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TÜRKİYE VAKIFLAR BANKASI TÜRK ANONİM ORTAKLIĞI AND ITS FINANCIAL SUBSIDIARIES
CONSOLIDATED FINANCIAL REPORT AS AT AND
FOR THE YEAR ENDED 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
VAKIFBANK
2014 ANNUAL REPORT
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
The pricing of transactions with the risk group companies is set in compliance with the market prices. The ratio of cash and non-cash loans extended to the risk
group to the overall cash and non-cash loans are 0.01% (31 December 2013: 0.03%) and 2.37% (31 December 2013: 3.26%) respectively.
Current Period
Amount
Compared with the Financial
Statement Amount %
Cash Loans
6,255
0.01
Non-Cash Loans
680,460
2.37
Deposits
1,016,924
1.09
Prior Period
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
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
(*)
890
14,879
Country
Foreign Representative Offices
-
-
-
Total Assets
Capital
Foreign Branches
1
22
USA
3,230,484
38,280
1
16
Iraq
146,908
16,240
Off-shore Branches
1
3
Bahrain
15,475,104
-
(*)
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 2014, 34 domestic (during 2013: 115 domestic) new branches have been opened and no branches have been closed (during 2013: None).