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İş Bankası
Annual Report 2013
Financial Information and Risk Management
TÜRKİYE İŞ BANKASI A.Ş.
Notes to the Unconsolidated Financial Statements
for the Year Ended 31 December 2013
Board of Directors and the Audit Committee are responsible for following the Bank’s capital is used optimally; for this purpose,
checking the status against risk limits and providing the necessary actions are taken.
Asset and Liability Management Committee is responsible for managing the Asset and Liability risk within the framework of
operating principles that are involved in the risk appetite and risk limits are set by the Board of Directors in accordance with the
policy statement.
Measurement of the Asset and Liability Management’s risk, reporting of the measurement results and monitoring the compliance
with risk limits are the responsibility of the Risk Management Department. The course of the risk taken is examined through
different scenarios. The measurement results are tested in terms of reliability and integrity. Information related to asset-liability
management risk is reported to the Board of Directors by the Department of Risk Management through the Risk Committee and the
Audit Committee.
Asset and liability management processes and compliance with the provisions of the policy are controlled and audited by the internal
audit system. The execution of the audit, reporting the audit results, action plans for the elimination of errors and gaps identified as
a result of inspections regarding the fulfillment of the principles, are determined by the Board of Directors.
Operational Risk
Operational risk is defined as “the probability of loss due to the inadequate or failed internal processes, people, systems, external
factors or legal risks”. All risks except financial risks are considered within the scope of operational risk. Studies consisted and are
formed of occur by execution of identification, definition, measurement, analysis, monitoring of operational risk, providing and
reporting the necessary control related to monitoring the progress of our country and the world, the development of techniques and
methods, necessary legal reporting, notification and conduct of follow-up transactions. Studies on the subject are conducted by the
Department of Risk Management.
Operational risks that arise due to the activities are defined in “Bank Risk Catalogue” and classified in respect of species. Bank
Risk Catalogue is kind of the fundamental document that used for identification and classification of all at the risk that may be
encountered. It is updated in line with the changes in the nature of the processes and activities.
Qualitative and quantitative methods are used in a combination for measurement and evaluation of the operational risks. In this
process, information uses that obtained from “Impact-Probability Analysis”, “Missing Event Data Analysis”, “Risk Indicators” methods.
Methods prescribed by legal regulations are applied as minimum in determining the capital requirement level for the operating risk.
All risks are assessed in the context of operational risk, loss events and the risk indicators same as operational risks that occurred in
the Bank, are monitored on a regular basis by the Department of Risk Management and reported periodically to the Risk Committee
and the Board of Directors.
XII. Explanations on Other Price Risks
The Bank has investments in companies traded on the Borsa İstanbul A.Ş. is exposed to equity securities price risk. Shares are being
acquired for investment purposes rather than.
The Bank’s sensitivity to equity price risk at the reporting date an analysis was conducted to measure. In the analysis, with the
assumption of all other variables were held constant (stock prices) are 10% higher or lower and is assumed that. According to this
assumption in equity securities revaluation reserve account TL 558,570 (31.12.2012: TL 549,635) increase/decrease is expected to
be. This, in fact, the fair value of publicly traded subsidiaries and associates the increase/decrease is due.
