CEO’S MESSAGE
İŞBANK MAINTAINED ITS
LEADING POSITION
AMONG ALL BANKS IN
TERMS OF TOTAL ASSETS,
TOTAL LOANS AND
SHAREHOLDERS’ EQUITY,
AND AMONG PRIVATELY-
OWNED BANKS IN TERMS
OF DEPOSIT.
İşbank’s distinguished shareholders,
customers, employees and business
partners,
IN 2012, İŞBANK FURTHER SOLIDIFIED
ITS POSITION AS THE SECTOR’S
LEADER.
In a year that marked a successful period
for our Bank in terms of all performance
criteria, İşbank continued to grow its loans,
the indicator of its strong support to the real
sector, based on a consistent approach.
We have outperformed the sector’s
averages in most business lines and basic
banking products. İşbank, once again, has
demonstrated that it is an entity with the
power to grow sustainably in a market
characterized by increased competition.
BASED ON YEAR-END 2012 FINANCIAL
RESULTS, İŞBANK IS THE LEADER AND
THE LARGEST BANK IN THE TURKISH
BANKING SECTOR.
As a pioneer in the sector, with 88
years of experience and know-how, and
successful representation of our country in
international markets with our investments
in the Eurasia region, İşbank remains
committed to extending support to the
real sector and the national economy, and
continues implementing a healthy growth
strategy.
İşbank pursued a balanced and efficient
growth policy in 2012 in accordance with
measures taken to secure a soft landing in
the economy.
İŞBANK DEMONSTRATED A SUPERIOR
PERFORMANCE IN 2012.
İşbank is Turkey’s largest bank with total
assets worth TL 175.4 billion at the end
of the year. Shareholders’ equity grew by
26.8% to reach TL 22.7 billion.
Outperforming the sector in the expansion
of loan volume, İşbank increased its total
loans by 16.5% to TL 106.7 billion by the end
of 2012, and reached a 13.4% share in the
total loans market, making it the bank with
the highest share in the financing of the real
economy in Turkey.
While İşbank maintained its leading position
among all banks in terms of total assets,
total loans and shareholders’ equity, and
among privately-owned banks in terms of
deposit; in 2012, the Bank put on a spurt in
profitability, achieving the leading position
with a net profit of TL 3.3 billion.
Although non-performing loans (NPLs)
began gaining momentum across the entire
sector in line with the slowdown in the
economy in the year’s third quarter, İşbank’s
NPL ratio decoupled positively from the
Adnan Bali
Member of the Board and
Chief Executive Officer
16
İŞBANK
ANNUAL REPORT 2012
1...,8,9,10,11,12,13,14,15,16,17 19,20,21,22,23,24,25,26,27,28,...300