Turkiye Kalkinma Ve Yatirim Bankasi A.s. · BIST:KLNMA
Turkiye Kalkinma Ve Yatirim Bankasi A.s — Development and Investment Bank of Türkiye (TKYB) — Q1 2025 Earnings Presentation
39 slides from Turkiye Kalkinma Ve Yatirim Bankasi A.s's earnings presentation, Jul 21, 2025
Slide 1: Investor Presentation 2025 Q1
Investor Presentation 2025 Q1 © 2025 Development and Investment Bank of Türkiye All rights reserved
Slide 2: Table of Contents
Table of Contents 1. Executive Summary 03 2. Business Highlights 09 3. Financial Highlights 17 4. Sustainability at TKYB 27 5. Appendix 34 2
Slide 3: 1. Executive Summary
DEVELOPMENT INVESTMENT YEARS | BANK OF TURKIYE 1. Executive Summary SZ
Slide 4: Business Highlights
Business Highlights DEEP ROOTED THE MISSION INVESTMENT TÜRKİYE STRONG PAST HOLDER BANK BANKING DEVELOPMENT FUND COLLABORATIONS Development and TKYB, a public development In 2018, TKYB was structured Türkiye Development Fund Our bank maintains long-term Investment Bank of institution, works with the
Slide 5: TKYB at a Glance / Key Financial Highlights
TKYB at a Glance Deep rooted Bank growing in line with Türkiye’s objectives for sustainable development 1975 Establishment IPO 1991 2019 Transformation Establishment as Devlet Sanayi ve İşçi Listed on BIST under the ticker symbol, Reorganization of the Yatırım Bankası (DESİYAB) A.Ş. KLMNA corporate
Slide 6: Sustainable, Strong and Stable Performance for 2025
Sustainable, Strong and Stable Performance for 2025 Million TRY Development Banking In the 2023-2024 period, financing agreements on different themes were signed with development finance institutions and support to the earthquake zone was prioritized. In addition, loan disbursements within the scope
Slide 7: Key Highlights
Key Highlights CONTINUED GOVERNMENT SUPPORT The Ministry of Treasury & Finance owns 99%+ of TKYB and has demonstrated continuous support through the provision of government guarantees, subordinated debt and regular capital injections STRONG ASSET QUALITY At 0.7%, NPL ratios are well-below the Tu
Slide 8: Funding Sources and Purposes
Funding Sources and Purposes Main Funding Sources Funding Purposes Eurobond Issuance Renewable Energy Eurobond issuance (inc. Wind, Solar, Geothermal, Biomass and others) The funds obtained from the Eurobond issuance in Energy Efficiency September 2022 which is privately placed by AFD - Agence Franç
Slide 9: 2. Business Highlights
DEVELOPMENT INVESTMENT YEARS | BANK OF TURKIYE 2. Business Highlights SZ
Slide 10: Business Strategy
Business Strategy Development Banking Providing Financial Structures and Products Compatible with Türkiye's Sustainable Development Plans To support the green Supporting priority Establishing a strong To reduce foreign Supporting transformation process sectors in the dependency and Raising the inflo
Slide 11: Türkiye Development Fund
Türkiye Development Fund Established Funds Regional Technology Innovative and Development DIBT Fund Development TÜBİTAK BIGG DIBT Fund of TÜBİTAK BIGG+ Development and Advanced Participation ODTÜ Teknokent Fund Funds VCIF Fund Innovation Technologies Venture Capital Venture Capital Fund VCIF Investm
Slide 12: Investment Banking Activities
Investment Banking Activities Investment Banking Consultancy Transactions Closed Between The Years 2019 and 2025 Finansal IPO IPO IPO IPO IPO IPO IPO Danışmanlık Oba Makarna IPO Meka Global IPO Big Chefs IPO Ahlatcı Doğalgaz IPO Obase Bilgisayar IPO Kızılbük REIT IPO Kalyon PV IPO (Joint Leadership)
Slide 13: Investment Banking Activities
Investment Banking Activities Investment Banking Consultancy Transactions Closed Between The Years 2021 and 2025 Privatization Privatization Privatization Privatization Privatization Privatization Privatization Privatization Gebze Dilovası Tortum HEPP Çamlıca 1 HEPP Çal HEPP Girlevik HEPP Topçam HEP
Slide 14: Investment Banking Activities
Investment Banking Activities Investment Banking Consultancy Transactions Closed Between The Years 2021 and 2025 Feasibility Valuation Valuation Feasibility Valuation Financial Fizibilite Financial Valuation Advisory Advisory Valuation of Epoxy Resin Sectoral analysis and Energy Valuation of financi
Slide 15: Ongoing Investment Banking Consultancy Transactions
Investment Banking Activities Ongoing Investment Banking Consultancy Transactions ❑ Financial Advisory services provided to the Ministry of Treasury and Finance Privatization Administration (“PA”) under two different Privatization Privatization Sell-Side Advisory Sell-Side Advisory projects. ▪ Selec
Slide 16: Ongoing Investment Banking Consultancy Transactions
Investment Banking Activities Ongoing Investment Banking Consultancy Transactions Satıcı Taraf ❑ Financial Advisory service is being provided for a company aims to raise acquisition/project Danışmanlık finance for up to 10 MW renewable energy plant. Finansal Feasibility Finansal Project Finance Danı
Slide 17: 3. Financial Highlights
DEVELOPMENT INVESTMENT YEARS | BANK OF TURKIYE 3. Financial Highlights SZ
Slide 18: Robust Balance Sheet Growth
Robust Balance Sheet Growth Strong resource structure obtained from international financial institutions and high-quality asset structure, mostly consisting of loans Asset Breakdown Asset Growth (TRY Billion) TRY 91,6 TRY 134,8 TRY 141,6 TRY 153,6 TRY 160,5 1% 1% 2% 1% 1% 75 % 16% 20% 24% 22% 23% 17
Slide 19: Credit Portfolio Breakdown and Growth
Credit Portfolio Breakdown and Growth Loan Portfolio Growth Loan Currency Breakdown (TRY Billion ) 70 % 22% 102,4 94,8 50% 87,1 84,2 60,3 28% 2022 2023 2024 Q1 2024 2025 Q1 USD EUR TRY Loan Breakdown Sectoral Loan Breakdown TRY 60,3 TRY 84,2 TRY 87,1 TRY 94,8 TRY 102,4 (TRY Billion ) Other; 1% Const
Slide 20: Loan Quality
Loan Quality Loan Quality by Groups 1st Group Loans 2nd Group Loans 3rd Group Loans 0,8% 25% 0,7% 0,8% 14% 90% 99% 0,7% 0,7% 78,7% 79,1% 0,7%0,7% 20% 12% 11,2% 80% 97% 96,2% 4,1% 0,6% 9,7% 66,2% 94,9% 10% 63,5% 61,8% 70% 15% 7,9% 7,5% 95% 93,9% 0,5% 3,1% 93,3% 8% 60% 92,1% 0,4% 5,2% 93% 10% 6% 2,1%
Slide 21: Liabilities Breakdown
Liabilities Breakdown Total Liabilities Borrowings (billion TRY) (billion TRY) 83 % TRY 91,6 TRY 134,8 TRY 141,6 TRY 153,6 TRY 160,5 8% 8% 10% 7% 14% 2% 2% 3% 115,7 2% 108,3 2% 8% 8% 13% 13% 103,1 7% 97,9 9% 9% 63,3 8% 5% 5% 2022 2023 2024 Q1 2024 2025 Q1 Equity 69% 73% 73% 70% 72% (billion TRY) 216
Slide 22: Robust Capitalisation
Robust Capitalisation CET-1 TIER-1 Capital Adequacy Ratio 18,0% 14,5% 15,6% 13,9% 14,9% 17,2% 8,7% 9,0% 8,9% 16,9% 14,5% 16,7% 16,4% 14,4% 14,0% 2022 2023 2024 Q1 2024 2025 Q1 2022 2023 2024 Q1 2024 2025 Q1 2022 2023 2024 Q1 2024 2025 Q1 Capital Increases (million TRY) 4.500 CET-1 TIER-1 CAR Regulat
Slide 23: Strong Risk Management
Strong Risk Management Currency Risk Management Liquidity Risk Management Credit Risk Management FX (%) Liquidity Risk (%) NPL (%) 10,00 350 5,00 300 0,44 0,43 0,40 315,9 0,07 0,19 250 272,3 1,5% 0,00 243,7 200 203,5 170,3 190,9 -5,00 150 194,9 1,0% 1,0% 0,8% 148,5 161,1 0,7% 152,3 100 -10,00 50 0 F
Slide 24: Strong Profitability
Strong Profitability 2022 - 2023 - 2024 - 2024 Q1 - 2025 Q1 Profitability Net Banking Income Million TRY Million TRY 663 23.345 7,7% 7,0% 16.175 27% 6,5% 7,7% 350 6.493 4,1% 10.020 5.4256.908 6.736 54 262 284 118 Interest Income Net Interest Margin (NIM) 2.687 2.233 2.554 -604 -798 -452 -55 2022 202
Slide 25: Selected Ratios
Selected Ratios Our ratios reflect harmonious composition of our assets and liabilities with strong financial performance 19 % Interest Income Funds TRY Assets / Funds Borrowed / Interest Borrowed TRY Liabilities / Assets Expenses 101% 72 % 177 % 81% TRY FCY Non Interest 22% FCY Assets / Total Loans
Slide 26: Banking Sector vs TKYB
Banking Sector vs TKYB Loans/Assets* NPL Expense/ Revenue Ratio ROE 63,8% 40,0% 37,1% 1,9% 51,8% 0,7% 29,6% 16,9% Sector 2025 Q1 TKYB 2025 Q1 Sector 2025 Q1 TKYB 2025 Q1 Sector 2025 Q1 TKYB 2025 Q1 Sector 2025 Q1 TKYB 2025 Q1 *Non-performing loans and rediscounts are included. Debts to Money BANKING
Slide 27: 4. Sustainability at TKYB
DEVELOPMENT INVESTMENT YEARS | BANK OF TURKIYE 4. Sustainability at TKYB SZ
Slide 28: An Overview
An Overview Our International ESG Risk Rating TKYB has positioned itself among the leading institutions in Turkiye with a risk score of 12.5 in the assessments conducted within the scope of environmental, social, and governance (ESG) criteria by the international sustainability rating agency Sustain
Slide 29: Principles
Principles TKYB is the first and only institution in Türkiye to sign up to the Operating Principles for Impact Management which is a global initiative coordinated by the International Finance Corporation (IFC). We have published Türkiye’s first Impact Report which is in line with Impact Principles a
Slide 30: Our Environmental & Social Policy
Our Environmental & Social Policy The Bank carries out Environmental and Social risk assessments and monitoring processes of the projects in accordance with national and international legislations and global standards Compliance with Applying the E&S Risk Environmental and National Environmental Com
Slide 31: International Participation & Our Performance
International Participation & Our Performance Our Sustainability Performance & National and International Memberships First Signatory We directly and indirectly contributed to 15 of the 17 United Nations from Türkiye Sustainable Development Goals Founding Member 96% of our loan portfolio consists of
Slide 32: Achievements
Achievements TKYB has positioned itself among the leading institutions in Turkiye with a risk score of 12.5 in the assessments conducted within the scope of environmental, social, and governance (ESG) criteria by the international sustainability rating agency Sustainalytics. TKYB is the first and on
Slide 33: The Bank's HR Figures
A Diverse, Highly Educated & Experienced Workforce A Young and Dynamic Workforce ➢ Total Number of Employees is 361 with an Average Age of 37 Improving Gender Balance ➢ 58% Male ➢ 42% Female The Bank’s 2024 Best WorkPlace HR Figures 93% of the Employees are Higher Great Place To Education Graduates
Slide 34: Appendix
DEVELOPMENT INVESTMENT YEARS | BANK OF TURKIYE Appendix SZ
Slide 35: Awards & Achievements
Awards & Achievements 2024 2024 Best Regional Development Bank Most Sustainable Bank in Most Innovative Sukuk Türkiye Structures World Finance Banking International Finance Awards Awards 2024 2024 2024 Outstanding Leadership in Green Finance Innovator Sustainable Finance by a Multilateral Türkiye 20
Slide 36: Selected Balance Sheet Items
Selected Balance Sheet Items 2024 vs. Selected Financials 2022 2023 2024 2025 Q1 2025 Q1 TKYB - TRY Million TRY FCY TOTAL TRY FCY TOTAL TRY FCY TOTAL TRY FCY TOTAL % Total Assets 31.292 60.306 91.598 47.745 87.103 134.847 57.124 96.472 153.596 54.665 105.804 160.469 4% Financial Assets 18.032 6.311
Slide 37: Selected Income Statement Items
Selected Income Statement Items 2024 Q1 2024 Q4 2023 vs. Income Statement vs. vs 2022 2023 2024 2024 2024 Q1 2025 Q1 2024 Q4 2025 Q1 (TRY Million) 2025 Q1 2025 Q1 (%) (%) (%) Net Interest Income 3.003 7.520 11.267 50% 2.516 3.006 19% 2.865 3.006 5% Fee Income 69 109 202 85% 49 37 -24% 77 37 -52% Oth
Slide 38: Selected Ratios and 2025 Forecast
Selected Ratios and 2025 Forecast 2025 Q1 Selected Financial Ratios 2025 Forecast Results Loan/Asset Ratio 63,8% ~ 60% Net Payment & Commission Increase -24,3% > 70% Operation Expense Increase 50,3% < 100% NIM 7,7% > 6,0% ROE 37,1% ~ 30% ROA 4,6% ~ 4,0% Expense/ Revenue Ratio 16,9% ~ 20% Capital Ade
Slide 39: Disclaimer
Disclaimer Türkiye Kalkınma ve Yatırım Bankası A.Ş. (the “TKYB”) has prepared this presentation document (the “Document”) thereto for the sole purposes of providing information which include forward looking projections and statements relating to the TKYB (the “Information”). No representation or war
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