189
Financial Information and Risk Management
Türkiye İş Bankası A.Ş.
Notes to the Consolidated Financial Statements
for the Year Ended 31 December 2015
Information on the provisional application elements in the calculation of equity:
The Parent Bank
Consolidated
Amount recognized in
regulatory capital
Total
Amount recognized in
regulatory capital
Total
Minority Interest in Tier I Capital
2,881,353
4,561,184
Shares of Third Parties in Additional Core Capital
255,841
Shares of Third Parties in Tier II Capital
341,122
Directly issued qualifying Additional Tier 1 instruments (approved by the
regulators) plus related stock surplus (Issued or Obtained before 01.01.2014)
2,915,640
4,011,000
2,915,640
4,155,750
Details on Subordinated Liabilities:
Issuer
Türkiye İş Bankası A.Ş.
Türkiye İş Bankası A.Ş.
Unique identifier (e.g. CUSIP, ISIN or Bloomberg identifier for private placement)
US900151AB70 - XS0847042024
US900151AF84 - XS1003016018
Governing law(s) of the instrument
With the exception of certain substances will
be subject to Turkish law is subject to English
law. The BRSA dated 1 November 2006 and
published in Official Gazette No. 26333 on
the Equity of the Bank were issued under the
Regulation.
With the exception of certain substances
will be subject to Turkish law is subject to
English law. The BRSA dated 1 November
2006 and published in Official Gazette
No. 26333 on the Equity of the Bank were
issued under the Regulation.
Regulatory treatment
Transitional Basel III rules
Yes
Yes
Eligible at stand-alone / consolidated
Unconsolidated -Consolidated
Unconsolidated –Consolidated
Instrument type (types to be specified by each jurisdiction)
Bond
Bond
Amount recognized in regulatory capital (Currency in mil, as of most recent
reporting date)
2,083
833
Par value of instrument (Million TL)
2,865
1,146
Accounting classification
Subordinated Liabilities
Subordinated Liabilities
Original date of issuance
24.10.2012
10.12.2013
Perpetual or dated
Dated
Dated
Original maturity date
10 years
10 years
Issuer call subject to prior supervisory approval
Yes
Yes
Optional call date, contingent call dates and redemption amount
The Bank ; (1) provided that subject to having
obtained the prior approval of the BRSA and
the date which may not be earlier than fifth
anniversary of the Issue Date a) can purchase
b) can redeem all bonds if any taxes imposed or
levied (2) can redeem all bonds in case of the
deduction from equity.
The Bank ; (1) provided that subject to
having obtained the prior approval of the
BRSA and the date which may not be earlier
than fifth anniversary of the Issue Date a)
can purchase b) can redeem all bonds if any
taxes imposed or levied (2) can redeem all
bonds in case of the deduction from equity.
Subsequent call dates, if applicable
None
None
Coupons / dividends
Fixed or floating dividend/coupon
Fixed
Fixed
Coupon rate and any related index
6%
7.85%
Existence of a dividend stopper
None
None
Fully discretionary, partially discretionary or mandatory
None
None
Existence of step up or other incentive to redeem
None
None
Noncumulative or cumulative
Noncumulative
Noncumulative
Convertible or non-convertible
None
None
If convertible, conversion trigger (s)
If convertible, fully or partially
If convertible, conversion rate
If convertible, mandatory or optional conversion
If convertible, specify instrument type convertible into
If convertible, specify issuer of instrument it converts into
Write-down feature
None
None
If write-down, write-down trigger(s)
If write-down, full or partial
If write-down, permanent or temporary
If temporary write-down, description of write-up mechanism
Position in subordination hierarchy in liquidation (specify instrument type immediately
senior to instrument)
Paid before shares and the primary of
subordinated debt and after all the other debts.
Paid before shares and the primary of
subordinated debt and after all the other
debts.
In compliance with article number 7 and 8 of “Own fund regulation”
None
None
Details of incompliances with article number 7 and 8 of “Own fund regulation”
Don't vest with the conditions stated in clause of
the Article 7 and the clause of 8.2. (ğ)
Don't vest with the conditions stated in
clause of the Article 7 and the clause of
8.2. (ğ)
