Turkiye Sinai Kalkinma Bankasi A.s. · BIST:TSKB
Turkiye Sinai Kalkinma Bankasi A.s — Türkiye Sınai Kalkınma Bankası A.Ş. (TSKB) — Q2 2022 Earnings Presentation
17 slides from Turkiye Sinai Kalkinma Bankasi A.s's earnings presentation, 2022
Slide 1: Created with a trial version of Syncfusion Essential PDF
Created with a trial version of Syncfusion Essential PDF
Slide 2: 2Q-22 At a Glance
2Q-22 At a Glance + New funding agreement signed with Strong FX li y EBRD f boosted by new + Sustainability-Linked syndication loan ‘unding agreements + ~80% ESG-linked funding + ROE: 40.4% + NIM: 5.7% + Strong fees commission income Profitability above expectations Intact Asset Quality & + NPL: 3.3
Slide 3: 2022YE Guidances vs 2Q22 Results
2022YE Guidances vs 2Q22 Results Financial Guidance (Bank Only) 1H22 (%) Results 2022YE (%) Guidance 2022YE (%) Guidance Revision Growth FX Adjusted Loan Growth Profitability Net Interest Margin (*) Fees & Commissions Growth Return On Equity Efficiency OPEX Growth Cost/Income Ratio Solvency*** Capit
Slide 4: Strong core revenue contribution continues
Strong core revenue contribution continues Net Banking Income-TLmn Net Banking Income vs Provisions - TL mn 3,027 x3 1,406 M2 1,603 times E te 671 735 1,045 377 679 377 653 1.030 9 10-22 20-22 2 y ‘Net Banking income exc,cPi&Trading —1H-21 1H-22 Vy ONG Ate MMI PZ, ‘Trading Gain/Loss Provisions (inc.
Slide 5: Increasing NIM performance trend above expectations
Increasing NIM performance trend above expectations Annualized NIM 50 bps 524% 7 3,94% 4Q-21 1Q-22 5.74% 3.94% 30 bps 3,18% 3,47% 2021 20-22 mCoreNIM =CPI Impact 5,74% 2Q-22 Robust margin expansion continues excluding CPI linkers 2022 October to October CPI valuation assumption is revised to 66.5% f
Slide 6: Income Statement Highlights
Income Statement Highlights TLhmn 1H-21 1H-22 YoY 10-22 | 20-22 | QoQ t Strong Net Interest Income 941.4 2,527.3 168% 1,092.9! 1,434.4! 31% contribution of fees & Trading Income 161.7 591.9 266% 376.5 215.4 } -43% commissions Net Fees & Commissions 35.6 828 133% 316 } 51.2 | 62% Sustainable profitab
Slide 7: Comfortable FX Liquidity and Maturity Profile
Comfortable FX Liquidity and Maturity Profile Funding / Total Liabilities (exc. Equity & Oth.) -USD mn Yearly Multilateral Funding Agreements —- USD mn m Guarenteed DFl Funding New Loan Agreements in 2Q22 sors 50% at Lo DF Funding + EBRD| EUR 53,5 million Securities Issued = Subordinated Debt Syndic
Slide 8: Resilient Asset Composition
Resilient Asset Composition Asset Composition - TL bn Total Loans - TL bn Currency Breakdown 69.6 63.9 64.2 rem > 5.8% 41 3.0. | 94.2% 4.6$ 4.28 4.0$ YY YH Yi 40-21 10-22 20-22 mLoans mSecurities =Cash&MM_ mNon EAs & Other =FXLoans($) = TRY Loans Remaining Average Maturity - 2Q-22 Loans by Currency
Slide 9: Loan sector breakdown
Electricity Generation 43,5% Finance 6,9% Other** 8,7% Electricity/Gas Distr. 6,9% Tourism 6,1% Metal & Machinery 5,5% Health & Education 6,0% Construction & Construction Materials 3,7% Logistics 4,0% • Non-Residential Real Estate 2,1% • Food & Beverage 2,5% • Chemistry & Plastics 2,4% Automotive 1,
Slide 10: Asset quality remains intact, coverages further elevated thanks to strong profitability
Asset quality remains intact, coverages futher elevated thanks to strong profitability @—* Coverage Ratio Stage | Loans 1,2% 1,2% oe 10-22 20-22 Gross Amount Provisions (mio TL) 57,986 667 Stage Il Loans Stage 2 Loans Sector % Tourism 26 Electricity/Gas Distribution 18 Health 16 Electricity Generati
Slide 11: Security Yields
Security Yields TRY Sec. Yield exc. CPI CPI 58,6% • 42,8% • 23,2% 19,6% • 13,0% 16,6% 11,9% 12,8% 13,3% 18,8% 16,4% 17,0% 17,3% 11,8% 13,6% 15,3% 11,9% 12,0% 2Q-20 3Q-20 4Q-20 1Q-21 2Q-21 3Q-21 4Q-21 1Q-22 2Q-22
Slide 12: Strengthened Solvency Metrics above regulatory levels
AP Strengthened Solvency Metrics above regulatory levels Capital Ratios Without BRSA Temporary Measures 14.0% 14.5% 12.0% % TREE 13,3% 8.5% 2021 19-22 20-22 uTier|Ratio =CAR With BRSA Temporary Measures ~ CAR: 17.7% | Tier t 16.5% | CET-1: 12.0% be ost Free Provision Stock Adjusted CAR: 15.3% Tier I
Slide 13: Sustainability Developments — 2Q22
Sustainability Developments — 2Q22 Pathway to Net Zero Climate Risks Evaluation Tool (CRET) 3'd Sustainability-linked Syndicated Loan = Developed in-house My = Quantification of physical and transition risks = Integrated into the credit evaluation criteria and started to submit to the committee = 8
Slide 14: 2S BS Q gf x
2S BS Q gf x
Slide 15: Balance Sheet
As Balance Sheet 31/12/2021 31/03/2022 30/06/2022 mm Th PK TOTAL TL FX TOTAL, TL FX TOTAL Cash and Banks 1,526 3,715 5,241 3,552 6,851 10,403 2,280 5,457 7,738 Securities 5,896 6,730 12,626 6,283 8,493 14,776 7,159 12,711 19,870 Loans (Gross) 4,072 59,830 63,905 2,953 61,294 64,247 4,068 65,530 69,5
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) — Q2 2022 Earnings Presentation on 6ix