12 İşbank
Annual Report 2015
Supporting the economy and the real
sector for 91 years
Since its founding, İşbank has been the most
important supporter of Turkey’s economy
and the real sector. Our Bank retained its
understanding in this regard even in times of
economic crises and supported artisans, micro
businesses, SMEs, commercial and corporate
companies, large-scale investments and in
brief, every type of tradesman.
Our commercial loans volume totaled TL 130.2
billion at end-2015, and we achieved a market
share of 12.5% in this segment, sustaining our
leading position among private banks. Besides,
the total amount of loans provided to SMEs,
which drive the Turkish economy, amounted to
TL 42.2 billion. These results are the outcome
of our business understanding that is based on
our commercial identity, vision and mission.
Our approach in this regard also covers the
financing needs of individual households. We
continue to effectively respond to the needs
of our customers by providing themwith cash,
housing and auto loans. Our Bank’s consumer
loans portfolio expanded by 9.3% to TL 36.4
billion in 2015.
Esteemed shareholders, customers, employees
and business partners of İşbank,
İşbank successfully concluded fiscal
year 2015, a period dominated by
uncertainties.
İşbank once again achieved its targets to a
great extent in 2015, a year of fluctuations in
financial markets and domestic uncertainty.
During this period, our Bank continued to
pursue a problem-free and sustainable growth
policy, thus maintaining its standing as Turkey’s
largest private bank. In 2015, İşbank’s total
assets increased 16% to TL 275.7 billion
compared to the same period of the previous
year, while the Bank’s shareholders’ equity rose
to TL 32 billion.
İşbank achieved an increase of 14% in total
loans as of end-2015, increasing its total loans
to TL 177 billion. While the Bank did grow its
loans during 2015, a relatively difficult year in
terms of economic outlook, it did not sacrifice
asset quality. The non-performing loan ratio
of the Bank as of the end of the year was at
2.0%, considerably below the sector average.
As a result, İşbank continued to outperform the
sector in 2015 in terms of NPL ratio in all loan
types.
CEO’s
Message
For the upcoming three
years, the Bank’s former
target of becoming
“Turkey’s Best Multi
Channel Bank” has been
expanded to “Turkey’s
Best Digital Bank” by
moving a step further.
