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İŞBANK
ANNUAL REPORT 2014
22
İŞBANK AND
ITS ACTIVITIES
IN 2014
İşbank maintains a sector-leading position
in terms of total loans and shareholders’
equity; it is also the leader among Turkish
private banks in terms of total assets,
deposits and branch network.
Thanks to the growth achieved in 2014,
İşbank’s total assets rose to TL 237.8 billion
and total loans went up to TL 155.3 billion,
while total deposits amounted to 133.6
billion.
While expanding the Bank’s business
volume, İşbank also continued to focus
on asset quality and profitability. As a key
player in Turkey’s economy and the Turkish
banking sector, İşbank has positioned itself
as “The Bank Closest to Customers.”
İşbank’s total assets climbed by 13.0% to TL 237.8 billion
in 2014.
Asset Composition (%)
2014
2013
Cash and Banks
10.9
11.7
Securities
17.2
17.5
Loans
65.3
64.1
Associates & Subsidiaries
4.0
3.7
Other Assets
2.6
3.0
Total
100
100
Liability Composition (%)
2014
2013
Deposits
56.2
57.5
Funds Borrowed and Money Market Funds
(*)
24.7
23.7
Other Liabilities
6.8
7.6
Shareholders’ Equity
12.3
11.2
Total
100
100
In 2014, İşbank continued to expand
the domestic and international service
network. With 49 new branches starting up
operations, the domestic branch network
expanded to 1,333. With the addition of
Baghdad/Iraq, Tbilisi/Georgia, Prizren/
Kosovo, Edmonton-London/UK and Arasta-
Nicosia/T.R.N.C. branches, the Bank now
operated through 25 overseas branches.
In 2014, İşbank increased its total assets by
13.0% compared to the previous year, to TL
237.8 billion.
The upward trend in the share of loans in
total assets continued in 2014, rising to
65.3% by year’s end.
İşbank’s total loans amounted to TL 155.3
billion, up 15.2% in 2014.
İşbank maintained its leading position in
the sector in terms of total loans in 2014.
Paying utmost attention to maintaining
diversification in the Bank’s loan portfolio in
terms of loan types, İşbank’s loan portfolio
is comprised of 27.3% retail loans and
72.7% corporate, commercial and SME
loans.
The ratio of non-performing loans (NPL) to
total loans continued to decline in 2014.
Total Deposits
(TL million)
Total Loans
(TL million)
2013
134,843
2014
155,315
2013
120,975
2014
133,551
15.2%
İşbank expanded
its total loans
by 15.2% in 2014.
10.4%
İşbank’s total
deposits rose to
TL 133,551 million.
(*)
Includes borrowing instrument issues in TL, FC and subordinated loans.