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144
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 gross and net loans under follow-up according to the borrowers
III. Group
IV. Group
V. Group
Loans and
receivables
with limited
collectibility
Loans and
receivables
with doubtful
collectibility
collectibility
Non-performing
loans and
receivables
Current Period (Net)
-
289
-
Loans granted to real persons and legal entities (Gross)
-
579
8,056
Specific provisions (-)
-
290
8,056
Loans granted to real persons and legal entities (Net)
-
289
-
Banks (Gross)
(1)
-
-
100
Specific provisions (-)
-
-
100
Banks (Net)
-
-
-
Other Loans and receivables (Gross)
-
-
-
Specific provisions (-)
-
-
-
Other Loans and receivables (Net)
-
-
-
Prior Period (Net)
295
-
-
Loans granted to real persons and legal entities (Gross)
369
-
8,054
Specific provisions (-)
74
-
8,054
Loans granted to real persons and legal entities (Net)
295
-
-
Banks (Gross)
(1)
-
-
100
Specific provisions (-)
-
-
100
Banks (Net)
-
-
-
Other Loans and receivables (Gross)
-
-
-
Specific provisions (-)
-
-
-
Other Loans and receivables (Net)
-
-
-
1
Foreign bank
Collection policy on loans determined as loss and other receivables
Loans determined as loans and other receivables are collected via legal follow-up and conversion of guarentees to cash.
Information on write-off policy
Loans under legal follow-up are classified and are made provision according to “Regulation on Procedures and Principles Concerning
Loans and Other Receivable’s Nature Definition and Provisions”. These loans are collected in collaboration with Department of Loan
Trace and Follow, Department of Law Services and Consultancy and other related departments. However if mentioned loans could not
be collected in any way, write-off procedure is implemented. This procedure is implemented by getting the opinion of Department of
Law Services and Consultancy and by obtaining approvals from Loan Trace and Follow Department and the Board of Directors.
6. Information on held to maturity financial assets
Information on transaction of repo and collateral/blocked financial assets (Net)
There are marketable securities as held to maturity and subject to repurchase transactions amounting to TL 37,959 (31 December
2012: None) as of 31 December 2013. There are financial assets as collateral/blocked amounting to TL 7,003 as of 31 December
2013 (31 December 2012: None).