2017 Annual Report
Assessment of the Bank’s position in the sector in 2017

18.22% Türkiye Finans’ standard capital adequacy ratio was realized at 18.22%, a level higher than the average for the sector (16.87%) and participation banks (16.98%).

Türkiye Finans continues to strive to not only be a financial institution but also a real business partner for all of its stakeholders. The Bank currently operates with 287 branches and 3,767 employees, maintaining its strong capital structure.

Türkiye Finans commanded TL 39.1 billion of tTotal assets at the end of 2017. The volume of funds allocated, which had the biggest share in assets, stood at TL 26.5 billion while funds collected, which had the biggest share in liabilities, was reallized at TL 22 billion. The bank had a market share of 1.2% in the sector in terms of assets, funds allocated and funds collected as of the end of 2017. Looking at Türkiye Finans’ share in the participation banking sector in the same period, the Bank had a 24% share in assets, 25% in funds allocated and a 21% share in funds collected.

Türkiye Finans allocated TL 3.5 billion of credit within the scope of the Credit Guarantee Fund in 2017. The Bank’s market share stood at 2%.

Maintaining its strong capital structure, Türkiye Finans increased its shareholder’s equity by 11% to TL 4.1 billion during 2017. Türkiye Finans’ standard capital adequacy ratio was realized at 18.22%, a level higher than the average for the sector (16.87%) and participation banks (16.98%). Türkiye Finans closed 2017 with a net profit of TL 375 million, marking an increase of 27% YoY.

In the recent years, the process of digitalization has become one of the most important contemporary issues facing banks with banks and financial institutions starting to invest in digitalization. Türkiye Finans ramped up its investments in this area to keep pace with this transformation. The TFX Target platform Mobile application, founded by Türkiye Finans in 2014 as the first of its kind in the sector, was launched in 2017. We press ahead with our developments and investments in this area, with the aim of being able to offer more qualified and cheaper products and services over digital channels.

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