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FINANCIAL HIGHLIGHTS AND RISK MANAGEMENT
CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED UNCONSOLIDATED FINANCIAL STATEMENTS ORIGINALLY ISSUED IN TURKISH, SEE NOTE I. OF SECTION THREE
TÜRKİYE VAKIFLAR BANKASI TÜRK ANONİM ORTAKLIĞI
UNCONSOLIDATED FINANCIAL REPORT FOR THE
YEAR ENDED AT 31 DECEMBER 2014
(Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.)
Main guarantors, credit derivatives’ counterparties and their credit worthiness
Assessment of credit worthiness of main guarantors is determined and monitored in accordance with the lending and intelligence procedures of the Bank.
Information about market and credit risk concentration in credit risk mitigation
Market risk and credit risk concentrations are carefully avoided.
Information about guarantees according to risk classifications
Information about guarantees according to risk classifications is shown in the table below:
Risk Classification - Current Period
Amount
Financial
Guarantees
Other/Physical
Guarantees
Guarantees and
credit derivatives
Claims on sovereigns and Central Banks
51,627,779
4,810,208
-
-
Claims on regional governments or local authorities
2,962,704
19,276
-
-
Claims on administrative bodies and other non-commercial
undertakings
1,053,325
63,400
-
-
Claims on multilateral development banks
-
-
-
-
Claims on international organizations
-
-
-
-
Claims on banks and intermediary institutions
15,420,064
7,032,378
-
-
Claims on corporate
48,245,645
514,692
-
634,888
Claims included in the regulatory retail portfolios
24,720,962
199,482
-
-
Claims secured by residential property
32,867,468
-
-
-
Past due loans
240,075
-
-
-
Higher risk categories decided by the Agency
12,534,696
15,115
-
-
Marketable securities secured by mortgages
-
-
-
-
Securitization exposures
-
-
-
-
Short-term claims and short-term corporate claims on banks and
intermediary institutions
-
-
-
-
Undertakings for collective investments in mutual funds
-
-
-
-
Other claims
6,088,226
-
-
-
Total
195,760,944
12,654,551
-
634,888
Risk Classification-Prior Period
Amount
Financial
Guarantees
Other/Physical
Guarantees
Guarantes and credit
derivatives
Claims on sovereigns and Central Banks
45,206,354
4,179,918
-
-
Claims on regional governments or local authorities
1,831,310
18,209
-
-
Claims on administrative bodies and other non-commercial
undertakings
397,891
48,355
-
-
Claims on multilateral development banks
-
-
-
-
Claims on international organizations
-
-
-
-
Claims on banks and intermediary institutions
14,215,220
6,664,579
-
-
Claims on corporate
38,727,023
376,873
-
-
Claims included in the regulatory retail portfolios
23,775,157
112,261
-
-
Claims secured by residential property
25,190,180
-
-
-
Past due loans
255,994
-
-
-
Higher risk categories decided by the Agency
12,242,193
-
-
-
Marketable securities secured by mortgages
-
-
-
-
Securitization exposures
-
-
-
-
Short-term claims and short-term corporate claims on banks and
intermediary institutions
-
-
-
-
Undertakings for collective investments in mutual funds
-
-
-
-
Other claims
5,408,492
-
-
-
Total
167,249,814
11,400,195
-
-