Basic HTML Version
Türkiye Vakıflar Bankası Türk Anonim Ortaklığı
and Its Financial Subsidiaries Consolidated Financial Report as at and
For the Year Ended 31 December 2013
(Currency: Thousands of Turkish Lira (“TL”))
Convenience Translation of the Consolidated Financial Statements and Related Disclosures and Footnotes Originally Issued in Turkish, See Section 3 Note I
In addition to the structure of the relationship, type of transaction, amount, and share in total transaction volume, amount of significant
items, and share in all items, pricing policy and other
Pricing policy and other conditions of transactions with the risk group of the Bank are determined and applied on arm’s length basis. The ratio of cash
and non-cash loans extended to the the risk group to the overall cash and non-cash loans are 0.03% (31 December 2012: 0.01%) and 3.26% (31
December 2012: 3.50%).
Current Year
Amount
Compared with the Financial
Statement Amount %
Cash Loans
26,115
0.03
Non-Cash Loans
711,315
3.26
Deposits
1,435,312
1.83
Previous Year
Amount
Compared with the Financial
Statement Amount %
Cash Loans
9,372
0.01
Non-Cash Loans
603,328
3.50
Deposits
1,336,944
1.95
VIII. Information on domestic, foreign and off-shore branches or investments and foreign representative offices of the Parent Bank
Domestic and foreign branches and representative offices of the Parent Bank
Number of Branches
Number of Employees
Domestic Branches
(*)
856
14,900
Country
Foreign Representative Offices
-
-
-
Total Assets
Capital
Foreign Branches
1
23
USA
2,938,068
35,310
1
16
Iraq
336,628
14,980
Off-shore Branches
1
4
Bahrain
16,070,869
-
(*)
Free zone branches in Turkey is included to domestic branches.
Opening or closing of domestic and foreign branches and representative offices and significant changes in organizational structure of the Parent Bank
During 2013, 115 domestic (during 2012: 65 domestic) new branches have been opened and no branches have been closed (during 2012: None).
VAKIFBANK ANNUAL REPORT 2013
299