VAKIFBANK
2015 ANNUAL REPORT
310
CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED CONSOLIDATED FINANCIAL STATEMENTS ORIGINALLY ISSUED IN TURKISH, SEE IN NOTE I. OF SECTION THREE
TÜRKİYE VAKIFLAR BANKASI TÜRK ANONİM ORTAKLIĞI AND
ITS FINANCIAL SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS AT AND
FOR THE YEAR ENDED 31 DECEMBER 2015
(Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.)
III. INFORMATION AND DISCLOSURES RELATED TO CONSOLIDATED OFF-BALANCE SHEET ITEMS
1. Disclosures related to other contingent liabilities
Type and amount of consolidated irrevocable commitments
Current Period
Prior Period
Commitments for credit card limits
7,399,361
7,641,987
Loan granting commitments
8,494,747
8,068,201
Commitments for cheque payments
1,805,569
1,638,976
Asset purchase sale commitments
3,843,373
2,686,862
Other
1,507,923
759,783
Total
23,050,973
20,795,809
Type and amount of possible losses from off-balance sheet items
Guarantees, bills of exchange and acceptances and other letters of credit which can be counted as financial collateral
The Parent Bank provided specific provision amounting to TL 40,930 (31 December 2014: TL 63,030) for non-cash loans that are not indemnified or
converted to cash recorded under off-balance sheet items, amounting to TL 97,721 (31 December 2014: TL 129,638).
Final guarantees, provisional guarantees, sureties and similar transactions
Current Period
Prior Period
Final letters of guarantee
9,289,202
7,737,748
Letters of guarantee for advances
3,438,136
2,603,790
Letters of guarantee given to custom offices
1,030,530
913,389
Provisional letters of guarantee
935,981
1,107,255
Other letters of guarantee
12,103,744
9,096,625
Total
26,797,593
21,458,807
2. Non-cash loans
Current Period
Prior Period
Non-cash loans given for cash loan risks
2,899,661
2,905,607
With original maturity of 1 year or less
1,176,515
1,846,045
With original maturity of more than 1 year
1,723,146
1,059,562
Other non-cash loans
30,220,240
25,769,440
Total
33,119,901
28,675,047
