Sekerbank T.a.s. · BIST:SKBNK
Sekerbank T.a.s — 9M 2023 Earnings Presentation
16 slides from Sekerbank T.a.s's earnings presentation, Sep 30, 2023
Slide 1: Consolidated Financial Results as of September 30, 2023
Şekerbank T.A.Ş. Consolidated Financial Results as of September 30, 2023
Slide 2: Overview
Overview Shareholder Structure Subsidiaries Structure as of September 30, 2023 as of September 30, 2023 34.39% 46.96% Şeker Leasing Şeker GYO (REIT) Şekerbank T.A.Ş. Voluntary Other Pension Fund (The Pension Fund) and its subsidiaries Şeker Factoring Şekerbank Cyprus 12.06% Samruk-Kazyna 6.59% Şeker
Slide 3: Positioning in the Sector
Positioning in the Sector 1 Deep Expertise in SME 2 Widespread Deposit Structure 3 Well-covered portfolio with and Agricultural Banking Share of Savings Deposits covered NPL provisions SME Loans to Total Loans1 by SDIF Insurance guarantee2 NPL Provision Coverage R atio1 54.3% 42.7% 40.1% 37.6% 98.4%
Slide 4: Prudent and TL dominated loan growth
Prudent and TL dominated loan growth ➢ Şekerbank adopted a diversified, widespread and TL dominated growth strategy in the first three quarters of 2023 as was the case in 2022, while continuing to decrease its FX loans. TL and FX Loan Growth1 Segment Breakdown of Performing Loans1 Share of SME Loans
Slide 5: Considerable recovery in asset quality and Prudent provisioning policy
Considerable recovery in asset quality and Prudent provisioning policy ➢ With high concentration placed on increasing asset quality, the NPL has been improving over the past 3 years. ➢ Şekerbank, which has always adopted a prudent provisioning policy for its loan portfolio, also increased its free p
Slide 6: Protected securities portfolio against interest rate and FX fluctuations
Protected securities portfolio against interest rate and FX fluctuations Composition by Classification1 Currency Distribution1 TL and FX Securities by Type1 TL Securities FX Securities Fina ncial Assets at Financial Assets at Fair Value Through Fair Value Through 7,2 Bn TL 4.6 Bn TL C om prehensive
Slide 7: Solid, broad-based and liquid funding structure
Solid, broad-based and liquid funding structure ➢ The liquidity coverage ratios have always been well above the required levels as a result of prudent balance sheet management. ➢ 67% of the total TL retail deposits are under 2 million TL while FX deposits are also quite widespread and sticky. Total
Slide 8: 100% ESG related foreign borrowings structure
100% ESG related foreign borrowings structure The first SME backed covered bond in the world ▪ DFC, EBRD, FMO, TSKB & IBRD and MEF & Incofin The The The ▪ The Bank has longstanding relationships with DFIs thanks to its first ever first SME highest rating sustainable banking know-how, which also re f
Slide 9: Sustainable profitability
Sustainable profitability ➢ The Bank’s profitability figures have been improving steadily in line with the considerable improvement in cost of credit risk and satisfactory NIM levels based on surpassing funding costs and effective OPEX management. Net Profit Net Interest Income Cost of Risk1 (CoR) (
Slide 10: Capital Adequacy Ratios
Capital Adequacy Ratios ➢ The Bank’s capital ratios have been at the satisfactory levels by generating diversified and TL dominated loan growth; additionally enhancing its internal capital generation capacity via improving profitability performance. Capital Adequacy Ratios1 Capital Adequacy Ratio De
Slide 11: A digital banking infrastructure focused on SME & Agricultural banking
A digital banking infrastructure focused on SME & Agricultural banking Instant credit allocation to small businesses and The 1st Bank The 1st Bank farmers in the field through the tablet channel that offers to small that developed businesses more mobile banking ~700 customer representatives in the f
Slide 12: Enhancing sustainable development banking competencies
Enhancing sustainable development banking Bank only financial figures, as of September 2023 competencies Şekerbank set strategic targets under four groups of banking activities, in which the bank has had many pioneering achievements directed at a more impactful and purpose- based business strategy.
Slide 13: Indexes, Initiatives and Sustainability Rating Agencies
Indexes, Initiatives and Sustainability Rating Agencies Şekerbank is involved in Indexes Initiatives Sustainability Rating Agencies Sustainability Reportings Borsa Istanbul United Nations Global Women’s Carbon Disclosure Project Refinitiv Value Reporting Integrated Reporting Sustainability Index Com
Slide 14: Contact Details
Contact Details Sekerbank T.A.Ş. Fatma Nur Çetinel Executive Vice President Financial Institutions and Investor Relations Financial Institutions & Investor Relations Oya Sarı Head of Financial Institutions and Investor Relations Tel: +90 212 319 71 58 oya.sari@sekerbank.com.tr Ayben Akyürük Investor
Slide 15: Legal Notice For Investors
Legal Notice For Investors Legal Notice The information in this document has been obtained by Sekerbank T.A.Ş. (“Sekerbank”) from sources believed to be reliable. However, Sekerbank cannot guarantee the accuracy, completeness or correctness of such information. This document has been issued for info
Slide 16: Thank you...
J ie Thank you... kg