Named the Sustainable Emerging Markets
Bank of the Year for Eastern Europe in
2008, 2009 and 2010 at the Sustainable
Banking Awards conducted jointly by the
Financial Times and the International Fi-
nance Corporation (IFC), TSKB extended its
success and was given the same award in
2011. In 2012, TSKB claimed the bronze in
the Astrid Awards with its 2nd Sustainabil-
ity Report, and earned the third-highest
corporate governance rating assigned by
the Corporate Governance Association of
Turkey.
On a consolidated basis, TSKB showed
TL 1.9 billion in shareholders’ equity and
TL 10.9 billion in total assets at end-2012.
On 14 December 2012, Fitch assigned to
TSKB a rating of “BBB-” long-term foreign
currency IDR and long-term local currency
IDR ratings, and an “AAA(tur)” long-term
national credit rating.
İŞBANK GERMANY
A Leading Financial Institution in Europe
with Turkish Capital
Founded by İşbank in 1992 in Germany to
engage in commercial banking in Europe,
İşbank Germany is today regarded as one of
the leading financial institutions active in
Europe with Turkish capital.
Headquartered in Frankfurt, İşbank Germany
operates through 17 branches, of which
13 are located in Germany and one each
in the Netherlands, France, Switzerland
and Bulgaria. As of year-end 2012, İşbank
Germany showed total assets worth
EUR 1,016 million and total shareholders’
equity worth EUR 111 million on a non-
consolidated basis. İşbank Germany provides
trade finance, corporate banking and retail
banking products and services to customers
both in Turkey and Europe as well as
financing services for real estate properties
in Turkey.
İŞBANK RUSSIA
Service at 13 Points in Russia
CJSC İşbank (İşbank Russia), operating in
Russia, was purchased and added to İşbank’s
participations portfolio in April 2011 to
develop and expand İşbank’s international
banking activities.
With 311 employees on its payroll at the end
of 2012, İşbank Russia operates with a total
of 13 service points in the cities of Moscow,
Balakovo, Saratov, Saint Petersburg, Samara
and Novosibirsk.
As of end-2012, İşbank Russia showed
total assets worth USD 206 million and
shareholders’ equity worth USD 61 million
on an unconsolidated basis.
ANADOLU HAYAT
Turkey’s Leading Private Pension
Company
Turkey’s first life insurer, Anadolu Hayat
Emeklilik A.Ş. (Anadolu Hayat) is the only
publicly-held company operating in the
country’s private pension and life insurance
sector.
As of end-2012, Anadolu Hayat had
achieved the highest number of private
pension participants and private pension
assets under management. As of end-2012,
the company showed assets worth TL 7,227
million and shareholders’ equity worth
TL 529 million on a consolidated basis.
TURKEY’S FIRST LIFE
INSURER, ANADOLU HAYAT
EMEKLILIK A.Ş. (ANADOLU
HAYAT EMEKLILIK) IS THE
ONLY PUBLICLY-HELD
COMPANY OPERATING IN
THE COUNTRY’S PRIVATE
PENSION AND LIFE
INSURANCE SECTOR.
INTRODUCTION
ACTIVITIES
CORPORATE GOVERNANCE
FINANCIAL INFORMATION AND RISK MANAGEMENT
59
İŞBANK
ANNUAL REPORT 2012
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