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Türkiye Vakıflar Bankası Türk Anonim Ortaklığı
Unconsolidated Financial Report as at and
For the Year Ended 31 December 2013
(Currency: Thousands of Turkısh Lıra (“TL”))
(Convenience Translation of Financial Statements and Related Disclosures and Footnotes Originally Issued in Turkish, See Section 3 Note I)
III. Information and disclosures related to off-balance sheet items
1. Disclosures related to other contingent liabilities
Type and amount of irrevocable commitments
Current Year
Prior Year
Commitments for credit card limits
6,261,117
4,938,035
Loan granting commitments
6,730,503
4,950,300
Commitments for cheque payments
1,320,438
1,154,273
Asset purchase commitments
4,175,776
1,694,352
Other
261,822
344,648
Total
18,749,656
13,081,608
Type and amount of possible losses from off-balance sheet items including those referred to below
Guarantees, bills of exchange and acceptances and other letters of credit which can be counted as financial collateral
The Bank has provided specific provision amounting to TL 54,771 (31 December 2012: TL 36,173) for unliquidated non-cash loans recorded under off-
balance sheet items, amounting to TL 114,834 (31 December 2012: TL 82,825).
Final guarantees, provisional guarantees, sureties and similar transactions
Current Year
Prior Year
Provisional Letters of Guarantee
780,782
563,770
Final Letters of Guarantee
6,262,616
4,468,018
Letters of Guarantee for advances
2,617,441
2,269,159
Letters of Guarantee given to Customs Offices
650,221
379,638
Other Letters of Guarantee
7,584,524
4,951,533
Total
17,895,584
12,632,118
2. Non-cash Loans
Current Year
Prior Year
Non-Cash Loans Given for Cash Loan Risks
1,424,617
1,061,650
With Original Maturity of 1 Year or Less
915,858
582,779
With Original Maturity of More Than 1 Year
508,759
478,871
Other Non-Cash Loans
21,916,762
16,155,097
Total
23,341,379
17,216,747
VAKIFBANK ANNUAL REPORT 2013
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