INTRODUCTION
ACTIVITIES
CORPORATE GOVERNANCE
FINANCIAL INFORMATION AND RISK MANAGEMENT
187
TÜRKİYE İŞ BANKASI A.Ş.
Notes to the Unconsolidated Financial Statements for the Year Ended
31 December 2012
İŞBANK
ANNUAL REPORT 2012
a.3.
Information on forward and option agreements and other similar agreements made with the Bank’s risk group:
Bank’s Risk Group
Investments in Associates,
Subsidiaries and Jointly Controlled
Entities (Joint Ventures)
Direct and Indirect
Shareholders of the Bank
Other Individuals and
Corporates in Risk Group
Current Period Prior Period Current Period Prior Period Current Period Prior Period
Transactions at Fair Value
Through Profit and Loss
Beginning of the period
557,190
188,145
10,200
End of the period
526,529
557,190
4,708
188,145
Total Profit/ Loss
(15,547)
13,438
(2,438)
2,609
Transactions for hedging
purposes
Beginning of the period
End of the period
Total Profit/Loss
b. Disclosures for Bank’s risk group:
b.1.
The relations of the Bank with the entities controlled by the Bank and its related parties regardless of whether there are any
transactions between the parties:
All types of corporate and retail banking services are provided to these corporations in line with the articles of Banking Law.
b.2.
The type and amount of transaction carried out, and its ratio to the overall transaction volume, values of principal items and their ratios
to overall items, pricing policy and other items in addition to the structure of the relationship:
The transactions carried out are mainly loan and deposit transactions. The ratio of loans extended to the risk group to the overall loans is
1.31%, while the ratio to the overall assets is 0.80%; the ratio of deposits of the risk group corporations to the overall deposits is 3.67%,
while the ratio to overall liabilities is 2.20%. Comparable price method is used in pricing the transactions.
b.3.
Purchase and sale of real estates, other assets and services, agency agreements, finance lease contracts, transfer of information
obtained through research and development, license agreements, funding (including loans and provision of support as cash capital or
capital-in-kind), guarantees and collaterals, and management agreements:
The Bank acquires its properties through its associate, İş Finansal Kiralama A.Ş., when required. The Bank’s branches act as agents for
Anadolu Anonim Türk Sigorta Şirketi and Anadolu Hayat Emeklilik A.Ş. Furthermore, through its branches the Bank also acts as agent for İş
YatırımMenkul Değerler A.Ş. Of the 31 mutual funds, which were founded by the Bank, 25 of them are managed by İş Portföy Yönetimi A.Ş.
and 6 of them are managed by İş YatırımMenkul Değerler A.Ş.
If requested, cash and non-cash loan requirements of corporations within the risk group are met in accordance with the limits imposed by
the Banking Law and the prevailing market conditions.
c. Total salaries and similar benefits paid to the key management personnel
Benefits paid to key management personnel in the current period amount to TL 15,193 (31 December 2011: TL 14,407).
1...,179,180,181,182,183,184,185,186,187,188 190,191,192,193,194,195,196,197,198,199,...300