June, 2011
1
• PROFILE
• SHAREHOLDERS
• PRODUCTS AND SERVICES
• FINANCIALS
• RANKING, INFO ABOUT ISLAMIC BANKING
• CONTACT DETAILS
2
TFKB PROFILE
BEFORE MERGER
AFTER MERGER
SALES PROTOCOL
CURRENT STATUS
WITH
Family Finans
operated with
special finance
house status
with interest
free banking
principles
between 1985 –
2005 owned by
Ulker Group.
Anadolu Finans
operated with
special finance
house status with
interest free
banking principles
between 1991-2005
owned by Boydak
Holding.
Family Finans and
Anadolu Finans
merged under the
name of Turkiye
Finans after the
approval of BRSA
dd.28.12.2005.
Special Finance
House gained the
status of Participation
Bank in 2005.
As a part of NCB’s international
expansion strategy, 64.68% share
of Turkiye Finans was acquired by
NCB whereas Ulker Group and
Boydak Holding remained as
strategic partners with 13.76% and
21.56% shares respectively.
TFKB with NCB partnership will
continue its growth performance
and prove to be more competitive
in both national and international
markests in the forthcoming
period.
183 branches and 6 regional
branches all over Turkey.
 More than 500.000
individual and 20.000
corporate customers.
360.356 credit cards and
3404 employees.
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SHAREHOLDERS
The National Commercial Bank
is the most prominent of Saudi
banks and was the first bank
established in Saudi Arabia
(1953).
The Bank operated 280
branches throughout the
Kingdom, dedicated exclusively to
Islamic Banking services.
They have an OBU in Bahrain a
branch in Beirut, a rep. office in
each London, Singapore and
Seoul. They are aiming to open a
rep. office in China and to take
over a bank in Egypt.
The credit rating of the bank
has increased to A by Fitch
Agency and A+ by Standard and
Poors. NCB is the largest Bank in
terms of capital in the Arab world.
The Bank’s paid-up capital at
year-end of 2009 is US$ 4,000
million.
Total assets at year-end 2009
totaled US$ 68,654 million.
Net profit for fiscal year 2009
totaled US$ 1,077 million.
Shareholders’ equity at year-end
2009 totaled US$ 7,806 million.
Founded in 1959
USD 3.4 billion turnover in
2008
USD 363 million export volume
More than 11.000 employees
22 Companies
Leader of Furniture, Home
Textile, Cable Sectors
Factories are located in Turkey
(Kayseri and Bursa,) .
Founded in 1944
10,9 billion USD turnover in
2008,
1,3 billion USD exports and
international operations’
revenue.
Employing around 29,500
employees at 68 companies and
53 factories, 10 of which are in
abroad.
13 companies of Ülker Group
are enlisted among top 500
industrial firms in Turkey.
Market leader in many subsegments of food and beverage
industries and operating in
packaging, IT, real estate
sectors.
4
BOARD OF DIRECTORS
Mr. Mustafa BOYDAK
Chairman
Mr. V.Derya GURERK
Board Member/ Chief
Executive Officer
Mr. Abdulkareem Abu
ALNASR
Vice Chairman
Mr. Donald Paul HILL
Board Member/ Head of
Executive Committee
Mr. Varol ŞENEL
Board Member
Mr. Brian Keith
BELCHER
Board Member
Mr. Mehmet Atila
KURAMA
Board Member
5
SHAREHOLDERS STRUCTURE
64.68%
21.56%
13.76%
6
PRODUCTS AND SERVICES
SME Sectoral Packages
and SME Financing
FX
Guarantee Support
Leasing
Profit/ Loss Participation
Franchising and
Agricultural Loans
Letter of Credits and
Guarantees
Correspondent Banking
Exports/ Imports
Customer Transfers
Check Collection
ECA/SEP/GSM/ITFC
Credits
Syndications
Project Financing
Consulting Services
Treasury Transactions
Personal Financing
Credit Cards
POS
Invoice Payments
Securities
Internet Banking
Mobile Banking
ATM Banking
SMS Banking
E-Reminder Service
Telephone Banking
7
TRANSFORMATION PROJECT
CUSTOMER
FOCUSED
SERVICING
EMPHASIS ON
RISK
MANAGEMENT
AND COMPLIANCE
OPTIMIZATION OF
ALTERNATIVE
CHANNELS
2010
ACTIVIZATION OF
BRANCH
NETWORK
ESCALATION OF
TREASURY
INSTRUMENTS
RE-DEFINITION
OF JOB FAMILIES
8
TFKB FIGURES
LAST 5 YEARS BY GRAPHICS
ASSETS
14,000
NET PROFIT
250
12,315
12,000
10,000
8,679
6,000
ASSETS X
1.000.000 TL
7,104
8,000
199
200
9,953
5,577
147
150
205
160
NET PROFIT X
1.000.000 TL
91
100
4,000
50
2,000
0
0
2007
2008
2009
2010
2007
2011-II
SHAREHOLDERS' EQUITY
2009
2010
1,340
1,500
8,397
1,481
8,000
1,169
1,200
1,001
SHAREHOLDERS'
EQUITY X
1.000.000 TL
900
591
2011-II
DEPOSITS
10,000
1,800
600
2008
8,885
6,894
5,312
6,000
DEPOSITS X
1.000.000 TL
4,306
4,000
2,000
300
0
0
2007
2008
2009
2010
2011-II
2007
2008
2009
2010
2011-II
9
TFKB FIGURES
LAST 5 YEARS BY GRAPHICS
FOREIGN TRADE
VOLUME
12,000
20
10,680
10,000
8,000
CAPITAL ADEQUACY RATIO
7,127
8,120
16.84
15
8,255
6,588
6,000
FOREIGN TRADE
VOLUME X
USD 1.000.000
4,000
17.08
15.03
CAPITAL
ADEQUACY
RATIO %
10
5
2,000
0
0
2007
2008
2009
2010
2011-II
2007
2008
FUNDING
2009
2010
2011-II
NPL
5
12,000
4.1
9,434
10,000
8,000
6,000
17.21
14.58
7,165
4
3.3
7,975
FUNDING X
1.000.000 TL
5,498
4,665
3
3.0
2.6
2.3
NPL %
2
4,000
1
2,000
0
0
2007
2008
2009
2010
2011-II
2007
2008
2009
2010
2011-II
10
FOREIGN TRADE VOLUMES FOR LAST 5 YEARS
CONFIRMED L/Cs
300
258
250
200
261
UNCONFIRMED L/Cs
600
251
212
400
150
CONFIRMED L/Cs
X USD 1,000,000
100
300
100
0
0
2007
2008
2009
2010
2011-II
COUNTER GUARANTEE
L/Gs
108.8
117.2
297.6
307.7
340.4
2007
2008
2009
2010
66.1
45
42.4
COUNTER
GUARANTEE L/Gs
X USD 1.000.000
2011-II
90
60
59.3
UNCONFIRMED
L/Cs
X USD 1.000.000
DIRECT L/Gs
75
90.9
272.5
200
50
140
120
100
80
60
40
20
0
459.2
500
193
30
25.9
28.9
2007
2008
56.6
36.3
DIRECT L/Gs
X USD 1.000.000
15
0
2007
2008
2009
2010
2011-II
2009
2010
2011-II
11
TFKB BY NUMBERS
183 Branches all over Turkey
More than 500.000 Deposit / Individual Customers
More than 20.000 Corporate Customers
360.356 Credit Cards in Circulation
3.404 Employees
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OUR BRANCHES
Kastamonu
Giresun
Mardin
İSTANBUL
ANKARA
İZMİR
ADANA
KAYSERİ
: 72 Branches + İstanbul Anadolu and Avrupa Regional Branches
: 15 Branches+Ankara Regioal Branch
: 5 Branches + İzmir Regional Branch
: 4 Branches + Adana Regional Branch
: 20 Branches + Kayseri Regional Branch
THROUGHOUT TURKEY: 183 Branches
13
AWARDS
“2007 BEST ISLAMIC BANK AND THE SERVICE PROVIDING
INSTITUTION” BY ISLAMIC FINANCE NEWS MAGAZINE
“2008 BEST ISLAMIC BANK IN TURKEY”
BY GLOBAL FINANCE MAGAZINE
14
“2009 BEST ISLAMIC BANK IN TURKEY”
BY ISLAMIC FINANCE NEWS MAGAZINE”
“2010 BEST ISLAMIC FINANCE BANK IN TURKEY”
BY GLOBAL FINANCE NEWS MAGAZINE”
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TFKB ranks 13th by assets
HSBC
Eurobank Tekfen
Anadolubank
Kuvey t Türk
Şekerbank
Albaraka Türk
ING
TÜRKİY E FİNANS*
TEB
Fortis
0
Bank Asy a
20,000
Dexia
40,000
Finansbank
60,000
Y apı Kredi
80,000
Türkiy e İş Bankası
100,000
Akbank
120,000
Garanti
Türkiy e İş Bankası
Garanti
Akbank
Y apı Kredi
Finans Bank
Dexia
ING
TEB
HSBC
Fortis
Şekerbank
Bank Asya
TÜRKİY E FİNANS*
Kuvey t Türk
Albaraka
Anadolu Bank
Eurobank Tekfen
Tekstilbank
RANKING AMONG PRIVATE BANKS
IN TURKEY
2,000
1,800
1,600
1,400
1,200
1,000
800
600
400
200
0
TFKB ranks 11th by profitibality
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INFO ABOUT ISLAMIC BANKING
Governing principles are based on the strict refrainment from interest, speculation, goods and services contradicting
Islamic values.
Islamic Banking promotes risk sharing between provider of capital (investor) and the user of funds (entrepreneur).
It also aims at maximizing profit but subject to Islamic sharia principles.
Participation in partnership business is the fundamental function of the Islamic banks. So they have to understand their
customer's business very well.
The status of Islamic bank in relation to its clients is that of partners, investors and trader, buyer and seller.
The Islamic banks have no provision to charge any extra money from the defaulters. Only small amount of compensation
and these proceeds is given to charity.
Since it shares profit and loss, the Islamic banks pay greater attention to developing project appraisal and evaluations.
It gives due importance to the public interest. Its ultimate aim is to ensure growth with equity.
Fund collection is a profit-loss sharing based mudarabah concept, clients may have to share in a loss position.
Funds are being collected through mudaraba and placed mainly through murabaha. The existence of a trade transaction
is essential. Functioning of Islamic Banking requires to be an integral part of the real sector.
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ISLAMIC BANKING DEFINITIONS
Mudaraba
• Participation accounts can be considered as a version of a Mudaraba.
• Bank utilises the funds deposited by account holders, which are accumulated in a pool for specific business activities.
• Any profits earned are shared between the account holder and the bank, in proportion to an agreed ratio.
. Bank provides finance by purchasing the desired commodity from a third party and reselling it to the purchaser at a
Murabaha
predetermined higher price (mark-up) payable in instalments.
• Under commodity Murabaha, subject goods are commodities traded at the exchange and there is no purchase of
goods that could be subject to a financing.
• Asset remains in the ownership of the bank until the facility is paid in full.
. Relationship established under a contract by the mutual consent of the parties for sharing of profits and losses in
Musharakah
the joint business.
• The Islamic bank provides funds, which are mixed with the funds of the business enterprise and others.
• All providers of capital are entitled to participate in management, but not necessarily required to do so.
• The profit is distributed among the partners in pre-agreed ratios, while the loss is borne by each partner strictly in
proportion to respective capital contributions.
.The Islamic equivalent of a bond and the generally applied structure involves transfer of fixed assets by the borrower
Sukuk
to the financier for on lease to the borrower.
.Sukuks represent proportionate beneficial ownership. For a defined period the risk and returns associated with the
cash flows generated from the assets belong to the sukuk holder. The characteristics of a sukuk are similar to a
conventional bond with the difference that they are asset backed.
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INTERNATIONAL FINANCIAL
INSTITUTIONS CONTACT DETAILS
Mr. M.Fatih BULAÇ
Head of Financial Institutions
Phone:+90 212 393 10 90
E-mail:
fatih.bulac@turkiyefinans.com.tr
Correspondent
Banking
Ms. Ayla AKMAN
Senior Area Manager
Phone:+90 212 393 1093
ayla.akman@turkiyefinans.
com.tr
Mrs. Ozgen AKYOL
Area Manager
Phone: +90 212 393 1091
ozgen.akyol@turkiyefinan
s.com.tr
Mrs. Zeynep SAGDIC
Senior Area Manager
Phone:+90 212 393 1096
zeynep.sagdic@turkiyefinan
s.com.tr
Investment
Banking
Mr. Harun BAYKARA
Asst. Vice President
Phone:+90 212 393 1097
harun.baykara@turkiyefina
ns.com.tr
Mrs. Yesim CETIN
Senior Area Manager
Phone:+90 212 393 1095
yesim.cetin@turkiyefinans.
com.tr
Mr. Erhan DEMIRTAS
Senior Area Manager
Phone: +90 212 393 1094
erhan.demirtas@turkiyefin
ans.com.tr
Mr. Ahmet CORUMLUGIL
Area Manager
Phone: +90 212 393 1077
ahmet.corumlugil@turkiy
efinans.com.tr
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