15th May 2008 10:13
13.05.2008
Isbank Increased its Net Profit 51% by the end of the First Quarter of 2008 with TRY 84 billion Asset Size
Isbank increased its net profit 51 % in the first quarter of 2008 compared to the same period of the previous year.
In a period, where risk aversion has dominated capital markets, Isbank managed to increase its total loans 14% by the end of the first quarter, 2008. Increase in FX loans reached a 32% on a TRY equivalent base, while the increase in TRY loans was 8%. Having reached TRY 38.9 billion, loans have continued increasing their share in the balance sheet reaching a ratio of 46%. In this period, 11% growth in TRY based commercial loans was higher than the growth in retail loans, which was 6%. On the other hand, NPL ratio improved to 3.8% from 4.2%.
While Isbank's total deposits grew by 6% compared to the year end 2007, share of TRY savings deposits in total deposits reached 38%. In the mood of continuing ambiguity in the international credit markets and with expectations regarding year end inflation, keeping cost of deposits under control had a positive impact on the bank's profitability performance. The operational efficiency increased as a result of relatively slow rise in operational expenses, while there was a remarkable recovery in operating income in the first quarter of 2008. At the end of the first quarter of 2008, the return on average shareholders' equity and return on average assets ratios were 22.4% and 2.7%, respectively.
Isbank, which distributed almost 35% of its net profit of the year 2007 as dividend to its shareholders, ended the first quarter of the year with a robust growth performance not compromising for its profitability and asset quality. Isbank, having managed keeping its profitability thanks to its liquid balance sheet and capital adequacy, will continue being the biggest supporter of either the real sector or consumers. The ongoing structural transformation program aims not only maintaining but also strengthening the operational efficiency in the increasing competitive environment.
|
TURKIYE IS BANKASI A.S. UNCONSOLIDATED BALANCE SHEET |
Footnote |
TRY THOUSAND |
||||||
|
CURRENT PERIOD |
PRIOR PERIOD |
|||||||
|
ASSETS |
(31/03/2008) |
(31/12/2007) |
||||||
|
TRY |
FC |
Total |
TRY |
FC |
Total |
|||
|
I. |
CASH AND BALANCES WITH THE CENTRAL BANK |
V-I-1 |
3,457,514 |
2,839,674 |
6,297,188 |
4,682,923 |
2,407,887 |
7,090,810 |
|
II. |
FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT AND LOSS (Net) |
V-I-2 |
421,593 |
170,064 |
591,657 |
940,581 |
51,336 |
991,917 |
|
2.1 |
Financial Assets Held for Trading |
281,851 |
13,706 |
295,557 |
574,772 |
21,372 |
596,144 |
|
|
2.1.1 |
Government Debt Securities |
278,057 |
3,717 |
281,774 |
571,091 |
12,694 |
583,785 |
|
|
2.1.2 |
Share Certificates |
75 |
0 |
75 |
65 |
0 |
65 |
|
|
2.1.3 |
Other Marketable Securities |
3,719 |
9,989 |
13,708 |
3,616 |
8,678 |
12,294 |
|
|
2.2 |
Financial Assets at Fair Value Through Profit and Loss |
0 |
0 |
0 |
0 |
0 |
0 |
|
|
2.2.1 |
Government Debt Securities |
0 |
0 |
0 |
0 |
0 |
0 |
|
|
2.2.2 |
Share Certificates |
0 |
0 |
0 |
0 |
0 |
0 |
|
|
2.2.3 |
Other Marketable Securities |
0 |
0 |
0 |
0 |
0 |
0 |
|
|
2.3 |
Derivative Financial Assets Held for Trading |
139,742 |
156,358 |
296,100 |
365,809 |
29,964 |
395,773 |
|
|
III. |
BANKS |
V-I-3 |
132,644 |
5,931,455 |
6,064,099 |
129,845 |
6,824,446 |
6,954,291 |
|
IV. |
MONEY MARKET PLACEMENTS |
|
0 |
0 |
0 |
0 |
0 |
0 |
|
4.1 |
Interbank Money Market Placements |
|
0 |
0 |
0 |
0 |
0 |
0 |
|
4.2 |
Istanbul Stock Exchange Money Market Placements |
|
0 |
0 |
0 |
0 |
0 |
0 |
|
4.3 |
Receivables from Reverse Repurchase Agreements |
|
0 |
0 |
0 |
0 |
0 |
0 |
|
V. |
FINANCIAL ASSETS AVAILABLE FOR SALE (Net) |
V-I-4 |
10,977,121 |
11,977,181 |
22,954,302 |
11,525,860 |
10,248,943 |
21,774,803 |
|
5.1 |
Share Certificates |
13,640 |
0 |
13,640 |
13,640 |
0 |
13,640 |
|
|
5.2 |
Government Debt Securities |
10,963,481 |
9,972,947 |
20,936,428 |
11,512,220 |
8,463,126 |
19,975,346 |
|
|
5.3 |
Other Marketable Securities |
0 |
2,004,234 |
2,004,234 |
0 |
1,785,817 |
1,785,817 |
|
|
VI. |
LOANS |
V-I-5 |
27,157,214 |
11,727,856 |
38,885,070 |
25,067,717 |
8,912,124 |
33,979,841 |
|
6.1 |
Loans |
|
27,157,214 |
11,727,856 |
38,885,070 |
25,067,717 |
8,912,124 |
33,979,841 |
|
6.1.1 |
Loans to the Bank's Risk Group |
|
55,780 |
608,146 |
663,926 |
86,428 |
444,223 |
530,651 |
|
6.1.2 |
Other |
|
27,101,434 |
11,119,710 |
38,221,144 |
24,981,289 |
8,467,901 |
33,449,190 |
|
6.2 |
Non-Performing Loans |
|
1,514,466 |
2,956 |
1,517,422 |
1,491,117 |
2,928 |
1,494,045 |
|
6.3 |
Specific Provisions (-) |
|
1,514,466 |
2,956 |
1,517,422 |
1,491,117 |
2,928 |
1,494,045 |
|
VII. |
FACTORING RECEIVABLES |
|
0 |
0 |
0 |
0 |
0 |
0 |
|
VIII. |
INVESTMENTS HELD TO MATURITY (Net) |
V-I-6 |
2,489,629 |
0 |
2,489,629 |
1,955,393 |
0 |
1,955,393 |
|
8.1 |
Government Debt Securities |
|
2,489,629 |
0 |
2,489,629 |
1,955,393 |
0 |
1,955,393 |
|
8.2 |
Other Marketable Securities |
|
0 |
0 |
0 |
0 |
0 |
0 |
|
IX. |
INVESTMENTS IN ASSOCIATES (Net) |
V-I-7 |
771,253 |
0 |
771,253 |
766,434 |
0 |
766,434 |
|
9.1 |
Associates Accounted for Using the Equity Method |
|
0 |
0 |
0 |
0 |
0 |
0 |
|
9.2 |
Unconsolidated Associates |
|
771,253 |
0 |
771,253 |
766,434 |
0 |
766,434 |
|
9.2.1 |
Financial Investments |
|
53,713 |
0 |
53,713 |
48,895 |
0 |
48,895 |
|
9.2.2 |
Non-Financial Investments |
|
717,540 |
0 |
717,540 |
717,539 |
0 |
717,539 |
|
X. |
INVESTMENTS IN SUBSIDIARIES (Net) |
V-I-8 |
2,871,105 |
41,742 |
2,912,847 |
4,008,584 |
41,742 |
4,050,326 |
|
10.1 |
Unconsolidated Financial Subsidiaries |
|
1,279,247 |
41,742 |
1,320,989 |
1,927,767 |
41,742 |
1,969,509 |
|
10.2 |
Unconsolidated Non-Financial Subsidiaries |
|
1,591,858 |
0 |
1,591,858 |
2,080,817 |
0 |
2,080,817 |
|
XI. |
JOINTLY CONTROLLED ENTITIES (JOINT VENTURES) (Net) |
V-I-9 |
0 |
0 |
0 |
0 |
0 |
0 |
|
11.1 |
Jointly Controlled Entities Accounted for Using the Equity Method |
|
0 |
0 |
0 |
0 |
0 |
0 |
|
11.2 |
Unconsolidated Jointly Controlled Entities |
|
0 |
0 |
0 |
0 |
0 |
0 |
|
11.2.1 |
Jointly Controlled Financial Entities |
|
0 |
0 |
0 |
0 |
0 |
0 |
|
11.2.2 |
Jointly Controlled Non-Financial Entities |
|
0 |
0 |
0 |
0 |
0 |
0 |
|
XII. |
LEASE RECEIVABLES |
V-I-10 |
0 |
0 |
0 |
0 |
0 |
0 |
|
12.1 |
Finance Lease Receivables |
|
0 |
0 |
0 |
0 |
0 |
0 |
|
12.2 |
Operating Lease Receivables |
|
0 |
0 |
0 |
0 |
0 |
0 |
|
12.3 |
Other |
|
0 |
0 |
0 |
0 |
0 |
0 |
|
12.4 |
Unearned Income ( - ) |
|
0 |
0 |
0 |
0 |
0 |
0 |
|
XIII. |
DERIVATIVE FINANCIAL ASSETS FOR HEDGING PURPOSES |
V-I-11 |
0 |
0 |
0 |
0 |
0 |
0 |
|
13.1 |
Fair Value Hedging |
|
0 |
0 |
0 |
0 |
0 |
0 |
|
13.2 |
Cash Flow Hedging |
|
0 |
0 |
0 |
0 |
0 |
0 |
|
13.3 |
Net Foreign Investment Hedging |
|
0 |
0 |
0 |
0 |
0 |
0 |
|
XIV. |
TANGIBLE ASSETS (Net) |
1,898,428 |
3,295 |
1,901,723 |
1,919,047 |
2,979 |
1,922,026 |
|
|
XV. |
INTANGIBLE ASSETS [Net] |
45,276 |
0 |
45,276 |
48,803 |
0 |
48,803 |
|
|
15.1 |
Goodwill |
|
0 |
0 |
0 |
0 |
0 |
0 |
|
15.2 |
Other |
|
45,276 |
0 |
45,276 |
48,803 |
0 |
48,803 |
|
XVI. |
INVESTMENT PROPERTY (Net) |
V-I-12 |
0 |
0 |
0 |
0 |
0 |
0 |
|
XVII. |
TAX ASSETS |
V-I-13 |
248,549 |
0 |
248,549 |
225,359 |
0 |
225,359 |
|
17.1 |
Current Tax Asset |
|
0 |
0 |
0 |
0 |
0 |
0 |
|
17.2 |
Deferred Tax Asset |
|
248,549 |
0 |
248,549 |
225,359 |
0 |
225,359 |
|
XVIII. |
ASSETS HELD FOR SALE AND DISCONTINUED OPERATIONS (Net) |
V-I-14 |
36,100 |
0 |
36,100 |
6,879 |
0 |
6,879 |
|
18.1 |
Held For Sale |
|
36,100 |
0 |
36,100 |
6,879 |
0 |
6,879 |
|
18.2 |
Discontinued Operations |
|
0 |
0 |
0 |
0 |
0 |
0 |
|
XIX. |
OTHER ASSETS |
V-I-15 |
552,001 |
210,371 |
762,372 |
257,762 |
156,273 |
414,035 |
|
|
TOTAL ASSETS |
51,058,427 |
32,901,638 |
83,960,065 |
51,535,187 |
28,645,730 |
80,180,917 |
|
|
TURKIYE IS BANKASI A.S. UNCONSOLIDATED BALANCE SHEET
|
Footnote |
TRY THOUSAND |
|||||||||||||||
|
CURRENT PERIOD |
PRIOR PERIOD |
||||||||||||||||
|
LIABILITIES |
(31/03/2008) |
(31/12/2007) |
|||||||||||||||
|
TRY |
FC |
Total |
TRY |
FC |
Total |
||||||||||||
|
I. |
DEPOSITS |
V-II-1 |
32,691,608 |
18,551,198 |
51,242,806 |
31,266,802 |
17,266,343 |
48,533,145 |
|||||||||
|
1.1 |
Deposits from the Bank's Risk Group |
954,834 |
492,722 |
1,447,556 |
886,351 |
497,551 |
1,383,902 |
||||||||||
|
1.2 |
Other |
31,736,774 |
18,058,476 |
49,795,250 |
30,380,451 |
16,768,792 |
47,149,243 |
||||||||||
|
II. |
DERIVATIVE FINANCIAL LIABILITIES HELD FOR TRADING |
V-II-2 |
268,526 |
205,822 |
474,348 |
2,519 |
196,809 |
199,328 |
|||||||||
|
III. |
FUNDS BORROWED |
V-II-3 |
3,102,337 |
7,636,535 |
10,738,872 |
3,054,913 |
6,907,969 |
9,962,882 |
|||||||||
|
IV. |
MONEY MARKET FUNDS |
2,377,507 |
3,380,062 |
5,757,569 |
2,906,900 |
2,895,658 |
5,802,558 |
||||||||||
|
4.1 |
Interbank Money Market Funds |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
4.2 |
Istanbul Stock Exchange Money Market Funds |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
4.3 |
Funds Provided Under Repurchase Agreements |
2,377,507 |
3,380,062 |
5,757,569 |
2,906,900 |
2,895,658 |
5,802,558 |
||||||||||
|
V. |
MARKETABLE SECURITIES ISSUED (Net) |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
5.1 |
Bills |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
5.2 |
Asset-backed Securities |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
5.3 |
Bonds |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
VI. |
FUNDS |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
6.1 |
Funds Borrowed |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
6.2 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
VII. |
SUNDRY CREDITORS |
2,096,927 |
44,042 |
2,140,969 |
1,321,202 |
161,135 |
1,482,337 |
||||||||||
|
VIII. |
OTHER LIABILITIES |
V-II-4 |
700,643 |
655,964 |
1,356,607 |
209,972 |
521,261 |
731,233 |
|||||||||
|
IX. |
FACTORING PAYABLES |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
X. |
LEASE PAYABLES (Net) |
V-II-5 |
622 |
72,494 |
73,116 |
833 |
70,872 |
71,705 |
|||||||||
|
10.1 |
Finance Lease Payables |
680 |
81,094 |
81,774 |
929 |
79,377 |
80,306 |
||||||||||
|
10.2 |
Operating Lease Payables |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
10.3 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
10.4 |
Deferred Finance Lease Expenses ( - ) |
58 |
8,600 |
8,658 |
96 |
8,505 |
8,601 |
||||||||||
|
XI. |
DERIVATIVE FINANCIAL LIABILITIES FOR HEDGING PURPOSES |
V-II-6 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
|
11.1 |
Fair Value Hedging |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
11.2 |
Cash Flow Hedging |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
11.3 |
Net Foreign Investment Hedging |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
XII. |
PROVISIONS |
V-II-7 |
2,592,720 |
89,596 |
2,682,316 |
2,481,203 |
87,693 |
2,568,896 |
|||||||||
|
12.1 |
General Loan Loss Provision |
348,685 |
413 |
349,098 |
296,308 |
367 |
296,675 |
||||||||||
|
12.2 |
Provision for Restructuring |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
12.3 |
Reserves for Employee Benefits |
146,823 |
0 |
146,823 |
138,786 |
0 |
138,786 |
||||||||||
|
12.4 |
Insurance Technical Reserves (Net) |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
12.5 |
Other Provisions |
2,097,212 |
89,183 |
2,186,395 |
2,046,109 |
87,326 |
2,133,435 |
||||||||||
|
XIII. |
TAX LIABILITY |
V-II-8 |
279,493 |
213 |
279,706 |
224,775 |
196 |
224,971 |
|||||||||
|
13.1 |
Current Tax Liability |
279,493 |
213 |
279,706 |
224,775 |
196 |
224,971 |
||||||||||
|
13.2 |
Deferred Tax Liability |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
XIV. |
PAYABLES RELATED TO ASSETS HELD FOR SALE AND DISCONTINUED OPERATIONS |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
14.1 |
Held For Sale |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
14.2 |
Discontinued Operations |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
XV. |
SUBORDINATED LOANS |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
XVI. |
SHAREHOLDERS' EQUITY |
V-II-9 |
9,225,378 |
-11,622 |
9,213,756 |
10,571,920 |
31,942 |
10,603,862 |
|||||||||
|
16.1 |
Paid-in Capital |
2,756,585 |
0 |
2,756,585 |
2,756,585 |
0 |
2,756,585 |
||||||||||
|
16.2 |
Capital Reserves |
2,046,655 |
-11,622 |
2,035,033 |
3,267,258 |
31,942 |
3,299,200 |
||||||||||
|
16.2.1 |
Share premium |
3,694 |
0 |
3,694 |
3,694 |
0 |
3,694 |
||||||||||
|
16.2.2 |
Share Cancellation Profits |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
16.2.3 |
Marketable Securities Revaluation Reserve |
65,470 |
-11,622 |
53,848 |
1,286,073 |
31,942 |
1,318,015 |
||||||||||
|
16.2.4 |
Tangible Assets Revaluation Reserve |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
16.2.5 |
Intangible Assets Revaluation Reserve |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
16.2.6 |
Investment Property Revaluation Reserve |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
16.2.7 |
Bonus Shares Obtained from Associates, Subsidiaries and Jointly Controlled Entities (Joint Ventures) |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
16.2.8 |
Hedging Funds (Effective Portion) |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
16.2.9 |
Accumulated Revaluation Reserves on Assets Held for Sale and Discontinued Operations |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
16.2.10 |
Other Capital Reserves |
1,977,491 |
0 |
1,977,491 |
1,977,491 |
0 |
1,977,491 |
||||||||||
|
16.3 |
Profit Reserves |
3,867,087 |
0 |
3,867,087 |
2,846,270 |
0 |
2,846,270 |
||||||||||
|
16.3.1 |
Legal Reserves |
1,154,745 |
0 |
1,154,745 |
1,012,375 |
0 |
1,012,375 |
||||||||||
|
16.3.2 |
Statutory Reserves |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
16.3.3 |
Extraordinary Reserves |
2,675,926 |
0 |
2,675,926 |
1,845,621 |
0 |
1,845,621 |
||||||||||
|
16.3.4 |
Other Profit Reserves |
36,416 |
0 |
36,416 |
-11,726 |
0 |
-11,726 |
||||||||||
|
16.4 |
Profit or Loss |
555,051 |
0 |
555,051 |
1,701,807 |
0 |
1,701,807 |
||||||||||
|
16.4.1 |
Prior Years' Profit/Loss |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
16.4.2 |
Current Year Profit/Loss |
555,051 |
0 |
555,051 |
1,701,807 |
0 |
1,701,807 |
||||||||||
|
|
TOTAL LIABILITIES AND EQUITY |
53,335,761 |
30,624,304 |
83,960,065 |
52,041,039 |
28,139,878 |
80,180,917 |
||||||||||
|
|
TURKIYE IS BANKASI A.S. |
Footnote |
TRY THOUSAND |
|
|
|
INCOME STATEMENT |
CURRENT PERIOD |
PRIOR PERIOD |
|
|
(01/01-31/03/2008) |
(01/01-31/03/2007) |
|||
|
|
|
|
|
|
|
I. |
INTEREST INCOME |
V-IV-1 |
2,436,744 |
2,274,085 |
|
1.1 |
Interest Income on Loans |
1,444,557 |
1,243,032 |
|
|
1.2 |
Interest Received from Reserve Deposits |
70,566 |
67,420 |
|
|
1.3 |
Interest Received from Banks |
76,841 |
64,322 |
|
|
1.4 |
Interest Received from Money Market Placements |
593 |
2,188 |
|
|
1.5 |
Interest Received from Marketable Securities Portfolio |
830,541 |
862,643 |
|
|
1.5.1 |
Financial Assets Held for Trading |
10,103 |
15,007 |
|
|
1.5.2 |
Financial Assets at Fair Value Through Profit and Loss |
0 |
0 |
|
|
1.5.3 |
Financial Assets Available for- Sale |
717,596 |
847,636 |
|
|
1.5.4 |
Investments Held to Maturity |
102,842 |
0 |
|
|
1.6 |
Finance Lease Income |
0 |
0 |
|
|
1.7 |
Other Interest Income |
13,646 |
34,480 |
|
|
II. |
INTEREST EXPENSE |
V-IV-2 |
1,513,346 |
1,572,847 |
|
2.1 |
Interest on Deposits |
1,164,991 |
1,224,932 |
|
|
2.2 |
Interest on Funds Borrowed |
208,982 |
219,635 |
|
|
2.3 |
Interest on Money Market Funds |
130,333 |
125,108 |
|
|
2.4 |
Interest on Securities Issued |
0 |
0 |
|
|
2.5 |
Other Interest Expense |
9,040 |
3,172 |
|
|
III. |
NET INTEREST INCOME / EXPENSE (I - II) |
923,398 |
701,238 |
|
|
IV. |
NET FEES AND COMMISSIONS INCOME / EXPENSE |
286,102 |
244,278 |
|
|
4.1 |
Fees and Commissions Received |
312,731 |
268,337 |
|
|
4.1.1 |
Non-cash Loans |
19,507 |
20,610 |
|
|
4.1.2 |
Other |
293,224 |
247,727 |
|
|
4.2 |
Fees and Commissions Paid |
26,629 |
24,059 |
|
|
4.2.1 |
Non-cash Loans |
11 |
7 |
|
|
4.2.2 |
Other |
26,618 |
24,052 |
|
|
V. |
DIVIDEND INCOME |
41,061 |
21,194 |
|
|
VI. |
TRADING INCOME (NET) |
V-IV-3 |
94,736 |
80,752 |
|
6.1 |
Gains/Losses on Securities Trading |
-331,787 |
112,792 |
|
|
6.2 |
Foreign Exchange Gains/Losses |
426,523 |
-32,040 |
|
|
VII. |
OTHER OPERATING INCOME |
V-IV-4 |
292,869 |
128,388 |
|
VIII. |
TOTAL OPERATING INCOME / EXPENSE (III+IV+V+VI+VII) |
1,638,166 |
1,175,850 |
|
|
IX. |
PROVISION FOR LOANS AND OTHER RECEIVABLES (-) |
V-IV-5 |
348,025 |
249,264 |
|
X. |
OTHER OPERATING EXPENSES (-) |
V-IV-6 |
590,234 |
481,952 |
|
XI. |
NET OPERATING INCOME (VIII-IX-X) |
699,907 |
444,634 |
|
|
XII. |
AMOUNT IN EXCESS RECORDED AS GAIN AFTER MERGER |
0 |
0 |
|
|
XIII. |
PROFIT/LOSS FROM ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD |
0 |
0 |
|
|
XIV. |
NET MONETARY POSITION GAIN/LOSS |
0 |
0 |
|
|
XV. |
PROFIT/LOSS ON CONTINUING OPERATIONS BEFORE TAX (XI+…+XIV) |
699,907 |
444,634 |
|
|
XVI. |
TAX PROVISION FOR CONTINUING OPERATIONS (±) |
V-IV-7 |
144,856 |
77,252 |
|
16.1 |
Current Tax Provision |
131,598 |
92,040 |
|
|
16.2 |
Deferred Tax Provision |
13,258 |
-14,788 |
|
|
XVII. |
NET PERIOD PROFIT/LOSS FROM CONTINUING OPERATIONS (XV±XVI) |
555,051 |
367,382 |
|
|
XVIII. |
INCOME ON DISCONTINUED OPERATIONS |
0 |
0 |
|
|
18.1 |
Income on Assets Held For Sale |
0 |
0 |
|
|
18.2 |
Gain on Sale of Associates, Subsidiaries and Jointly Controlled Entities (Joint Ventures) |
0 |
0 |
|
|
18.3 |
Other Income on Discontinued Operations |
0 |
0 |
|
|
XIX. |
EXPENSE ON DISCONTINUED OPERATIONS (-) |
0 |
0 |
|
|
19.1 |
Expense on Assets Held For Sale |
0 |
0 |
|
|
19.2 |
Loss on Sale of Associates, Subsidiaries and Jointly Controlled Entities (Joint Ventures) |
0 |
0 |
|
|
19.3 |
Other Expense on Discontinued Operations |
0 |
0 |
|
|
XX. |
PROFIT/LOSS ON DISCONTINUED OPERATIONS BEFORE TAX (XVII-XIX) |
0 |
0 |
|
|
XXI. |
TAX PROVISION FOR DISCONTINUED OPERATIONS (±) |
0 |
0 |
|
|
21.1 |
Current Tax Provision |
0 |
0 |
|
|
21.2 |
Deferred Tax Provision |
0 |
0 |
|
|
XXII. |
NET PERIOD PROFIT/LOSS FROM DISCONTINUED OPERATIONS (XX±XXI) |
0 |
0 |
|
|
XXIII. |
NET PERIOD PROFIT/LOSS (XVII+XXII) |
V-IV-8 |
555,051 |
367,382 |
|
|
Earnings Per Share (in full TRY) |
0.00805392 |
0.005330799 |
|
CAPITAL ADEQUACY STANDARD RATIO
The Bank's capital adequacy ratio is 17.20 %,
The capital adequacy standard ratio is calculated by risk weighting of risk-weighted assets and non-cash loans in accordance with the relevant legislation, and by adding to the risk-weighted assets the value subject to risk determined by use of the Standard Method,
Information related to capital adequacy ratio:
|
Risk Weights |
|||||||
|
Bank Only |
|||||||
|
0% |
10% |
20% |
50% |
100% |
150% |
200% |
|
|
Amount Subject to Credit Risk |
|||||||
|
Balance Sheet Items (Net) |
10,680,036 |
0 |
5,884,823 |
15,727,209 |
28,373,445 |
144,586 |
941 |
|
Cash |
426,558 |
0 |
454 |
0 |
0 |
0 |
0 |
|
Securities in Redemption |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|
Balances with the Central Bank of Turkey |
3,830,613 |
0 |
0 |
0 |
0 |
0 |
0 |
|
Balances with Domestic and Foreign Banks, Foreign Head Offices and Branches |
0 |
0 |
5,746,487 |
0 |
255,396 |
0 |
0 |
|
Interbank Money Market Placements |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|
Receivables from Reverse Repo Transactions |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|
Reserve Deposits |
1,968,916 |
0 |
0 |
0 |
0 |
0 |
0 |
|
Loans |
1,201,237 |
0 |
36 |
15,356,959 |
21,051,105 |
144,586 |
941 |
|
Non-performing Loans (Net) |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|
Lease Receivables |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|
Financial Assets Available for Sale |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|
Investments Held to Maturity |
2,365,178 |
0 |
0 |
0 |
0 |
0 |
0 |
|
Receivables From Installment Sale of Assets |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|
Sundry Debtors |
6 |
0 |
0 |
0 |
389,849 |
0 |
0 |
|
Interest and Income Accruals |
216,628 |
0 |
137,846 |
370,250 |
762,474 |
0 |
0 |
|
Investments in Associates, Subsidiaries and Jointly-Controlled Entities (Net) |
0 |
0 |
0 |
0 |
3,683,838 |
0 |
0 |
|
Tangible Assets |
0 |
0 |
0 |
0 |
1,937,823 |
0 |
0 |
|
Other Assets |
670,900 |
0 |
0 |
0 |
292,960 |
0 |
0 |
|
Off Balance Sheet Items |
59,086 |
0 |
624,464 |
807,665 |
8,040,487 |
0 |
0 |
|
Non-cash Loans and Commitments |
59,086 |
0 |
41,793 |
807,665 |
8,034,053 |
0 |
0 |
|
Derivative Financial Instruments |
0 |
0 |
582,671 |
0 |
6,434 |
0 |
0 |
|
Non- Risk-Weighted Accounts |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|
Total Risk Weighted Assets |
10,739,122 |
0 |
6,509,287 |
16,534,874 |
36,413,932 |
144,586 |
941 |
Summary information about the bank only capital adequacy ratio:
|
Current Period |
Prior Period |
||||
|
Amount Subject to Credit Risk (ASCR) |
46,201,987 |
42,627,319 |
|||
|
Amount Subject to Market Risk (ASMR) |
5,519,600 |
3,726,425 |
|||
|
Amount Subject to Operational Risk (ASOR) |
7,699,174 |
6,408,553 |
|||
|
Shareholders' Equity |
10,222,199 |
10,834,242 |
|||
|
Shareholders' Equity /(ASCR+ASMR+ASOR)*100 |
17.20 |
20.53 |
ASCR: Amount Subject to Credit Risk
ASMR:Amount Subject to Market Risk
ASOR: Amount Subject to Operational Risk
Information about the shareholders' equity items:
|
Current Period (31.03.2008) |
Prior Period (31.12.2007) |
||||
|
CORE CAPITAL (TIER I) |
|||||
|
Paid-In Capital |
2,756,585 |
2,756,585 |
|||
|
Nominal Capital |
2,756,585 |
2,756,585 |
|||
|
Capital Commitments (-) |
0 |
0 |
|||
|
Paid-in Capital Inflation Adjustments |
1,977,491 |
1,977,491 |
|||
|
Share Premium |
3,694 |
3,694 |
|||
|
Share Cancellation Profits |
0 |
0 |
|||
|
Legal Reserves |
1,154,745 |
1,012,375 |
|||
|
I. Legal Reserve (Turkish Commercial Code 466/1) |
1,017,480 |
934,240 |
|||
|
II. Legal Reserve (Turkish Commercial Code 466/2) |
137,265 |
78,135 |
|||
|
Other Legal Reserve Per Special Legislation |
0 |
0 |
|||
|
Statutory Reserves |
0 |
0 |
|||
|
Other Profit Reserves |
36,416 |
-11,726 |
|||
|
Extraordinary Reserves |
2,675,926 |
1,845,621 |
|||
|
Reserves Allocated by the General Assembly |
2,635,967 |
1,842,682 |
|||
|
Retained Earnings |
39,959 |
2,939 |
|||
|
Accumulated Loss |
0 |
0 |
|||
|
Foreign Currency Share Capital Exchange Difference |
0 |
0 |
|||
|
Legal, Statutory and Extraordinary Reserves Inflation Adjustments |
0 |
0 |
|||
|
Profit |
555,051 |
1,701,807 |
|||
|
Current Period Profit |
555,051 |
1,701,807 |
|||
|
Prior Periods' Profit |
0 |
0 |
|||
|
Provision for Possible Losses (up to 25% of the Core Capital) |
806,000 |
770,000 |
|||
|
Gain on Sale of Associates ,Subsidiaries and Real Estates |
0 |
0 |
|||
|
Primary Subordinated Loans (up to 15% of the Core Capital) |
0 |
0 |
|||
|
Losses Excess of Reserves (-) |
0 |
0 |
|||
|
Current Period Loss |
0 |
0 |
|||
|
Prior Periods' Loss |
0 |
0 |
|||
|
Leasehold Improvements (-) |
0 |
26,158 |
|||
|
Prepaid Expenses (-) |
36,415 |
36,164 |
|||
|
Intangible Assets (-) |
45,276 |
48,803 |
|||
|
Deferred Tax Asset excess of 10% of the Core Capital (-) |
0 |
0 |
|||
|
Limit Excesses as per Paragraph 3 of Article 56 of the Banking Law (-) |
0 |
0 |
|||
|
Total Core Capital (*) |
9,965,908 |
10,055,847 |
|||
|
SUPPLEMENTARY CAPITAL (TIER II) |
|
|
|||
|
General Loan Loss Provision |
349,098 |
296,675 |
|||
|
45% of Movables' Revaluation Reserve |
0 |
0 |
|||
|
45% of Immovables' Revaluation Reserve |
0 |
0 |
|||
|
Bonus Shares of Associates, Subsidiaries and Jointly-Controlled Entities (Joint Ventures) |
0 |
0 |
|||
|
Primary Subordinated Loans Excluding the Portion included in the Core Capital |
0 |
0 |
|||
|
Secondary Subordinated Loan |
0 |
0 |
|||
|
45% of Marketable Securities Revaluation Reserve |
-10,854 |
593,107 |
|||
|
Associates and Subsidiaries |
52,938 |
556,675 |
|||
|
Financial Assets Available For Sale |
-63,792 |
36,432 |
|||
|
Capital Reserves, Profit Reserves and Prior Periods' Profit/Loss Inflation Adjustments (excluding the inflation adjustments to legal reserves, status reserves and extraordinary reserves) |
0 |
0 |
|||
|
Total Supplementary Capital |
338,244 |
889,782 |
|
TIER III CAPITAL |
0 |
0 |
|||
|
CAPITAL |
10,304,152 |
10,945,629 |
|||
|
DEDUCTIONS FROM THE CAPITAL |
81,953 |
111,387 |
|||
|
Investments in unconsolidated entities (domestic/foreign) of Which the Bank Keeps %10 or More of the Shares and Operating in Banking and Financial Sectors |
262 |
262 |
|||
|
Investments in entities (domestic/foreign) operating in Banking and Financial Sectors of which the Bank keeps the shares less than 10% , but exceeding 10% or more of the total core and supplementary capitals |
0 |
0 |
|||
|
Loans to banks, financial institutions (domestic/foreign) ,holders of qualified shares in the form of secondary subordinated loan and loan instruments purchased from those parties qualified as primary or secondary subordinated loan |
0 |
0 |
|||
|
Loans granted non-compliant with the articles 50 and 51 of the Banking Law |
0 |
0 |
|||
|
Net book values of real estates exceeding 50% of the capital and of assets acquired against overdue receivables and held for sale as per article 57 of the Banking Law but retained more than five years |
0 |
0 |
|||
|
Others |
0 |
0 |
|||
|
TOTAL SHAREHOLDERS' EQUITY |
10,222,199 |
10,834,242 |
(*) Leasehold improvements, prepaid expenses and intangible assets shown under the core capital, are not included in the total of core capital in accordance with the related regulation, but shown under the deductions from the capital.
MARKET RISK:
|
Amount |
|||
|
(I) Capital to be Employed for General Market Risk - Standard Method |
244,340 |
||
|
(II) Capital to be Employed for Specific Risk - Standard Method |
36,983 |
||
|
(III) Capital to be Employed for Currency Risk - Standard Method |
158,799 |
||
|
(IV) Capital to be Employed for Commodity Risk - Standard Method |
0 |
||
|
(V) Capital to be Employed for Settlement Risk - Standard Method |
0 |
||
|
(VI) Capital to be Employed for Market Risk of Options - Standard Method |
1,446 |
||
|
(VII) Capital to be Employed for Market Risks of Banks Applying Risk Measurement Models |
0 |
||
|
(VIII) Total Capital to be Employed for Market Risk (I+II+III+IV+V+VI) |
441,568 |
||
|
(IX) Amount Subject to Market Risk (12.5 x VIII) or (12.5 x VII) |
5,519,600 |
Information on currency risk:
|
EURO |
USD |
Yen |
Other FX |
Total |
|
|
Current Period |
|||||
|
Assets |
|||||
|
Cash (Cash in Vault, Foreign Currency Cash, Money in Transit, Cheques Purchased) and Balances with the Central Bank of Turkey |
2,764,804 |
59,207 |
177 |
15,486 |
2,839,674 |
|
Banks |
1,842,626 |
3,241,000 |
281 |
847,548 |
5,931,455 |
|
Financial Assets at Fair Value through Profit/Loss (1) |
3,209 |
20,961 |
0 |
6,094 |
30,264 |
|
Money Market Placements |
0 |
0 |
0 |
0 |
0 |
|
Financial Assets Available for Sale |
1,247,341 |
10,729,840 |
0 |
0 |
11,977,181 |
|
Loans (2) |
4,632,214 |
8,325,246 |
3,172 |
87,706 |
13,048,338 |
|
Investments in Associates, Subsidiaries and Jointly Controlled Entities (Joint Ventures) |
41,742 |
0 |
0 |
0 |
41,742 |
|
Investments Held to Maturity |
0 |
0 |
0 |
0 |
0 |
|
Derivative Financial Assets Held for Hedging Purposes |
0 |
0 |
0 |
0 |
0 |
|
Tangible Assets |
0 |
85 |
0 |
3,210 |
3,295 |
|
Intangible Assets |
0 |
0 |
0 |
0 |
0 |
|
Other Assets (1) |
27,948 |
159,038 |
11 |
414 |
187,411 |
|
Total Assets |
10,559,884 |
22,535,377 |
3,641 |
960,458 |
34,059,360 |
|
|
|
|
|
|
|
|
Liabilities |
|
|
|
|
|
|
Banks Deposits |
81,080 |
48,662 |
15 |
89,385 |
219,142 |
|
Foreign Currency Deposits |
8,036,812 |
9,376,833 |
7,489 |
910,922 |
18,332,056 |
|
Money Market Funds |
923,234 |
2,456,828 |
0 |
0 |
3,380,062 |
|
Funds Provided from Other Financial Institutions |
53,730 |
7,571,599 |
690 |
10,516 |
7,636,535 |
|
Marketable Securities Issued |
0 |
0 |
0 |
0 |
0 |
|
Sundry Creditors |
6,149 |
35,354 |
41 |
2,498 |
44,042 |
|
Derivative Financial Liabilities Held for Hedging Purposes |
0 |
0 |
0 |
0 |
0 |
|
Other Liabilities (1) |
114,360 |
871,355 |
1,238 |
12,496 |
999,449 |
|
Total Liabilities |
9,215,365 |
20,360,631 |
9,473 |
1,025,817 |
30,611,286 |
|
|
|
|
|
|
|
|
Net On Balance Sheet Position |
1,344,519 |
2,174,746 |
-5,832 |
-65,359 |
3,448,074 |
|
Net Off Balance Sheet Position |
-38,983 |
-2,480,747 |
-34,751 |
118,950 |
-2,435,531 |
|
Derivative Financial Assets (3) |
1,039,384 |
6,468,571 |
156,757 |
122,596 |
7,787,308 |
|
Derivative Financial Liabilities (3) |
1,078,367 |
8,949,318 |
191,508 |
3,646 |
10,222,839 |
|
Non-Cash Loans |
1,909,998 |
3,805,438 |
65,348 |
63,753 |
5,844,537 |
|
Prior Period |
|
|
|
|
|
|
Total Assets |
8,691,243 |
19,775,282 |
14,878 |
978,502 |
29,459,905 |
|
Total Liabilities |
7,947,794 |
19,077,635 |
19,978 |
898,702 |
27,944,109 |
|
Net Balance Sheet Position |
743,449 |
697,647 |
-5,100 |
79,800 |
1,515,796 |
|
Net Off Balance Sheet Position |
-402,213 |
-1,406,099 |
48,430 |
11,450 |
-1,748,432 |
|
Derivative Financial Assets |
329,633 |
3,782,748 |
110,040 |
11,681 |
4,234,102 |
|
Derivative Financial Liabilities |
731,846 |
5,188,847 |
61,610 |
231 |
5,982,534 |
|
Non-Cash Loans |
1,363,640 |
2,894,409 |
58,829 |
65,229 |
4,382,107 |
(1) In accordance with the principles of the "Regulation on Measurement and Practices of Banks' Net Overall FC Position / Shareholders' Equity Ratio on a Consolidated and Unconsolidated Basis", Derivative Financial Instruments Foreign Currency Income Accruals (TRY 139,800), Prepaid Expenses (TRY 22,960) in assets and General Reserves (TRY 413), Derivative Financial Instruments Foreign Currency Expense Accruals (TRY 24,227), Shareholders's Equity (TRY -11,622) in liabilities are not taken into consideration in the currency risk measurement.
(2) Includes foreign currency indexed loans, which are followed under TRY accounts, TRY 808,100 of these loans amounting to TRY 1,320,482 are USD indexed, TRY 506,950 of them are EUR indexed, TRY 899 of them are CHF indexed, TRY 2,078 of them are GBP indexed , TRY 2,434 of them are JPY indexed and TRY 21 of them are CAD indexed
(3) The derivative transactions are taken into consideration within the context of the forward foreign currency trading definitions in the above mentioned Regulation.
Presentation of assets and liabilities according to their remaining maturities:
|
Demand |
Up to 1 Month |
1-3 Months |
3-12 Months |
1-5 Years |
5 Years and Over |
Unallocated (1) |
Total |
|
|
Current Period (31.03.2008) |
||||||||
|
Assets |
|
|
|
|
|
|
|
|
|
Cash (Cash in Vault, Foreign Currency Cash, Money in Transit, Cheques Purchased) and Balances with the Central Bank of Turkey |
6,226,541 |
70,647 |
0 |
0 |
0 |
0 |
0 |
6,297,188 |
|
Banks |
301,529 |
3,332,796 |
7,165 |
182,509 |
2,200,800 |
39,300 |
0 |
6,064,099 |
|
Financial Assets at Fair Value through Profit/Loss |
75 |
34,472 |
56,994 |
270,768 |
227,499 |
1,849 |
0 |
591,657 |
|
Money Market Placements |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|
Financial Assets Available for Sale |
52,515 |
1,207,478 |
1,339,272 |
2,597,158 |
14,184,586 |
3,573,293 |
0 |
22,954,302 |
|
Loans |
4,018,760 |
5,095,970 |
3,415,569 |
10,228,408 |
12,211,453 |
3,914,910 |
0 |
38,885,070 |
|
Investments Held to Maturity |
0 |
0 |
0 |
0 |
1,780,116 |
709,513 |
0 |
2,489,629 |
|
Other Assets |
0 |
445,849 |
19,112 |
1,355 |
214,808 |
35,948 |
5,961,048 |
6,678,120 |
|
Total Assets |
10,599,420 |
10,187,212 |
4,838,112 |
13,280,198 |
30,819,262 |
8,274,813 |
5,961,048 |
83,960,065 |
|
|
|
|
|
|
|
|
|
|
|
Liabilities |
|
|
|
|
|
|
|
|
|
Bank Deposits |
220,063 |
232,826 |
26,231 |
5,313 |
0 |
0 |
0 |
484,433 |
|
Other Deposits |
7,845,886 |
32,294,792 |
6,368,755 |
4,108,837 |
140,103 |
0 |
0 |
50,758,373 |
|
Funds Provided from Other Financial Institutions |
0 |
146,291 |
255,465 |
2,530,613 |
5,455,788 |
2,350,715 |
0 |
10,738,872 |
|
Money Market Funds |
0 |
2,380,941 |
1,576 |
3,165,305 |
209,747 |
0 |
0 |
5,757,569 |
|
Marketable Securities Issued |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|
Sundry Creditors |
847,154 |
1,260,180 |
1,563 |
7,025 |
25,047 |
0 |
0 |
2,140,969 |
|
Other Liabilities |
36,940 |
545,407 |
354,543 |
324,181 |
232,327 |
0 |
12,586,451 |
14,079,849 |
|
Total Liabilities |
8,950,043 |
36,860,437 |
7,008,133 |
10,141,274 |
6,063,012 |
2,350,715 |
12,586,451 |
83,960,065 |
|
Liquidity Gap |
1,649,377 |
-26,673,225 |
-2,170,021 |
3,138,924 |
24,756,250 |
5,924,098 |
-6,625,403 |
0 |
|
|
|
|
|
|
|
|
|
|
|
Prior Period (31.12.2007) |
|
|
|
|
|
|
|
|
|
Total Assets |
11,277,437 |
9,453,950 |
3,375,092 |
12,579,468 |
29,832,564 |
6,597,905 |
7,064,501 |
80,180,917 |
|
Total Liabilities |
8,781,593 |
34,739,955 |
6,848,218 |
7,806,482 |
6,454,697 |
2,175,777 |
13,374,195 |
80,180,917 |
|
Liquidity Gap |
2,495,844 |
-25,286,005 |
-3,473,126 |
4,772,986 |
23,377,867 |
4,422,128 |
-6,309,694 |
0 |
(1) Asset items, such as Tangible Assets, Subsidiaries and Associates, Office Supply Inventory, Prepaid Expenses and Non-Performing Loans, which are required for banking operations and which can not be converted to cash in short-term, and other liabilities such as Provisions which are not considered as payables and shareholders' equity, are shown in 'Unallocated" column.
Information on consumer loans, retail credit cards, personnel loans and personnel credit cards:
|
Short-Term |
Medium and Long- Term |
Interest and Income Accruals |
Total |
||||||
|
Consumer Loans-TRY |
516,875 |
7,525,368 |
318,873 |
8,361,116 |
|||||
|
Real Estate Loans |
14,716 |
3,455,660 |
256,239 |
3,726,615 |
|||||
|
Auto Loans |
30,165 |
793,029 |
21,622 |
844,816 |
|||||
|
General Purpose Consumer Loans |
471,967 |
3,276,132 |
40,991 |
3,789,090 |
|||||
|
Other Consumer Loans |
27 |
547 |
21 |
595 |
|||||
|
Consumer Loans - FC Indexed |
1,680 |
119,873 |
60,634 |
182,187 |
|||||
|
Real Estate Loans |
765 |
102,992 |
56,508 |
160,265 |
|||||
|
Auto Loans |
915 |
16,812 |
4,109 |
21,836 |
|||||
|
General Purpose Consumer Loans |
0 |
69 |
17 |
86 |
|||||
|
Other Consumer Loans |
0 |
0 |
0 |
0 |
|||||
|
Consumer Loans - FC |
0 |
0 |
0 |
0 |
|||||
|
Real Estate Loans |
0 |
0 |
0 |
0 |
|||||
|
Auto Loans |
0 |
0 |
0 |
0 |
|||||
|
General Purpose Consumer Loans |
0 |
0 |
0 |
0 |
|||||
|
Other Consumer Loans |
0 |
0 |
0 |
0 |
|||||
|
Retail Credit Cards-TRY |
3,289,152 |
25,743 |
32,964 |
3,347,859 |
|||||
|
With Installments |
988,859 |
25,743 |
0 |
1,014,602 |
|||||
|
Without Installments |
2,300,293 |
0 |
32,964 |
2,333,257 |
|||||
|
Retail Credit Cards-FC |
0 |
0 |
0 |
0 |
|||||
|
With Installments |
0 |
0 |
0 |
0 |
|||||
|
Without Installments |
0 |
0 |
0 |
0 |
|||||
|
Personnel Loans-TRY |
21,039 |
159,182 |
5,399 |
185,620 |
|||||
|
Real Estate Loans |
125 |
52,781 |
3,550 |
56,456 |
|||||
|
Auto Loans |
190 |
9,371 |
212 |
9,773 |
|||||
|
General Purpose Consumer Loans |
20,724 |
97,029 |
1,637 |
119,390 |
|||||
|
Other Consumer Loans |
0 |
1 |
0 |
1 |
|||||
|
Personnel Loans- FC Indexed |
37 |
1,580 |
148 |
1,765 |
|||||
|
Real Estate Loans |
0 |
1,512 |
124 |
1,636 |
|||||
|
Auto Loans |
37 |
33 |
14 |
84 |
|||||
|
General Purpose Consumer Loans |
0 |
35 |
10 |
45 |
|||||
|
Other Consumer Loans |
0 |
0 |
0 |
0 |
|||||
|
Personnel Loans-FC |
0 |
0 |
0 |
0 |
|||||
|
Real Estate Loans |
0 |
0 |
0 |
0 |
|||||
|
Auto Loans |
0 |
0 |
0 |
0 |
|||||
|
General Purpose Consumer Loans |
0 |
0 |
0 |
0 |
|||||
|
Other Consumer Loans |
0 |
0 |
0 |
0 |
|||||
|
Personnel Credit Cards-TRY |
52,062 |
0 |
287 |
52,349 |
|||||
|
With Installments |
16,239 |
0 |
0 |
16,239 |
|||||
|
Without Installments |
35,823 |
0 |
287 |
36,110 |
|||||
|
Personnel Credit Cards-FC |
0 |
0 |
0 |
0 |
|||||
|
With Installments |
0 |
0 |
0 |
0 |
|||||
|
Without Installments |
0 |
0 |
0 |
0 |
|||||
|
Overdraft Accounts - TRY (real persons) |
291,455 |
0 |
8,595 |
300,050 |
|||||
|
Overdraft Accounts - FC (real persons) |
0 |
0 |
0 |
0 |
|||||
|
Total |
4,172,300 |
7,831,746 |
426,900 |
12,430,946 |
Installment based commercial loans and corporate credit cards:
|
Short-Term |
Medium and Long Term |
Interest and Income Accruals |
Total |
||||||
|
Commercial Loans With Installments-TRY |
633,225 |
6,217,091 |
221,461 |
7,071,777 |
|||||
|
Real Estate Loans |
5,391 |
447,905 |
17,108 |
470,404 |
|||||
|
Auto Loans |
99,364 |
2,016,688 |
50,862 |
2,166,914 |
|||||
|
General Purpose Commercial Loans |
511,023 |
3,507,395 |
101,782 |
4,120,200 |
|||||
|
Other Commercial Loans |
17,447 |
245,103 |
51,709 |
314,259 |
|||||
|
Commercial Loans With Installments-FC Indexed |
27,076 |
325,241 |
64,832 |
417,149 |
|||||
|
Real Estate Loans |
77 |
38,815 |
6,575 |
45,467 |
|||||
|
Auto Loans |
7,962 |
174,866 |
37,459 |
220,287 |
|||||
|
General Purpose Commercial Loans |
19,037 |
111,560 |
20,798 |
151,395 |
|||||
|
Other Commercial Loans |
0 |
0 |
0 |
0 |
|||||
|
Commercial Loans With Installments-FC |
0 |
0 |
0 |
0 |
|||||
|
Real Estate Loans |
0 |
0 |
0 |
0 |
|||||
|
Auto Loans |
0 |
0 |
0 |
0 |
|||||
|
General Purpose Commercial Loans |
0 |
0 |
0 |
0 |
|||||
|
Other Commercial Loans |
0 |
0 |
0 |
0 |
|||||
|
Corporate Credit Cards-TRY |
187,139 |
0 |
866 |
188,005 |
|||||
|
With Installments |
0 |
0 |
0 |
0 |
|||||
|
Without Installments |
187,139 |
0 |
866 |
188,005 |
|||||
|
Corporate Credit Cards-FC |
0 |
0 |
0 |
0 |
|||||
|
With Installments |
0 |
0 |
0 |
0 |
|||||
|
Without Installments |
0 |
0 |
0 |
0 |
|||||
|
Overdraft Accounts - TRY (corporate) |
781,404 |
0 |
31,298 |
812,702 |
|||||
|
Overdraft Accounts - FC (corporate) |
0 |
0 |
0 |
0 |
|||||
|
Total |
1,628,844 |
6,542,332 |
318,457 |
8,489,633 |
Specific provisions provided against loans:
|
Specific Provisions |
Current Period |
Prior Period |
|||
|
Loans and Receivables with Limited Collectibility |
173,922 |
259,843 |
|||
|
Loans and Receivables with Doubtful Collectibility |
297,868 |
190,763 |
|||
|
Uncollectible Loans and Receivables |
1,045,632 |
1,043,439 |
|||
|
Total |
1,517,422 |
1,494,045 |
The changes in total loans under follow-up:
|
Group III |
Group IV |
Group V |
|||||
|
Loans and Receivables with Limited Collectibility |
Loans and Receivables with Doubtful Collectibility |
Uncollectible Loans and Receivables |
|||||
|
Prior Period Ending Balance |
259,843 |
190,763 |
1,043,439 |
||||
|
Corporate and Commercial Loans |
187,273 |
123,267 |
909,163 |
||||
|
Retail Loans |
24,182 |
26,654 |
48,523 |
||||
|
Credit Cards |
48,388 |
29,713 |
85,752 |
||||
|
Other |
0 |
11,129 |
1 |
||||
|
Additions (+) |
223,383 |
8,813 |
7,544 |
||||
|
Corporate and Commercial Loans |
125,580 |
4,878 |
6,239 |
||||
|
Retail Loans |
35,981 |
1,060 |
921 |
||||
|
Credit Cards |
61,817 |
358 |
384 |
||||
|
Other |
5 |
2,517 |
0 |
||||
|
Transfers from Other Categories of Non-performing Loans (+) |
0 |
202,560 |
67,798 |
||||
|
Corporate and Commercial Loans |
0 |
142,421 |
46,754 |
||||
|
Retail Loans |
0 |
23,212 |
9,871 |
||||
|
Credit Cards |
0 |
36,927 |
11,173 |
||||
|
Other |
0 |
0 |
0 |
||||
|
Transfers to Other Categories of Non-performing Loans (-) |
202,560 |
67,798 |
0 |
||||
|
Corporate and Commercial Loans |
142,421 |
46,754 |
0 |
||||
|
Retail Loans |
23,212 |
9,871 |
0 |
||||
|
Credit Cards |
36,927 |
11,173 |
0 |
||||
|
Other |
0 |
0 |
0 |
||||
|
Collections (-) |
106,740 |
36,420 |
69,074 |
||||
|
Corporate and Commercial Loans |
67,728 |
26,070 |
59,860 |
||||
|
Retail Loans |
8,206 |
5,150 |
4,641 |
||||
|
Credit Cards |
30,806 |
4,743 |
4,573 |
||||
|
Other |
0 |
457 |
0 |
||||
|
Write-Offs (-) |
4 |
50 |
4,075 |
||||
|
Corporate and Commercial Loans |
1 |
0 |
2,672 |
||||
|
Retail Loans |
0 |
6 |
172 |
||||
|
Credit Cards |
3 |
32 |
1,231 |
||||
|
Other |
0 |
12 |
0 |
||||
|
Current Period Ending Balance |
173,922 |
297,868 |
1,045,632 |
||||
|
Corporate and Commercial Loans |
102,703 |
197,742 |
899,624 |
||||
|
Retail Loans |
28,745 |
35,899 |
54,502 |
||||
|
Credit Cards |
42,469 |
51,050 |
91,505 |
||||
|
Other |
5 |
13,177 |
1 |
||||
|
Specific Provisions (-) |
173,922 |
297,868 |
1,045,632 |
||||
|
Corporate and Commercial Loans |
102,703 |
197,742 |
899,624 |
||||
|
Retail Loans |
28,745 |
35,899 |
54,502 |
||||
|
Credit Cards |
42,469 |
51,050 |
91,505 |
||||
|
Other |
5 |
13,177 |
1 |
||||
|
Net Balance on Balance Sheet |
0 |
0 |
0 |
Information on Deposits:
The maturity structure of deposits (Current period):
|
Demand |
With 7 Days Maturityy |
Up to 1 Month |
1-3 Months |
3-6 Months |
6 Months to 1 Year |
1 Year and Over |
Accumulated Deposits |
Total |
|||||||||||
|
Savings Deposits |
2,227,415 |
0 |
11,614,580 |
4,962,104 |
495,139 |
91,391 |
263,675 |
0 |
19,654,304 |
||||||||||
|
Foreign Currency Deposits |
3,617,385 |
0 |
7,361,162 |
2,651,227 |
1,344,827 |
1,475,972 |
1,876,816 |
0 |
18,327,389 |
||||||||||
|
Residents in Turkey |
3,506,967 |
0 |
6,906,668 |
2,544,931 |
1,286,097 |
1,164,537 |
1,649,716 |
0 |
17,058,916 |
||||||||||
|
Residents Abroad |
110,418 |
0 |
454,494 |
106,296 |
58,730 |
311,435 |
227,100 |
0 |
1,268,473 |
||||||||||
|
Deposits of Public Institutions |
376,911 |
0 |
907,584 |
71,519 |
7,388 |
10 |
8,312 |
0 |
1,371,724 |
||||||||||
|
Commercial Deposits |
1,460,060 |
0 |
3,064,872 |
3,730,376 |
168,779 |
184,355 |
930 |
0 |
8,609,372 |
||||||||||
|
Other Institutions Deposits |
159,448 |
0 |
773,462 |
1,644,278 |
12,072 |
1,057 |
200,600 |
0 |
2,790,917 |
||||||||||
|
Precious Metals Deposits |
4,667 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
4,667 |
||||||||||
|
Interbank Deposits |
220,063 |
0 |
145,843 |
107,735 |
8 |
5,434 |
5,350 |
0 |
484,433 |
||||||||||
|
The Central Bank of Turkey |
50,699 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
50,699 |
||||||||||
|
Domestic Banks |
4,140 |
0 |
122,821 |
46,700 |
0 |
87 |
0 |
0 |
173,748 |
||||||||||
|
Foreign Banks |
158,348 |
0 |
23,022 |
61,035 |
8 |
5,347 |
5,350 |
0 |
253,110 |
||||||||||
|
Special Finance Institutions |
6,876 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
6,876 |
||||||||||
|
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||
|
Total |
8,065,949 |
0 |
23,867,503 |
13,167,239 |
2,028,213 |
1,758,219 |
2,355,683 |
0 |
51,242,806 |
Information on interest income on loans:
|
Current Period |
Prior Period |
|||
|
TRY |
FC |
TRY |
FC |
|
|
Interest Income on Loans* |
||||
|
Short-term Loans |
569,785 |
34,177 |
490,484 |
31,786 |
|
Medium and Long-term Loans |
686,460 |
128,402 |
577,934 |
119,564 |
|
Interest on Non-performing Loans |
25,733 |
0 |
23,264 |
0 |
|
Premiums Received from State Utilization Support Fund |
0 |
0 |
0 |
0 |
* Includes fee and commission income on cash loans.
Information on interest income from securities:
|
Current Period |
Prior Period |
|||
|
TRY |
FC |
TRY |
FC |
|
|
Interest Income on Financial Assets Held for Trading |
10,036 |
67 |
14,981 |
26 |
|
Interest Income on Financial Assets at Fair Value through Profit and Loss |
0 |
0 |
0 |
0 |
|
Interest Income on Financial Assets Available for Sale |
473,341 |
244,255 |
606,277 |
241,359 |
|
Investments Held to Maturity |
102,842 |
0 |
0 |
0 |
|
Total |
586,219 |
244,322 |
621,258 |
241,385 |
Information on Interest Expense on Deposits According to Maturity Structure:
|
Demand Deposits |
Time Deposits |
|||||||
|
Up to One Month |
Up to Three Months |
Up to Six Months |
Up to One Year |
Over One Year |
Accumulated Deposits |
Total |
||
|
TRY |
||||||||
|
Bank Deposits |
598 |
4,577 |
5,984 |
0 |
2 |
0 |
0 |
11,161 |
|
Savings Deposits |
487 |
400,734 |
205,824 |
27,794 |
3,554 |
10,192 |
0 |
648,585 |
|
Public Sector Deposits |
30 |
1,998 |
1,475 |
753 |
0 |
31 |
0 |
4,287 |
|
Commercial Deposits |
392 |
94,472 |
137,599 |
5,231 |
12,154 |
9,371 |
0 |
259,219 |
|
Other Institutions Deposits |
99 |
39,270 |
72,422 |
668 |
392 |
21 |
0 |
112,872 |
|
Deposits with 7 Days Maturity |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|
Total |
1,606 |
541,051 |
423,304 |
34,446 |
16,102 |
19,615 |
0 |
1,036,124 |
|
FX |
|
|
|
|
|
|
|
|
|
Foreign Currency Deposits |
142 |
46,942 |
26,691 |
13,607 |
2,539 |
37,082 |
0 |
127,003 |
|
Bank Deposits |
512 |
948 |
273 |
62 |
43 |
26 |
0 |
1,864 |
|
Deposits with 7 Days Maturity |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|
Precious Metals Deposits |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|
Total |
654 |
47,890 |
26,964 |
13,669 |
2,582 |
37,108 |
0 |
128,867 |
|
Grand Total |
2,260 |
588,941 |
450,268 |
48,115 |
18,684 |
56,723 |
0 |
1,164,991 |
Provision expenses due to loans and other receivables:
|
Current Period |
Prior Period |
||||
|
Specific Provisions for Loans and Other Receivables |
189,469 |
157,605 |
|||
|
Group III Loans and Receivables |
176,171 |
140,292 |
|||
|
Group IV Loans and Receivables |
5,318 |
2,208 |
|||
|
Group V Loans and Receivables |
7,980 |
15,105 |
|||
|
General Provision Expenses |
52,879 |
5,423 |
|||
|
Provision Expenses for Possible Risks |
36,000 |
10,000 |
|||
|
Marketable Securities Impairment Losses |
48,758 |
62,357 |
|||
|
Financial Assets at Fair Value through Profit and Loss |
62 |
1 |
|||
|
Financial Assets Available for Sale |
48,696 |
62,356 |
|||
|
Impairment Losses on Investments in Associates, Subsidiaries, Jointly Controlled Entities and Investments Held to Maturity |
0 |
0 |
|||
|
Investment in Associates |
0 |
0 |
|||
|
Subsidiaries |
0 |
0 |
|||
|
Jointly Controlled Entities |
0 |
0 |
|||
|
Investments Held to Maturity |
0 |
0 |
|||
|
Others |
20,919 |
13,879 |
|||
|
Total |
348,025 |
249,264 |
Other operating expenses:
|
Current Period |
Prior Period |
||||
|
Personnel Expenses |
243,244 |
227,333 |
|||
|
Reserve for Employee Termination Benefits |
4,965 |
4,543 |
|||
|
Bank Pension Fund Deficit Provisions |
0 |
0 |
|||
|
Impairment Losses on Tangible Assets |
12 |
0 |
|||
|
Depreciation Expenses of Tangible Assets |
32,725 |
27,372 |
|||
|
Impairment Losses on Intangible Assets |
0 |
0 |
|||
|
Impairment Losses on Goodwill |
0 |
0 |
|||
|
Amortization Expenses of Intangible Assets |
5,337 |
1,701 |
|||
|
Impairment Losses on Share of Participations Accounted for Using the Equity Method |
0 |
0 |
|||
|
Impairment Losses on Assets to be Disposed |
0 |
0 |
|||
|
Depreciation Expenses of Assets to be Disposed |
2,895 |
2,991 |
|||
|
Impairment Losses on Assets Held for Sale and Subject to Discontinued Operations |
0 |
0 |
|||
|
Other Operating Expenses |
171,301 |
144,039 |
|||
|
Operating Lease Expenses |
18,062 |
13,037 |
|||
|
Repair and Maintenance Expenses |
2,234 |
2,107 |
|||
|
Advertisement Expenses |
10,741 |
45,925 |
|||
|
Other Expenses |
140,264 |
82,970 |
|||
|
Loss on Sale of Assets |
66,957 |
497 |
|||
|
Other |
62,798 |
73,476 |
|||
|
Total |
590,234 |
481,952 |
Related Shares:
Turkiye Gdr Rgs