Türkiye İş Bankası A.Ş.
Notes to the Unconsolidated Financial Statements
for the Year Ended 31 December 2015
140 İşbank
Annual Report 2015
f.10.3.
Information on foreign currency non-performing loans and other receivables:
Group III
Group IV
Group V
Loans and Receivables with
Limited Collectability
Loans and Receivables with
Doubtful Collectability
Uncollectible Loans and
Other Receivables
Current Period:
Period Ending Balance
23,156
161,653
398,438
Specific Provisions (-)
5,114
81,562
398,438
Net Balance on Balance Sheet
(1)
18,042
80,091
Prior Period:
Period Ending Balance
7,560
25,072
314,816
Specific Provisions (-)
1,875
13,728
314,816
Net Balance on Balance Sheet
(1)
5,685
11,344
(1)
In addition to the loans extended in foreign currency, loans which are monitored in Turkish Lira are included.
f.10.4.
Information on gross and net non-performing loans and receivables as per customer categories:
Group III
Group IV
Group V
Loans and Receivables with
Limited Collectability
Loans and Receivables with
Doubtful Collectability
Uncollectible Loans and
Other Receivables
Current Period (Net)
440,520
456,616
Loans to Individuals and Corporate (Gross)
554,262
921,039
2,065,596
Specific Provisions (-)
113,742
464,423
2,065,596
Loans to Individuals and Corporate (Net)
440,520
456,616
Banks (Gross)
Specific Provisions (-)
Banks (Net)
Other Loans and Receivables (Gross)
62,792
Specific Provisions (-)
62,792
Other Loans and Receivables (Net)
Prior Period (Net)
299,124
259,656
Loans to Individuals and Corporate (Gross)
376,049
524,423
1,465,260
Specific Provisions (-)
76,925
264,767
1,465,260
Loans to Individuals and Corporate (Net)
299,124
259,656
Banks (Gross)
Specific Provisions (-)
Banks (Net)
Other Loans and Receivables (Gross)
54,839
Specific Provisions (-)
54,839
Other Loans and Receivables (Net)
f.10.5.
Main principles of liquidating for uncollectible loans and other receivables:
In order to ensure the liquidation of non-performing loans, all possibilities evaluated to ensure maximum collection according to the legislation. First of all, administrative initiatives are
taken to deal with the borrower. Collection through legal proceedings used if there is no possibility of collection and configuration with the interviews for other receivables.
f.10.6.
Information on write-off policy:
The Bank’s general policy for write-offs of loans and receivables under follow-up is to write of such loans and receivables that are proven to be uncollectible in legal follow-up process
within the instructions of Tax Procedure Law.
g. Held to Maturity Investments:
g.1. Held to maturity investments given as collateral or blocked:
Held to maturity investments given as collateral or blocked amount to TL 146,257 as at 31 December 2015 (31 December 2014: TL 373,935).
g.2. Held to maturity investments subject to repurchase agreements:
Held to maturity investments, which are subject to repurchase agreements amount to TL 2,008,853 as at 31 December 2015 (31 December 2014: TL 348,913).
g.3. Information on government securities held to maturity:
Current Period
Prior Period
Government Bonds
3,414,877
1,226,442
Treasury Bills
Other Public Debt Securities
Total
3,414,877
1,226,442
