Turkiye Halk Bankasi Anonim Sirketi · BIST:HALKB
Turkiye Halk Bankasi Anonim Sirketi — Turkiye Halk Bankasi A.S. — Q3 2007 Earnings Presentation
20 slides from Turkiye Halk Bankasi Anonim Sirketi's earnings presentation, 2007
Slide 1: Outstanding results in line with well-defined strategies
Outstanding results in line with well-defined strategies... Bank only Q3 2007 results
Slide 2: Q3 2007 Performance
ite) HALKBANK www.halkbank.com.tr Q3 2007 Performance Financial Institutions and Investor Relations 1 halkoank.IR@halkbank.com.tr
Slide 3: Highlights
Highlights TRY 38 billion TRY 1,239 million TRY 814 million Total assets increased by Net interest income increased Net profit grew by 27.0% 10% y-t-d and reached by 32% y-o-y and reached y-o-y and reached TRY 814 mn. TRY 38 bn. TRY 1,239 mn, net interest margin maintained at its current level of 5.
Slide 4: Highlights
Highlights Total Assets (TRY billion) Total Loans (TRY billion) (a) 36.9 38.0 15.6 34.4 35.7 14.5 12.7 11.4 26.9 6.2 2005 2006 Q1 2007 Q2 2007 Q3 2007 2005 2006 Q1 2007 Q2 2007 Q3 2007 Total Deposits (TRY billion) (a) Net Profit (TRY million) 29.4 863 28.2 28.6 27% 814 26.9 641 20.9 554 2005 2006 Q1
Slide 5: Balance Sheet Performance
Balance Sheet Performance Net Loans/Total Assets (%) Net Loans/Total Deposits (%) 40.0 42.0 51.0 53.8 36.4 45.5 33.8 42.8 23.6 30.0 2005 2006 Q1 2007 Q2 2007 Q3 2007 2005 2006 Q1 2007 Q2 2007 Q3 2007 NPL/Total Loans (%) 16.0 Asset composition 8.5 changing in favor of 7.8 6.8 6.2 loans... 2005 2006 Q
Slide 6: Key Ratios (BRSA Bank Only)
Key Ratios (BRSA Bank Only) Cost/Income (%) Effective cost management 42.7 Expanding margins 35.7 35.7 35.3 34.8 Strong capital base 2005 2006 Q1 2007 Q2 2007 Q3 2007 Net Interest Margin (%) CAR (%) 5.0 5.0 5.0 49.6 4.6 3.8 32.0 30.8 20.3 20.6 2005 2006 Q1 2007 Q2 2007 Q3 2007 2005 2006 Q1 2007 Q2 2
Slide 7: Key Ratios (BRSA Bank Only)
Key Ratios (BRSA Bank Only) ROE (%) 24.8 29.4 28.6 ROE increased by 24.4 17.6 330 bps y-o-y and realized as 28.6%. 2005 2006 Q1 2007 Q2 2007 Q3 2007 ROA (%) 2.8 2.8 3.0 3.0 ROA, reaching 3%, 2.1 reflects the Bank’s efficiency. 2005 2006 Q1 2007 Q2 2007 Q3 2007 6
Slide 8: Strong Loan Portfolio Growth
Strong Loan Portfolio Growth (a) Loans Types (TRY billion) Retail Commercial Cooperatives Sector growth 18.4% Funds 37.1% 2006–Q3 2007 Change (%) 14.5 15.6 12.7 Retail Loans up by 61.3% 3.0 3.4 11.4 2.6 2.1 6.2 0.8 Commercial Loans up by 45.4% 5.9 6.6 7.9 8.6 2.8 Cooperative Loans up by 9.3% 1.6 2.4
Slide 9: Strong Loan Portfolio Growth
Strong Loan Portfolio Growth Loans Types (%) Retail 17% 22% SME loans dominated Commercial Funds Cooperatives 6% portfolio with an 55% increasing share of retail loans Market Share (%) 5.8 6.0 Constantly increasing 5.5 3.9 5.2 market share 2005 2006 Q1 2007 Q2 2007 Q3 2007 8
Slide 10: Strong Retail Loans Growth
Strong Retail Loans Growth (a) Retail Loans by Product (TRY million) Consumer Loans Real Estate Loans Sector growth %23.4 Credit Card Loans Vehicle Loans 61.3% 2006–Q3 2007 Change (%) 3,448 2,993 Consumer Loans up by 72.7% 2,559 2,137 1,540 1,748 Real Estate Loans up by 64.5% 841 1,155 1,405 Credit
Slide 11: Strong Retail Loans Growth
Strong Retail Loans Growth Retail Loans by Product (%) 7% Consumer loans and Credit Card Loans Consumer Loans Vehicle Loans 41% real-estate loans have Real Estate Loans 50% been main drivers 2% of the Bank’s growth in retail banking. Market Share (%) Incl. Credit Cards Excl. Credit Cards 5.4 Market
Slide 12: Securities Portfolio
Securities Portfolio (a) (TRY million) Held To Maturity Portfolio/Total Assets (%) Trading Portfolio 51.6 Available For Sale Held to Maturity 32.8 31.6 26.7 24.2 18,393 18,139 17,943 17,573 17,535 2005 2006 Q1 2007 Q2 2007 Q3 2007 79% 62% 61% 55% 52% Portfolio Structure Floating Rate TRY Fixed Rate
Slide 13: HTM Redemptions-Important Source of Funding
HTM Redemptions-Important Source of Funding (a) Securities Portfolio FX Securities Portfolio FX Securities Portfolio (TRY million) (EUR million) (USD million) 7,730 549 549 229 229 5,633 4,995 4,995 r 2,097 r 638 275 115 r 274 r 114 2,340 2,340 1,800 r 2,655 r 540 1,200 r 600 600 r 600 Q3 2007 2007
Slide 14: Large Deposit Base
Large Deposit Base (a) (a) TRY Deposits by Types (TRY billion) Deposits by Currency (TRY billion) Other Institution Deposits FX Deposits Interbank TRY Deposits Commercial Public Sector Savings 21.8 20.7 29.4 20.1 28.2 28.6 19.6 18% 26.9 15% 14% 20% 1% 20.9 29% 28% 26% 28% 16.4 3% 4% 16% 22% 12% 15%
Slide 15: Improvement in Efficiency and Increasing Profitability
Improvement in Efficiency and Increasing Profitability Net Interest Income (TRY million) Breakdown of Interest Income (Q3 2006) (As a % of Total Income) Interest on Loans Interest Income on Securities 59% 64% 68% 69% Other 4% 63% 1,370 1,239 925 937 33% 2005 Q3 2006 2006 Q3 2007 Breakdown of Interes
Slide 16: Increasing Fee Income-Effective Cost Management
Increasing Fee Income-Effective Cost Management Net Fee & Commission Income (TRY million) Operating Expenses (TRY million) (As a % of Total Income) (As a % of Total Income) 10% 12% 11% 14% 43% 35% 36% 35% 44% 232 243 672 723 644 168 514 155 2005 Q3 2006 2006 Q3 2007 2005 Q3 2006 2006 Q3 2007 Breakdo
Slide 17: Effective Loan Approval Process
Effective Loan Approval Process Loan Loss Provisions (TRY million) (As a % of Average Net Loans) NPL/Total loans is decreasing 1.8% 0.9% 1.4% 1.0% and converging with the 130 sector averages. 95 99 58 2005 Q3 2006 2006 Q3 2007 NPL Coverage* (%) NPL Portfolio (TRY million) 98.4 98.6 98.5 98.6 98.6 1,
Slide 18: Balance Sheet
Balance Sheet (y-t-d) Composition of Total Assets In TRY million 2005 Q3 2006 2006 Q3 2007 (%) Change Cash and Balances Held with Central Bank (a) 1,286 2,176 2,551 2,663 4 Cash and Balances Held Banks 752 1,268 1,079 689 (36) with Central Bank (a) 42.0% Banks Securities (b) 17,573 19,039 18,139 17,
Slide 19: Income Statement
Income Statement (y-o-y) Net profit of Halkbank has In TRY million Q3 2006 Q3 2007 Change (%) Interest Income 3,176 4,213 33 reached TRY 814 million Interest Expense 2,239 2,974 33 with a y-o-y increase of Net Interest Income 937 1,239 32 Net Fees and Commissions 168 243 45 27% as of Q3 2007. Net Tr
Slide 20: For further information please contact
For further information please contact halkbank.IR@halkbank.com.tr DISCLAIMER The information contained in this document has been prepared by Turkiye Halk Bankasi A.S. (the Bank) from sources believed to be reliable, however has not been independently verified and no representation or warranty, expr
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