222 İşbank
Annual Report 2015
Türkiye İş Bankası A.Ş.
Notes to the Consolidated Financial Statements
for the Year Ended 31 December 2015
e.10.3.
Information on the Group’s 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
36,505
164,767
504,720
Specific Provisions (-)
7,783
83,119
504,720
Net Balance on Balance Sheet
(1)
28,722
81,648
Prior Period:
Period Ending Balance
13,564
34,125
419,332
Specific Provisions (-)
3,076
18,254
419,332
Net Balance on Balance Sheet
(1)
10,488
15,871
(1)
In addition to the loans extended in foreign currency, loans which are monitored in Turkish Lira are included
e.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)
452,762
458,173
117,433
Loans to Individuals and Corporate (Gross)
569,563
924,153
2,363,723
Specific Provisions (-)
116,801
465,980
2,246,290
Loans to Individuals and Corporate (Net)
452,762
458,173
117,433
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)
305,900
264,183
124,713
Loans to Individuals and Corporate (Gross)
384,519
533,476
1,726,580
Specific Provisions (-)
78,619
269,293
1,601,867
Loans to Individuals and Corporate (Net)
305,900
264,183
124,713
Banks (Gross)
87
Specific Provisions (-)
87
Banks (Net)
Other Loans and Receivables (Gross)
54,839
Specific Provisions (-)
54,839
Other Loans and Receivables (Net)
e.11. 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.
e.12. Explanations 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.
f. Held to Maturity Investments:
f.1. Information on held to maturity investments, which are given as collateral or blocked:
As of 31 December 2015, held to maturity investments, which are given as collateral or blocked amount to TL 161,812 (31 December 2014: TL 447,605).
f.2. Information on held to maturity investments, which are subject to repurchase agreements:
As of 31 December 2015, assets held to maturity, which are subject to repurchase agreements amount to TL 2,723,082 (31 December 2014: TL 348,913).
f.3. Information on government securities held to maturity:
Current Period
Prior Period
Government Bonds
4,310,652
1,307,192
Treasury Bills
Other Public Debt Securities
Total
4,310,652
1,307,192
