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FINANCIAL HIGHLIGHTS AND RISK MANAGEMENT
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TÜRKİYE VAKIFLAR BANKASI TÜRK ANONİM ORTAKLIĞI AND ITS FINANCIAL SUBSIDIARIES
CONSOLIDATED FINANCIAL REPORT AS AT AND
FOR THE YEAR 31 DECEMBER 2014
(Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.)
CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED CONSOLIDATED FINANCIAL STATEMENTS ORIGINALLY ISSUED IN TURKISH, SEE IN NOTE I. OF SECTION THREE
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
52,348,682
4,810,208
-
-
Claims on regional governments or local authorities
2,990,873
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
16,770,100
7,032,378
-
-
Claims on corporates
51,793,913
514,692
-
634,888
Claims included in the regulatory retail portfolios
24,732,075
199,482
-
-
Claims secured by residential property
32,867,468
-
-
-
Past due loans
320,657
-
-
-
Higher risk categories decided by the Agency
12,635,218
15,115
-
-
Secured by mortgages
-
-
-
-
Securitization positions
-
-
-
-
Short-term claims and short-term corporate claims on banks and
intermediary institutions
-
-
-
-
Undertakings for collective investments in mutual funds
-
-
-
-
Other receivables
5,656,295
-
-
-
Total
201,168,606
12,654,551
-
634,888
Risk Classification-Prior Period
Amount
Financial
Guarantees
Other/Physical
Guarantees
Guarantees and
credit derivatives
Claims on sovereigns and Central Banks
46,007,464
4,283,181
-
-
Claims on regional governments or local authorities
1,875,473
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
14,734,825
6,664,579
-
-
Claims on corporates
41,951,114
449,994
-
-
Claims included in the regulatory retail portfolios
23,828,096
117,634
-
-
Claims secured by residential property
25,190,180
-
-
-
Past due loans
369,026
-
-
-
Higher risk categories decided by the Agency
12,242,193
-
-
-
Secured by mortgages
-
-
-
-
Securitization positions
-
-
-
-
Short-term claims and short-term corporate claims on banks and
intermediary institutions
-
-
-
-
Undertakings for collective investments in mutual funds
-
-
-
-
Other receivables
4,484,824
-
-
-
Total
171,081,086
11,581,952
-
-