Summary Financials (TL mn)€¦ · 2 INVESTOR RELATIONS Q2 2014 EARNINGS PRESENTATION Summary Financials (TL mn) 2009 2010 2011 2012 2013 2Q14 y/y q/q Assets 11,609 14,513 17,190

2INVESTOR RELATIONS

Q2 2014 EARNINGS PRESENTATION

Summary Financials (TL mn)

2009 2010 2011 2012 2013 2Q14 y/y q/q

Assets 11,609 14,513 17,190 21,390 27,785 20,719 -19% -11%

Cash Loans+Leasing 8,355 11,060 13,452 16,307 21,257 15,420 -22% -11%

Securities 161 474 858 800 1,273 1,130 22% -1%

Deposits 9,137 11,167 12,397 15,742 18,512 13,641 -25% -3%

Non-cash Loans 8,886 9,227 9,349 7,977 9,338 8,775 2% -5%

Funds Borrowed 191 622 1,458 1,815 4,352 2,622 -19% -37%

Shareholders’ Equity 1,708 1,942 2,137 2,349 2,511 2,572 5% 1%

Net Profit 301 260 216 190 181 11 -81% -74%

5450

36

45

5561

20

41

11

2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 4Q13 1Q14 2Q14

Net Profit (TL mn)

* Includes USD 250mn Subordinated Loan

3

TL mn 2Q14 1Q14 2Q13 y/y q/q

Cash & CBT 2,726 3,167 3,618 -25% -14%

Banks 280 313 270 4% -11%

Securities 1,130 1,144 928 22% -1%

Cash Loans + Leasing 15,420 17,320 19,686 -22% -11%

Net NPL 1,098 669 307 258% 64%

Gross NPL 1,561 1,206 831 88% 29%

NPL Provisions (-) 464 538 524 -11% -14%

Other Assets 1,163 1,295 1,164 0% -10%

Deposits 13,641 14,017 18,173 -25% -3%

Funds Borrowed 2,080 3,612 2,765 -25% -42%

Other Liabilities 1,885 2,509 1,797 5% -25%

Subordinated Loans 541 548 491 10% -1%

Shareholder’s Equity 2,572 2,552 2,4391 -89% 1%

Total Assets/Liabilities 20,719 23,238 25,666 -19% -11%

Non Cash Loans 8,775 9,222 8,631 2% -5%

INVESTOR RELATIONS


Balance Sheet Highlights

4

TL mn 2Q14 1Q14 2Q13 y/y q/q 1H14 1H13 y/y

Profit Share Income 315 431 453 -30% -27% 746 859 -13%

Profit Share Expense 172 212 209 -18% -19% 384 397 -3%

Net Profit Share Income 142 219 243 -42% -35% 361 462 -22%

Net Fee&Commission Income 55 57 82 -33% -4% 112 156 -28%

Core Banking Income 197 275 325 -39% -28% 473 617 -23%

Trading Income -12 -12 9 -233% 0% 24 23 n.m.

Other Income + Dividends 384 154 61 530% 149% 538 96 461%

Total Operating Income 569 417 396 44% 36% 987 736 34%

Provisions 351 182 135 160% 93% 533 241 121%

LLP 360 141 103 250% 155% 501 177 183%

OPEX 198 200 192 3% -1% 399 373 7%

Total Operating Expenses 550 382 327 68% 44% 932 614 52%

Net Operating Income 20 35 69 -71% -43% 55 122 -55%

Tax 9 -5 13 -31% -280% 3 22 -86%

Net Income 11 41 55 -80% -73% 51 100 -49%

INVESTOR RELATIONS


Income Statement Highlights

5*Source: Bank Asya, BRSA

Bank Asya Participation Banking Banking Sector

KPIs* 2Q14 1Q14 2Q13 2Q14 1Q14 2Q13 2Q14 1Q14 2Q13

1- Asset Quality

NPL Ratio 9.83% 6.76% 4.11% 3.47% 3.82% 3.11% 2.70% 2.87% 2.71%

NPL Coverage 29.7% 44.6% 63.0% 61.2% 62.3% 69.9% 75.8% 76.7% 74.8%

Specific Cost of Risk, (q) 8.79% 2.93% 2.23% 2.63% 1.65% 1.52% 1.20% 1.13% 1.24%

2- Efficiency

PSE / PSI 54.8% 49.2% 46.3% 52.7% 51.6% 47.4% 54.9% 54.6% 44.8%

Cost / Income 34.8% 48.0% 48.6% 44.3% 48.5% 46.6% 45.0% 44.8% 40.7%

NFCI / OPEX 27.8% 28.3% 42.6% 40.6% 38.0% 49.8% 49.6% 47.9% 51.4%

Personnel / Branch 17.1 17.9 19.1 17.3 17.5 18.5 17.8 17.9 18.3

3- Capitalization

CAR 17.49% 16.23% 14.52% 15.04% 14.45% 14.80% 16.31% 15.75% 16.33%

4- Profitability (q)

NIM 3.20% 4.22% 4.84% 3.94% 4.03% 4.32% 4.11% 4.06% 4.63%

RoAA 0.19% 0.64% 0.90% 1.19% 1.12% 1.37% 1.43% 1.37% 1.88%

RoAE 1.65% 6.45% 9.16% 12.11% 12.1% 13.65% 12.39% 12.30% 14.75%

5- Leverage

Loan / Deposit 113.0% 123.6% 108.3% 106.9% 105.0% 108.6% 119.9% 113.1% 114.5%

Non Cash / Cash Loans 56.9% 53.2% 43.8% 50.4% 54.6% 50.5% 30.0% 32.0% 29.1%

INVESTOR RELATIONS


Key Performance Indicators

6INVESTOR RELATIONS


Assets

77%75% 77%

75%74%

4%

4% 4%

5%

5%

5%

8% 5%

10%

1%

14%

14%14%

11%

19%

2Q13 3Q13 4Q13 1Q14 2Q14

Cash Loans+Leasing Securities Placement at Banks & CBT Non-PSEA

25,666

57% 59% 58% 63% 63%

43% 41% 42% 37% 37%

2Q13 3Q13 4Q13 1Q14 2Q14

TL FC

9.5%

8.9% 8.7%8.5%

7.1%6.7% 7.9%

7.8%

7.7%

8.0%

9.0% 8.1%

7.7%

8.0%

8.0%

2Q13 3Q13 4Q13 1Q14 2Q14

Cash Loan Securities Leasing

Asset Breakdown (TL mn)

Asset Breakdown, by currency Asset Yields

• Total Assets declined by 19% and 11% y/y and q/q at

the end of 2Q14.28,388

Market Share – Assets 2Q14

In Banking Sector 1.13%

In Participation Banking Sector 20.6%

27,785

23,238

20,719

7INVESTOR RELATIONS


Cash Loans

31%39%

43%

39%36%

44%

35%30%

31%

32%

14%14% 15%

17%

18%

9%

9% 9%

10%

10%

2%

3% 3%

3%

3%

2Q13 3Q13 4Q13 1Q14 2Q14

SME Corporate Retail Credit Card Leasing

60% 60% 60% 60% 63%

40% 40% 40% 40% 37%

2Q13 3Q13 4Q13 1Q14 2Q14

TL FC

Cash Loan Breakdown (TL mn)

Cash Loan Breakdown, by currency * Cash Loan Breakdown, by maturity

16% 16% 15% 20% 16%

13% 14% 13%11% 11%

35% 33% 35% 33% 34%

36% 38% 38% 39% 40%

2Q13 3Q13 4Q13 1Q14 2Q14

0-1m 1-3m 3-12m 12m+

* Adjusted by FX indexed loans

Market Share – Cash Loans 2Q14



19,686

21,187 21,257

17,320

• Cash Loans + Leasing decreased by 22% and 11% y/y

and q/q at 2Q14-end.

15,420

8INVESTOR RELATIONS


Non-cash Loans

78%78% 79% 79% 79%

15%

14% 13%12%

11%

7%

8% 8%10%

11%

2Q13 3Q13 4Q13 1Q14 2Q14

LG LC Other

45% 46% 46% 44% 47%

55% 54% 54% 56% 53%

2Q13 3Q13 4Q13 1Q14 2Q14

TL FC

1.35%

1.39% 1.20% 1.21%

1.17%

2Q13 3Q13 4Q13 1Q14 2Q14

Non-cash Loan Breakdown (TL mn)

Non-cash Loan Breakdown, by currencyNon-cash Loan Yields

2Q13 3Q13 4Q13 1Q14 2Q14

N.C.L. / Assets 43.8% 43.4% 43.9% 39.7% 42.4%

N.C.L. / Cash Loans 33.6% 32.4% 33.6% 53.2% 56.9%

Market Share in Non-cash Loans 2Q14



8,631

9,200 9,338 9,222

8,775

9

Sectors Cash Loans % Non-cash Loans % Cash + Non-cash Loans %

Construction 20.2% 25.0% 22.4%

-Contractors 10.3% 21.9% 15.5%

-Residential Construction 10.0% 3.2% 6.9%

Energy 15.1% 13.7% 14.5%

Textile 8.7% 7.2% 8.0%

Food 6.9% 5.2% 6.1%

Transportation 4.3% 5.6% 4.9%

Metal 4.6% 4.9% 4.7%

Tourism 4.2% 2.6% 3.5%

Education 4.7% 0.7% 2.9%

Other Services 3.5% 5.3% 4.3%

Automotive 3.0% 1.8% 2.5%

Other Sectors 24.7% 27.8% 26.1%

INVESTOR RELATIONS


Sector Concentration

First 10 sector clients comprise,

• 75.3% of Total Cash Loans

• 72.2% of Total Non-cash Loans

• 73.9% of Total Cash + Non-cash Loans

10INVESTOR RELATIONS


Asset Quality

4.1%3.8%

5.3%

6.8%

9.8%

2Q13 3Q13 4Q13 1Q14 2Q14

63%

46%44% 45%

30%

2Q13 3Q13 4Q13 1Q14 2Q14

2.4% 2.5%

2.1%2.2%

2.5%

2Q13 3Q13 4Q13 1Q14 2Q14

8.6%8.0%

9.1%

12.1%

9.6%

2Q13 3Q13 4Q13 1Q14 2Q14

2.24%

2.08%

2.34%

2.66%

4.06%

2Q13 3Q13 4Q13 1Q14 2Q14

1.57%

1.32%

1.51%1.58%

2.59%

2Q13 3Q13 4Q13 1Q14 2Q14

NPL Ratio Restructured Loans Trailing Gross CoR

NPL Coverage Group 2 Loans Trailing Net CoR



Liabilities & Equity

71%69% 67%

60% 66%

2%3%

4%2%

13%

13% 15%

18%

13%

6%

7% 6%

7%

7%

10%

9%9%

11%

12%

2Q13 3Q13 4Q13 1Q14 2Q14

Deposit Liab. To MM Borrowing Non-PSBL Equity

58% 57% 56% 57% 58%

42% 43% 44% 43% 42%

2Q13 3Q13 4Q13 1Q14 2Q14

TL FC

Liabilities & Equity Breakdown

Liabilities & Equity Breakdown, by currency

2Q13 3Q13 4Q13 1Q14 2Q14

Assets / Equity 10.5x 11.4x 11.1x 9.1X 8.1X

Loan / Deposit 108.3% 108.9% 114.8% 123.6% 113.0%25,666

28,388 27,785

23,238

4.0%

3.7%

4.0%

3.8%3.7%

3.6% 3.6%

3.8%

4.0%

3.5%

2Q13 3Q13 4Q13 1Q14 2Q14

Deposit Borrowing

Costs

20,719



Deposits

21% 21% 23%22% 22%

32%31% 32%

31% 20%

21%22% 22%

30% 35%

2%3% 2%

6% 6%

3%

1%1%

2% 2%

22%

21%20%

19% 16%

2Q13 3Q13 4Q13 1Q14 2Q14

Current <1m <3m <6m <12m 12m+

59% 57% 57% 58% 56%

41% 43% 43% 42% 44%

2Q13 3Q13 4Q13 1Q14 2Q14

TL FC

Deposit Breakdown, by maturity

Deposit Breakdown, by currencyGold Deposits /

Total Deposits2Q13 3Q13 4Q13 1Q14 2Q14

Current 4.7% 4.3% 4.5% 3.9% 3.6%

Participation 2.6% 2.7% 2.8% 3.9% 4.2%

Market Share – Deposits 2Q14



18,173

19,46118,512

14,017

• Deposits declined by 25% and 3%, y/y and q/q

respectively at 2Q14-end.

13,641



Income & Expense

64% 62% 64%50%

23%

21% 21% 19%

14%

10%

15%17%

17%37%

67%

2Q13 3Q13 4Q13 1Q14 2Q14

Adj. NII NFCI Other Inc.

Income Breakdown

(TL mn)

64%68% 64%

24%

22%21%

12%

10%

15%

2011 2012 2013

Adj. NII NFCI Other Inc.

36% 30% 37% 48%36%

33% 40% 35%32%

36%

31%30%

28%

20% 27%

2Q13 3Q13 4Q13 1Q14 2Q14

Non Cash Related Credit Cards Other

NFCI Breakdown

(TL mn)

51% 43% 35%

23% 30% 35%

26%27%

30%

2011 2012 2013

Non Cash Related Credit Cards Other

46.3% 44.2% 48.0% 49.2%54.8%

2Q13 3Q13 4Q13 1Q14 2Q14

PSE / PSI

PSE / PSI 50.6%47.4% 46.2%

2011 2012 2013

PSE / PSI

396426 401

1,061

1,333

1,563

8289

76 260287

321

417

57

569

55



Income & Expense

49% 47% 44% 49% 40%

10% 10% 10% 11% 11%

41%43%

46%40% 49%

2Q13 3Q13 4Q13 1Q14 2Q14

Personnel Rental Other

OPEX Breakdown

(TL mn)

47% 47% 47%

10%10%

10%43%

43%

43%

2011 2012 2013

Personnel Rental Othe

76% 82%83% 91%

102%

13% 11%

-16%

3%

2%

11% 6%25% 19%

-5%

2Q13 3Q13 4Q13 1Q13 2Q14

Specific General Other

Provision

Breakdown (TL mn)

75%

81%

81%

4%

15%

5%

21%

4%

14%

2011 2012 2013

Specific General Other

48.6% 48.1%

55.3%

48.0%

34.8%

2Q13 3Q13 4Q13 1Q14 2Q14

C / I

C / I 53.1%50.5% 51.2%

2011 2012 2013

C / I

192205

222

563

674

799

135 139

170

228

414

550

200

182

198

351



Profitability: Net Profit Share Margin (NPSM = NIM) / RoAE / RoAA

4.8% 4.8%4.4% 4.2%

3.2%

5.0%4.8%

4.5%

4.0%

2.9%

2Q13 3Q13 4Q13 1Q14 2Q14

NPSM Adj. NPSM

5.1%4.8%

4.6% 4.6%4.3%

5.3%5.0%

4.7% 4.6%4.2%

2Q13 3Q13 4Q13 1Q14 2Q14

NPSM Adj. NPSM

9.2%9.8%

3.1%

6.4%

1.7%

7.9% 8.2%7.4% 7.1%

5.2%

2Q13 3Q13 4Q13 1Q14 2Q14

Quarterly Trailing

NPSM & Adj. NPSM, quarterly

Quarterly & Trailing RoAE

NPSM & Adj. NPSM, trailing

0.9% 0.9%

0.3%

0.6%

0.2%

0.9% 0.8%

0.7% 0.7%

0.5%

2Q13 3Q13 4Q13 1Q14 2Q14

Quarterly Trailing

Quarterly & Trailing RoAA



Capitalization

12.15% 11.86% 11.75%13.35%

14.46%

2.37% 2.36% 2.53%

2.88%3.03%

2Q13 3Q13 4Q13 1Q14 2Q14

Tier 1 Tier 2

90% 90% 91%90%

85%

10%10% 9%

10%15%

2Q13 3Q13 4Q13 1Q14 2Q14

Credit Risk Other Risks

79% 76% 78% 82% 86%

2Q13 3Q13 4Q13 1Q14 2Q14

14.52%14.22% 14.27%

16.23%

17.49%

14.80%14.35%

14.00%14.45%

15.04%

16.33%

15.74%15.30%

15.75%

16.31%

2Q13 3Q13 4Q13 1Q14 2Q14

Bank Asya Part. Banks Banking Sec.

CAR (Tier 1+Tier 2) RWA Breakdown, (TL mn)

CAR Comparison RWA / Assets

14.52% 14.22%

18,46620,336 21,592

14.27%19,041

16.23%

17,870

17.49%



Retail Network

2,0221,910

1,8501,759

1,655

2Q13 3Q13 4Q13 1Q14 2Q14

# of Credit Cards, (‘000)

269

281 281 281 281

2Q13 3Q13 4Q13 1Q14 2Q14

# of Branches

91,00187,878 89,693 89,905

90,696

2Q13 3Q13 4Q13 1Q14 2Q14

# of POS

831891

963 9901,003

2Q13 3Q13 4Q13 1Q14 2Q14

# of ATMs



Branch & Personnel

2011 2012 2Q13 3Q13 4Q13 1Q14 2Q14

# of Personnel 4,542 5,064 5,146 5,182 5,075 5,027 4,819

# of Branches 200 251 269 281 281 281 281

Personnel per Branch 22.7 20.2 19.1 18.4 18.1 17.9 17.1



Subsidiaries & Affiliates

SubsidiariesField of

Operations

Bank’s

Share

Isik Insurance Insurance 67.5%

Tuna GYO REIC 69.4%

Asya Emeklilik ve Hayat Pension 98%

Dialog Musteri Hizmetleri Call Center 100%

Asya Menkul Degerler Brokerage House 100%

Asya Varlik Kiralama Asset Leasing 100%

Nil Yonetim Hizmetleri Operational Services 99.9%

Asya Portfoy YonetimiPortfolio

Management100%

Asya Girisim Sermayesi Venture Capital 100%

AffiliatesField of

Operations

Bank’s

Share

Landmark Holding Private Label

Producer

21.8%

Tamweel Holding Financial Holding in

Africa

40%

Kredi Garanti Fonu Credit Guarantee

Fund

1.75%



Shareholding Structure

B Type60%

A Type*40%

A Type Shares* B Type Shares

* A Type shareholders have only privilage to nominate the board members.

* Group A shares are owned by 185 shareholders

Ortadogu Tekstil

12%

Forum Insaat10%

Surat Basim7%

BJ Tekstil6%

Abdulkadir Konukoglu

5%

Other60%

Free Float54.05%

Other B Type5.95%

SHAREHOLDING STRUCTURE

Disclaimer Statement

The information and opinions contained in this document have been complied or arrived at by Asya Katılım Bankası A.Ş. from sources believed to be reliable and in good faith, but no

representation or warranty, expressed or implied, is made as to their accuracy, completeness or correctness. All opinions and estimates contained in this document constitute the

Company’s judgment as of the date of this document and are subject to change without notice. The information contained in this document is published for the assistance of recipients, but

is not to be relied upon authoritative or taken in substitution for the exercise of judgment by any recipient. The company does not accept any liability whatsoever for any direct or

consequential loss arising from any use of this document or its content. This document is strictly confidential and may not be reproduced, distributed or published for any purpose.

There materials contain statemens about future events and expectations that are forward-looking statements. Any statement in these materials that is not a statement of historical fact is a

forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially

different from any future results, performance or achievements expressed or implied by such forward-looking statements. Except to the extent required by law, we assume no obligations

or undertaking to update or revise any forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements. As a

result, you are cautioned not to place undue reliance on any forward-looking statements. The Bank, its advisers and each of their respective members, directors, officers and employees

disclaim any liability in case projections and plans given in this document are not realised.

Bank Asya

Investor Relations

Saray Mahallesi Dr. Adnan Büyükdeniz Caddesi No:10 34768 Ümraniye / İSTANBUL

[email protected]

Summary Financials (TL mn)€¦ · 2 INVESTOR RELATIONS Q2 2014 EARNINGS PRESENTATION Summary Financials (TL mn) 2009 2010 2011 2012 2013 2Q14 y/y q/q Assets 11,609 14,513 17,190

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