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EvaluatIon of the Bank’s FInancIal PosItIon, ProfItabIlIty and Solvency
Assessment of the Assets
Continuing to grow also in 2013 VakıfBank, increased its total assets by 29.56% to TL 135,496 million. As of in 2013 yearend VakıfBank’s
interest earning assets’ ratio to total assets was 82.30%, while 65.79% of the total assets was in TL assets, 34.21% was FX assets.
Increasing loans, the fundamental brokerage function of the banking sector, by 27.45% to TL 86,496 million made the most important
contribution to VakıfBank’s asset growth in 2013. Increasing its commercial loans by 28.44% with the big step taken forward in SME loans
which are very important for growth strategies, VakıfBank increased its personal loans by 25.67%, mortgage loans by 29.34%, vehicle loans by
18.87% and installment consumer loans by 22.83%.
VakıfBank’s portfolio of securities increased by 18.01% and reached TL 21,692 million while its ratio in the assets was 16.01% in 2013
compared to the previous year.
Assessment of the Liabilities
In 2013, the portion of the deposits – one of the important sources of fund – in the liabilities decreased from 64.30% to 60.17%. VakıfBank,
while increasing its total amount of deposits by 21.25% to TL 81,533 million; increased the amount of its demand deposits by 25.36% and
its term deposits by 20.46%. As a consequence, term-demand deposit balance was 83.23% – 16.77% in 2013. This balance was 83.77% –
16.23% in 2012.
At 2013 yearend, while the 72.90% of the total deposits was in TL, 27.10% was in FX.
In 2013, VakıfBank made important progress to generate funds from non-deposit sources.
The domestic and foreign investors’ demand for the securities issued by the Bank, made a contribution to the diversification of fund sources
and the extension of the maturity structure.
VakıfBank started issuing securities in 2011 and continued to issue securities with different maturities and types (bonds, treasury bills and
similar marketable securities) in 2013 as well.
The equity capital of VakıfBank increased to TL 12,616 million. The portion of equity capital in total liabilities reached 9.31% in 2013.
ASSESSMENT OF THE ASSETS
(%)
2013
2012
2011
2010
2009
Cash Reserves
Marketable Securities
Loans
Other
15.95
16.01
64.33
4.01
13.66
17.58
65.15
3.61
10.60
21.43
64.26
3.71
10.84
24.43
60.65
4.08
14.18
28.52
53.36
3.94
ASSESSMENT OF THE LIABILITIES
(%)
Deposit
Money Markets
Borrowings (Including Subordinated Bonds)
Shareholders’ Equity
Other
Securities Issued
2012
2013
2011
2010
2009
8.12
10.68
64.30
60.17
8.72
9.87
2.32
5.08
11.40
9.31
6.66
68.33
9.24
0.55
10.43
10.99
64.49
8.55
11.57
9.48
68.91
6.74
11.39
5.14
4.89
4.79
4.40
3.48
302