The banking sector maintained its sound balance sheet
structure and profitability in 2013.
After the soft-landing in Turkish economy that has been
realized in 2012, the stimulation that has begun to be observed
in the year 2013 affected the growth and the profitability of the
banking sector positively. It was monitored that the recovery in
domestic consumption was effective in the pace of loan growth
in the banking sector. On the other hand, indicators such as NPL
ratio and capital adequacy ratio of the sector preserved strong
and reassuring levels despite the growth in the loan volume.
The Central Bank’s recent monetary policies slightly raised the
funding costs in the sector. However, our sector effectively
utilized the opportunities to create alternative sources such as
issuance of securities in addition to deposits and syndication
loans with funding purposes and supported the steady growth.
Esteemed Stakeholders,
After having evaluated the global and the national economy,
I would like to share my ideas on our Bank’s current position and
the future.
İşbank is the leader.
According to the main performance indicators, İşbank
maintained its position as the leader in the banking sector in
2013.
İşbank’s leadership has three important pillars. The first pillar is
our extensive service network and sound financial performance.
The most important point which affirms İşbank’s differentiation
and leadership is its reputation, which has been maintained
in various market circumstances and has been progressively
passed down to new generations.
According to the key performance indicators,
İşbank maintained its position as the leader in the
banking sector in 2013.
50 thousand
With more than 50 thousand staff and 121
enterprises, İşbank Group is one of the biggest
conglomerates in Turkey.
Chairman’s Message
Activities
12
İşbank
Annual Report 2013
