INVESTOR PRESENTATION 18Q2
|
|
- Beverley Morris
- 5 years ago
- Views:
Transcription
1 INVESTOR PRESENTATION 18Q2 1
2 Company & Market Potential 3 Company Overview 9 Financial Highlights 17 2
3 Company & Market Potential Company Overview Financial Highlights 3
4 Premium Production Number of Companies Non Life 39 Life 22 Reinsurance 2 Total 63 Number of Foreign Shared Companies Non Life 26 Life 18 Reinsurance 1 Total 45 Premium Production ( Bn) 35,4 39,7 18H1 (bn TRY) Life 3,8 14% 27,3 Non-Life 24,0 86% 5,0 3, ,8 SOURCE: Association of Insurance Companies Life Non-Life Non Life Life 4
5 Mandatory Policies in Turkey (Earthquake & MTPL) EARTHQUAKE MTPL & MOD 17,7 million houses 22,5 million vehicles 52,6% of houses are non-insured 22,7% of vehicles are non-insured (MTPL) 74% of vehicles are non-insured (MOD) SOURCE: turkstat, State Planning Organization, Association of Insurance Companies, bkm, tramer, TCIP 5
6 Non-Life Trends in the Sector Non-Life Premium Per Person Premium / GDP (%) Premium Per Person ($) World 2, USA 4, UK 2, Switzerland 4, Poland 2, Premium($) Premium(TRY) Turkey 1, SOURCE: Treasury, Association of Insurance Companies, Swiss Re Sigma 3,2018 6
7 Top 10 Non-Life Companies in the Sector-18Q2 ( Mn) Premium Production 18H1 Premium Production 17H1 Change (YoY) (%) Allianz ,1 Anadolu ,6 Ak ,9 Axa ,1 Mapfre ,8 Top 5 Companies ,8 6 to ,7 Top 10 Companies ,8 Other ,4 Total ,2 Other 35% PRODUCTION SHARE BY COMPANIES 6 to 10 22% Allianz 12% Mapfre 6% Anadolu 12% Ak 7% Axa 6% SOURCE: Association of Insurance Companies 7
8 Non-life Companies Premium Production Anadolu Sigorta ( Mn) Non-Life Sector ( Mn) 18Q2 17Q2 ΔYoY 18Q2 17Q2 ΔYoY Branch GPW GPW Growth GPW GPW Growth MTPL % % MOD % % Fire and Nat. D % % Health % % Other % % Total % % SOURCE: Association of Insurance Companies 8
9 Company & Market Potential Company Overview Financial Highlights 9
10 History o Founded by Mustafa Kemal Atatürk in 1925 o First national insurance company o Main activity: Non-life insurance(until 1991, both life and non-life) o group company 10
11 Shareholder Structure (18Q2) Other 43% Milli Reasürans Türk Anonim Şirketi ,3% Trakya Yatırım Holding A.Ş ,0% QİNVEST Portföy ,7% Other ,0% Total ,0% (*)Milli Reasürans 57% (*) 77% of Milli Reasürans is owned by T. İş Bankası 11
12 Distribution Channels(18Q2) İstanbul (2) Samsun Trabzon Bursa Ankara İzmir Adana Gaziantep Antalya Professional Agencies Işbank Branches N. Cyprus ~25% working exclusively with Anadolu Working exclusively with Anadolu 12
13 Distribution Channels (18Q2) Broker 12% Other 10% Direct 4% Bank 13% Agency 61% 13
14 Production by Regions (18Q2) Marmara 54% Black Sea 6% Aegean 10% Mediterranean 8% Middle Anatolia 17% South East Anatolia 3% East Anatolia 2%
15 Market Share & Rank (mn. TRY) BRANCHES 18Q2 17Q2 Rank Market Share 18Q2 18Q2 Growth MOD % 9% Fire % 24% General Liability % 30% Watercraft % 32% Aircraft % 58% Aircraft Liability % 9% MTPL % 21% Health % 40% General Losses % 29% Other % TOTAL ,9% 23% SOURCE: Association of Insurance Companies 15
16 Profitability Combined Ratio Combined Ratio 17Q2 18Q1 18Q2 MOD 102,8% 97,8% 109,0% MTPL 119,2% 120,2% 119,6% Fire 129,3% 84,2% 106,7% Health 130,9% 121,5% 111,3% P.Accident 50,5% 76,2% 68,0% General Liability 96,1% 153,1% 153,2% General Losses 68,9% 109,5% 117,7% Total 109,8% 107,3% 112,1% 17H1 18H1 100,7% 103,5% 106,9% 119,9% 109,7% 95,6% 117,0% 116,2% 59,3% 72,0% 183,0% 153,1% 80,4% 113,8% 106,2% 109,7% 103% 107% 107,1% 107,5% 109,7% 9% 9% 9% 9% 10% 14% 15% 15% 14% 13% 80% 83% 83% 85% 87% H1 Claims Ratio Net Comm. Ratio Expense Ratio 16
17 Company & Market Potential Company Overview Financial Highlights 17
18 Growth Performance Total Assets (mn TRY) (*) Tech. Reserves (mn TRY) 12% 8% Q Q2 Cash and Marketable Sec. (mn TRY) (*) Shareholders' Equity (mn TRY) Q Q2 (*) Financial loan excluded for 2015,2016, Q2 18
19 Financial Statements ,0% 17,1% ,0% ,0% ,2% 12,0% ,0% ,0% ,6% ,4% 6,0% 5,9% ,0% ,0% H1 Assets Shareholder's Equity Investment Portfolio Net Profit ROAE 0,0% 19
20 Balance Sheet Assets 18Q Liabilities 18Q Cash + Marketable Sec Equity Participations Other Assets Assets Technical Provisions Shareholders' Equity Other Liabilities Liabilities %6 increase in liquid assets %10 increase in total assets 20
21 Income Statement 18Q2 ( mn) P&L 18Q2 17Q2 18Q1 Change (%) (YoY) Change (%) (QoQ) Tech. Income (*) % 1% Tech. Expenses % 5% Net Financial Inc. + Other Exp. (*) % -9% Deferred Tax % -160% Gross Profit % -55% Tax % -84% Net Profit % -42% Income from subsidiary (34) Net Profit - dividend income excl % -19% (*) Financial income transferred to technical division is excluded 21
22 Core Indicators (TRY) 18Q Change (18Q2-2017) Mcap 2.130mn 1.550mn 37% Equity (Book Value) 1.736mn 1.639mn 6% P / BV 1,23 0,95 29% ,2% 1,4% ,7% 0,7% 0,8% ,0% ,2% 1,0% 0,8% ,6% 0,4% 0,2% Q2 Mcap Equity P/BV 0,0% 22
23 Profitability 22,44 15,4 17,74 17,31 7,7 9,9 5,9 8,7 7,4 10, Q2 ROE- ANHYT Excluded ROE - Consolidated 23
24 Highlights-18Q2 Improving Financials Strong Increase in Health Market Share Net Profit Market Share - Health 109,1 12,7% 85,4 63,0 9,6% 11,3% 11,1% 11,2% 10,7% 10,8% 24,3 12,8 2Q17 3Q17 4Q17 1Q18 2Q18 16q4 17q1 17q2 17q3 17q4 18q1 18q2 24
25 Investment Portfolio Bonds 9% Stocks 3% In 1H18; Dividend from ANHYT 34 mn TRY Funds 11% Investment Income * 361 mn TRY Average Portfolio Income ~ 16,6% TRY 4,44 bn * ANHYT dividend excluded. Deposits 77% TRY 4,12 bn at
26 Disclaimer Statement This presentation contains forward-looking statements and information on the business development of Anadolu Sigorta. These statements may be spoken or written and can be recognized by terms such as expects, anticipates, intends, plans, seeks or words with similar meaning. These statements are based on assumptions relating to the development of the economies of individual countries, and in particular of the insurance industry, which we have made on the basis of the information available to us and which we consider to be realistic at the time of going to press. The estimates given involve a degree of risk, and the actual developments may differ from those forecasts. Anadolu Sigorta does not accept any liability whatsoever for any direct or consequential loss arising from any use of this document or its content due to misleading information in this document. For further information please to: investor.relations@anadolusigorta.com.tr or call Anadolu Sigorta Investor Relations on ( ), ( ) 26
INVESTOR PRESENTATION 18Q3
INVESTOR PRESENTATION 18Q3 1 Company & Market Potential 3 Company Overview 9 Financial Highlights 17 2 Company & Market Potential Company Overview Financial Highlights 3 Premium Production Number of Companies
More informationINVESTOR PRESENTATION 18Q1
INVESTOR PRESENTATION 18Q1 1 Company & Market Potential 3 Company Overview 9 Financial Highlights 17 2 Company & Market Potential Company Overview Financial Highlights 3 Premium Production Number of Companies
More informationINVESTOR PRESENTATION 17Q4
INVESTOR PRESENTATION 17Q4 1 Company & Market Potential 3 Company Overview 11 Financial Highlights 20 2 Company & Market Potential Company Overview Financial Highlights 3 Premium Production-2017/12 Number
More informationFinancial Results 3Q18. Conference Call October 31, 2018
Financial Results 3Q18 Conference Call October 31, 2018 1 Content Highlights of Sector Growth Performance Highlights of Anadolu Core indicators Premium production Financial statements Market Share & Rank
More informationFinancial Results 2Q18. Conference Call July 31, 2018
Financial Results 2Q18 Conference Call July 31, 2018 1 Content Highlights of Sector Market Share & Rank Highlights of Anadolu Growth Performance Premium production Core indicators Branch Technical Results
More informationINVESTOR PRESENTATION 2016Q2
INVESTOR PRESENTATION 2016Q2 Contents Non-life Sector Profile 3 Outline of the Company 11 Financial Highlights 26 Appendix 33 2 Non-life Sector Profile Outline of the company Financial highlights 3 Premium
More informationINVESTOR PRESENTATION 2014Q3
INVESTOR PRESENTATION 2014Q3 Contents Non-life Sector Profile 3 Outline of the Company 11 Financial Highlights 23 Appendix 31 2 Non-life Sector Profile Outline of the company Financial highlights 3 Premium
More informationINVESTOR PRESENTATION 2015Q2
INVESTOR PRESENTATION 2015Q2 Contents Non-life Sector Profile 3 Outline of the Company 11 Financial Highlights 25 Appendix 33 2 Non-life Sector Profile Outline of the company Financial highlights 3 Number
More informationANADOLU HAYAT EMEKLİLİK A.Ş. COMPANY PRESENTATION. March 2011
ANADOLU HAYAT EMEKLİLİK A.Ş. COMPANY PRESENTATION March 2011 Disclaimer The information in this document has been obtained by Anadolu Hayat Emeklilik A.Ş. from sources believed to be reliable, however,
More informationANADOLU HAYAT EMEKLİLİK A.Ş. COMPANY PRESENTATION. December 2010
ANADOLU HAYAT EMEKLİLİK A.Ş. COMPANY PRESENTATION December 2010 Disclaimer The information in this document has been obtained by Anadolu Hayat Emeklilik A.Ş. from sources believed to be reliable, however,
More informationInvestor Presentation INVESTOR PRESENTATION. 30 JUNE 2018 İŞ LEASİNG June Investor Relations
1 INVESTOR PRESENTATION 30 JUNE 2018 Leasing Sector in Turkey Leasing Leasing advantages 3 VAT is %1 for various types of machinery Expertise on SMEs, consultancy and know-how support in addition to funding
More informationInvestor Presentation 31 Dec 2017
Investor Presentation 31 Dec 2017 Leasing Sector in Turkey 3 LEASING VAT is %1 for various types of machinery Sale&lease back has been added to product range in 2013 Expertise on SMEs, consultancy and
More informationInvestor Presentation INVESTOR PRESENTATION. 31 MARCH 2018 İŞ LEASİNG March Investor Relations
1 INVESTOR PRESENTATION 31 MARCH 2018 Leasing Sector in Turkey Leasing Leasing advantages 3 VAT is %1 for various types of machinery Expertise on SMEs, consultancy and know-how support in addition to funding
More informationInvestor Presentation INVESTOR PRESENTATION. 30 SEPTEMBER 2018 İŞ LEASİNG September Investor Relations
1 INVESTOR PRESENTATION 30 SEPTEMBER 2018 Leasing Sector in Turkey Leasing Leasing advantages 3 VAT is %1 for various types of machinery Expertise on SMEs, consultancy and know-how support in addition
More informationAnadolu Anonim Türk Sigorta Şirketi. 31 December 2015 Unconsolidated Financial Statements Together With Independent Auditors Report Thereon
31 December 2015 Unconsolidated Financial Statements Together With Independent Auditors Report Thereon 28 January 2016 This report includes 2 page of independent auditors report and 83 pages of financial
More informationInvestor Presentation 30 Sept 2017
Investor Presentation 30 Sept 2017 Leasing Sector in Turkey 3 LEASING VAT is %1 for various types of machinery Sale&lease back has been added to product range in 2013 Expertise on SMEs, consultancy and
More informationTURKISH INSURANCE MARKET OVERVIEW & STRUCTURE And COOPERATE GOVERNANCE AND INTERNAL SYSTEMS
TURKISH INSURANCE MARKET OVERVIEW & STRUCTURE And COOPERATE GOVERNANCE AND INTERNAL SYSTEMS Dilek SAKALLIOĞLU Senior Insurance Supervisor TOKYO Octaber, 2017 1 TURKISH INSURANCE MARKET OVERVIEW & STRUCTURE
More informationISBANK INVESTOR PRESENTATION 2018 Q1
ISBANK INVESTOR PRESENTATION 2018 Q1 Contents Isbank at a Glance 3 Financial Highlights 7 Retail Banking 26 Major Equity Participations 29 2 Isbank at a Glance 3 Financial Highlights 7 Retail Banking 26
More informationISBANK INVESTOR PRESENTATION 2017 Q3
ISBANK INVESTOR PRESENTATION 2017 Q3 Contents Isbank at a Glance 3 Financial Highlights 7 Retail Banking 26 Major Equity Participations 29 2 Isbank at a Glance 3 Financial Highlights 7 Retail Banking 26
More informationInvestor Presentation MARCH 31, 2010
Investor Presentation MARCH 31, 2010 LEASING SECTOR IN TURKEY 3 ADVANTAGES OF LEASING Expertise on SMEs, consultancy and know-how support in addition to funding. Fast credit approvals -leased asset ownership-,
More informationFinancial Services AKBANK
sabanc hold ng 2006 annual report 32 Financial Services AKBANK As of the end of 2006, Akbank not only ranked as Turkey s most valuable company but also was the most profitable private sector bank. With
More informationISBANK INVESTOR PRESENTATION 2018 H1
ISBANK INVESTOR PRESENTATION 2018 H1 Contents Isbank at a Glance 4 Financial Highlights 8 Retail Banking 27 Major Equity Participations 30 2 Isbank at a Glance 4 Financial Highlights 8 Retail Banking 27
More informationInvestor Presentation September 30, 2011
Investor Presentation September 30, 2011 Leasing Sector in Turkey 3 ADVANTAGES OF LEASING Expertise on SMEs, consultancy and know-how support in addition to funding. Fast credit approvals (leased asset
More informationISBANK INVESTOR PRESENTATION 2017 H1
ISBANK INVESTOR PRESENTATION 2017 H1 Contents Isbank at a Glance 3 Financial Highlights 7 Retail Banking 26 Major Equity Participations 29 2 Isbank at a Glance 3 Financial Highlights 7 Retail Banking 26
More informationISBANK INVESTOR PRESENTATION 2018
ISBANK INVESTOR PRESENTATION 2018 Contents Isbank at a Glance 4 Financial Highlights 8 Appendix 25 2 Isbank at a Glance 4 Financial Highlights 8 Appendix 25 3 Isbank in Brief Widespread shareholder base
More informationInvestor Presentation
Investor Presentation Contents Isbank at a Glance Financial Highlights 1 Retail Banking 1 Major Equity Participations 7 2 2 Isbank at a Glance Financial Highlights 1 Retail Banking 1 Major Equity Participations
More informationANADOLU HAYAT EMEKLİLİK A.Ş. COMPANY PRESENTATION. October 2013
ANADOLU HAYAT EMEKLİLİK A.Ş. COMPANY PRESENTATION October 2013 Contents Corporate Profile Lines of Business - Life & Pensions Financials Stock Data 2 Turkish Economy 2012 Population (End of 2011 ) 75.627.384
More informationANADOLU HAYAT EMEKLİLİK A.Ş. COMPANY PRESENTATION. April 2013
ANADOLU HAYAT EMEKLİLİK A.Ş. COMPANY PRESENTATION April 2013 Contents Corporate Profile Lines of Business - Life & Pensions Financials Stock Data 2 Turkish Economy 2012 Population (End of 2011 ) 75.627.384
More informationBCS Workshop, Brussels. November 10-11, GfK Türkiye. Ekim 2008
Tüketicinin Implementing Nabzı Consumer Araştırması Survey Raporu in Turkey Ekim 8 Contents 1 Overview of Methodology & Sampling 2 Consumer Confidence Indicator for Turkey 3 Demographic Implications of
More informationCONTENTS. I) IMPROVEMENTS ON THE BASIC INDICATORS OF THE YEARS 2002 & Text II) THE RESULTS OF THE YEAR Text
CONTENTS I) IMPROVEMENTS ON THE BASIC INDICATORS OF THE YEARS 2002 & 2003... Text II) THE RESULTS OF THE YEAR 2003...Text Graphics : Sheet Name Graphic 1. The labour force participation, employment and
More informationANADOLU HAYAT EMEKLİLİK A.Ş. COMPANY PRESENTATION. October 2012
ANADOLU HAYAT EMEKLİLİK A.Ş. COMPANY PRESENTATION October 2012 Contents Corporate Profile Lines of Business - Life & Pensions Financials Stock Data 2 Turkish Economy 2011 Population (End of 2011 ) 74.724.269
More informationInvestor Presentation December 31, 2011
Investor Presentation December 31, 2011 Leasing Sector in Turkey 3 ADVANTAGES OF LEASING Expertise on SMEs, consultancy and know-how support in addition to funding. 1 % VAT on selected machinery. (Finance
More informationINDEX GROUP COMPANIES ANALYST MEETING. 06 March Seba Office Boulevard, Istanbul
INDEX GROUP COMPANIES ANALYST MEETING 06 March 2018 Seba Office Boulevard, Istanbul Disclaimer This presentation contains information and analysis on financial statements as well as forward-looking statements
More informationBALANCE SHEET STATEMENT OF INCOME STATEMENT OF CASH FLOWS... 9 STATEMENT OF CHANGES IN EQUITY... 10
CONTENTS PAGE BALANCE SHEET... 1-5 STATEMENT OF INCOME...... 6-8 STATEMENT OF CASH FLOWS... 9 STATEMENT OF CHANGES IN EQUITY... 10 STATEMENT OF PROFIT DISTRIBUTION... 11 NOTES TO THE FINANCIAL STATEMENTS...
More informationMillî Reasürans Türk Anonim Şirketi
i Consolidated Balance Sheet As At 31 December 2011 Originally Issued in Turkish, See Note 2.1.1 ASSETS Audited Current Period 31 December 2011 Audited Prior Period 31 December 2010 I- Current Assets Note
More informationInvestor Presentation SEPTEMBER 30, 2009
Investor Presentation SEPTEMBER 30, 2009 LEASING SECTOR IN TURKEY 3 ADVANTAGES OF LEASING Expertise on SMEs, consultancy and know-how support in addition to funding. Fast credit approvals -leased asset
More informationPRESENTATION INTERNATIONAL FINANCIAL INSTITUTIONS SEPTEMBER Nov Version
PRESENTATION INTERNATIONAL FINANCIAL INSTITUTIONS SEPTEMBER 2017 21 Nov. 2017 Version Contents 01 02 03 04 05 06 Section 1 ABank Overview Section 2 Ownership Section 3 Business Strategy Section 4 Financial
More informationInvestor Presentation March 31, 2013
Investor Presentation March 31, 2013 Leasing Sector in Turkey 3 LEASING 1 % VAT on selected machinery. (Finance Ministry decree dated 27/12/2011) New Leasing Law approved(13/12/2012,law no: 6361). Product
More informationBALANCE SHEET STATEMENT OF INCOME STATEMENT OF CASH FLOWS... 9 STATEMENT OF CHANGES IN EQUITY... 10
CONTENTS PAGE BALANCE SHEET... 1-5 STATEMENT OF INCOME...... 6-8 STATEMENT OF CASH FLOWS... 9 STATEMENT OF CHANGES IN EQUITY... 10 STATEMENT OF PROFIT DISTRIBUTION... 11 NOTES TO THE FINANCIAL STATEMENTS...
More informationISBANK EARNINGS PRESENTATION 2018 Q2
ISBANK EARNINGS PRESENTATION 2018 Q2 2018 H1 Recent Developments in the Economy Global Outlook Main Indicators of Turkey US Robust economic activity Continued rate hikes from the Fed Growing uncertainties
More informationInvestor Presentation March 31, 2012
Investor Presentation March 31, 2012 Leasing Sector in Turkey 3 ADVANTAGES OF LEASING 1 % VAT on selected machinery. (Finance Ministry decree dated 27/12/2011) Expertise on SMEs, consultancy and know-how
More informationCONSOLIDATED BALANCE SHEET CONSOLIDATED STATEMENT OF INCOME CONSOLIDATED STATEMENT OF CASH FLOWS... 9
CONTENTS PAGE CONSOLIDATED BALANCE SHEET... 1-5 CONSOLIDATED STATEMENT OF INCOME...... 6-8 CONSOLIDATED STATEMENT OF CASH FLOWS... 9 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY... 10 CONSOLIDATED STATEMENT
More informationIndividual Pension System Progress Report 2013
Individual Pension System Progress Report 213 Individual Pension System Progress Report 213 besygr@egm.org.tr Electronic version of this document and reference data of selected statistics are available
More informationANADOLU HAYAT EMEKLİLİK ANONİM ŞİRKETİ CONSOLIDATED INTERIM FINANCIAL STATEMENTS AS AT AND FOR THE SIX-MONTH PERIOD ENDED 30 JUNE 2011
ANADOLU HAYAT EMEKLİLİK ANONİM ŞİRKETİ CONSOLIDATED INTERIM FINANCIAL STATEMENTS AS AT AND FOR THE SIX-MONTH PERIOD ENDED 30 JUNE 2011 We confirm that the consolidated interim financial statements and
More informationTÜRKİYE VAKIFLAR BANKASI T.A.O. Covered Bond Programme (Turkey) Monthly Investor Report: [01/10/2016] to [01/11/2016] Cut-off date: [01/11/2016]
1. PROGRAMME OVERVIEW 1.1 Group Group parent company Group consolidated financial information (link) T. Vakıflar Bankası T.A.O. T. Vakıflar Bankası T.A.O. http://www.vakifbank.com.tr/tas-consolidated.aspx?pageid=646
More informationAnadolu Hayat Emeklilik Anonim Şirketi
(Convenience Translation of Interim Financial Statements and Related Disclosures and Footnotes Originally Issued in Turkish, See Note 2.1.1) Anadolu Hayat Emeklilik Anonim Şirketi Consolidated Interim
More informationAlternatif Bank. International Financial Institutions, June 2018
Alternatif Bank International Financial Institutions, June 2018 Contents 1. Turkish Macroeconomy and Regulatory Environment 2. Alternatif Bank Overview 3. Ownership 4. Business Strategy 5. Financial Overview
More informationCONVENIENCE TRANSLATION INTO ENGLISH OF THE REVIEW REPORT RELATED TO INTERIM REPORT ORIGINALLY ISSUED IN TURKISH
CONVENIENCE TRANSLATION INTO ENGLISH OF THE REVIEW REPORT RELATED TO INTERIM REPORT ORIGINALLY ISSUED IN TURKISH To the Board of Directors of Ray Sigorta A.Ş. We have been appointed to review whether the
More informationAnadolu Hayat Emeklilik Anonim Şirketi
(Convenience Translation of Financial Statements Originally Issued in Turkish, See Note 2.1.1) Anadolu Hayat Emeklilik Anonim Şirketi 31 December 2016 Consolidated Financial Statements Together With Independent
More informationSEM Service Excellence Management. Overview with 2014 Financials
SEM Service Excellence Management Overview with Financials February 2015 The NBG Group Corporate information The National Bank, with dominant presence in the Greek banking market and strong profile in
More informationTÜRKİYE İŞ BANKASI ANONİM ŞİRKETİ THE CONSOLIDATED FINANCIAL REPORT AS OF AND FOR THE YEAR ENDED 31 DECEMBER 2014
TÜRKİYE İŞ BANKASI ANONİM ŞİRKETİ THE CONSOLIDATED FINANCIAL REPORT AS OF AND FOR THE YEAR ENDED 31 DECEMBER 2014 Headquarters Address: İş Kuleleri, 34330, Levent/İstanbul Telephone: 0212 316 00 00 Fax:
More informationTurkey: Recent Developments and Future Prospects. ISBANK Economic Research Division October 2018
Turkey: Recent Developments and Future Prospects ISBANK Economic Research Division October 2018 Macroeconomic Outlook Strong Economic Growth Cycle GDP of 851 bn USD (2017), 10.6k USD (2017) per capita
More informationTÜRKİYE İŞ BANKASI ANONİM ŞİRKETİ THE CONSOLIDATED FINANCIAL REPORT AS OF AND FOR THE YEAR ENDED 31 DECEMBER 2015
TÜRKİYE İŞ BANKASI ANONİM ŞİRKETİ THE CONSOLIDATED FINANCIAL REPORT AS OF AND FOR THE YEAR ENDED 31 DECEMBER 2015 Headquarters Address: İş Kuleleri, 34330, Levent/İstanbul Telephone: 0212 316 00 00 Fax:
More informationAnadolu Hayat Emeklilik Anonim Şirketi. Consolidated Financial Statements Together With Independent Auditors Report Thereon
(Convenience Translation of Financial Statements and Related Disclosures and Footnotes Originally Issued in Turkish, See Note 2.1.1) Anadolu Hayat Emeklilik Anonim Şirketi 31 December 2012 Consolidated
More informationInvestor Presentation December 31, 2012
Investor Presentation December 31, 2012 Leasing Sector in Turkey ADVANTAGES OF LEASING 1 % VAT on selected machinery. (Finance Ministry decree dated 27/12/2011) New Leasing Law approved(13/12/2012,law
More information2017 PERFORMANCE EVALUATION AND PROJECTIONS ORDINARY GENERAL MEETING OF SHAREHOLDERS 29 March 2018
2017 PERFORMANCE EVALUATION AND PROJECTIONS ORDINARY GENERAL MEETING OF SHAREHOLDERS 29 March 2018 OUR PURPOSE, VALUES & STRATEGIC PRIORITIES 2017 PERFORMANCE & OUR LEADING MARKET POSITION 2018 PROJECTIONS
More informationANADOLU HAYAT EMEKLİLİK A.Ş. COMPANY PRESENTATION. December 2011
ANADOLU HAYAT EMEKLİLİK A.Ş. COMPANY PRESENTATION December 2011 Disclaimer The information in this document has been obtained by Anadolu Hayat Emeklilik A.Ş. from sources believed to be reliable, however,
More informationFinansbank Overview with Q Financial Results. Investor Relations August 2014
Finansbank Overview with Q2 2014 Financial Results Investor Relations August 2014 Agenda NBG Group Finansbank Overview Financials Macroeconomic Indicators 1 The NBG Group Corporate information The National
More informationTÜRKİYE VAKIFLAR BANKASI T.A.O. Covered Bond Programme (Turkey) Monthly Investor Report: [01/02/2018] to [28/02/2018] Cut-off date: [28/02/2018]
1. PROGRAMME OVERVIEW 1.1 Group Group parent company Group consolidated financial information (link) T. Vakıflar Bankası T.A.O. T. Vakıflar Bankası T.A.O. http://www.vakifbank.com.tr/tas-consolidated.aspx?pageid=646
More informationSTATEMENT OF RESPONSIBILITY PURSUANT TO FINANCIAL REPORTS FOR THE PERIOD OF January 1, 2014 and March 31, 2014
STATEMENT OF RESPONSIBILITY PURSUANT TO FINANCIAL REPORTS FOR THE PERIOD OF January 1, 2014 and March 31, 2014 Resolution of Board of Directors to Approve the Financial Reports; Meeting Date : 25 / 04
More informationAnadolu Hayat Emeklilik Anonim Şirketi
Anadolu Hayat Emeklilik Anonim Şirketi June 30, 2018 Consolidated Interim Financial Statements Together With Independent Auditors Review Report Thereon (Convenience Translation of Financial Statements
More informationHISTORY DASK - TURKISH NATURAL CATASTROPHE INSURANCE POOL.
HISTORY The devastating Earthquakes in Marmara region on 17th August and 12th November 1999 Insured loss: around USD 800 milion Economic loss: over USD 10 billion Low insurance penetration (especially
More informationLeaving 58 years behind in the insurance industry, Ray Sigorta generated TL premiums in six months of the year 2017.
CORPORATE PROFILE Leaving 58 years behind in the insurance industry, Ray Sigorta generated 352.955.013.- TL premiums in six months of the year 2017. By the end of June 30, 2017, Ray Sigorta is carrying
More informationInsights. Turkish Insurance Bulletin
Insights December Turkish Insurance Bulletin Our Turkish Insurance Bulletin keeps senior executives around the world up-to-date with the developments in the Turkish insurance market a market that remains
More informationLeaving 59 years behind in the insurance industry, Ray Sigorta generated TL premiums in nine months of the year 2017.
CORPORATE PROFILE Leaving 59 years behind in the insurance industry, Ray Sigorta generated 501.295.254.- TL premiums in nine months of the year 2017. By the end of September 30, 2017, Ray Sigorta is carrying
More informationAnadolu Hayat Emeklilik Anonim Şirketi
Anadolu Hayat Emeklilik Anonim Şirketi December 31, 2018 Consolidated Financial Statements Together With Independent Auditors Review Report Thereon (Convenience Translation of Financial Statements and
More informationAnadolu Hayat Emeklilik Anonim Şirketi
Anadolu Hayat Emeklilik Anonim Şirketi December 31, 2017 Consolidated Financial Statements Together With Independent Auditors Report Thereon (Convenience Translation of Financial Statements and Related
More informationAgenda. Economic Landscape. Financial Performance. Inorganic Highlights. Performance vs. Peers. Conclusion
1 Disclaimer The information contained in this document has been provided on the basis of current knowledge, assumptions and expectations. In the event that any information is incorrect or any party misrepresented,
More informationPERFORMANCE & FINANCIAL RESULTS FY14
PERFORMANCE & FINANCIAL RESULTS FY14 February 4, 215 1 Performance & Financial Results FY14 About Us Market Performance Financial Results About Us Shareholder Structure Business Lines 2 Free Float 29%
More informationInvestor Presentation. TAS Bank Only Results
Investor Presentation TAS Bank Only Results 1st Half 2007 August, 2007 1 History Established in April 1954 under the special law Türkiye Vakıflar Bankasi Türk Anonim Ortaklığı Kanunu to manage cash derived
More informationTÜRK EKONOMİ BANKASI ANONİM ŞİRKETİ CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED JUNE 30, 2007
TÜRK EKONOMİ BANKASI ANONİM ŞİRKETİ CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED JUNE 30, 2007 To the Board of Directors of Türk Ekonomi Bankası A.Ş. İstanbul Report on Review of Interim Financial
More informationHow do we cope with the economical losses of disasters?
How do we cope with the economical losses of disasters? Berna Burçak Başbuğ Middle East Technical University Disaster Management and Implementation Center www.dmc.metu.edu.tr 26/September/2007-Chennai
More informationTürkiye İş Bankası Anonim Şirketi
(Convenience Translation of Consolidated Interim Financial Statements and Related Disclosures and Footnotes Originally Issued in Turkish, See Note I in Section Three) Türkiye İş Bankası Anonim Şirketi
More informationTÜRKİYE İŞ BANKASI ANONİM ŞİRKETİ THE CONSOLIDATED FINANCIAL REPORT AS OF AND FOR THE YEAR ENDED 31 DECEMBER 2013
TÜRKİYE İŞ BANKASI ANONİM ŞİRKETİ THE CONSOLIDATED FINANCIAL REPORT AS OF AND FOR THE YEAR ENDED 31 DECEMBER 2013 Headquarters Address: İş Kuleleri, 34330, Levent/İstanbul Telephone: 0212 316 00 00 Fax:
More informationTurkey: Recent Developments and Future Prospects. ISBANK Economic Research Division May 2018
Turkey: Recent Developments and Future Prospects ISBANK Economic Research Division May 2018 Macroeconomic Outlook Strong Economic Growth Cycle GDP of 851 bn USD (2017), 10.6k USD (2017) per capita Average
More informationTürkiye İş Bankası Anonim Şirketi and Its Subsidiaries
Türkiye İş Bankası Anonim Şirketi and Its Subsidiaries TABLE OF CONTENTS Independent auditors report on review of condensed consolidated interim financial information Page ------ Condensed consolidated
More informationINVESTOR PRESENTATION. Financial Year 2012
INVESTOR PRESENTATION Financial Year 2012 1 Disclaimer The information contained in this document has been provided on the basis of current knowledge, assumptions and expectations. In the event that any
More informationTürkiye İş Bankası A.Ş. Consolidated Financial Statements as of and for the Year Ended 31 December 2011 with Independent Auditors Report Thereon
Consolidated Financial Statements as of and for the Year Ended 31 December 2011 with Independent Auditors Report Thereon (Convenience Translation of Consolidated Financial Statements and Related Disclosures
More informationFinansbank Overview with 2012 Financial Results
Finansbank Overview with 2012 Financial Results Investor Relations March 2013 Index NBG Group Finansbank overview Financials Macroeconomic indicators 1 The NBG Group Corporate information National Bank
More informationPERFORMANCE & FINANCIAL RESULTS FY16
PERFORMANCE & FINANCIAL RESULTS FY16 February 6, 217 1 Performance & Financial Results FY16 About Us Operational Performance Financial Results About Us Shareholder Structure Business Lines 2 Brokerage
More information3Q17 Investor Presentation Albaraka Türk Participation Bank
3Q17 Investor Presentation Albaraka Türk Participation Bank 03 November 2017 Agenda 1 Introduction 2 Financial Highlights 3 4 Market Comparison Appendix Turkey Macroeconomic Developments 2004 2005 2006
More informationINTEGRATING POVERTY IN UTILITIES GOVERNANCE
United Nations Development Programme Hacettepe University Center for Market Economics and Entrepreneurship INTEGRATING POVERTY IN UTILITIES GOVERNANCE Necmiddin BAĞDADİOĞLU Hacettepe University Alparslan
More informationTURKEY S MODEL OF EXCELLENCE «AEGEAN FREE ZONE»
TURKEY S MODEL OF EXCELLENCE «AEGEAN FREE ZONE» What is a Free Zone A Free Zone is an area inside a country s borders but considered to be outside the customs area. The purpose of the area is to encourage
More informationsince 1929 Local Leader, Global Partner 2012 ANNUAL REPORT
since 1929 Local Leader, Global Partner 2012 ANNUAL REPORT Contents General Information 1 Vision-Mission 2 Corporate Profile 4 Milli Re Shareholder Structure 5 Milestones 6 Chairman s Message 8 General
More informationFinansbank Overview with Q3 13 Financial Results
Finansbank Overview with Financial Results Investor Relations November 2013 Index NBG Group Finansbank overview Financials Macroeconomic indicators 1 The NBG Group Corporate information The National Bank,
More informationANADOLU ANONİM TÜRK SİGORTA ŞİRKETİ MINUTES OF THE ANNUAL GENERAL ASSEMBLY MEETING HELD ON 26 MARCH 2018
ANADOLU ANONİM TÜRK SİGORTA ŞİRKETİ MINUTES OF THE ANNUAL GENERAL ASSEMBLY MEETING HELD ON 26 MARCH 2018 2017 General Assembly Meeting of Anadolu Anonim Türk Sigorta Şirketi was held on 26 March 2018 at
More informationPresentation. 2Q2011 BRSA Bank Only Results
Investor Presentation 2Q2011 BRSA Bank Only Results 1 Turkish Economy GDP Growth (%) 8.4% 6.9% 47% 4.7% 0.7% 8.9% 8.7% 2.5% 4.8% 2005 2006 2007 2008 2009 2010 2011E 2012E 100 90 80 70 60 50 40 30 Eurozone
More informationFinansbank Overview with Q1 13 Financial Results
Finansbank Overview with Financial Results Investor Relations May 2013 Index NBG Group Finansbank overview Financials Macroeconomic indicators 1 The NBG Group Corporate information National Bank of Greece,
More informationITALIAN INSURANCE IN FIGURES. Year 2017
ITALIAN INSURANCE IN FIGURES Year 2017 The Italian insurance industry gives a significant contribution to the economy and to the society, offering a wide range of services aiming at risk protection: from
More informationTransformative Power of Private Equity in Turkey
tepav Economic Policy Research Foundation of Turkey Transformative Power of Private Equity in Turkey Guven Sak, Berlin, Super Returns Conference 27 February 2012 Slide 2 Framework Current economic environment
More informationPERFORMANCE & FINANCIAL RESULTS 9M16
PERFORMANCE & FINANCIAL RESULTS 9M16 November 1, 2016 1 Performance & Financial Results 9M16 About Us Market Performance Financial Results About Us Shareholder Structure Business Lines 2 Brokerage & Trading
More informationInvestor Presentation. 2Q2017 BRSA Bank only Results
Investor Presentation 2Q2017 BRSA Bank only Results TSKB @ a Glance Ownership Structure İş Bank Group 50.71% Vakıfbank 8.38% Free Float and Others 40.91% First and only Private Development Bank in Turkey
More informationTable of contents. (1) Introduction. (2) The Factoring Industry. (3) Lider Faktoring Business Overview
Table of contents (1) Introduction (2) The Factoring Industry (3) Lider Faktoring Business Overview (4) Lider Faktoring Risk Management and Asset Quality (5) Lider Faktoring Financial Overview 1 (1) Introduction
More informationEarnings Presentation BRSA Bank-Only 1Q2009
Earnings Presentation BRSA Bank-Only 1Q2009 15 May 2009 1 1Q 2009 Vakifbank Highlights Conservative lending continues; total loan growth 2,5% QoQ. Strong growth in securities book,12% QoQ; TL securities
More informationEMPLOYMENT MONITORING BULLETIN
22.02.2018 ISSUE 69 Employment Increased by 972 Thousand in a Year, Decreased 48 Thousand in a Month The number of employees in formal employment increased by 7,2 percent in November 2017 compared to November
More informationŞekerbank T.A.Ş. Presentation on the Consolidated Financial Results as of
Şekerbank T.A.Ş. Presentation on the Consolidated Financial Results as of 30.09.2018 Table of content 1. Şekerbank At a Glance 2 2. Balance Sheet Structure and Asset Quality 8 3. 4. 5. Funding Structure
More informationFINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2008
ANADOLU HAYAT EMEKLİLİK A.Ş. FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2008 Translated into English from The Original Turkish Report ANADOLU HAYAT EMEKLİLİK ANONİM ŞİRKETİ INDEPENDENT AUDITOR
More information9M17. IFRS Financials 30 September IFRS Earnings Presentation 9M17
9M17 Earnings Presentation IFRS Financials 30 September 2017 ROBUST & HIGH QUALITY EARNINGS PERFORMANCE Net Income (TL million) Cumulative 37% Quarterly ROAE 18.3% 14.8% @2016YE ROAA 2.2% 1.8% @2016YE
More informationİş Yatırım Menkul Değerler Brokerage
OYAK SECURITIES Company Update İş Yatırım Menkul Değerler Brokerage April 22, 2014 Not just a bet on brokerage ISMEN maintains its leading position in brokerage, but bottom line is now relying less on
More informationEnvironment. of Turkey. Esra DOĞAN TULGAN Senior Project Director. Republic of Turkey Prime Ministry Investment Support and Promotion Agency
Investment Environment of Turkey Esra DOĞAN TULGAN Senior Project Director Republic of Turkey Prime Ministry Investment Support and Promotion Agency Agenda Key Figures on Turkey Top Reasons to Invest in
More information