Turkiye Sinai Kalkinma Bankasi A.s. · BIST:TSKB
Turkiye Sinai Kalkinma Bankasi A.s — Türkiye Sınai Kalkınma Bankası A.Ş. (TSKB) — Investor Presentation (2010)
21 slides from Turkiye Sinai Kalkinma Bankasi A.s's investor presentation, 2010
Slide 1: Investor Presentation 2009
Created with a trial version of Syncfusion Essential PDF Sixty years of sustainable rythm in the Turkish economyy Investor Presentation 2009
Slide 2: TSKB @ a Glance
TSKB @ a Glance O Ownership hi TSKB Credit Ratings (Jan 2010) Fitch LTFC BB+ 42% İs Bank 50.1% Vakif Bank Moody’s LTFC Ba3 Free Float Corporate Governance Rating 8% SAHA 8.77/10 Main Subsidiaries Yatırım Finansman Securities İş Leasing Established in 1950 29% Largest private investment & develop
Slide 3: Financial Highlights
Financial Highlights Assets Liabilities Longg ROE : 19.5% Term FX Long Loans Term NPL : 0.6% 5y Funds %57 10 y CAR : 24.9% % %62 Financial Summary y (USD mn) Assets 4,612 Liquid Repo (TRY) Assets %18 Loans 2,642 (TRY) %30 Equity 695 TRY Net Income 117 Paid‐in Capital 600 mn TRY Free Capital %1
Slide 4: Banking Sector vs TSKB
Banking Sector vs TSKB 2009 Banking Sector* TSKB Development & Investment Banking Group CAR 20.1% 24.9% Number of Banks: 13 Loan/assets 47.6% 57.3% NPL 5.3% 0.6% St t Banks: State B k 3 Cost to income 34.9% 17.9% Private Turkish Banks: 6 NIM % 5.5% 4.3% % Foreign g Banks: 4 ROAE 21% 19.5% TSKB’s Ass
Slide 5: Business Lines
MAIN MAIN BUSINESS BUSINESS LINES LINES Business Lines Corporate Banking Investment Banking Treasury Key Subsidiaries Corporate Loans Corporate Yatırım Finansman Finance ALM Securities Apex Banking Brokerage Fixed Income TSKB REIT Project Finance Asset Spot&Derivative TSKB Real Estate Management Tra
Slide 6: Loans
Loans Total Loan Loans by Types Loans by Sectoral Breakdown Portfolio Apex Project Transp & Finance; 23% Commun.; 27% USD Finance 7% 2 6 bn 2.6 32%% Corporate Loans 45% Energy; 29% Other; 24% 5 years of average maturity 57% of corporate loans are disbursed to mid‐sized SMEs. 98% foreign currency
Slide 7: Corporate Loans
Corporate Loans Corporate Lending and SME Loans Specific funds to finance investment projects of mainly small and mid size SMEs operating in the manufacturing industry, agricultural industry, d construction, tourism and d services sectors. Specific funds to promote Renewable Energy and Energy effici
Slide 8: Project Finance
Project Finance Energy Renewable energy investments reached USD 3.8 billion,, of which USD 1.4 billion is underwritten by TSKB. 85 projects with total installed capacity of 2 280 MW in 2,280 i Hydro, H d Wi d Geothermal Wind, G th l andd Biomass. 15.5% 45 off these th projects j t are syndicat
Slide 9: Apex Banking
Apex Banking 23% of lending through APEX scheme Placed through 21 intermediary financial institutions 10 Commercial 11 Leasing USD 1 bn APEX funds Banks Companies Reached 815 SMEs SMEs & Exporters 9 TSKB @ a Glance | Banking Sector | Business Lines | Financials
Slide 10: Long term Funding
Long term Funding Outstanding Funding Base European Investment Bank (EIB) USD mn World Bank (IBRD) 2.848 2.513 2.036 Japan Bank for Int’l Cooperation (JBIC) 1.670 1.293 Kreditanstalt für Wiederaufbau (KfW) 640 312 368 413 94 Council of Europe Development Bank (CEB) 2005 2006 2007 2008 2009 Internati
Slide 11: Long term Funding
Long term Funding Multilateral Funding Agreements (p.a.) 1,039 USD mn 93% 549 472 Long term funding through 279 multinationals within the scope of 145 country assistance programs. Average Maturity: 10 years 2005 2006 2007 2008 2009 93 % of long terms funds guaranteed by Turkish Treasury IBRD;
Slide 12: Corporate Finance
Corporate Finance M&A Devam Ediyor Devam Ediyor Temmuz 2007 Ağustos 2008 Impressive track record of M&A buy‐side and sell‐ side mandates in numerous industrial,, commercial and Otoyoll ve Köprülerin Ot Kö ül i infrastructure projects. TCDD İskenderun Limanı Sabiha Gökçen Havaalanı SEDAŞ&BEDAŞ Özell
Slide 13: Asset Management & Brokerage
Asset Management & Brokerage A Asset Management M B k Brokerage Conventional Investment Funds Investment Advisory y and brokerage services to private & Private Asset Management institutional customers in equity, fixed income, FX and TSKB Investment Trust d i ti products derivative d t Capital Guaran
Slide 14: Composition of Assets
Composition of Assets *USD Mn 4.195 4.096 4.612 36% 31% 38% Loan/Asset L ti iis 57% /A t ratio Liquid Assets 64% of Assets are FX denominated, 74% of Liquid Assets are TRY government bonds. 57% 63% 57% Loans L Other assets are subsidiaries and tangible assets. 7% 6% 5% Others Total Asset
Slide 15: Loans
Loans More than 4,000 projects in the past No currency mismatch 52% in EUROs 46% in USDs 100% Coverage Ratio COLLATERAL BASE Other; 25% Mortgage; 38% Unsecured APEX; 18% Letter of Unsecured Guarantee; Unsecured non‐cash;; 7% 4% cash; 8% 15 TSKB @ a Glance | Banking Sector | Business Lines | Fi
Slide 16: Securities Portfolio
Securities Portfolio Securities Portfolio TRY FX ($) 327 TRY Securities 276 303 1.943 1.379 1.315 48% 2007 2008 2009 2008 FX Floating Duration is 8m in Zero coupon 7% bonds, 3.2y in FRN’s Zero Coupon TRY Floating Fl ti FX p portfolio consists mainly y of Bonds 31% Eurobonds . 43% 88% is in AFS po
Slide 17: Liabilities
Liabilities 4.195 4.096 4.612 17 1% 17.1% 13 0% 13.0% 18 6% 18.6% Repo 72.6% 54.9% 61.8% Total FX borrowings: Long Term Funds $3.7 bn Other Equity increased by 40% 12.9% 2.3% 4.6% 15.1% 15.1% Equity 12 1% 12.1% 2007 2008 2009 17 TSKB @ a Glance | Banking Sector | Business Lines | Financials
Slide 18: Shareholder’s Equity
Shareholder’s Equity Capital Adequacy Ratio TRY mn 28% 40% 24 9% 24.9% 24% 21% 22% 20% 2007 2008 2009 CAR Tier 1 Equity Movement 175 1041 Free Capital Ratio 40 76 11.98% 750 11.00% 8.49% 2007 2008 2009 Equity as of AFS MTM AFSMTM Equity MTM EquityMTM Net Profit Profit Equity as of 2008 Gains Gain
Slide 19: Income Breakdown
Income Breakdown (TRY ) (TRYmn) 2008 2009 Change (%) Ch Banking Income Adj. Net Interest Income 213.6 251.1 18% Net Commissions 4.7 8.2 74% Dividend Income 23.9 19.0 ‐21% Other Operating Income 10.2 15.2 49% Net Banking Income 252.4 293.5 16% %16 Personnel Expenses 30.7 33.0 7% Adm. Expenses 13.1 15
Slide 20: Ratios
Ratios 20 TSKB @ a Glance | Banking Sector | Business Lines | Financials
Slide 21: Contact Us
Contact Us Investor Relations Financial Institutions Meclisi Mebusan Caddesi No: 81 Meclisi Mebusan Caddesi No: 81 Fındıklı 34427 Istanbul – Turkey Fındıklı 34427 Istanbul – Turkey Email: ir@tskb.com.tr Email: fi@tskb.com.tr Tel: +90 (212) 334 5124‐5194 Tel: +90 (212) 334 5126 Fax: +90 (212) 334 523
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