İŞBANK AND ITS ACTIVITIES IN 2012
İşbank is Turkey’s largest bank as measured
by total assets, loans, and shareholders’
equity.
As of year-end 2012, İşbank’s total assets
reached TL 175.4 billion, its total loans
TL 106.7 billion, and its shareholders’ equity
TL 22.7 billion.
İşbank’s expansion in loans continued in
2012 without compromising asset quality
and profitability.
A key player in the Turkish economy and the
Turkish banking industry, İşbank upholds
customer satisfaction and positions itself as
“The Bank Closest to Customers.”
In continued expansion of its domestic and
international service network during 2012,
İşbank opened 47 new branches, bringing
the number of domestic branches to 1,231
and overseas branches to 19, with one
branch opened in Batumi, Georgia, and one
in Prishtina, Kosovo.
As of year-end 2012, İşbank is the leader
among all banks as measured by total
assets, loans and shareholders’ equity, and
the leader among privately-owned banks in
terms of deposits and number of branches.
Having increased its shareholders’ equity
by 26.8% in 2012, İşbank’s support to the
developing Turkish economy will be ongoing
in the year ahead on the back of its robust
capitalization.
Asset Composition (%)
2011
2012
Cash and Banks
9.9
9.9
Securities
26.5
21.7
Loans
56.7
60.8
Associates &
Subsidiaries
3.9
4.4
Other Assets
3.0
3.2
Total
100
100
In 2012, İşbank increased its total assets
by 8.5% year-on-year. With total assets
that reached TL 175.4 billion as of year-end
2012, İşbank is Turkey’s largest bank.
The percentage of loans to total assets kept
rising during 2012 and reached 60.8% at
the end of the year.
Liability Composition (%)
2011
2012
Deposits
60.8
60.1
Funds Borrowed
and Money
Market Funds
(*)
21.3
18.5
Other Liabilities
6.8
8.5
Shareholders’
Equity
11.1
12.9
Total
100
100
İşbank’s total deposits were up by 7.2%
year-on-year and reached TL 105.4 billion
in 2012. These results ensured İşbank’s
position as the leader among privately-
owned banks as measured by total deposits.
With a view to creating long-term funds
and diversifying its funding structure,
İşbank continued to make effective use of
non-deposit funds in 2012. As a result of
the domestic and overseas bond issues
carried out in 2012, issued securities were
increased by 68.3% and made up 3.6% of
total liabilities at the end of the year.
Increasing by 26.8% year-on-year
and standing at TL 22.7 billion in 2012,
shareholders’ equity has been a key element
that backed the strong expansion in the
credit supply.
İşbank’s capital adequacy ratio was 16.3%
at the end of 2012, well above regulatory
requirements.
(*)
Includes borrowing instrument issues in TL and FC. The
item for 2012 also includes Subordinated Loans in the
amount of USD 1 billion.
IN A YEAR MARKED BY
SOLID PERFORMANCE,
İŞBANK SUCCESSFULLY
MAINTAINED GROWTH IN
ITS BUSINESS VOLUME IN
2012.
AT YEAR-END 2012, İŞBANK’S
TOTAL ASSETS WERE WORTH
TL 175.4 BILLION.
TL
175.4
BILLION
28
İŞBANK
ANNUAL REPORT 2012
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