Icbc Turkey Bank Anonim Sirketi · BIST:ICBCT
Icbc Turkey Bank Anonim Sirketi — ICBC Turkey Bank A.Ş. — Q3 2015 Earnings Presentation
31 slides from Icbc Turkey Bank Anonim Sirketi's earnings presentation, 2015
Slide 1: ICBC Turkey Bank A.Ş.
ICBC TURKEY BANK A.$.
Slide 2: Table of Contents
Table of Contents Turkish Economy ‘ICBC Turkey and ICBC’ in short Financial Highlights Summary Balance Sheet and Income Statement Financial Performance Credit Ratings 1
Slide 3: Turkish Economy
Turkish Economy Turkish Economy Overview & Country Rating Turkish Banking Sector 2
Slide 4: Turkish Economy Overview & Country Rating
Turkish Economy Overview & Country Rating • Data received from TURKSTAT, CBRT UNDERSECRETARIAT OF TREASURY • *Exp. As of 3rd Q 2015 2011 2012 2013 2014 2015 Q3 • ** As of 2014 GDP US$ 776 bio US$ 791 bio US$ 823 bio US$ 799 bio US$ 546 bio GDP Growth 8.8 2.1 4.2 2.9 3.4 Population 74,724,269 75,627,
Slide 5: Turkish Banking Sector
Turkish Banking Sector March June September US$ mio 2011 2012 2013 2014 2015 2015 2015 Total Assets 648,118 773,375 814,380 859,870 819,673 833,005 794,868 Loans 363,524 448,429 492,398 535,523 509,976 524,252 492,070 Loans / Assets 56.1 58.0 60.5 62.3 62.2 62.9 61.9 Non-Performing Loans 10,093 13,2
Slide 6: 'ICBC Turkey and ICBC' in short
‘ICBC Turkey and ICBC’ in short History and Ownership ‘ICBC’ in short ICBC Turkey Overview Branch Network ICBC Turkey’s paid-in capital base Business lines 5
Slide 7: History and Ownership
History and Ownership Free Shareholder Structure Float 7.183% ICBC 92.817% 2015: Tekstil Bankasi A.S. has changed its legal name to ICBC Turkey Bank A.S. as of 19 November 2015. 2015: Following the tender offer by ICBC for the remaining shares, 92.817% of Tekstilbank’s shares are held by ICBC as of
Slide 8: ICBC Shareholder Structure & Ratings
ICBC Shareholder Structure & Ratings Ministry of Finance of the PRC 100% China Investment Corporation 100% HKSCC Nominees Central Huijin Investment Ltd. Other Limited Shareholders 35.09% 35.33% 24.47% 5.11% Bank Credit Ratings Ratings Agency Long Term Short Term Outlook Moodys A1 P1 Stable S&P A A1
Slide 9: ICBC is the world's largest bank
ICBC is the world’s largest bank The World’s Largest Bank by Assets Largest Banks by Market Capitalization Reported Total Assets (in USD bn) Reported Total Market Capitalization (in USD bn) 296 288 251 244 203 189 185 173 164 ICBC WF CCB JPM BOC ABC HSBC BOA Citi Source: Bloomberg, total assets as o
Slide 10: Extensive Global Platform
Extensive Global Platform ICBC’s Global Footprint Domestic and overseas institutions: 17,510 Overseas presence: 42 countries and regions with 399 countries Moscow Established correspodent bank relationship Amsterdam with 1,604 overseas bank in 147 countries and London Warsaw regions Brussels F
Slide 11: ICBC Turkey Overview
ICBC Turkey Overview * Among private deposit banks as at 30 September 2015 ** As at 30 September 2015 10
Slide 12: Branch Network
Branch Network Branches are predominantly located in the western regions, which account for the majority of Türkiye's GDP generation. Financial Services branch in Berlin, Germany, established in 1995, that handles mainly remittances business. Istanbul branches : 21 Anatolian branches : 22 Free-Z
Slide 13: ICBC Turkey's paid-in capital base
ICBC Turkey’s paid-in capital base 12
Slide 14: Business Lines
Business Lines Treasury Retail Banking International Business Corporate & Commercial Banking 13
Slide 15: Financial Highlights
Financial Highlights 14
Slide 16: Financial Highlights of 2015 Q3
Financial Highlights of 2015 Q3 YoY Growth in Balance Sheet (%) Assets 65.4% Cash Loans 33.7% Deposits 6.5% SHE -9.3% Selected Ratios (%) Loans / Assets 60.5 % Total CAR 12.7% Deposits / Assets 39.7% Free Equity 85.9% Funds Borrowed / Assets 41.2% IEA 83.3% SHE / Assets 9.0%
Slide 17: Summary Balance Sheet and Income Statement
Summary Balance Sheet and Income Statement Balance Sheet Income Statement 16
Slide 18: Balance Sheet
Balance Sheet TL mio 2014 Q3 FY 2014 2015 Q3 YoY% Cash and Banks 439 518 1,104 151.5% Total Securities 352 219 1,189 237.8% Total Cash Loans 2,841 2,765 3,798 33.7% Fixed Assets & Subsidiaries 33 40 38 15.2% Others 131 122 151 15.3% Total Assets 3,796 3,664 6,280 65.4% Deposits* 2,343 2,342 2,496 6.
Slide 19: Income Statement
Income Statement TL mio 2014 Q3 FY 2014 2015 Q3 YoY % Interest Income 262.8 343.6 238.1 -9% Loans 224.1 298.3 212.8 -5% Securities 33.3 38.9 19.7 -41% Others 5.4 6.3 5.6 4% Interest Expense (-) 157.8 206.1 143.9 -9% Deposits 102.5 134.3 106.7 4% Other Borrowings 55.3 71.8 37.2 -33% Net Interest Inco
Slide 20: Financial Performance
Financial Performance Balance Sheet Loan Portfolio Retail Loans Deposits Capital Base Asset Quality 19
Slide 21: Balance Sheet
Balance Sheet Composition of Assets IEA: 86% IEA: 85% YoY: 65.4% IEA: 83% 14% 15% 17% 1% 5% 9% 4% 60% 75% 75% 6% 19% 2014 2014 Q3 2015 Q3 Loans Securities Other IEA Non-IEA Composition of Liabilities & SHE YoY: -9.3% 620 622 564 4% 9% 17% 16% 40% 3% 4% 64% 62% 16% 18% 47% 2014 2014 Q3 2015 Q2 De
Slide 22: Loan Portfolio
Loan Portfolio Cash Loans YoY: 33.7% 2,765 2,841 3,798 20% 22% 60% 78% 40% 80% 2014 2014 Q3 2015 Q3 Turkish Lira FX Total (TL mio) Non-Cash Loans YoY: -22.6% 850 985 762 45% 41% 49% 51% 55% 59% 2014 2014 Q3 2015 Q3 Turkish Lira FX Total (TL mio) 21
Slide 23: Loan Portfolio
Loan Portfolio Breakdown By Borrower 1% 1% 1% 13% 12% 11% 86% 87% 88% 2014 2014 Q3 2015 Q3 Corporate/Commercial Loans Consumer Loans Credit Cards Breakdown by Industrial – Top 10 Sectors ICBC Turkey has a well-diversified client base 28.2% across different industries and regions enabling bette
Slide 24: Retail Loans
Retail Loans YoY: 22.8% 394 364 447 7% 4% 5% 6% 2% 8% 55% 55% 60% 29% 37% 32% 2014 2014 Q3 2015 Q3 General Purposes & Consumer Loans Housing Loans Credit Cards Auto Loans * Specialized loans granted to farmers for vehicle purchases are classified in retail loans As required by BDDK Resolution, the
Slide 25: Deposits
Deposits TL – FX Composition YoY: 6.5% 2,342 2,343 2,496 YoY: -7.1% 53% 47% 58% 42% 47% 53% 2014 2014 Q3 2015 Q3 Turkish Lira FX Total (TL mio) Savings – Commercial & Others Composition 62% 35% YoY: -0.8% 65% 59% 38% 41% 2014 2014 Q3 2015 Q3 Saving Deposits Commercial&Others 24
Slide 26: Capital Base
Capital Base Capital Adequacy Ratio Free Equity, TL mio Total Car Ratio Free Equity/Equity 18.04% 18.91% 86.4% 12.70% 85.9% 85.9% 538 533 485 0.61% 0.55% 0.67% 17.49% 18.30% 12.03% Tier 2 Tier 1 * Equity calculation amended by BRSA for preparation to Basel III by adapting common equity (going co
Slide 27: Asset Quality
Asset Quality NPL / Total Cash & Non-Cash Loans (%) 3.8% 4.2% 3.6% 2.1% ICBC Turkey 2.1% 2.2% Market Average 2014 Q3 2014 2015 Q3 Reserve Coverage (Including portfolio reserves) 88% 91% 103% 2014 Q3 2014 2015 Q3 26
Slide 28: Credit Ratings
Credit Ratings Fitch Ratings 27
Slide 29: Credit Ratings
Credit Ratings LONG – TERM IDR OUTLOOK June 10, 2015 LOCAL CURRENCY BBB+ FOREIGN CURRENCY BBB Stable NATIONAL AAA 28
Slide 30: Your Contacts
Your Contacts Mr. D. Halit DOVER Assistant General Manager Global Head of International Relations Group +90 212 335 5295 [email protected] . Mrs. Ece Karabulut Platform Assistant +90 212 335 5427 Ms. Irem YURTSEVER Mr. Liu WENBIN Ms. Yasemin COLPAN Vice President Manager Vice President +90 212
Slide 31: Your Global Partner, Your Reliable Bank...
Your Global Partner, Your Reliable Bank... Disclaimer Statement The information, opinions and estimates contained in this document have been compiled or arrived at by ICBC Turkey from sources believed to be reliable and in good faith, but no representation or warranty, expressed or implied, is made
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