Asset Quality and Profitability

The total assets of Türkiye Finans increased by 15% YoY to reach TL 38.6 billion in value by the end of December 2015. The Bank posted a profit of TL 333 million before tax and net income of TL 261 million.

Funds Collected and Shareholders’ Equity

Funds collected, which represent the Bank’s most important financial resource, increased by 16% YoY to reach TL 22 billion as of December 2015. Funds collected accounted for a 57% share in the Bank’s overall balance sheet. Of this total, 54% is held in Turkish Lira and the remaining 46% in foreign currency accounts. With the inclusion of retained previous year profits, total shareholders’ equity amounted to TL 3.4 billion in 2014.

The Bank’s standard capital adequacy ratio stood at 13.51% as of the end of December 2015, compared to 12.47% a year ago