TÜRKİYE İŞ BANKASI A.Ş.
Notes to the Consolidated Financial Statements for the Year Ended
31 December 2012
268
İŞBANK
ANNUAL REPORT 2012
c.3.
Information on funds borrowed:
Information on funds received through syndicated loans and securitization deals, which take a significant place among funds borrowed, are
given below.
Syndicated loans:
Date of Use
Funds Borrowed
Maturity
May 2012
USD 241,000,000 + EUR 742,500,000
1 year (with 1 year extension option)
September 2012
USD 404,500,000 + EUR 572,600,000
1 year (with 1 year extension option)
July 2012
USD 15,000,000 + EUR 65,000,000
1 year
Securitization deals:
The Parent Bank obtained funds by way of putting on securitization deals all its claims and receivables based on diversified payment rights
in USD, EUR and GBP through TIB Diversified Payment Rights Finance Company, and all its claims and receivables based on FC debit and
credit card receivables through TIB Card Receivables Funding Company Limited, both of which are special purpose vehicles established
abroad.
Information on funds received through securitization is given below.
Date
Special Purpose Vehicle (SPV)
Amount
Final Maturity
Remaining Debt Amount as
of 31 December 2012
November 2004 TIB Diversified Payment Rights Finance Company USD 600,000,000 7-10 years
USD 32,000,000
May 2005
TIB Diversified Payment Rights Finance Company USD 700,000,000 5-8 years
USD 25,000,000
December 2005 TIB Card Receivables Funding Company Limited USD 350,000,000 8 years
USD 70,849,231
June 2006
TIB Diversified Payment Rights Finance Company USD 800,000,000 5-8 years
USD 184,000,000
March 2007
TIB Diversified Payment Rights Finance Company USD 550,000,000 7-8 years
USD 235,000,000
October 2011 TIB Diversified Payment Rights Finance Company USD 75,000,000 5 years
USD 75,000,000
October 2011 TIB Diversified Payment Rights Finance Company EUR 160,000,000 5-7 years
EUR 160,000,000
June 2012
TIB Diversified Payment Rights Finance Company USD 225,000,000 5 years
USD 225,000,000
June 2012
TIB Diversified Payment Rights Finance Company EUR 125,000,000 12 years
EUR 125,000,000
d. Information on Marketable Securities Issued (Net):
Current Period
Prior Period
TL
FC
TL
FC
Bills
3,487,256
1,888,329
Bonds
1,191,118 1,797,989
934,096
943,451
Total
4,678,374 1,797,989 2,822,425
943,451
Concentration of the liabilities of the Group:
Of the Group’s liabilities 53% are comprised of deposits, 7% are comprised of funds provided from repurchase agreements and 9% are
comprised of funds borrowed and marketable securities issued. Deposits are distributed among a large variety of customers with different
characteristics. The borrowings, on the other hand, are comprised of various funds obtained from financial institutions through syndication,
securitization, post-financing and money market operations. No risk concentration exists related to the Group’s liabilities.
e. Information on Other Liabilities:
Other liabilities do not exceed 10% of the balance sheet total.
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