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İŞBANK
ANNUAL REPORT 2014
CORPORATE
PROFILE
Turkey’s Largest Private
Bank
İşbank is Turkey’s largest private
bank with total assets worth
TL 237.8 billion.
As the sector leader in total loans
and shareholders’ equity, İşbank also
maintained its leadership position among
private banks in terms of total assets, total
deposits and branch network.
İşbank continuously works to meet the
needs of nearly 14 million customers quickly
and effectively with extensive service
offerings through Turkey’s largest privately
owned branch network (1,333 domestic
branches) and the banking sector’s largest
domestic ATM network (6,290 ATMs).
A Bank of Many “Firsts”
A Bank that is not a follower of trends
but rather a leader in innovation
At the core of İşbank’s competitive power
since the Bank’s founding is the vision of
developing innovative products, services
and applications in line with global trends.
As a pioneer of savings concept in Turkey
with the introduction of the “Kumbara
(Money Box)” fund for children and the
symbol of business reputation with the
roll out of the country’s first commercial
cheque, İşbank has introduced many
innovations to Turkey, including the first
ATM, the first online branch and the first
mobile banking application.
A Sustainable and Robust
Financial Structure
A robust financial structure that
focuses on sustainable growth and
profitability
Shareholders’ equity totaling TL 29.3
billion has supported the expansion in
İşbank’s business volume and has been
instrumental in enabling the Bank to
pursue its investments. As of year-end
2014, İşbank’s capital adequacy ratio stood
at 16%, significantly above regulatory
requirements.
İşbank adopted a provisioning policy
according to the legally required ratios
stipulated by the Banking Regulation and
Supervision Agency (BRSA) for non-
performing loans. As of year-end 2014,
İşbank’s NPL coverage ratio was 76.9%,
above the Turkish banking sector.
Continuing to support customers under all circumstances
and all times with an extensive branch network and
alternative distribution channels that become more and
more efficient each day, İşbank serves about 14million
customers through a widespread service network.