Turkiye Halk Bankasi Anonim Sirketi · BIST:HALKB
Turkiye Halk Bankasi Anonim Sirketi — Türkiye Halk Bankası A.Ş. — FY2007 Earnings Presentation
20 slides from Turkiye Halk Bankasi Anonim Sirketi's earnings presentation, 2007
Slide 1: 2007 year-end results
2007 year-end results Bank only 2007 (BRSA)
Slide 2: Highlights
Highlights TRY 40.2 billion TRY 1,752 million TRY 1,131 million Total assets increased by Net interest income increased by Net profit grew by 31% y-o-y 17% y-o-y and reached 25% y-o-y and reached TRY 1,752 and reached TRY 1,131 mn. TRY 40.2 bn. mn, net interest margin went up to 5.0%. 55.9% 92.7% 58
Slide 3: Changing Asset Composition
Changing Asset Composition Total Assets (TRY billion) Net Loans/Total Deposits (%) 40.2 58.8 34.4 26.9 42.8 30.0 2005 2006 2007 2005 2006 2007 Net Loans/Total Assets (%) Total Securities/Total Assets (%) 65.4 45.0 52.7 33.8 39.6 23.6 2005 2006 2007 2005 2006 2007 2
Slide 4: Key Ratios
Key Ratios Cost/Income (%) Effective cost management 42.7 Expanding margins 35.7 33.7 30.6 Strong capital base 2005 2006 2007 Q4 2007 Net Interest Margin (%) CAR (%) 5.0 (a) 5.2 (a) 49.6 4.6 3.8 32.0 20.0 2005 2006 2007 Q4 2007 2005 2006 2007 (a) According to the new BRSA regulation, net fees and co
Slide 5: Key Ratios: ROE and ROA
Key Ratios ROE (%) 27.7 30.6 ROE increased by 24.4 17.6 330 bps y-o-y and realized as 27.7%. 2005 2006 2007 Q4 2007 ROA (%) 2.8 3.0 3.2 ROA, reaching 3%, 2.1 reflects the Bank’s efficiency. 2005 2006 2007 Q4 2007 4
Slide 6: Strong Loan Portfolio Growth
Strong Loan Portfolio Growth (a) Loans Types (TRY billion) Retail Commercial Cooperatives Sector growth 29.0% Funds 55.9% 2006–2007 Change (%) 17.8 15.6 Retail Loans up by 92.7% 14.5 4.1 3.4 12.7 3.0 11.4 2.6 2.1 10.0 8.6 Commercial Loans up by 68.7% 7.9 6.6 6.2 5.9 0.8 2.8 Cooperative Loans up by 1
Slide 7: Strong Loan Portfolio Growth: Loan Types and Market Share
Strong Loan Portfolio Growth (a) Loan Types Non-cash Loans (TRY million) 6.876 Retail 23% 15% Commercial 5.254 Funds Cooperatives 4.240 6% 56% 2005 2006 2007 (a) Guarantees, Warranties and Commitments. Market Share in Cash Loans (%) 6.0 6.2 5.2 5.5 5.8 Constantly increasing 3.9 market share in lendi
Slide 8: Breakdown of Loan Portfolio
Breakdown of Loan Portfolio (a) Sectoral Breakdown Regional Breakdown Manufacturing 27% 8% ‹stanbul 19% Trade 7% Ankara Real Estate, Renting ‹zmir 6% and Business Activities Other 65% 10% Transport, Storage and Communication 5% Agriculture, Forestry and Fishing 4% Financial Intermediation 6% 34% Con
Slide 9: Strong Retail Loans Growth
Strong Retail Loans Growth (a) Retail Loans by Product (TRY million) Consumer Loans Real Estate Loans Sector growth 35.6% Credit Card Loans Auto Loans 92.7% 2006–2007 Change (%) 4,118 3,448 Consumer Loans up by 107.9% 2,993 2,104 2,559 1,748 2,137 Real Estate Loans up by 96.7% 1,680 841 1,405 Credit
Slide 10: Strong Retail Loans Growth: Breakdown and Market Share
Strong Retail Loans Growth Breakdown of Retail Loans Consumer Loans 1% Growth in retail banking Real Estate Loans 51% Credit Card Loans Auto Loans 7% mainly driven by consumer and real-estate loans. 41% Market Share (%) Incl. Credit Cards Excl. Credit Cards 5.9 Market share gains are 5.4 4.2 4.8 5.1
Slide 11: Effective Loan Approval Process
Effective Loan Approval Process NPL Portfolio (TRY million) NPL Coverage* (%) 1,202 98.4 98.6 98.7 1,085 1,033 2005 2006 2007 2005 2006 2007 * Remaining 1.3% risk does not belong to the Bank. NPL/Total Loans (%) Loan Loss Provisions/Average Net Loans (%) 16.0 1.8 1.4 8.5 0.9 5.4 2005 2006 2007 2005
Slide 12: Securities Portfolio
Securities Portfolio (TRY million) Held to Maturity Portfolio/Total Assets (%) Held to Maturity Available For Sale 51.6 Trading Portfolio 32.8 18,139 17.5 17,573 15,945 2005 2006 2007 79% 62% 44% Portfolio Structure Floating Rate TRY Fixed Rate EUR USD %12 22% %8 11% 34% 53% 78% %80 10% 4% 3% 2005 2
Slide 13: HTM Redemptions
HTM Redemptions (a) Securities Portfolio FX Securities Portfolio FX Securities Portfolio (TRY million) (EUR million) (USD million) 5,633 549 229 4,995 4,995 r 638 275 115 r 274 r 114 2,340 2,340 r 2655 1,800 r 540 1,200 r 600 600 r 600 2007 2008 2009 2010 2011 2012 2013 2014 2007 2008 2007 2008 (a)
Slide 14: Large Deposit Base
Large Deposit Base (a) (a) TRY Deposits by Types (TRY billion) Deposits by Currency (TRY billion) Other Institution Deposits FX Deposits Interbank TRY Deposits Commercial Public Sector Savings 22.0 19.6 30.6 13% 15% 26.9 5% 16.4 28% 4% 20.9 17% 12% 17% 28% 3% 4% 22% 4% 16% 4% 65% 60% 61% 78% 72% 72%
Slide 15: Improvement in Efficiency
Improvement in Efficiency (a) Net Interest Income (TRY million) Interest Income on Loans/Total Interest Income (%) (As a % of Total Income) 69% 71% 1,752 44 47 59% 42 48 (a) 40 1,398 34 28 (a) 925 1,704 1,370 2005 2006 2007 2006 Q1 2007 Q2 2007 Q3 2007 2007 Breakdown of Interest Income (Q4 2007) Dec
Slide 16: Increasing Fee Income-Effective Cost Management
Increasing Fee Income-Effective Cost Management (a) Net Fee & Commission Income (TRY million) Operating Expenses (TRY million) (As a % of Total Income) (As a % of Total Income) 12% 43% 36% 34% 10% 10% 344 848 232 48 (a) 723 672 28 (a) 155 296 204 2005 2006 2007 2005 2006 2007 Breakdown of Fee & Comm
Slide 17: Strategies for 2008
Strategies for 2008 > Increasing the share of loans in total assets > Gaining market share in deposits and loans by achieving growth over the sector average > Further strengthening the Bank’s efficiency and franchise in SME lending > Increasing the share of retail loans in total loans > Increasing m
Slide 18: Balance Sheet
Balance Sheet 2006-2007 Q3/Q4 In TRY million 2005 2006 Q3 2007 2007 (%) Change (%) Change Cash and Balances Held with Central Bank (a) 1,286 2,551 2,663 3,471 36 30 Banks 752 1,079 689 1,212 12 76 Securities (b) 17,573 18,139 17,535 15,945 (12) (9) Net Loans (b) 6,330 11,646 15,980 18,121 56 13 Prop
Slide 19: Income Statement
Income Statement (y-o-y) Q3/Q4 In TRY million 2005 2006 2007 (%) Change Q3 2007 Q4 2007 (%) Change Interest Income 3,717 4,592 5,708 24 1,465 1,460 - Interest Expense 2,793 3,195 3,956 24 1,029 982 (5) Net Interest Income 925 1,398 1,752 25 436 478 10 Net Fees and Commissions 155 204 296 45 74 89 20
Slide 20: For further information please contact
For further information please contact halkbank.IR@halkbank.com.tr DISCLAIMER The information contained in this document has been prepared by Turkiye Halk Bankasi A.S. (the Bank) from sources believed to be reliable, however has not been independently verified and no representation or warranty, expr
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