Turkiye Sinai Kalkinma Bankasi A.s. · BIST:TSKB
Turkiye Sinai Kalkinma Bankasi A.s — Türkiye Sınai Kalkınma Bankası A.Ş. (TSKB) — Q3 2008 Earnings Presentation
23 slides from Turkiye Sinai Kalkinma Bankasi A.s's earnings presentation, 2008
Slide 1: 3Q08 BRSA Results Investor Presentation
Created with a trial version of Syncfusion Essential PDF 3Q08 BRSA RESULTS INVESTOR PRESENTATION
Slide 2: Slide 2
Slide 3: TSKB
TSKB APPENDICES
Slide 4: TSKB at a Glance
TSKB at a Glance... Ownership Structure* Main Subsidiaries Yatırım Finansman Securities İş Leasing Free Float** Float TSKB Real Estate Appraisal TSKB Real Estate Investment Trust * 53.7 % of stocks are quoted at ISE. Financial Summary (USD mn) **21.2 % foreign participation (39.4 % of the free float
Slide 5: Core Business Lines
Core Business Lines CORPORATE & INVESTMENT ASSET DEVELOPMENT MANAGEMENT TREASURY BANKING BANKING FIXED INCOME CORPORATE LOANS M&A MUTUAL FUNDS Proactive management of Longstanding relations • Best M&A House” by Ranking 1st in assets portfolio structure with solid corporate base Euromoney Award
Slide 6: Medium&Long Term Funds by Multilateral Agencies
Medium&Long Term Funds by Multilateral Agencies European p 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 Développement
Slide 7: Funding Base
Funding Base By Sources Currency Risk Structure (USD mn) 4.9% EIB (mn USD) USD EUR JPY Total AFD Total Assets 1 427 1,427 1 517 1,517 35 2 979 2,979 11.8% 34.3% CEB Total Liabilities 1,388 1,589 45 3,022 3.8% IFC Net On-Balance 39 (72) (10) (43) 1.5% IBRD Sheet Position JBIC KfW Net Off-Balance (93)
Slide 8: Sustainable Growth Over the Years
Sustainable Growth Over the Years Total Assets (USD mn) Funds Borrowed (USD mn) 78% of the Long Term Funds borrowed are guaranteed by the Turkish Treasury. Total Loans (USD mn) Shareholders’ Equity (USD mn) Loans/Assets is 59%, one of the highest ratio in the sector. 8
Slide 9: Balance Sheet Composition
Balance Sheet Composition Assets Liabilities and Equity 9
Slide 10: Loan Book
Loan Book NPL Ratio vs. Coverage Ratio Well Diversified Loan Portfolio 15% FINANCE 5% ENERGY PRODUCTION NPL’s are low and 7% fully provisioned ENERGY DISTRIBUTION TRANSPORTATION & 24% 6% COMMUNICATION OTHER 5% TOURISM METALS OTHER PRODUCTION CONSTRUCTION OTHERS 23% * Others section is including 5 se
Slide 11: Renewable Energy Loans and Syndications
Renewable Energy Loans and Syndications Electricity Production Investments Financed 65 HEPPs – Total 2.133 MW Totally ll 1.100 m USD loan l amount is 2 WPPs – Total 53 MW allocated for 2.255 MW capacity. Utilization is continuing. 2 GPPs – Total 58 MW Others ‐ Total 11 MW Natural Gas Pipeline Natura
Slide 12: Sufficient Capitalisation
Sufficient Capitalisation Capital Base (USD mn) Capital Adequacy Ratio Tier I Capital Tier II Capital Deductions Free Capital Risk Weighted Assets 12
Slide 13: Income Statement
Income Statement Net Profit (USD mn) Income Composition Interest Income (USD mn) Breakdown of Interest Income Share off IEA in Sh i TA is 94% 13
Slide 14: Financial Summary
Financial Summary Income Statement Loan Spread (000 USD) 3Q07 3Q08 Change Adj. Net Interest Income 86,920 115,323 33% Net Commissions 3,991 2,804 -30% Released Provisions 2,272 4,060 79% Other Operating Income 17,331 22,396 29% Net Banking Income 110,514 144,583 31% Personnel Expenses 15,036 17,555
Slide 15: Financial Highlights
Financial Highlights Ratios Financials 3Q07 2007 3Q08 (USD mn) 3Q07 2007 3Q08 CAR 24.0 % 27.6 % 23.7 % Assets 4,552 4,195 4,211 Free Capital 10.2 % 9.9 % 10.3 % Liquid 1,608 1,530 1,491 Assets Cost to 21.5 % 18.9 % 20.5 % Loans 2,187 2,393 2,489 income NIM 3.4 % 3.4% 4.0 % Partic. 144 181 142 ROAE 1
Slide 16: Investment Banking-1
Investment Banking‐1 Corporate Finance – Scope of Business Corporate Finance Scope of Business Privatization of Turkish Privatization of İskenderun AKSA Power Generation VARYAP Real Estate Strategic Highways&Bridges Sell-Side or Buy-Side Advisory TCDD Port Equities-Fixed Income Public Offering Strat
Slide 17: Investment Banking-2
Investment Banking-2 ¾ Securities department supplies high net worth individuals with tailor-made sophisticated Income Composition financial products that are designed with a Repo p global perspective, and augments the cross- T-Bills & Bo nds selling matrix of the bank. Equity Mutual Funds Sec.back.
Slide 18: TSKB Appendices
TSKB APPENDICES
Slide 19: TSKB's Fitch and Moody's Ratings
TSKB’s Fitch Ratings (Sept 2008) TSKB’s Moody’s Ratings (Jan 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 Baa1/P2
Slide 20: Awards
Awards 2008 Financial Times: “Sustainable Bank of the Year – Eastern Europe Region” 2008 Euromoney: “European Transport Deal of the Year” for Mersin Port 2008 Euromoney: “European Renewables Geothermal D l off th Deal the Year” Y ” for f Gurmat G t 2008 Euromoney: “Project Finance of the Year” 2008
Slide 21: Certificate
Certificate CERTIFICATE The TUV CERT Certification Body of TUV Rheinland Industrie Service GmbH certifies in accordance with TUV CERT procedures that TSB TURKIYE SINAi KALKINMA BANKASI A.S. MECLisi MEBUSAN CADDESI, 161 FINDIKLVISTANBUL TURKEY has established and applies an environmental management s
Slide 22: Contacts
Contacts 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 22
Slide 23: 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
Türkiye Sınai Kalkınma Bankası A.Ş. (TSKB) — Q3 2008 Earnings Presentation on 6ix