Funds secured from abroad to be provided to SMEs
-- A loan agreement with an amount of EUR 50 million was
signed between İşbank and the EBRD in 2013 under the
scope of TurSEFF, TurAFF and WiB programs. In addition to
channeling the TurSEFF fund to customers, loan extending
programs have been started within the scope of TurAFF and
WiB fund.
-- As a result of repayments of the EIB’s EUR 150 million loan
that was provided to meet the financing needs of SMEs,
credit lines which became available have started to be used
again with the same purpose. Additionally, a new EUR 150
million loan agreement was signed with the EIB in 2013,
which will be extended to the companies with up to 3,000
employees.
-- Within the scope of the agreements signed by and between
Korea Eximbank (KEXIM) and İşbank for the financing of
general working capital and investment needs of Korea-
related companies and the financing requirements of
Turkish companies trading with Korean companies, the Bank
continued its placement activities in 2013.
-- In addition to the EUR 60.74 million obtained from the
German Development Bank (KfW Entwicklungsbank) in
the previous periods, under the Small Enterprises Loan
Programme II (SELP II), İşbank secured a new resource
for EUR 17.64 million in October 2013. These funds
were channeled for financing SMEs in 49 cities in Turkey
throughout 2013.
Differentiated solutions and products tailored to customer
needs
İşbank identifies the regional and seasonal requirements of
firms based on the results of reviews and assessments carried
out in the field as well as at the headquarters. Within the
framework of its efforts to accurately and effectively fulfill its
customers’ financial needs, İşbank introduced the following
products in 2013:
-- FC PN Discount Loan for the PNs avalized by Other Domestic
Banks,
-- TL/FC Domestic Letter of Credit Discount Loan,
-- “Interchange Financing Loan” provides financing to
automobile dealers for vehicles received for clearance,
-- Commercial Property Finance within the scope of the Urban
Transformation Law.
İşbank is a consultant and a solution partner of the
commercial sector.
İşbank closely monitors and adapts to the changes and
transformations of firms and continues to provide consultancy
and information services in line with the developments in the
global and national economy. In 2013, İşbank’s Headquarters
and field teams continued to carry out comprehensive customer
visits and identified the needs of approximately 185 thousand
customers in the field and fulfilled them as necessary.
In addition to extensive customer visit programs, “İş’le
Buluşmalar” meetings, which involve information sharing as a
part of its consultancy services, were held in the cities of Muğla,
Erzurum, Kocaeli and Samsun in 2013.
İşbank launched a new series of events held in Organized
Industrial Regions (OSB), in an effort to support the healthy
growth of SMEs and to provide themwith a competitive edge.
In 2013, two seminars were conducted in Denizli and Tuzla,
covering the economic expectations, and recent developments,
as well as Public R&D Incentives and Grants for the particular
interest of commercial enterprises.
Three more international awards for the İŞ’TE KOBİ
website
The number of members of İŞ’TE KOBİ
),
followed by SMEs and all-sized firms, has exceeded
56 thousand in 2013.
İŞ’TE KOBİ’s innovative SUNUMATİK application received three
more rewards, increasing the total number of awards to 30.
İşbank foresees commercial banking as a key driver of economic
growth in the banking sector. The Bank will accordingly,
maintain its position in the commercial banking segment by
offering tailor-made products and services and providing
unique solutions to its clients under a business partnership
approach.
In brief
İşbank sustained its successful
performance in commercial
banking in 2013.
İşbank continued to improve
its commercial banking
operations by taking regional
needs into account.
“İş’le Buluşmalar” meetings
were held in Muğla, Erzurum,
Kocaeli and Samsun in 2013.
Activities
35
İşbank
Annual Report 2013
