Sekerbank T.a.s. · BIST:SKBNK
Sekerbank T.a.s — FY2024 Earnings Presentation
16 slides from Sekerbank T.a.s's earnings presentation, Dec 31, 2024
Slide 1: Financial Results as of December 31, 2024
FINANCIAL RESULTS as of December 31, 2024 0
Slide 2: 71 years of experience with niche positioning in ESG banking
71 years of experience with niche positioning in ESG banking Key Strengths Well established branch network Widespread long term DFI funding throughout Türkiye 239 branches & 7 regional offices Pioneering role in ESG banking Deep know-how in SME and • 100% of the DFI funding Agricultural banking • Fi
Slide 3: Şekerbank Positioning in the Sector
Şekerbank Positioning in the Sector 1 Deep Expertise in SME 2 Widespread Deposit Structure 3 Strong Asset Quality and Agricultural Banking Share of Savings Deposits covered by SDIF Insurance guarantee2 Non-performing Loans to Gross Loans1 SME Loans to Total Loans1 58.9% 47.8% 2.2% 39.1% 38.1% 37.5%
Slide 4: Diversified and TL Dominated Loan Portfolio
Diversified and TL Dominated Loan Portfolio Total Gross Loans1 TL Loans1 FC Loans1 ($) Sector: 37.5% Sector: 28.5% Sector: 30.5% -27% +42% +49% +9% +20% +22% $770 64.1 42.5 Mn $565 $614 37.8 45.2 TL Bn 28.6 TL Bn Mn 23.4 Mn TL Bn TL Bn TL Bn TL Bn 2022 2023 2024 2022 2023 2024 2022 2023 2024 Currenc
Slide 5: High Discipline in Maintaining Strong Asset Quality
High Discipline in Maintaining Strong Asset Quality The sound asset quality has been maintained thanks to lower cost of risk with the help of advanced SME & Agro underwriting/ monitoring systems and also steady NPL collection performance. NPL Ratio Development NPL Volume Development +53% TL Million
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 9.7 TL Bn $250 Mn Fair Value Through 0.2% Comprehensive Income Profit
Slide 7: Solid Liquidity and Wide-spread Deposit Structure
Solid Liquidity and Wide-spread Deposit Structure Broad-based and sticky deposit base for both TL and FX deposits, where 65% of customer deposits is composed of retail segment deposits thanks to the widespread branch network throughout the country. Total deposits1 Currency Distribution of Deposit1 T
Slide 8: 100% ESG Related Foreign Borrowings Structure
100% ESG Related Foreign Borrowings Structure Wide-spread deposit portfolio has been further strengthened by obtaining long term ESG based IFI loans Foreign Borrowings Breakdown by Purposes1 ▪ The Bank signed a loan agreement in 2023 with US. 2024 26.7% 5.7% 49.1% 18.4% International Development Fin
Slide 9: Profitability and Capital Ratios
Profitability and Capital Ratios The Bank’s capital ratios have been at the satisfactory levels with the contribution of its internal capital generation and also TL dominated widespread loan portfolio. The Bank has also increased its paid-in capital by 34% in 2024 and the capital ratios have strengt
Slide 10: Appendix
AP P E N D I X 9
Slide 11: Consolidated Balance Sheet
10 CONSOLIDATED BALANCE SHEET TL Mn 2022 2023 2024 Cash and balances with Central Bank 10,632 12,021 13,637 Securities portfolio (net) 12,191 12,838 18,706 Deposits with banks 1,376 2,077 1,808 Money market placements 220 6,098 14,292 Loans and receivables (including factoring and leases) 37,786 45,
Slide 12: Consolidated Income Statement
1 1 CONSOLIDATED INCOME STATEMENT TL Mn 2022 2023 2024 Interest Income 9,071 12,620 24,818 Interest Expense (-) 4,267 6,491 16,553 Net Interest Income 4,804 6,129 8,265 Net Fee And Commission Income 476 939 754 Dividend Income 27 10 4 Trading Income (Net) 20 525 (316) Total Other Operating Income 1,
Slide 13: 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 14: Contact Details
CONTACT DETAILS Fatma Nur Çetinel Executive Vice President Treasury and Financial Institutions Ayben Akyürük Department Head Investor Relations and Structured Finance Tel: +90 212 319 71 57 ayben.akyuruk@sekerbank.com.tr 13
Slide 15: 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
Slide 16: Sekerbank
Sekerbank &