Financial Highlights

Evaluation of Financial Status


As of the end of 2020 the Bank's total assets increased by 18.95% to reach TRY 21,898 million since the end of the previous year. As of the end of 2020, the Bank recorded a net profit of TRY 560 million, which constitutes a 36.38% increase compared to the end of 2019.

While the return on average assets based on net gain was 2.54% in 2019, this ratio stood at 2.78% in 2020.

In 2020, return on average equity was 23.83% and in 2019, it was 22.37%. By the end of 2020, the Bank's equity grew by TRY 504 million to reach TRY 2,602 million. Thus further strengthening its equity structure, Aktif Bank recorded a capital adequacy ratio of 14.39%.

In 2020, 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 34.46% in 2020 to reach TRY 10,176 million. The Bank holds non-cash loans worth TRY 2,173 million. Despite the economic fluctuations, the Bank's rational and balanced risk management policies enabled restricting the ratio of non-performing loans to only 3.03% within all loans.


Untitled Document

FINANCIALS                                                                                                                                                

​​​20202019Change
INVESTMENT SECURITIES (NET)
6.242.0503.914.090
​59,48%
LOANS & FACTORING RECEIVABLES (NET)
10.176.417
7.568.126
34,46%
SHAREHOLDERS' EQUITY
2.602.044
2.097.840
24,03%
TOTAL ASSETS
21.898.15818.409.081
18,95%
GUARANTEES AND INDEMNITIES
2.117.2881.485.218
42,56%
NET INTEREST INCOME
886.747
526.77668,33%
PROFIT BEFORE TAXES
734.034512.007
43,36%
NET PROFIT
560.047410.66336,38%

 ​

PERFORMANCE RATIOS

20202019
CAPITAL ADEQUACY STANDARD RATIO14,39%14,85%
RETURN ON AVERAGE EQUITY23,83%22,37%
RETURN ON AVERAGE ASSETS (NET PROFIT BASIS)2,78%2,54%
NON-PERFORMING LOANS / TOTAL LOANS3,03%
4,05%
INTEREST INCOMES / INTEREST EXPENDITURES179,05%140,80%
YIELDING ASSETS / TOTAL ASSETS80,35%81,19%


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%