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138
ARAP TÜRK BANKASI A.Ş.
NOTES TO UNCONSOLIDATED FINANCIAL
STATEMENTS AT 31 DECEMBER 2013
( Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated. )
CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED UNCONSOLIDATED FINANCIAL
STATEMENTS ORIGINALLY ISSUED IN TURKISH, SEE NOTE I OF SECTION THREE
Information on Reserve Deposits
The banks operating in Turkey keep reserve deposits for Turkish currency and foreign currency at the rates of between 5% and
11.5% (31 December 2012: between 5% and 11%), and for USD or EUR at the rates of 6% and 13% respectively according to their
maturities as per the Communique no.2005/1 ‘’Reserve Deposits ‘’ of the Central Bank of Turkey (31 December 2012: between 6%
and 11%). Interest rates are not applied for reserve requirements by the Central Bank of Turkey.
2. Information on financial assets at fair value through profit/loss
Among financial assets at fair value through profit or loss; there is no subjected to repurchase transaction and there is no collateral /
blocked financial assets at fair value through profit or loss in the current period (31 December 2012: TL 24,205).
Positive differences on derivative financial assets held for trading showed as below:
Derivative Financial Assets Held for Trading
Current Period
Prior Period
TL
FC
TL
FC
Forward Transactions
-
-
-
-
Swap Transactions
-
-
17
-
Futures
-
-
-
-
Options
-
-
-
-
Other
-
-
-
-
Total
-
-
17
-
3. Information on banks and other financial institutions
Current Period
Prior Period
TL
FC
TL
FC
Banks
Domestic banks
18,354
1,062,880
60,116
730,942
Foreign banks
-
16,573
-
5,060
Foreign head offices and branches
-
-
-
-
Total
18,354
1,079,453
60,116
736,002
Information on foreign banks
Free Amount
Restricted Amount
Current Period
Prior Period Current Period
Prior Period
EU Countries
4,223
1,454
-
-
USA, Canada
230
1,213
-
-
OECD Countries (*)
400
154
-
-
Off-Shore Banking Regions
-
-
-
-
Other
11,720
2,239
-
-
Total
16,573
5,060
-
-
(*) OECD countries except USA, EU and Canada.