TF VARLIK KİRALAMA A.Ş.

TF Varlık Kiralama A.Ş. was established as a 100% affiliation of Türkiye Finans in February 2013 to intermediate in the Bank’s activities to find funds by issuing domestic and international lease certificates. The Company plans to promote the use of lease certificates and to inform investors of lease certificates as an investment instrument and the compliance of returns obtained from lease certificates with the principles of participation banking, in order to expand its investor base with the help of the Bank’s widespread branch network.

TF Varlık Kiralama A.Ş. issued a total of 10 lease certificates in 2023 with a total issuance volume of TL 9.2 billion. In 2023, TF Varlık Kiralama A.Ş. conducted 33% of its issuances through public offerings, and became the asset leasing company that most prefers the public offering method in the issuance of lease certificate in the sector as in previous years. In the issuance of lease certificates carried out in 2023, Türkiye Finans operated in the capacity of a fund user, while TF Varlık Kiralama A.Ş. was an issuer.

As a result of the strong demand for lease certificates and the issuances which we carried out, the Company rounded off a successful year. The Company continues to strengthen its position in the sector with its strong shareholder structure. It is expected that the company, which successfully realized the majority of domestic lease certificate issuances carried out in Turkey in 2023, will achieve a strong growth performance in 2024 in parallel with the growth in the sector.

TFKB VARLIK KİRALAMA A.Ş.

TFKB Varlık Kiralama A.Ş was founded on 8 July 2014 as an affiliation with Türkiye Finans following the approval of the Banking Regulation and Supervision Authority and the Capital Markets Board, and the company was registered to the trade registry. TFKB Varlık Kiralama A.Ş was established with the purpose of realizing the issuance of the lease certificates in which those companies which are customers of the Bank take part as the resource establishment.

Working to a vision of providing long term interest-free financing to the private sector, TFKB Varlık Kiralama A.Ş. has extended a total of TL 314 million in resources to the real sector through lease certificate issuances since its establishment.

With its strong shareholder structure, TFKB Varlık Kiralama A.Ş. plans to continue its successful issuances in 2024 as well.