İşbank and its Activities in 2013
İşbank’s total assets increased by 20.0% in 2013,
reaching TL 210.5 billion.
Having increased its shareholders’ equity by 3.8% in 2013,
İşbank will continue to support the development of the
Turkish economy in the year ahead, supported by its robust
capitalization.
In 2013, İşbank increased its total assets by 20%YoY to
TL 210.5 billion.
The share of loans in total assets kept rising trend during 2013,
reaching 64.1% at the end of the year.
İşbank’s total deposits were up by 14.8%YoY and reached
TL 121.0 billion in 2013 and the Bank maintained its leadership
position among privately-owned banks in terms of the total
deposits.
With a view to creating long-term funds and diversifying its
funding structure, İşbank continued to effectively deploy
non-deposit funds in 2013. As a result of the domestic and
international bond issues carried out in 2013, the sum of
securities issued increased by 58.6%, comprising 4.8% of total
liabilities at the end of the year.
İşbank is Turkey’s largest bank in terms of total assets, loans,
and shareholders’ equity.
Thanks to the growth achieved in 2013, İşbank’s total assets
reached TL 210.5 billion, its total loans TL 134.8 billion, and its
shareholders’ equity TL 23.6 billion.
İşbank’s growth in business volume continued without
compromising asset quality and profitability. A key player in
the Turkish economy and the Turkish banking industry, İşbank,
positions itself as “The Bank Closest to Customers.”
In a continued expansion of its domestic and international
service network during 2013, İşbank opened 59 new branches,
increasing the number of domestic branches to 1,289 and
overseas branches to 20, with one branch opened in Nicosia,
T.R.N.C.
At the end of 2013, İşbank was the largest player in the sector
in terms of its total assets, loans and shareholders’ equity, and
the leader among privately-owned banks in terms of deposits
and number of branches.
Asset Composition (%)
2012
2013
Cash and Banks
9.9
11.7
Securities
21.7
17.5
Loans
60.8
64.1
Associates & Subsidiaries
4.4
3.7
Other Assets
3.2
3.1
Total
100
100
Liability Composition (%)
2012
2013
Deposits
60.1
57.5
Funds Borrowed and
Money Market Funds
(*)
18.5
23.7
Other Liabilities
8.5
7.6
Shareholders’ Equity
12.9
11.2
Total
100
100
(*)
Includes borrowing instrument issues in TL, FC and subordinated loans.
Activities
30
İşbank
Annual Report 2013
