VKF_FRAE_2017

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 EXPLANATIONS AND NOTES RELATED TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2017 (Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.) PART III: FINANCIAL HIGHLIGHTS AND RISK MANAGEMENT 324 VakıfBank Annual Report 2017 Average interest rates applied to monetary financial instruments (*) : Current Period Euro US Dollar Yen TL % % % % Assets: Cash and balance with CBRT - 1.50 - 4.00 Banks 0.19 4.02 - 14.18 Financial assets at fair value through profit/loss - 11.82 - 13.81 Interbank money market placements - - - 12.75 Available-for-sale financial assets 4.25 4.12 - 11.96 Loans and receivables 4.81 6.51 - 15.96 Held-to-maturity investments 5.05 6.52 - 11.51 Liabilities: Bank deposits 0.36 1.53 - 14.33 Other deposits 1.72 3.54 - 12.11 Interbank money market takings - 2.09 - 12.61 Miscellaneous payables - - - - Securities issued 2.90 4.84 - 13.73 Funds borrowed 1.32 3.21 - 13.37 Prior Period Euro US Dollar Yen TL % % % % Assets: Cash and balance with CBRT - 0.75 - 3.31 Banks 0.19 1.02 - 11.49 Financial assets at fair value through profit/loss 5.50 11.78 - 10.91 Interbank money market placements - - - 9.81 Available-for-sale financial assets 4.82 6.54 - 9.49 Loans and receivables 4.24 4.99 - 12.34 Held-to-maturity investments - 2.68 - 9.65 Liabilities: Bank deposits 0.21 1.18 - 10.87 Other deposits 1.37 2.84 - 9.17 Interbank money market takings 0.19 1.77 - 8.32 Miscellaneous payables - - - - Securities issued 2.90 4.88 - 9.60 Funds borrowed 1.02 2.49 - 11.18 (*) The rates above are calculated over financial instruments with interest rates.