WITH ITS SOUND
FINANCIAL STRUCTURE,
İŞBANK WILL KEEP
CREATING HIGH VALUE
FOR ITS MORE THAN
200,000 SHAREHOLDERS
AND INSTITUTIONAL
INVESTORS.
İŞBANK POSSESSES A STRONG
SHAREHOLDERS’ EQUITY THAT
SUPPORTS ITS SUSTAINABLE GROWTH.
High asset quality and profitability,
prudently preserved and further built
upon through 2012, have been the key
contributors to İşbank’s strengthened
financial structure. We sustain our growth
without compromising asset quality in any
way, and we take pride in being the biggest
supporter of employment via funds made
available to the real sector.
Shareholders’ equity of TL 22.7 billion
reached as of year-end 2012 constitutes a
significant competitive edge for İşbank in
terms of business volume expansion and
sustainability of investments. Steps taken
towards diversification of funding resources
and extension of average maturity of
liabilities, as well as cost management
through efficient use of bond issues and
non-deposit funds, have been the drivers
behind the achievement of our growth,
profitability and capital adequacy targets.
The unyielding support of our strong and
committed shareholder structure based
on collective capital makes up the core of
our strength. At a time characterized by
sustained volatilities in the global financial
system, and by the measures that banks
in developed countries were pushed to
take measures towards downsizing their
assets, our Bank, drawing on its strong
capital position, is taking sure-footed steps
towards building its growth strategy on the
foundation of its standing as first a regional
and then a global bank in the international
arena. Formulated on the basis of
productivity, profitability and sustainability
within our national borders, our organic
growth strategy provides us with the means
to proceed along these same lines abroad
with the support of our consistent financial
strength.
With its sound financial structure, İşbank will
keep creating high value for its more than
200,000 shareholders and institutional
investors.
AS A CORPORATE CITIZEN, İŞBANK IS
AWARE OF ITS RESPONSIBILITY.
İşbank was founded with the mission of
contributing to Turkey’s development,
reconstruction and progress in every
aspect. In its initial years of operation,
İşbank invested in basic lines of industry,
including glass, fabric and sugar, in keeping
with its commitment to this mission. The
Bank extended support to the printing
business, cinema, sport and education, and
backed charitable organizations and non-
governmental organizations. In the process,
İşbank has always endeavored to give what
was the most contemporary to Turkey, and
espoused the notion of saving among its
core values. In brief, İşbank has consistently
produced value for 88 years and has
pioneered sustainability in Turkey.
CHAIRMAN’S MESSAGE
14
İŞBANK
ANNUAL REPORT 2012
1...,6,7,8,9,10,11,12,13,14,15 17,18,19,20,21,22,23,24,25,26,...300