Albaraka Türk Katilim Bankasi : 20.02.2023 BRSA Solo Figures
February 19, 2023
Share
Q4'2022
Investor Presentation
Albaraka Türk Participation Bank
20 Feb 2023
HİZMETE ÖZEL
6
Macreconomic Outlook
Global PMI
Index
70
60
50
50
49
40
30
Services
20
Manufacturing
01/19
04/19
07/19
10/19
01/20
04/20
07/20
10/20
01/21
04/21
07/21
10/21
01/22
04/22
07/22
10/22
01/23
04/23
Turkey: GDP Growth
Annual % Change
11.4
7.1
5.3
1.9
0.9
2019
2020
2021
3Q22
2022E
Sour ce: Bloomberg, TURKSTAT
Central Banks Policy Rates
%
10
8
6
EM
Fed
4
BOE
2
ECB
0
10/19
01/19
04/19
07/19
01/20
04/20
07/20
10/20
01/21
04/21
07/21
10/21
01/22
04/22
07/22
10/22
01/23
Turkey: Inflation
Annual % Change
100
80
60
64.3
40
20
0
04/22
1
01/19
04/19
07/19
10/19
01/20
04/20
07/20
10/20
01/21
04/21
07/21
10/21
01/22
07/22
10/22
01/23
6
Banking Sector Overview
Total Assets*
TL Billion
+55.7%
2021
+65.6%
14,344
2022
1,188
9,215
717
8.3%
7.8%
Banking Sector
Participation Banks
Percentage figures indicate the share of participation banks in total banking sector
NPL Ratio*
Funded Credits*
TL Billion
+54.2%
LC -TL
+70.5%
7,704
FC - TL
593
4,996
5,142
384
348
(67%)
2,851
(66%)
176
(57%)
(52%)
2,146
2,562
172
209
(43%)
(33%)
(51%)
(36%)
2021
2022
2021
2022
Banking Sector
Participation Banks
Credits extended to banks are included
Net Profit
-1.1
3.1
2.1
Bankacılık Sektörü
%
2021
-1.55
2022
2.9
1.4
Participation Banks
TL Billion
+366.3%
2021
+442.9%
433
2022
30
2021
2022
93
5
Banking Sector
Participation Banks
* NPL/ (Credits + f.leasing (net) + net NPL + accruals and rediscounts)
2
Sour ce : BRSA
Albaraka Türk Snapshot
Pre-Provisions Profit
Income - Cost Dynamics
Return on Equity & Assets*
TL Billion
281%
7.38
6.02
Gross Provisions
(TL 1.7 Billion Free Provisions)
1.94
1.84
1.37
Net Profit
0.10
2021
2022
TL Billion
+120%
11.05 2021 2022
+70%
+228%
+2,015%
6.02
5.02
5.67
+53%
3.33
2.88
2.23
1.84
1.46
0.14
Profit Share
Profit Share
Net Trading
Operational
Provision
Income
Expense
Income
Expenses
Expenses
+0.92
1.2
1.05
1.0
0.8
0.6
0.4
0.2
0.13
0.0
RoAA
%
+18.68
2021
21.18
2022
2.50
RoAE
* Annualized net profit/5Q average assets or equity
NPL Ratio
Provisioning Ratio
Performing Funded Credits*
Collected Funds
%
%
TL Billion, %
TL Billion, %
+18.4
LC - TL
-4.3
2021
2021
LC - TL
+31%
KKM
+23%
2022
88.7
2022
FC - TL
74.0
6.3
FC - TL
113
70.3
56.3
91
27
44.1
(24%)
20
23.5
(60%)
24
(22%)
1.9
-1.7
+13.2
(42%)
(22%)
1.9
19.7
32.8
29.9
71
61
(78%)
6.5
(58%)
(54%)
(40%)
0.2
NPL Ratio
Net NPL Ratio
Stage 3
Stage 2
2021
2022
2021
2022
Sour ce : Albaraka Turk Independent Audit Reports
* Includes P/L projects and f.leasing (net)
3
Profitability back on track, asset quality highly improved along with high provisions
Although high amount of provisions set aside, our net profit reached to TL 1.37 billion as end of 2022.
Net Profit
Net Profit + Provisions
Gross Operational Income
TL Million
TL Million
TL Billion
10.6
1,208%
281%
27%
7,382
16%
1,365
+213%
3,950
6%
Gross Special Provisions
3.4
Other Provisions
4%
34%
51%
1,940
(TL 1.7 Billion Free Provisions)
124
2,067
12%
Net Profit
104
1,711
50%
104
1,365
2021
2022
2021
2022
2021
2022
Trading Income (Loss)
Net Fees and Commissions Income
Other Operating Income
Net Profit Share Income
ROAE
ROAA
%
%
17.0%
21.2%
YoY
1.1%
YoY
15.0%
+1,868 Bps
0.7%
0.8%
+92 Bps
2.5%
5.6%
0.3%
0.1%
Q4'21
Q1'22
Q2'22
Q3'22
Q4'22
Q4'21
Q1'22
Q2'22
Q3'22
Q4'22
(*) Annualized net profit/5Q average equity
(*) Annualized net profit/5Q average assets
Sour ce : Albaraka Turk Independent Audit Reports
4
Attachments
Original Link
Original Document
Permalink
Disclaimer
Albaraka Türk Katilim Bankasi AS published this content on 20 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 March 2023 09:31:17 UTC.
Albaraka Turk Katilim Bankasi AS (Albaraka Turk) is a Turkey-based financial institution engaged in interest-free financial services. The Company provides a range of banking and financial services include Retail banking, which offers personal financing, credit cards, bank cards and other banking services, and Commercial/Corporate banking, which includes credits, cash management, foreign trade, business card and insurance services, as well as current and participation accounts. The Bank operates through a network of 122 domestic branches. In addition, the Bank operates as an insurance agency on behalf of Isik Sigorta, Anadolu Sigorta, Gunes Sigorta, Allianz, Aviva Sigorta, Neova Sigorta, Zurich Sigorta, Ankara Sigorta, Avivasa Emeklilik ve Hayat and Generali Sigorta. Albaraka Turk is a part of Albaraka Banking Group of Saudi Arabia.
ALBARAKA TÜRK KATILIM BANKASI 
