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ARAP TÜRK BANKASI A.Ş.
NOTES TO CONSOLIDATED FINANCIAL
STATEMENTS AT 31 DECEMBER 2013
( Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated. )
CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED CONSOLIDATED FINANCIAL STATEMENTS
ORIGINALLY ISSUED IN TURKISH, SEE NOTE I OF SECTION THREE
The table below shows the distribution of corporate and commercial loans grades in respect of weight as of 31 December 2013;
Grade
Description
Weight
BBB
Reliable and Qualified
%17
BBB+
Reliable and Qualified
%16
A-
Very Good Firm
%14
A+
Very Good Firm
%11
A
Very Good Firm
%11
BBB-
Reliable and Qualified
%10
AA-
Maximum Reliability
%7
BB+
Low Reliably and risky
%7
BB
Low Reliably and risky
%5
BB-
Low Reliably and risky
%1
B+
Weak
%1
The table below shows the distribution of corporate and commercial loans grades in respect of weight as of 31 December 2012;
31 December 2012
Very good firm
% 50.82
Good firm
%27.01
Satisfactory firm
%11.73
Average firm
%9.03
Weak firm
-
Very weak firm
-
Liquidation
%0.94
Follow up
%0.03
Not rated
%0.44
Total loans
%100
(*) The rating distribution above does not include retail loans and loans granted to banks.
Accounting applications, the definition of non-performing and impaired elements
Determining the Nature of Loans and Other Receivables and Allocation Regulation on Procedures and Principles Regarding
Provisions under Article 4, Third, Fourth and Fifth classified in groups of all receivables, accrued interest and similar charges interest
on the principal amount owed whether or not additional or refinance, regardless of whether or not the non-performing loans are
considered impaired.
Although there are probable repayment, interest due to various reasons justify the collection of principal or interest payments, more
than thirty days from the maturity date or dates to be paid late, but without the condition of the third group delay time required for
classification as non-performing receivables are defined.