Financial Institutions

  • Financial Highlights
EVALUATION OF FINANCIAL STATUS

As of the end of 2018 the Bank's total assets increased by 25.40% to reach TRY 13,882.5 million since the end of the previous year In terms of USD; the Bank's asset size of USD 2,935 million as of the end of 2017 shrunk by 10.44% due to the sudden increase in the exchange rate in 2018 to USD 2,629 million. As of the end of 2018, the Bank recorded a net profit of TRY 381.7 million, which constitutes a 63.23% increase compared to the end of 2017. The average return on assets based on net profits rate of 2.28% as of the end of 2017 increased to 3.06% in 2018. In 2018, average return on equity increased from 21.19% to 27.29% over the previous period.

By the end of 2018, the Bank's equity grew by TRY 351 million to reach TRY 1,574 million. Thus further strengthening its equity structure, Aktif Bank recorded a capital adequacy ratio of 12.87%.

In 2018, 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 5.57% in 2018 to reach TRY 6,904 million. The Bank holds non-cash loans worth TRY 1,232.2 million. Despite the global economic crisis and its negative impact, the Bank's rational and balanced risk management policies enabled restricting the ratio of non-performing loans to only 3.82% within all loans.


Untitled Document

FINANCIALS                                                                                                                                                        

​​​20182017Change
BALANCES WITH BANKS & MONEY MARKET PLACEMENTS265,665154,16672%
TRADING SECURITIES (NET)-
51,956-100%
FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFİT OR LOSS
​488,030
​-
​100%
INVESTMENT SECURITIES (NET) 2,337,4931,564,81749%
LOANS & FACTORING RECEIVABLES (NET)6,903,5436,539,4776%
SHAREHOLDERS' EQUITY
1,547,102
1,222,950
29%
TOTAL ASSETS
13,882,52311,070,991
25%
GUARANTEES AND INDEMNITIES
1,232,2251,308,957-6%
NET INTEREST INCOME
425,574570,519-25%
NET FEE AND COMMISSION INCOME
98,614
174,782-44%
PROFIT BEFORE TAXES
480,450310,76555%
PROVISION FOR TAXES ON INCOME
-98,778
-76,93828%
NET PROFIT
381,672233,82763%
 
  
 

 ​

PERFORMANCE RATIOS

20182017
 
  
CAPITAL ADEQUACY STANDARD RATIO12.87%13.37%
RETURN ON AVERAGE EQUITY27.29%21.19%
RETURN ON AVERAGE ASSETS (PROFIT BEFORE TAX BASIS)3.85%3.02%
RETURN ON AVERAGE ASSETS (NET PROFIT BASIS)3.06%2.28%
NET FEE AND COMMISSION INCOME / OPERATING COSTS12.39%19.52%
FIXED ASSETS (NET) / AVERAGE EQUITY52.52%36.27%
NON-PERFORMING LOANS / TOTAL LOANS3.82%2.86%
INTEREST INCOMES / INTEREST EXPENDITURES146.90%226.50%
YIELDING ASSETS / TOTAL ASSETS72.00%75.14%


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%