Sekerbank T.a.s. · BIST:SKBNK
Sekerbank T.a.s — H1 2024 Earnings Presentation
16 slides from Sekerbank T.a.s's earnings presentation, Jun 30, 2024
Slide 1: Financial Results as of June 30, 2024
Financial Results as of June 30, 2024 Türkiye’s Social and Environmental Bank 0
Slide 2: 70 years of experience in community banking with a niche position
70 years of experience in community banking with a niche position Shareholder Structure Key Strengths 34.40% 6.59% Şekerbank T.A.Ş. Şekerbank T.A.Ş. Voluntary Pension Fund Personnel Social ➢ Deep-rooted branch network, strong and its subsidiaries Security Foundation geographical coverage ➢ Founding
Slide 3: Şekerbank Positioning in the Sector
Şekerbank Positioning in the Sector Clear SME leadership accompanied by solid margins, liquid and conservative balance sheet together with healthy asset quality & sound capital 1 Deep Expertise in SME 2 Widespread Deposit Structure 3 Well-covered portfolio with and Agricultural Banking Share of Savi
Slide 4: Accelerated loan growth focused on SME & Agriculture
Accelerated loan growth focused on SME & Agriculture ➢ Şekerbank has adopted an accelerated loan growth strategy in its focus areas since the beginning of the year ➢ The bank’s SME & Agro loan portfolio has grown healthily thanks to the bank’s advanced loan underwriting and monitoring system establi
Slide 5: Further strengthened asset quality
Further strengthened asset quality ➢ Healthy growth through end to end loan underwriting and monitoring systems ➢ High collection performance thanks to the collateralized loan portfolio ➢ Bolstering provision coverage to make the loan portfolio’s quality even more resilient NPL Ratio Development NPL
Slide 6: Proactively managed securities portfolio against volatility
Proactively managed securities portfolio against volatility Composition by Classification1 Currency Distribution1 TL and FX Securities by Type1 TL Securities FX Securities Financial Assets at Financial Assets at Fair Value Through Fair Value Through 8.6 TL Bn $191 Mn 8.4 TL Bn Comprehensive Income P
Slide 7: Solid Liquidity, Wide-Spread Deposit Structure
Solid Liquidity, Wide-Spread Deposit Structure ➢ Broad-based and sticky deposit base for both TL and FX deposits, where 68 % of customer deposits is composed of retail segment deposits thanks to the widespread branch network throughout the country. The portion of broad-based savings in TL and FX Tot
Slide 8: 100% ESG related foreign borrowings structure
100% ESG related foreign borrowings structure The Bank has longstanding relationships with DFIs thanks to its sustainable banking know- how, which also reflects on its diversified and long-term foreign borrowing structure. ~1.5 USD billion Total funding obtained since 2007 from 15 different IFI/DFIs
Slide 9: Sustainable profitability and robust capital ratios
Sustainable profitability and robust capital ratios ➢ The Bank has maintained high level capital ratios through internal capital generation capacity ➢ The Bank’s profitability figures continued to improve in line with the NIM levels higher than the sector average ➢ The bank finalized its paid in cap
Slide 10: Appendix
Appendix 9
Slide 11: Consolidated Balance Sheet
Consolidated Balance Sheet TL Mn 2021 2022 2023 1Q 2024 1H 2024 Cash and balances with Central Bank 10,219 10,632 12,021 19,884 21,671 Securities portfolio (net) 6,150 12,191 12,838 14,649 14,329 Deposits with banks 1,520 1,376 2,077 1,411 1,415 Money market placements 79 220 6,098 2,955 3,949 Loans
Slide 12: Consolidated Income Statement
1 1 Consolidated Income Statement TL Mn 2021 2022 2023 1H 2023 1H 2024 Interest Income 5,141 9,071 12,620 4,976 10,655 Interest Expense (-) 3,073 4,266 6,490 2,322 6,896 Net Interest Income 2,068 4,804 6,129 2,654 3,759 Net Fee And Commission Income 456 476 939 547 422 Dividend Income 11 27 11 - 4 T
Slide 13: Enhancing sustainable development banking competencies
Enhancing sustainable development banking 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. Small Inclusive Finance Sustainable Enterprises an
Slide 14: Indexes, Initiatives and Sustainability Ratings
Indexes, Initiatives and Sustainability Ratings Sustainability Rating Sustainability Indexes Initiatives Organizations Reporting Borsa Istanbul United Nations Global Women’s Empowerment Carbon Disclosure London Stock Exchange Value Reporting Integrated Reporting Sustainability Index Compact-UNGC Pri
Slide 15: Contact Details
Contact Details Sekerbank T.A.Ş. Fatma Nur Çetinel Executive Vice President Treasury and Financial Institutions Financial Institutions & Investor Relations Oya Sarı Group Head of Financial Institutions, Sustainability and Investor Relations Tel: +90 212 319 71 58 oya.sari@sekerbank.com.tr Ayben Akyü
Slide 16: 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