Sekerbank T.a.s. · BIST:SKBNK
Sekerbank T.a.s — Q3 2024 Earnings Presentation
16 slides from Sekerbank T.a.s's earnings presentation, Sep 30, 2024
Slide 1: Financial Results as of September 30, 2024
FINANCIAL RESULTS as of September 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% 6.68% 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 Sa
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 8.5 TL Bn $197 Mn $191 Mn Comprehensive
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 71% 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 Tota
Slide 8: 100% ESG Related Foreign Borrowings Structure
100% ESG RELATED FOREIGN BORROWINGS STRUCTURE ▪ DFC, EBRD, FMO, TSKB & IBRD and Incofin ▪ 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. ▪ The Bank signed a loan agreement
Slide 9: Sustainable Profitability and Robust Capital Ratios
SUSTAINABLE PROFITABILITY AND ROBUST CAPITAL RATIOS ▪ The Bank has maintained high level capital ratios significantly above sector averages. ▪ The Bank finalized its paid-in capital increase process in July and with the 34% increase, the capital ratios have strengthened even further. Net Profit Shar
Slide 10: Appendix
APPENDIX 9
Slide 11: Consolidated Balance Sheet
10 CONSOLIDATED BALANCE SHEET TL Mn 2021 2022 2023 Q1 2024 Q2 2024 Q3 2024 Cash and balances with Central Bank 10,219 10,632 12,021 19,884 21,671 23,275 Securities portfolio (net) 6,150 12,191 12,838 14,649 14,329 15,472 Deposits with banks 1,520 1,376 2,077 1,411 1,415 1,683 Money market placements
Slide 12: Consolidated Income Statement
1 1 CONSOLIDATED INCOME STATEMENT TL Mn 2021 2022 2023 Q3 2023 Q3 2024 Interest Income 5,141 9,071 12,620 8,051 17,172 Interest Expense (-) 3,073 4,267 6,491 4,075 11,254 Net Interest Income 2,068 4,804 6,129 3,976 5,918 Net Fee And Commission Income 455 476 939 810 512 Dividend Income 11 27 10 0 4
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 Rating Agencies Şekerbank Is Involved In
INDEXES, INITIATIVES AND SUSTAINABILITY RATING AGENCIES ŞEKERBANK IS INVOLVED IN SUSTAINABILITY RATING INDEXES INITIATIVES SUSTAINABILITY REPORTING ORGANIZATIONS United Nations Science Based Carbon Disclosure London Stock Integrated Borsa Istanbul Women’s Empowerment Value Reporting Global Targets P
Slide 15: Contact Details
CONTACT DETAILS Sekerbank T.A.Ş. Fatma Nur Çetinel Executive Vice President Treasury and Financial Institutions Investor Relations & Structured Finance Ayben Akyürük Department Head Investor Relations and Structured Finance Tel: +90 212 319 71 57 ayben.akyuruk@sekerbank.com.tr 14
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