Turkiye Sinai Kalkinma Bankasi A.s. · BIST:TSKB
Turkiye Sinai Kalkinma Bankasi A.s — Türkiye Sınai Kalkınma Bankası A.Ş. (TSKB) — Q1 2009 Earnings Presentation
21 slides from Turkiye Sinai Kalkinma Bankasi A.s's earnings presentation, 2009
Slide 1: 1Q2009 BRSA Results Investor Presentation
Created with a trial version of Syncfusion Essential PDF 1Q2009 BRSA RESULTS INVESTOR PRESENTATION 1 1
Slide 2: TSKB Appendices
TSKB APPENDICES 009 gevreciyiz. 2
Slide 3: TSKB at a Glance-1
TSKB at a Glance-1 TSKB in Brief Ownership Structure* 9Established in 1950, with the initiation of the World Bank and CBRT. 9 Merged with SYB in 2002. 9 Largest private investment and development bank in Turkey. ** 9 The 16th largest bank in Turkey with US$ 4 billion asset size as off 2008. 9327 emp
Slide 4: TSKB at a Glance-2
TSKB at a Glance-2 Total Assets (USD mn) Funds Borrowed (USD mn) 81% of the Long Term Funds 3,641 3,444 3,505 3,429 4,195 4,308 4,095 3,989 borrowed are guaranteed by the Turkish Treasury. 2007 1Q08 2008 1Q09 2007 1Q08 2008 1Q09 Total Loans (USD mn) Shareholders’ Equity (USD mn) Loans/Assets 2 562 2
Slide 5: Balance Sheet Composition
Balance Sheet Composition Assets Liabilities 3% 4% 3% 2% 7% 7% 6% 8% 12% 12% 15% 12% 57% 58% 63% 60% 84% 85% 86% 82% 36% 35% 31% 32% 2007 1Q08 2008 1Q09 2007 1Q08 2008 1Q09 2007 1Q08 2008 1Q09 Liquid Assets Loans Others Borrowings Equity Others Liquid Assets Loans Others 5 5
Slide 6: Loans
Loans NPL A Amountt 14 Million Milli USD Loan L Portfolio P tf li 22.409 409 Million Milli USD NPL Ratio Sectoral Breakdown Other 25% Finance 33% 22% 4% Metal Energy 5% 4% Production and Construction 7% Distribution Tourism Transportation & Communication *NPL’s are low and fully provisioned * Averag
Slide 7: Securities Portfolio
Securities Portfolio S Securities iti Portfolio P tf li (USD mn)) 819 774 781 898 TRY FC 258 273 299 191 2007 1Q08 2008 1Q09 Breakdown of Securities Portfolio Fx Floating TRY Floating FX Fixed Zero Coupon Bonds 5% 7% 6% 25% 43% 43% 31% 38% 50% 19% 14% 19% 2007 2008 1Q09 7 7
Slide 8: Liabilities' Distribution
Liabilities’ Distribution LIABILITIES 12% Total borrowings amounting to 3.2 Billion 27% USD, with an average maturity of 8,6 years. Equity Short Term % of total fundings 69% g are long-term. g Long Term The longest borrowing tenor is 30 years. 61% 8 8
Slide 9: Medium & Long Term Funds by Multilateral Agencies
Medium & Long Term Funds by Multilateral Agencies European 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 Développeme
Slide 10: Strong Capital Structure
Strong Capital Structure Equity (mn TRY) Capital Adequacy Ratio 800 750 687 20.3% 21 1% 21.1% 20.6% 1Q08 2008 1Q09 1Q08 2008 1Q09 Free Capital Ratio 10.1% 8.5% 8.5% 1Q08 2008 1Q09 10 10
Slide 11: Financial Summary
Financial Summary Income Statement Loan Spread (000 USD) 1Q08 1Q09 Change Adj. Net Interest Income 37,653 25,061 -33% 2.3 2.3 2.3 Net Commissions 986 809 -18% Released Provisions 1,699 , 6,043 , 256% Other Operating Income 1,984 2,854 44% 2006 2007 2008 Net Banking Income 42,322 34,768 -18% Personne
Slide 12: Financial Summary
Financial Summary Income Statement ((million o TRY)) 1Q08 Q08 1Q09 Q09 Change C a ge Adj. Net Interest Income 49 42 -14% Net Commissions 1 1 7% Released Provisions 2 10 362% Other Operating Income 2 5 87% Net Banking Income 54 58 7% Personnel Expenses 8 8 2% Adm. Expenses 3 4 16% Other Op. Expenses
Slide 13: Financial Higlights
Financial Higlights Ratios Financials 1Q08 2008 1Q09 (USD mn) 1Q08 2008 1Q09 CAR 20.9 % 21.1 % 20.6 % Assets 4,308 4,095 3,989 Free Capital 10.1 % 8.5 % 8.5 % Liquid Assets 1,528 1,271 1,279 Cost to 19.2 % 20.5 % 20.4 % Loans 2,513 2,562 2,409 income NIM 4.0 % 3.8% 3.3 % Partic. 127 124 115 ROAE 16.
Slide 14: Strength of TSKB during crisis: Assets
Strength of TSKB during crisis ASSETS Loans to total assets ratio: 60%. * Loans are entirely directed to corporates, of which 62% is disbursed to mid-sized SMEs * We are financing exports and investments with Long-Term project financing loans. * Our credit pporfolio’s risk is concentrated on Finance
Slide 15: Strength of TSKB during crisis: Liabilities
Strength of TSKB during crisis LIABILITIES • Sustainable Long-Term Funding Structure * Average A duration d ti off liabilites li bilit iis muchh longer l comparedd to t sector: t Positive P iti duration d ti gap in i liabilities li biliti * TSKB has access to long term funding through multinationals
Slide 16: 2008 Awards
2008 Awards • TSKB Sustainable Bank of the Year| FT-IFC Emerging Countries – Eastern European Category •Geothermal Energy Project Financing of the Year in Europe- Gürmat | Euromoney • Project Finance Deal of the Year– Mersin | Euromoney • Best Infrastructure Project Financing of the Year in Europe E
Slide 17: TSKB Appendices
TSKB APPENDICES 009 Gevreciuiz. evreci 7
Slide 18: Rating
Rating TSKB’s Fitch Ratings (Sep 2008) TSKB’s Moody’s Ratings (Oct 2008) F i and Foreign d Local L l Currency C Fi Financial i l Strength St th Rating R ti D D+ Outlook (FSR) Stable Long Term Foreign Currency BB Long Term Foreign Currency B1/NP Long Term Local Currency BB + Local Currency Deposit Ba
Slide 19: Participations as of March, 2009
Participations as of March, 2009 Entity Sector Ownership Capital (TRY) Yatırım Finansman Menkul Değerler A.Ş. (Yat. Fin. Securities) Financial 95.78% 38,500,000 TSKB Gayrimenkul Yatırım Ortaklığı A.Ş. (TSKB Real Estate Investment Trust) Financial 96.00% 75,000,000 Entity Sector Ownership Capital (TR
Slide 20: Investor Relations
Meclisi Mebusan Caddesi, No:81, 34427 Fındıklı Istanbul/TURKEY INVESTOR RELATIONS Tel: +90 212 334 5152 Fax:+90 212 334 5234 E-mail: ir@tskb.com.tr www tskb com www.tskb.com 20 20
Slide 21: 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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