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Financial Information and Risk Management
Türkiye İş Bankası A.Ş.
Notes to the Consolidated Financial Statements
for the Year Ended 31 December 2015
b. Disclosures for the Group’s risk group:
b.1. The relations of the Group with corporations in its risk group and under its control regardless of any transactions between the parties:
All types of corporate and retail banking services are provided to these corporations in line with the articles of Banking Law.
b.2. The type and amount of transaction carried out, and its ratio to the overall transaction volume, values of principal items and their ratios to overall items, pricing policy and other
items in addition to the structure of the relationship:
The transactions carried out are mainly loan and deposit transactions. The ratio of loans extended to the risk group to the overall loans is 0.17%, while the ratio to the overall assets is
0.10% the ratio of deposits of the risk group corporations to the overall deposits is 2.27%, while the ratio to overall liabilities is 1.07%. The same pricing policy with third parties is used
for the financial services provided to companies in the Parent Bank’s risk group.
b.3. Purchase and sale of real estates, other assets and services, agency agreements, finance lease contracts, transfer of information obtained through research and development,
license agreements, funding (including loans and provision of support as cash capital or capital-in-kind), guarantees and collaterals, and management agreements:
The Bank’s branches act as agents for Anadolu Anonim Türk Sigorta Şirketi and Anadolu Hayat Emeklilik A.Ş. Furthermore, through its branches the Bank also acts as agent for İş
YatırımMenkul Değerler A.Ş. and İş Portföy Yönetimi A.Ş. all mutual funds which were founded by the Bank and managed by İş Portföy Yönetimi A.Ş., has been transferred to İş Portföy
Yönetimi A.Ş. on 9 July 2015 as per Capital Market Law numbered 6362. Within the context of same law, mutual funds established by İş YatırımMenkul Değerler A.Ş. and Yatırım
Finansman Menkul Değerler A.Ş. are also transferred to İş Portföy Yönetimi A.Ş. 22 mutual funds which are founded by the Anadolu Hayat Emeklilik A.Ş. are managed by İş Portföy
Yönetimi A.Ş.
If requested, cash and non-cash loan requirements of corporations within the risk group are met in accordance with the limits imposed by the Banking Law and the prevailing market
conditions.
c. Total salaries and similar benefits paid to the key management personnel
In the current period, the net payment provided to the key management of Group amounts TL 65,176 (31 December 2014: TL 57,934).
VIII. DISCLOSURES ON THE GROUP’S DOMESTIC, FOREIGN, OFF-SHORE BRANCHES OR PARTICIPATIONS AND REPRESENTATIVE OFFICES
The Parent Bank – Türkiye İş Bankası A.Ş.
Number
Employees
Domestic Branches
(1)
1,354
24,877
Country of Incorporation
Foreign Representative Offices
1
2
China
1
2
Egypt
Total Assets
Legal Capital
Foreign Branches
2
37
England
11,969,180
422
16
179
TRNC
1,740,847
80,000
2
33
Iraq
717,481
43,422
2
19
Kosovo
194,669
31,100
Off-Shore Branches
1
8
Bahrain
7,558,481
(1)
The Branches located in Free Trade Zones in Turkey are included among domestic branches.
İşbank AG
Number
Employees
Domestic Branches
(1)
13
270
Country of Incorporation
Foreign Representative Offices
Total Assets
Legal Capital
Foreign Branches
1
9
Netherlands
336,047
1
9
France
53,265
1
7
Switzerland
29,535
1
6
Bulgaria
9,770
Off-Shore Branches
(1)
The branches of the company, which is headquartered in Germany, in Germany are shown as domestic branches
