Sekerbank T.a.s. · BIST:SKBNK
Sekerbank T.a.s — FY2022 Earnings Presentation
18 slides from Sekerbank T.a.s's earnings presentation, Dec 31, 2022
Slide 1: Consolidated Financial Results as of December 31, 2022
Şekerbank T.A.Ş. Consolidated Financial Results as of December 31, 2022
Slide 2: Overview
Overview Shareholder Structure as of December 31, 2022 Subsidiaries Structure as of December 31, 2022 35.17% 46.33% ŞEKERBANK T.A.Ş. Şekerbank T.A.Ş. Voluntary Pension Other (FreeFloat) Fund (The Pension Fund) and its subsidiaries Şeker Şeker Şeker Leasing Factoring Securities Şeker GYO A.Ş. 6.44% 1
Slide 3: Şekerbank Positioning in the Sector
Şekerbank Positioning in the Sector 1 Deep Know-How In SME 2 Higher NIM due to Effective 3 Sound Liquidity with Stable Deposits1 and Agricultural Banking1 Management of Funding Cost1 Loan to Deposit Ratio SME Loans to Total Loans, YE 2022 (%) Annualized NII to Avg Int. Earning Assets, YE 2022 (%) (G
Slide 4: Şekerbank's financial performance
✓ Prudent loan growth and TL dominated portfolio ✓ Significant recovery in asset quality Şekerbank’s ➢ High performance in collections financial ➢ Healthy inflow in loans through renewed risk infrastructure performance ➢ Prudent Provisioning Policy has ✓ Solid, broad-based and liquid funding structu
Slide 5: Prudent and TL dominated loan growth
Prudent and TL dominated loan growth ➢ Şekerbank adopted a diversified, widespread and TL dominated growth strategy in both 2021 and 2022, while continuing to decrease its FX loans. Stage Breakdown of Gross Loans2 Segment Breakdown of Performing Loans2 Currency Breakdown of Gross Loans2 Y-o-Y Y-o-Y
Slide 6: Considerable recovery in asset quality
Considerable recovery in asset quality ➢ With high concentration placed on increasing asset quality, the NPL has been improving over the past 3 years. Stage-3 (NPL) Ratio Development1 Stage-2 Loan Ratio Development1 10.2% 11.0% 9.9% 7.0% 6.4% 10.2% 7.7% 6.9% 8,5% 5.4% 6.1% 8,1% 6.9% 4.8% NPL Ratio 5
Slide 7: Prudent provisioning policy and high collection performance
Prudent provisioning policy and high collection performance ➢ Şekerbank, which has always adopted a prudent provisioning policy for its loan portfolio, also increased its free provision to 1.75 Billion TL (1.83 Billion TL in the consolidated financial statements) as of December 31, 2022. ➢ Thanks to
Slide 8: Protected securities portfolio against interest and FX fluctuations
Protected securities portfolio against interest and FX fluctuations ➢ As of 31 December 2022, Securities / Total Assets: 17,7% Composition by Classification1 TL denominated Securities1 FC denominated Securities1 Financial Assets Financial Assets 8,612 $223 Mn at Fair Value Through at Fair Value Thro
Slide 9: Solid, broad-based and liquid funding structure
Solid, broad-based and liquid funding structure ➢ The Bank has improved its liquidity even further and decreased its funding cost by prioritising Retail & SME deposits rather than large-size corporate deposits. The liquidity coverage ratios have always been well above the required levels as a result
Slide 10: 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 Bank has longstanding relationships with DFIs thanks to its sustainable banking know-how, which also ▪ The first ever Turkish covered bond transaction in
Slide 11: Significant improvement in sustainable profitability
Significant improvement in 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/Loss Cost to I
Slide 12: Main determinants of the profitability
Main determinants of the profitability Cost of Risk has been decreasing Provision expenses for loans have Thanks to the broad-based deposit structure in line with the very limited transfer to decreased significantly net interest margin has increased mainly problematic loans… based on surpassing the
Slide 13: Improvement in capital adequacy ratios
Improvement in capital adequacy ratios ➢ The Bank’s capital ratios have reached to satifactory levels as of December 31, 2022 by generating diversified and TL dominated loan growth; additionaly enhancing its internal capital generation capacity via improving profitability performance. Capital Adequa
Slide 14: A digital banking infrastructure focused on SME & Agricultural banking
A digital banking infrastructure focused on SME & Agricultural banking Digital Mobile solutions that applications that surround the expand access to rural finance Instant credit allocation to small businesses and The 1st Bank The 1st Bank farmers in the field through the tablet channel that offers t
Slide 15: Enhancing sustainable development banking competencies
Enhancing sustainable development banking competencies Bank only, as of December 2022 Sustainable 8.1% 99% Agriculture Share of agricultural of the farmers that we provide loans in total cash loans services are small farming families 72% TL 17.0 Small Businesses billion and Employment Share of the M
Slide 16: Contact Details
Contact Details Sekerbank T.A.Ş. Aybala Şimşek Executive Vice President Strategy, Transformation and Financial Institutions 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 Invest
Slide 17: 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 18: Thank you...
J a Thank you... kg