Turkiye Sinai Kalkinma Bankasi A.s. · BIST:TSKB

Turkiye Sinai Kalkinma Bankasi A.s — Türkiye Sınai Kalkınma Bankası A.Ş. (TSKB) — Q1 2022 Earnings Presentation

17 slides from Turkiye Sinai Kalkinma Bankasi A.s's earnings presentation, 2022

  1. Slide 1: Created with a trial version of Syncfusion Essential PDF

    Created with a trial version of Syncfusion Essential PDF

  2. Slide 2: 1Q-22 At a Glance

    1Q-22 At a Glance + ROE: 33.4% + NIM: 5.2% + Strong commission income Profitability above expectations Further strengthened * CAR: 14.0% solvency * Tier-l: 12.8% Comfortable FX liquidity supported by new DFl agreements + New agreements with JBIC and IFC + ~80% ESG-linked funding Intact Asset Quality

  3. Slide 3: 2022YE Guidances vs 1Q22 Results

    2022YE Guidances vs 1Q22 Results Financial Guidance 2022YE (%) 1Q22 (%) Notes (Bank Only) Guidance Results Growth FX Adjusted Loan Growth Contraction -8.7 Subdued FX loan demand and heavy redemptions Profitability Net Interest Margin (*) ~4.0 5.2 Upside potential Fees & Commissions Growth ~30 195 St

  4. Slide 4: Robust Yearly Core Banking Income Expansion

    Robust Yearly Core Banking Income Expansion Net Banking Income-TLmn 13! ZV 1,360 hs 1,207 671 167 681 671 509 312 312 343 3 Tas 377 199 377 40-21 10-22 — =NetBanking Income exc.CPl&qrading = 1Q-21 10-22 Trading Gain/Loss = CPlincome Net Banking Income vs Provisions - TL mn 1,207} 866 509 289 10-21 4

  5. Slide 5: Healthy and Consistent NIM Performance Exceeding our Guidance

    Healthy and Consistent NIM Performance Exceeding our Guidance Annualized NIM 5.24% 3.94% 3.36% = Robust margin performance continues He Lisle HELE = 2022 October to October CPI valuation assumption is revised to 49% from 28.2%. Annualized NIM = 480 mioTL extra revenue generated from CPI assumption 5

  6. Slide 6: Income Statement Highlights

    Income Statement Highlights TLmn 1Q-21 4Q-21 1Q-22 QoQ YoY Strong Net Interest Income 430.3 907.3 1,092.9 20% 154% contribution of fees & Trading Income 99.7 342.8 312.1 -9% 213% commissions Net Fees & Commissions 10.7 20.0 31.6 58% 195% Sustainable profitability Other Income (Inc. Dividend) 32.1 11

  7. Slide 7: Eurobond DFI Funding Syndication & Other

    • • 441 350 608 750 194 450 126 100 2,219 2022 2023 2024 >=2025 Eurobond DFI Funding Syndication & Other Money Market Funding

  8. Slide 8: Resilient Asset Composition

    Resilient Asset Composition 10-21 40-21 10-22 mSecurities =Cash&MM_ mNonlEAs & Other mLoans Asset Composition - TL bn Average Maturity - Years APEX Loans [NNN 3.4 Working Capital Loans 9) 3.5 Investment Loans [NNN 6.5 ) 5.5 years Investment Loans; 66% Total Loans - TL bn Currency Breakdown 63.9 64.3

  9. Slide 9: Loan Sector Breakdown

    Electricity Generation 42.8% Finance 8.1% Other** 8.0% Electricity/Gas Distr. 6.6% Tourism 6.6% Metal & Machinery 5.4% Health & Education 5.2% Construction & Construction Materials 3.7% Logistics 3.4% • Non-Residential Real Estate 2.8% • Food & Beverage 2.4% • Chemistry & Plastics 2.1% Automotive 1.

  10. Slide 10: Asset Quality Remains Intact, Further Improved Coverages

    Asset Quality Remains Intact, Further Improved Coverages Stage Ill Loans —e Coverage Ratio Stage | Loans Stage Il Loans ig 18.7% 18.8% 53.9% 53.2% 92% of 1.2% 1.2% 7/7/77 1.0% Stage 3 ——___ .( ype Loans are restructured 70% of Stage 2&3 Loans are 10-21 40-21 10-22 10-21 40-21 10-22 eee eee, Me Restr

  11. Slide 11: Well-managed Security Book Supports our Bank's Profitability

    11 Well-managed Security Book Supports our Bank's Profitability Total Securities Portfolio Breakdown TRY 14.8 bn TRY 13.0 bn 602 532 TL7.8bn 391 4,668 5,978 6,026 41% 10-21 4Q-21 10-22 m TRY (mn) YP ($ mn) SECURITIES / ASSETS: 16% Strategically managed securities portfolio * Remaining Duration: 1.9

  12. Slide 12: Capital Adequacy Development

    12.0% 8.5% 0.7 - 3.6 0.46 - 0.1 12.8 8.9 4Q-21 Δ RWA Δ MtM Subordinated Debt Net Profit 1Q-22

  13. Slide 13: Sustainability Developments in 1Q-22 and Long-term Targets

    Sustainability Developments in 1Q-22 and Long-term Targets Impact Oriented BPR) Integrated Annual Report Positive impact we created Short, medium and long-term targets UNEP FI Responsible Banking Principles WEF Stakeholder Capitalism metrics Ecording Website with the digital assistant Social Impact

  14. Slide 14: Appendix

    2S BS Q gf x

  15. Slide 15: Balance Sheet

    As Balance Sheet 31/03/2021 31/12/2021 31/03/2022 Cash and Banks Securities Loans (Gross) Provisions Subsidiaries Other Total ST Funds LT Funds Securities Issued Repo & MM Other Tier 2 Equity Total 2,078 4,672 3,622 -567 1327 1387 12,518 2,540 3,131 40,408 -1,416 90 1,014 45,767 2,013 32,843 11,847

  16. 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 |

  17. 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 2022 Earnings Presentation on 6ix