Turkiye Sinai Kalkinma Bankasi A.s. · BIST:TSKB
Turkiye Sinai Kalkinma Bankasi A.s — Türkiye Sınai Kalkınma Bankası A.Ş. (TSKB) — Q1 2023 Earnings Presentation
17 slides from Turkiye Sinai Kalkinma Bankasi A.s's earnings presentation, 2023
Slide 1: Earnings Presentation: 1Q-23 Bank-only Results
Please note that any kind of fecordingincludingbut/notlimited to screenshots, video recording, recording yia external devices etc. of this presentation it's strictly forbidden for all participants.” Corporate Banking The Industrial Development Bank of Tiirkiye Investment Bai Earnings Presentation 1Q
Slide 2: 1Q-23 At a Glance
1Q-23 At a Glance 1.5% Loan Growth & + 1.5% FX-adjusted loan growth + TL 50 million extra free provisions + NPL down to 2.6% Well-pro' ned Intact Asset Quality + FX LCR: 379% + ~80% ESG-linked funding + Additional EUR 100 million new loan agreement F meth + Stable core banking income generation Soli
Slide 3: Financial Guidance 1Q-23 and YE-23
Financial Guidance 1Q-23 (%) YE-23 (%) (Bank Only) Figures Guidance Growth FX Adjusted Loan Growth 1.5 ~5 Profitability Net Interest Margin* 5.9 >5 Fees & Commissions Growth 102 ~100 Return On Equity ** 42 ~35 Efficiency OPEX Growth 178 ~90 Cost/Income Ratio 14.6 <13 Solvency*** Capital Adequacy Rat
Slide 4: Strong profitability is maintained, given the differentiating business model
Strong profitability is maintained, given the differentiating business model Net Banking Income-TL mn Net Banking Income vs Provisions - TL mn 2,003 1,757 Core 23% _ 1757 Revenues up 835 1,757 . GEER AVY 73 46% yoy OK 983 103 103 [119] 1,095 377 671 671 377 10-22 40-22 10-23 40-22 10-23 Medic A JE 1
Slide 5: Income Statement Highlights
Income Statement Highlights TLmn Net Interest Income Trading Income Net Fees & Commissions Other Income (Inc. Dividend) Banking Income OPEX (-) Net Banking Income Provisions (-) Income From Participations Tax Provisions (-) Net Profit Based on MIS data 1Q-22 4Q-22 10-23, 1,093 2,010 1,584 377 73 103
Slide 6: Comfortable FX Liquidity and Maturity Profile
Comfortable FX Liquidity and Maturity Profile Yearly Multilateral Funding Agreements - USD mn Funding / Total Lia 20% 58% 56! ~80% J ] Maturity Profile of External Debt- USD mn ESG aligned mn - 475 faz 421033 c= USD 553 mn Non-Withdrawn DF Fundi Climate + Environment 100% ities (exc. Equity & Oth.)
Slide 7: Resilient Asset Composition
Resilient Asset Composition Asset Composition-TL bn Total Loans - TL bn Currency Breakdown 77 » 9% 64.2 2.9 4.2$ Dy 10-22 4Q-22 10-23 Yi yy YY Loans mSecurities =Cash&MM_ mNon IEAs & Other FX Loans($). = TRY Loans 1Q-23 Loans by Currency & Type Remaining Average Maturity - Years APEX Loans, TRY, 9%
Slide 8: Loan Breakdown by Sector
Electricity Generation 37.9% Finance 9.9% Metal & Machinery 8.9% Tourism 5.7% Health & Education 5.6% Electricity/Gas Distr. 5.1% Logistics 4.9% Construction & Construction Materials 3.6% • Chemistry & Plastics 3.2% • Food & Beverage 2.5% • Non-Residential Real Estate 1.8% Automotive 1.1% Telecom &
Slide 9: Health Sector Loans
73,159 744 8,647 2,465 2,046 % 37 41.4 8 6 8.9 5 17.9 Health 1 47 10 20.8 28.5
Slide 10: TL Securities Yield excluding CPI and CPI
80.4% 75.6% TL Sec. Yield exc. CPI CPI • 58.6% 42.8% 47.8% • 23.2% 16.6% 19.6% 13.0% 19.4% 17.0% 17.3% 18.8% 19.1% 18.9% 13.6% 15.3% 16.4% 1Q-21 2Q-21 3Q-21 4Q-21 1Q-22 2Q-22 3Q-22 4Q-22 1Q-23
Slide 11: Framed contraction in NIM due to sustainable business model
11 Framed contraction in NIM due to sustainable business model Annualized NIM Quarterly NIM 7.51% 6.8% 5.19% 5.9% 5.2% = CPI impact = Core NIM 1.67% 3.53% 10-22 4Q-22 10-23 19-22 4Q-22 10-23
Slide 12: Capital Adequacy Ratio Movement
12.0% 8.5% 0.65 1.51 - 0.23 2.34 1.17 0.16 16.7 17.0 4Q-22 Δ Market Risk Δ Credit Risk Δ MtM Δ Operational Subordinated Net Profit 1Q-23 Risk Debt
Slide 13: Sustainable Banking Developments and Results
Sustainable Banking Developments and Results Bie Lee Integrated Annual Report Updated and assured Stakeholder Participation and Materiality Analysis with double materiality concept Risk and Opportunities Analysis on a capital basis Short, medium and long-term smart targets on a capital basis Digital
Slide 14: Appendix
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Slide 15: Balance Sheet
As Balance Sheet Cash and Banks Securities Loans (Gross) Provisions Subsidiaries Other Total ST Funds LT Funds Securities Issued Repo & MM Other Subordinated Debt Shareholders’ Equity 5,508 21,295 84,032 5,271 4,084 3,199 112,848 3,343 67,343 14,538 4,072 5,697 3,816 14,039 31/03/2022 31/12/2022 31/
Slide 16: Detailed Income Statement
16 Detailed Income Statement TLmn Net Interest Income inc. Swap Cost Net Interest Income CPI Linkers Swap Costs (-) Net Commissions Other Income Dividends Other Trading & FX gains/losses FX gains/losses MtM gains/losses Trading gains/losses Banking Income OPEX (-) Net Banking Income ECL (-) Stage |
Slide 17: TSKB Financial Institutions & Investor Relations
TSKB Financial Institutions & Investor Relations TSKB Financial Institutions & Investor Relations ir@tskb.com.tr www.tskb.com Meclisi Mebusan Cad. 81 Findikli 34427 istanbul
Türkiye Sınai Kalkınma Bankası A.Ş. (TSKB) — Q1 2023 Earnings Presentation on 6ix