Normal customer relationships and market conditions are always taken into account and the limits and restrictions prescribed by Law of Banks are always complied with in all of the Bank’s dealings, including those involving related parties. Details of Türkiye Finans’ transactions with related parties are as follows. Also details of Türkiye Finans’ transactions with related parties are presented in item seven of part five of the Independent Auditors’ Report section of this annual report.
1. Information on Loans and other Receivables of the Participation Bank’s Risk Group
Bank’s Risk Group |
Associates, Subsidiaries and Jointly Controlled Entities |
Direct and Indirect Shareholders of the Bank |
Other items that have been included in the Risk Group |
|||
|---|---|---|---|---|---|---|
Loans and Others Receivables |
Cash |
Non Cash |
Cash |
Non Cash |
Cash |
Non Cash |
Balance at the beginning of the period |
387,157 |
-- |
138 |
10,573 |
169,073 |
90,291 |
Balance at the end of the period |
368,895 |
-- |
46 |
11,871 |
232,051 |
84,299 |
Profit Share and Commission Income |
50,804 |
-- |
4,078 |
-- |
26,126 |
486 |
(*) Lease receivables from the Participation Bank’s risk group are included in cash balances amounting to TL 1,790.
(**) The information given in the table includes credits and securities.
Bank’s Risk Group |
Associates, Subsidiaries and Jointly Controlled Entities |
Direct and Indirect Shareholders of the Bank |
Other items that have been included in the Risk Group |
|||
|---|---|---|---|---|---|---|
Current and Profit Sharing Accounts |
Current Period |
Prior Period |
Current Period |
Prior Period |
Current Period |
Prior Period |
Balance at the beginning of the period |
696 |
371 |
253,138 |
287,685 |
213,718 |
197,774 |
Balance at the end of the period |
561 |
696 |
77,229 |
253,138 |
81,782 |
213,718 |
Profit Share Expenses |
-- |
-- |
9,291 |
11,673 |
5,568 |
7,776 |
3. Forward Transactions, Option Contracts and Other Similar Contracts Made with the Participation Bank’s Risk Group
Bank’s Risk Group |
Associates, Subsidiaries and Jointly Controlled Entities |
Direct and Indirect Shareholders of the Bank |
Other items that have been included in the Risk Group |
|||
Financial Transactions at fair value through |
Current Period |
Prior Period |
Current Period |
Prior Period |
Current Period |
Prior Period |
profit/loss |
-- |
-- |
67,795 |
37,623 |
-- |
-- |
Balance at the beginning of the period |
-- |
-- |
42,401 |
67,795 |
-- |
-- |
Balance at the end of the period |
-- |
-- |
3,327 |
497 |
-- |
-- |
Total Profit/Loss |
|
|
|
|
|
|
Derivative Instruments Held for Risk |
-- |
-- |
-- |
-- |
-- |
-- |
Management |
-- |
-- |
-- |
-- |
-- |
-- |
Balance at the beginning of the period |
-- |
-- |
-- |
-- |
-- |
-- |
Balance at the end of the period |
|
|
|
|
|
|
Total Profit/Loss |
|
|
|
|
|
|
4. Funds Borrowed from the Participation Bank’s Risk Group
Bank’s Risk Group |
Associates, Subsidiaries and Jointly Controlled Entities |
Direct and Indirect Shareholders of the Bank |
Other items that have been included in the Risk Group |
|||
|---|---|---|---|---|---|---|
Loans Received |
Current Period |
Prior Period |
Current Period |
Prior Period |
Current Period |
Prior Period |
Balance at the beginning of the period |
4,134,365 |
3,072,918 |
1,321,788 |
1,205,341 |
-- |
-- |
Balance at the end of the period |
4,929,125 |
4134,365 |
1,607,509 |
1,321,788 |
-- |
-- |
Profit Share and Commission Expense |
248,193 |
217,855 |
89,268 |
72,661 |
|
|
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