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Türkiye Garanti Bankası A.Ş. announced its financial statements based on IFRS guidelines dated March 31, 2012. In 1Q2012, Garanti's total assets reached USD 92.9 billion, loans to customer totaled USD 52.9 billion. The Bank posted a net profit of USD 552 million and delivered an ROAE (Return on Average Equity) of 21% and ROAA (Return on Average Assets) of 2.4%.