.59 billion) with a 32 percent increase during the January-February period compared to the previous year, according to the Banking Regulation and Supervision Agency (BDDK) announcement of the February scorecards of the banks. The sector's credit growth reached TL 1.51 trillion, increasing 17 percent in February compared to the previous year.During the same period, while gross non-performing loans of the banks reached TL 51 billion with a 33.5 percent increase, the ratio of non-performing loans to cash loans increased to 3.26 percent compared to 2.88 percent in February 2015.The active growth of the sector reached TL 2.42 trillion in total, increasing nearly 17 percent at the end of February. The banking sector maintained a capital adequacy ratio (CAR) of 15.38 percent during the same period.