INTRODUCTION
ACTIVITIES
CORPORATE GOVERNANCE
FINANCIAL INFORMATION AND RISK MANAGEMENT
145
TÜRKİYE İŞ BANKASI A.Ş.
Notes to the Unconsolidated Financial Statements for the Year Ended
31 December 2012
İŞBANK
ANNUAL REPORT 2012
EUR
USD
JPY
TL
Prior Period
%
%
%
%
Assets
Cash (Cash in Vault, Foreign Currency Cash, Money in Transit,
Cheques Purchased) and Balances with the Central Bank of
Turkey
Banks
0.92
0.23
9.02
Financial Assets at Fair Value through Profit/Loss
4.10
2.93
11.43
Money Market Placements
4.38
3.88
Financial Assets Available for Sale
4.19
4.12
8.54
Loans
5.18
4.57
2.78
13.97
Held to Maturity Investments
0.75
7.42
12.98
Liabilities
Banks Deposits
1.58
3.28
7.91
Other Deposits
2.80
3.41
0.04
8.45
Money Market Funds
3.10
2.24
10.48
Miscellaneous Payables
Marketable Securities Issued
5.30
9.27
Funds Provided from Other Financial Institutions
2.15
1.89
7.51
c. The interest rate risk of the banking book items:
Interest rate risk arising from the banking accounts is defined as negative effect risk on capital of the changes in market interest rates due to
differences in interest settlement and re-pricing on, differences in interest-earning assets taking part in the banking book; interest-bearing
liabilities; interest-bearing derivative transactions inclusive of the policies established by the Board of Directors, is managed within the
framework of the strategies set by the Bank Asset-Liability Committee. Compliance with internal risk limits for banking portfolio is closely
and continuously monitored by the Risk Management Department and Asset-Liability Committee and the measurement results are reported
to the Board of Directors on a monthly basis.
Duration and sensitivity analysis are conducted on a monthly basis by the Bank in the scope of monitoring of interest rate risk arising
from the banking books. In the duration analysis, the maturity gap between assets and liabilities of the balance sheet are determined by
the calculation of the weighted average maturities based on the asset that sensitive to interest rate and liabilities and off-balance sheet
transactions re-pricing period. In the interest rate risk sensitivity analysis, the influence of the various interest rate change scenarios to the
economic value of the Bank’s capital is examined.
The interest rate risk of the banking book item in accordance with the legal regulations is measured and monitored on a monthly basis within
the scope of the Regulation about Measurement and Assessment of Interest Rate Risk in the Banking Accounts by Standard Shock Method
which is published official gazette numbered 28034 dated 23 August 2011. In the calculations committed due to the mentioned regulations,
behavioral maturity modeling method is used for the deposits with low sensitivity to interest rate changes and demand deposits which
is original maturities is longer than contractual maturities. In the core deposit analysis, the historical data of demand deposit is used and
calculated the howmuch and which maturity would remain within the bank and these analysis is used as an input to not constitute a
conflict of the legal provisions for quantifying the interest rate arising from banking book.
Currency
Applied Shock
(+/- x basis point)
Revenue/ Loss
Revenue/Shareholders’ Equity –
Loss/ Shareholders’ Equity
TL
(+) 500
(3,292,629)
(13.31)%
TL
(-) 400
3,214,440
12.99%
EUR
(+) 200
(2,604)
(0.01)%
EUR
(-) 200
8,814
0.04%
USD
(+) 200
(410,270)
(1.66)%
USD
(-) 200
473,094
1.91%
Total (for Negative Shocks)
3,696,348
14.94%
Total (for Positive Shocks)
(3,705,503)
(14.98)%
1...,137,138,139,140,141,142,143,144,145,146 148,149,150,151,152,153,154,155,156,157,...300