Turkiye Sinai Kalkinma Bankasi A.s. · BIST:TSKB
Turkiye Sinai Kalkinma Bankasi A.s — Türkiye Sınai Kalkınma Bankası A.Ş. (TSKB) — Q3 2007 Earnings Presentation
32 slides from Turkiye Sinai Kalkinma Bankasi A.s's earnings presentation, 2007
Slide 1: 3Q07 BRSA Results Investor Presentation
Created with a trial version of Syncfusion Essential PDF 3Q07 BRSA RESULTS INVESTOR PRESENTATION
Slide 2: Slide 2
Slide 3: TSKB, Banking Sector vs TSKB, Appendices
TSKB BANKING SECTOR vs TSKB APPENDICES 3
Slide 4: TSKB at a Glance
TSKB at a Glance... Ownership Structure* Main Subsidiaries Yatırım Finansman Securities İş Leasing TSKB Real Estate Appraisal Free Float** TSKB Real Estate Investment Trust * 53.5% of stocks are quoted at ISE. ** 21.8% foreign participation (40.8% of the free float stocks) Financial Summary (USD mn)
Slide 5: Mission
Mission Coupling reliable, objective, customer MISSION oriented development banking with dynamic investment banking activities 9To promote the growth of private sector 9To encourage and assist local and foreign capital to participate in Turkish companies 9To contribute to the growth of capital marke
Slide 6: History
History Established with the support of Issued Samurai Merged with CBT and IBRD to B d with Bonds ith Turkish T ki h S i Yatırım Sınai Y t promote the Treasury guarantee Bankası (SYB) private sector in Turkey 1950 1960’s 1980’s 1990’s 2000’s Corporate bonds Start of issued and Promoted private Marke
Slide 7: Core Business Lines
Core Business Lines Corporate C t & IInvestment t t Treasury Asset Development Banking Management & Banking Brokerage Medium & Long- IPOs; SPOs Fixed Income Asset Management term Financing to M&As Treasury TSKB Mutual Private Sector g Unit Marketing Funds have ( (more th than 4000 Fi i l and
Slide 8: Main Participations
Main Participations TSKB Capital Market Price* Entity Sector Ownership (mn TRY) (mn TRY) at Yatırım Finansman a s a Secu Securities t es Financial a ca 95.78% 95 8% 30.0 30 0 Not ot listed sted TSKB Real Estate Investment Trust Financial 96.00% 10.0 Not listed İş Leasing Financial 28 56% 28.56% 139
Slide 9: Medium & Long Term Funds by Multilateral Agencies
Medium&Long Term Funds by Multilateral Agencies European p Investment Bank ((EIB)) World Bank (IBRD) Japan Bank for International Cooperation (JBIC) Kreditanstalt für Wiederaufbau (KfW) Council of Europe Development Bank (CEB) International Finance Corporation (IFC) Agence Française de Développement
Slide 10: Funding Base (mn)
Funding Base (mn) Ea Werks Bonk (IBRD) Europeon Investment Bank (EIB) Renewable Energy Project Loon Export Finance Intermediary Loon (EFIL 1) Export Finance Intermediary Loon (EFIL 11) 2005 SME Loon Industrial Sector Global I Loan Industrial Sector Global HI Loon Industrial Sector Global IV Loan Ind
Slide 11: Funding Base (mn)
Funding Base (mn) A Amount t T Tenor M t it Maturity 11
Slide 12: Funding Base
Funding Base By Sources Currency Risk Structure (USD mn) (mn USD) USD EUR JPY Total 10.3% EIB Total Assets 1 313 1,313 1 197 1,197 54 2 564 2,564 AFD Total Liabilities 1,292 1,257 62 2,611 34.0% CEB 13.4% Net On-Balance 21 -60 -8 -47 IFC Sheet Position 1.0% IBRD 2.6% Net Off-Balance -39 56 9 26 JBIC
Slide 13: Sustainable Growth Over the Years
Sustainable Growth Over the Years Total Assets (USD mn) Funds Borrowed (USD mn) 77% of the Long Term Funds borrowed are guaranteed by the Turkish Treasury. Total Loans (USD mn) Shareholders’ Equity (USD mn) Loans/Assets is 58%, one of the highest ratio in the sector. 13
Slide 14: Balance Sheet Composition
Balance Sheet Composition Assets Liabilities and Equity 14
Slide 15: Loan Book
Loan Book NPL Ratio vs. Coverage Ratio Well Diversified Loan Portfolio 11% FINANCE 5% ENERGY PRODUCTION 8% ENERGY DISTRIBUTION NPL’s are low and TRANSPORTATION & fully provisioned 6% COMMUNICATION 27% OTHER TOURISM 5% TEXTILE FOOD 5% METALS 2% OTHER MINING 2% 5% OTHER PRODUCTION 3% 3% 5% CHEMISTRY 4
Slide 16: Syndicated Loans
Syndicated Loans BORROWER SIGNING DATE TOTAL SYNDICATION AMOUNT TSKB TICKET SIZE TITLE MATURITY Non-Cash Loans Oyak (Ataer) January 2006 USD 1,465,000,000 USD 100,000,000 - January 2011 OJER November 2006 USD 1,425,000,000 USD 50,000,000 - November 2008 DOĞUŞ OTOMOTİV December 2006 EUR 350,000,000 E
Slide 17: Securities Portfolio
Securities Portfolio Securities Portfolio (USD mn) Average Maturity (Years) FC TRY 855 599 495 220 242 259 3Q06 2006 3Q07 Breakdown of Securities Portfolio FX TL Floating Zero Total T t l Securities S iti Floating 6% Coupon Portfolio is 39% Bonds 31 classified as FX Fixed % ‘Available for 24% S l ’
Slide 18: Sufficient Capitalisation
Sufficient Capitalisation Capital Base (USD mn) Capital Adequacy Ratio Tier I Capital Tier II Capital Deductions 342 525 391 72 56 67 -1 -1 -95 3Q06 2006 3Q07 Free Capital Risk Weighted Assets 18
Slide 19: Income Statement
Income Statement Net Profit (USD mn) Income Composition Interest Income (USD mn) Breakdown of Interest Income Share off IEA in Sh i TA is 93% 19
Slide 20: Financial Summary
Financial Summary Income Statement Loan Spread (000 USD) 3Q06 3Q07 Change Adj. Net Interest Income 59,322 82,829 40% Net Commissions 8,738 14,642 68% Released Provisions 6,206 1,180 -81% Other Operating Income 10,136 18,423 82% Net Banking Income 84,403 117,075 39% Personnel Expenses 11,164 15,036 3
Slide 21: Financial Highlights
Financial Highlights Ratios Financials 3Q06 2006 3Q07 (USD mn) 3Q06 2006 3Q07 CAR 29.3% 32.9 % 25.3 % Assets 2,626 2,881 3,768 Free Capital 9.2% 9.8 % 10.2 % Liquid 842 946 1,331 Assets Cost to 26.6% 25.7 % 21.5% Loans 1,530 1,757 2,187 income NIM 4.0% 4.1% 3.5% Partic. 95 106 145 ROAE 18.1% 18.7 %
Slide 22: TSKB, Banking Sector vs TSKB, Appendices
TSKB BANKING SECTOR vs TSKB APPENDICES 22
Slide 23: Banking Sector vs TSKB as of 2006
Banking Sector vs TSKB as of 2006 LOANS / ASSETS NPL IEA / T.ASSETS 92% 90% 58% 3.8% 45% 1.3% Sector TSKB Sector TSKB Sector TSKB TOTAL EXPENSES / ROAA ROAE AVG. ASSETS 2.7% 3.4% 2.3% 18.9% 18.1% 1.1% Sector TSKB Sector TSKB Sector TSKB 23
Slide 24: TSKB, Banking Sector vs TSKB, Appendices
TSKB BANKING SECTOR vs TSKB APPENDICES 24
Slide 25: Ratings
Ratings TSKB’s Fitch Ratings (May 2007) TSKB’s Moody’s Ratings (April 2007) F Foreign i and d Local L l Currency C Fi Financial i l Strenght St ht Rating R ti D+ Outlook (FSR) Stable Long Term Foreign Currency BB- Long Term Foreign Currency B1 Long Term Local Currency BB Local Currency Deposit Baa1/
Slide 26: Ratings
Ratings TSKB’s Fitch Ratings (May 2007) TSKB’s Moody’s Ratings (April 2007) F Foreign i and d Local L l Currency C Fi Financial i l Strenght St ht Rating R ti D+ Outlook (FSR) Stable Long Term Foreign Currency BB- Long Term Foreign Currency B1 Long Term Local Currency BB Local Currency Deposit Baa1/
Slide 27: Participations as of 2007
Participations as of 2007 Entity Sector Ownership Capital (TRY ) Yatırım Finansman Menkul Değerler A.Ş. (Yat. Fin. Securities) Financial 95.78% 30,000,000 TSKB Gayrimenkul Yatırım Ortaklığı A.Ş. (TSKB Real Estate Investment Trust) Financial 96.00% 10,000,000 Entity Sector Ownership Capital (TRY ) İş
Slide 28: Awards
Awards “Best Real Estate Advisor” Advisor” in Turkey – 2005 “Best M&A House” House” in Turkey by Euromoney – 2005 “Best Local Partner” Partner” by Euromoney Awards for Excellence – 2004 “Best Securities Firm Firm”” by Euromoney – 1997 1997,, 1998 and 1999 “Best Credit Rating among Banks in
Slide 29: Certificate
Certificate CERTIFICATE The TUV CERT Certification Body of TUV Rheinland Industrie Service GmbH certifies in accordance with TUV CERT procedures that TSB TURKIYE SINAi KALKINMA BANKASI A.S. MECLisi MEBUSAN CADDESI, 161 FINDIKLVISTANBUL TURKEY has established and applies an environmental management s
Slide 30: Organization Chart 2007
Organization Chart 2007 INFORMATION TECHNOLOGY & HUMAN APPLICATION SYSTEM HUMAN RESOURCES SYSTEM & NETWORK RESOURCES DEVELOPMENT DEVELOPMENT SUPPORT GÖKHAN EXECUTIVE VICE ÇANAKPINAR YETKİN KESLER OLCAY HEDİLİ ERKAN MİSKET PRESIDENT Department Head Department Head Department Head Manager ŞEMSEDDİN AR
Slide 31: Contacts
Contacts Meclisi Mebusan Caddesi No 161, 34427 Fındıklı Istanbul/TURKEY INVESTOR RELATIONS Tel: +90 212 334 5276 Fax: +90 212 243 2975 E-mail: ir@tskb.com.tr www.tskb.com 31
Slide 32: Disclaimer
Disclaimer The information in this document has been obtained by Türkiye Sınai Kalkınma Bankası A.S. (“TSKB”) from sources believed to be reliable, however, TSKB cannot guarantee the accuracy, completeness, or correctness of such information. This document has been issued for information purposes on
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