Icbc Turkey Bank Anonim Sirketi · BIST:ICBCT

Icbc Turkey Bank Anonim Sirketi — ICBC Turkey Bank — FY2013 Earnings Presentation

19 slides from Icbc Turkey Bank Anonim Sirketi's earnings presentation, Dec 31, 2013

  1. Slide 1: Earnings Presentation December 31, 2013 / BRSA Bank-Only

    Earnings Presentation December 31, 2013 / BRSA Bank-Only 1

  2. Slide 2: Macroeconomic environment in 4Q 2013

    Macroeconomic environment in 4Q 2013...  Capital inflow forecasts to emerging markets deteriorated futher, following Fed’s decision to push the button on tapering in December  TL weakened faster than other emerging markets, due to higher political risk after mid-December  Inflation remained high

  3. Slide 3: Headquarter sell off had reshaped balance sheet in 3Q

    Headquarter sell off had reshaped balance sheet in 3Q Highlights of 4Q 2013:  Conservative balance sheet management approach has prevailed  Net interest income recovered in the last quarter  Net income was hit by the provisions  Headquarter building was sold for US$62.7mn (TL125mn) in September,

  4. Slide 4: Looking into 2014

    Looking into 2014 Macroeconomy Banking Sector Tekstilbank  Lower macroeconomic growth,  Slower macroeconomic growth,  Conservative growth approach probably below 3%, hit by the and restrictions on credit card will continue lower capital inflows, measures taken by the BRSA, and higher installments

  5. Slide 5: A modest balance sheet growth

    A modest balance sheet growth Composition of Assets Total Assets (TLmn) CAGR 04-07: YoY: 4.7% 35% 3,677 3,598 3,645 3,730 3,849 3.2% 16.6% 18.8% 18.8% 16.7% 15.5% 3.2% 1.7% 2.0% 2.0% 1.4% 9.0% 10.8% 10.5% 8.7% 9.7% 2012 Mar 13 Jun 13 Sep 13 2013 71.2% 72.1% Currency Composition of Assets* 70.5% 70.8

  6. Slide 6: FX cash loans increased by 8.4%

    FX cash loans increased by 8.4% Total Cash Loans (TLmn) TL Cash Loans* (TLmn) YoY: 5.9% YoY: 7.4% 2,641 2,773 1,945 2,618 2,537 2,554 1,810 1,833 1,913 1,704 5.0% 1.7% Loans / Customer Deposits 122.4% 109.8% 103.2% 107.4% 2012 Mar 13 Jun 13 Sep 13 2013 98.4% 2012 Mar 13 Jun 13 Sep 13 2013 Currency B

  7. Slide 7: F/X deposits recovered in the last quarter

    F/X deposits recovered in the last quarter Composition of Liabilities Total Deposits* (TLmn) TL Deposits* (TLmn) & SHE YoY: -5.1% YoY: -17% 2,662 1,508 2,459 2,526 1,318 2,377 2,158 1,240 1,239 1,254 3% 4% 4% 4% 3% 17% 1.1% 16% 16% 16% 16% 16% 9% 12% 15% 16% 22% 2012 Mar 13 Jun 13 Sep 13 2013 2012 M

  8. Slide 8: CAR remained strong at 17.4%

    CAR remained strong at 17.4% Capital Adequacy Ratio (CAR) Free Equity (TLmn) Free Equity / Equity 85.4% 83.7% 18.5% 71.1% 17.4% 17.0% 16.7% 68.1% 16.5% 66.4% 510 513 407 393 377 2012 Mar 13 Jun 13 Sep 13 2013 2012 Mar 13 Jun 13 Sep 13 2013 * Calculated according to BRSA regulations, in line with Bas

  9. Slide 9: NPL ratio retreated marginally

    NPL ratio retreated marginally NPL Ratio NPL Ratio (including non-cash loans) Tekstilbank Market Average Tekstilbank Market Average 5.9% 6.7% 6.3% 6.1% 4.1% 4.6% 4.4% 4.3% 4.9% 3.4% 2.9% 3.0% 2.2% 2.3% 2.7% 2.7% 2.6% 2.1% 2.1% 2.0% 2012 Mar 13 Jun 13 Sep 13 2013 2012 Mar 13 Jun 13 Sep 13 2013 Source

  10. Slide 10: Commercial loans continued to be the main focus of the bank

    Commercial loans continued to be the main focus of the bank Breakdown of Loan Portfolio Breakdown of Retail Loans (TLmn) YoY: 2.7% 394 384 374 371 1.3% 1.3% 1.4% 1.4% 1.4% 371 6.3% 35 13.3% 13.1% 12.7% 13.0% 35 13.4% 34 36 36 196 176 160 164 173 85.4% 85.5% 85.3% 85.9% 85.8% 30 32 30 29 27 144 132 1

  11. Slide 11: F/X non-cash loans expanded

    F/X non-cash loans expanded Total Non-Cash Loans (TLmn) TL Non-Cash Loans (TLmn) Non-Cash / Cash Loans YoY: -3.0% YoY: -16.6% 698 1,248 1,216 1,211 649 622 1,191 1,185 610 582 2.2% -4.5% 2012 Mar 13 Jun 13 Sep 13 2013 47.7% 47.0% 47.6% 2012 Mar 13 Jun 13 Sep 13 2013 44.9% 43.7% Currency Breakdown of

  12. Slide 12: Both interest income and interest expense declined y/y

    Both interest income, and interest expense declined in y/y terms... Interest Income (TLmn) Composition of Interest Income 338 0.4% 0.6% -14% 1.4 292 10.8% 11.0% 36.5 1.7 Other 32.2 Securities 88.4% 88.8% 300.3 Loans 258.4 2012 2013 2012 2013 Interest Expense (TLmn) Composition of Interest Expense 20

  13. Slide 13: ...ending up a better NIM

    ...ending up a better NIM Banking Income (TLmn) Adjusted Net Interest Margin* (Quarterly) 216 20% 180 63.5 15.7 20.4 23.6 5.6% 4.8% 4.6% 3.8% 144.1 129.0 3.6% 4Q12 1Q13 2Q13 3Q13 4Q13 2012 2013 Other Net Fees Adj.NII (by FX and trading gain / loss) * Premises sell off in 3Q 2013 was recorded under b

  14. Slide 14: OPEX contracted in real terms

    OPEX contracted in real terms Operating Expenses (TLmn) Composition of Operating Expenses 112 5% 106 23.2% 26.9% 28.6 10.4% 24.7 11.5% 3.2% 1.8% 11.1 12.2 3.4 1.9 63.2% 64.6% 68.8 67.3 2012 2013 2012 2013 Personnel Depr.& Amort. Personnel Depr.& Amort. Operational Leasing Other Opex Operational Leas

  15. Slide 15: Summary Balance Sheet

    Summary Balance Sheet... Dec 2012 Mar 2013 Jun 2013 Sep 2013 Dec 2013 TL million Cash & Banks 480 467 442 477 526 Total Securities 330 314 354 401 403 Total Cash Loans 2,618 2,537 2,554 2,641 2,773 Fixed Assets & 124 125 122 44 41 Subsidiaries Other 125 155 173 167 105 Total Assets 3,677 3,598 3,645

  16. Slide 16: Summary Income Statement

    Summary Income Statement... 1Q 2013 2Q 2013 3Q 2013 4Q 2013 2012 2013 TL million Interest Income 74.4 71.8 70.1 76.1 338.2 292.4 Loans 65.9 65.2 62.6 64.7 300.3 258.4 Securities 8.2 6.2 7.0 10.8 36.5 32.2 Other 0.3 0.4 0.5 0.6 1.4 1.7 Interest Expense 41.7 37.4 43.3 44.9 203.4 167.3 Deposits 34.4 29

  17. Slide 17: Summary Income Statement (Consolidated)

    Summary Income Statement (Consolidated)... 1Q 2013 2Q 2013 3Q 2013 4Q 2014 2012 2013 TL million Interest Income 75.1 72.6 70.7 77.0 340.8 295.4 Loans 66.4 65.9 63.2 65.4 301.8 260.8 Securities 8.2 6.2 6.9 10.9 36.8 32.2 Other 0.5 0.5 0.6 0.7 2.2 2.3 Interest Expense 41.6 37.4 43.4 44.9 203.3 167.3 D

  18. Slide 18: Disclaimer Statement

    Disclaimer Statement The information, opinions and estimates contained in this document have been compiled or arrived at by Tekstilbank from sources believed to be reliable and in good faith, but no representation or warranty, expressed or implied, is made as to their accuracy, completeness or corre

  19. Slide 19: For further information please contact

    For further information please contact: Investor Relations Phone: +90-212-335-5159 investorrelations@tekstilbank.com.tr www.tekstilbank.com.tr 19

ICBC Turkey Bank — FY2013 Earnings Presentation on 6ix