Turkiye Sinai Kalkinma Bankasi A.s. · BIST:TSKB
Turkiye Sinai Kalkinma Bankasi A.s — Türkiye Sınai Kalkınma Bankası A.Ş. (TSKB) — Q3 2022 Earnings Presentation
17 slides from Turkiye Sinai Kalkinma Bankasi A.s's earnings presentation, 2022
Slide 1: The Industrial Development Bank of Türkiye - Earnings Presentation 3Q-22
The Industrial Development Bank of Tiirkiye Earnings Presentation 3Q-22 Bank-only Results ESG ESG REGIONAL INDUSTRY TOP RATED TOP RATED Please note that any kind of fecordingincludingbut/notlimited to screenshots, video recording, recording yia external devices etc. of this presentation it's strictl
Slide 2: 3Q-22 At a Glance
3Q-22 At a Glance Intact Asset Quality & Strong FX liqui: Profitability above expectations Sustainable internal capital generation capacity + Further improved asset quality + NPL: down to 3.1% + Transfers from Stage 2 to 1 and from Stage 3 to 2. + FX LCR: 410% + ~80% ESG-linked funding + ROE: 42.5%
Slide 3: 2022YE Guidances vs 3Q-22 Results
2022YE Guidances vs 3Q-22 Results Financial Guidance 9M22 (%) 2022YE (%) (Bank Only) Results Guidance Growth FX Adjusted Loan Growth -8.9 Contraction Profitability Net Interest Margin (*) 6.5 >6 Fees & Commissions Growth W35: ~80 Return On Equity ** 42.5 >40 Efficiency OPEX Growth 98 In line with CP
Slide 4: Strong net banking income expansion continues
Strong net banking income expansion continues Net Banking Income-TLmn Net Banking Income vs Provisions - TL mn 5,192 x3 2,164 + times, 1,603 35% 882 YL 735 1,682 922 CB Ba _ 793 20-22 30-22 9M-21 9M-22 9M-21 9m-22 ‘= Net Banking Income exc. CPl&Trading = Net Banking Income ‘Trading Gain/Loss 1 Provi
Slide 5: Income Statement Highlights
a Income Statement Highlights TLmn Net Interest Income Trading Income Net Fees & Commissions Other Income (Inc. Dividend) Banking Income OPEX (-) Net Banking Income Provisions (-) Income From Participations Tax Provisions (-) Net Profit Based on MIS data 1,681.6 9M-21 9M-22 YoY 2Q-22 1,621.3 4,404.7
Slide 6: Comfortable FX Liquidity and Maturity Profile
Comfortable FX Liquidity and Maturity Profile Funding / Total Liabilities (exc. Equity & Oth.) -USDmn Yearly Multilateral Funding Agreements —- USD mn age ™ Guaranteed DFI Funding = Unguaranteed DFI 20% 21% 22% Funding Securities Issued ™ Subordinated Debt m Syndication & Other |] EJ a 58% 57% ~80%
Slide 7: Resilient Asset Composition
Resilient Asset Composition Asset Composition - TL bn Total Loans - TL bn Currency Breakdown 75.5 69.6 cy > 3% 64.2 3.0 92% 4.2$ 3.8$ 10-22 20-22 30-22 10-22 20-22 30-22 mLoans mSecurities =Cash&MM_ mNon EAs & Other Agung Remaining Average Maturity - Years 3Q-22 Loans by Currency & Type i TRY; 8% AP
Slide 8: Loan sector breakdown
Electricity Generation 42.7% Finance 8.2% Metal & Machinery 7.0% Electricity/Gas Distr. 5.6% Tourism 5.5% Health & Education 4.7% Logistics 4.2% Construction & Construction Materials 3.6% Chemistry & Plastics 2.9% • Food & Beverage 2.7% • Non-Residential Real Estate 2.1% • Automotive 1.3% Telecom &
Slide 9: 2,120 % 44.9 7.2 21.0 21.4 22.2
2,120 % 44.9 69 7 5 7.2 5 21.0 9 21.4 22.2
Slide 10: Security Yields
Security Yields 75.6% TRY Sec. Yield exc. CPI CPI 58.6% • 42.8% • 23.2% • 19.6% 16.6% 13.0% 19.1% 15.3% 16.4% 17.0% 17.3% 18.8% 13.6% 1Q-21 2Q-21 3Q-21 4Q-21 1Q-22 2Q-22 3Q-22
Slide 11: Further enhanced core NIM performance
Further enhanced core NIM performance Annualized NIM 72 bps-» 6.46% 5.74% 5.24% 3.94% a “4 fa fj fj = Robust margin expansion continues excluding CPI linkers = 2022 October to October CPI valuation assumption is revised to 80.8% from 66.5%. = 325 mioTL additional revenue generated from CPI assumptio
Slide 12: Strengthened Solvency Metrics above regulatory levels
Strengthened Solvency Metrics above regulatory levels Capital Ratios Without BRSA Temporary Measures Evolution of RWA and Equity- TL bn Hee 15.6% 14.0% E 91.6 12.0% 81.2 85.0 y 3Q-22 CET-| Ratio: 10.4% 8.5% 12.8% 13.3% 14.4% 75 V4 ee 6p HEE Lees HE | | | mTier|Ratio = CAR errr ere) Soe) With BRSA Te
Slide 13: Sustainability Developments — 3Q22
Sustainability Developments — 3Q22 Net-Zero Banking Alliance (NZBA) launched by UNEP FI We Joined = Announced our commitment and our road-map in October 2022 Net-Zero Banking Alliance 1.5°C ambition of the Paris Agreement ~ ® Alignment of loan and investment portfolio with zero emissions targets by
Slide 14: Appendix
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Slide 15: Balance Sheet
As Balance Sheet Cash and Banks Securities Loans (Gross) Provisions Subsidiaries Other Total ST Funds LT Funds Securities Issued Repo & MM Other Subordinated Debt Equity 9,469 21,430 75,492 4,777 2,450 4,221 108,284 2,766 62,281 20,506 3,746 5,665 3,688 9,632 31/03/2022 30/06/2022 30/09/2022 mo TL F
Slide 16: Detailed Income Statement
16 Detailed Income Statement TLmn Net Interest Income inc. Swap Cost Net Interest Income CPI Linkers Swap Costs (-) Net Commissions Other Income Dividends Other Trading & FX gains/losses FX gains/losses MtM gains/losses Trading gains/losses Banking Income OPEX (-) Net Banking Income ECL (-) Stage |
Slide 17: TSKB Financial Institutions & Investor Relations
TSKB Financial Institutions & Investor Relations TSKB Financial Institutions & Investor Relations ir@tskb.com.tr www.tskb.com Meclisi Mebusan Cad. 81 Findikli 34427 istanbul
Türkiye Sınai Kalkınma Bankası A.Ş. (TSKB) — Q3 2022 Earnings Presentation on 6ix