Financial Institutions

  • Financial Highlights
Overview of Financial Status


As of the end of 2019 the Bank's total assets increased by 32.61% to reach TRY 18,409 million since the end of the previous year. In terms of USD; the Bank's total assets increased by 17.89% from $ 2.629 billion at the end of 2018 to $ 3.099 billion by the end of 2019. As of the end of 2019, the Bank recorded a net profit of TRY 410.7 million, which constitutes a 7.60% increase compared to the end of 2018.

While the return on average assets based on net gain
was 3.06% in 2018, this ratio stood at 2.54% in 2019.

In
2019, return on average equity was 22.37% and in 2018, it was 27.29%. By the end of 2019, the Bank's equity grew by TRY 524 million to reach TRY 2,098 million. Thus further strengthening its equity structure, Aktif Bank recorded a capital adequacy ratio of 14.85%.

In 20
19, the Bank continued to manage its loan portfolio with an optimal risk-return balance and met customers' funding needs of various maturities with the most convenient conditions. Loans and financial lease transactions grew by 9.63% in 2019 to reach TRY 7,568 million. The Bank holds non-cash loans worth TRY 1,485 million. Despite the economic fluctuations, the Bank's rational and balanced risk management policies enabled restricting the ratio of non-performing loans to only 4.05% within all loans.


Untitled Document

FINANCIALS                                                                                                                                                        

​​​20192018Change
BALANCES WITH BANKS & MONEY MARKET PLACEMENTS3.015.819
265.6651035,20%
FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFİT OR LOSS449.007488.030
-8,00%
INVESTMENT SECURITIES (NET)
3.914.090​​2.337.493
​67,45%
LOANS & FACTORING RECEIVABLES (NET)
7.568.126
6.903.543
9,63%
SHAREHOLDERS' EQUITY
2.097.840
6,903,543
33,27%
TOTAL ASSETS
18.409.08113.882.523
32,61%
GUARANTEES AND INDEMNITIES
1.485.218
1,232.225
20,53%
NET INTEREST INCOME
526.776
425.57423,78%
NET FEE AND COMMISSION INCOME
73.009
98.614
-25,96%
PROFIT BEFORE TAXES
512.007480.450
6,57%
PROVISION FOR TAXES ON INCOME
-101.344
-98.7782,60%
NET PROFIT
410.663381.6727,60%

 ​

PERFORMANCE RATIOS

20192018
 
  
CAPITAL ADEQUACY STANDARD RATIO14,85%12,87%
RETURN ON AVERAGE EQUITY22,37%27,29%
RETURN ON AVERAGE ASSETS (PROFIT BEFORE TAX BASIS)3,17%3,85%
RETURN ON AVERAGE ASSETS (NET PROFIT BASIS)2,54%3,06%
NET FEE AND COMMISSION INCOME / OPERATING COSTS7,60%12,39%
FIXED ASSETS (NET) / AVERAGE EQUITY47,91%52,52%
NON-PERFORMING LOANS / TOTAL LOANS4,05%3,82%
INTEREST INCOMES / INTEREST EXPENDITURES140,80%146,90%
YIELDING ASSETS / TOTAL ASSETS81,19%72,00%


INANCIALS

 

                                                                                                                                                                                                                                        

2015

2014

Change

BALANCES WITH BANKS & MONEY MARKET PLACEMENTS

216,299

155,337

39%

TRADING SECURITIES (NET)

9,271

4,251

118%

INVESTMENT SECURITIES (NET)

930,741

887,838

5%

LOANS & FACTORING RECEIVABLES (NET)

4,638,261

3,983,292

16%

FINANCIAL LEASE RECEIVABLES (NET)

-

-

-

SHAREHOLDERS’ EQUITY

879,915

886,604

-1%

TOTAL ASSETS

7,556,649

6,251,827

21%

GUARANTEES AND INDEMNITIES

631,362

991,109

-36%

NET INTEREST INCOME

307,398

238,622

29%

NET FEE AND COMMISSION INCOME

59,148

33,863

75%

PROFIT BEFORE TAXES

52,120

41,439

26%

PROVISION FOR TAXES ON INCOME

-26,153

-7,714

239%

 

 

 

 

NET PROFIT

25,967

33,725

-23%

 

 

 

PERFORMANCE RATIOS

2015

2014

 

 

 

CAPITAL ADEQUACY STANDARD RATIO

13.60%

12.73%

RETURN ON AVERAGE EQUITY

2.94%

3.91%

RETURN ON AVERAGE ASSETS (PROFIT BEFORE TAX BASIS)

0.75%

0.73%

RETURN ON AVERAGE ASSETS (NET PROFIT BASIS)

0.38%

0.59%

NET FEE AND COMMISSION INCOME / OPERATING COSTS

10.31%

9,51%

FIXED ASSETS (NET) / AVERAGE EQUITY

40.27%

34.42%

NON-PERFORMING LOANS / TOTAL LOANS

1.99%

3.01%

INTEREST INCOMES / INTEREST EXPENDITURES

180.19%

174.02%

YIELDING ASSETS / TOTAL ASSETS

76.68%

80.47%