297
Financial Information and Risk
Management
İş Bankası
Annual Report 2013
TÜRKİYE İŞ BANKASI A.Ş.
Notes to the Consolidated Financial Statements
for the Year Ended 31 December 2013
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 0.39%, while the ratio to the overall assets is 0.24% the ratio of deposits of the risk group corporations to the overall
deposits is 1.94%, while the ratio to overall liabilities is 0.98%. 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:
Acquisition of properties is generally made through İş Finansal Kiralama A.Ş., one of the Group companies. The Parent Bank’s
branches act as agents for Anadolu Anonim Türk Sigorta Şirketi and Anadolu Hayat Emeklilik A.Ş. Furthermore, through its branches
the Parent Bank also acts as agent for İş YatırımMenkul Değerler A.Ş. Of the 29 mutual funds, which were founded by the Parent
Bank, 28 of them are managed by İş Portföy Yönetimi A.Ş. and 1 of them are managed by İş YatırımMenkul Değerler A.Ş. 22 of the
mutual funds, which were founded by 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 56,889 (31 December 2012:
TL 51,337).
