14 / 272
14
A&T BANK ANNUAL REPORT 2014
A&T Bank in 2014
With the launch of Internet Banking services in
2014, A&T Bank fulfilled an important need in
terms of distribution channel diversification.
• Maintaining its high profitability, A&T Bank ranked first
among its peer group banks with a net profit for the period of
TL 70.5 million and return on equity at 15.28%.
• A&T Bank continued to support Turkish economy with its
foreign trade volume reaching US$ 2.9 billion and
TL 1.4 billion cash loan volume.
• Internet Banking is launched.
• Under the loan agreement signed with the Saudi Export
Program-SEP, which was established to promote the export
of non-petroleum products from Saudi Arabia, the Bank
allocated US$ 30 million loan limits to companies importing
from this country.
• Following a customer-oriented approach, A&T Bank
expanded its portfolio and launched a series of new products
and services including the Lump Sum Payment System,
Discount & Purchase Loan, Cash Management Program and
Cash Management products. The Bank has also expanded
its customer base in Turkey, increasing the number of active
customers by 20%.
• In addition to having a strong market position in North Africa,
A&T Bank bolstered the correspondent bank network in
Sub-Saharan countries, further increasing its niche share in
these markets.
• A&T Bank initiated the Workflow Management Project
in order to increase productivity in the Bank’s business
processes, measure and reduce transaction times, convert
to paperless transactions, and monitor business processes
from start to end. The first phase of the initiative included
workflows related to foreign trade and the IT Change
Management Program.
• A yearlong effort to improve and upgrade A&T Bank’s IT
infrastructure yielded a well-functioning system, which will
serve the Bank’s business needs over the long term.
• The Bank’s IT system passed the Leak Tests with a high
score well above the industry average. Leak testing aims to
ensure the security of the IT systems and architecture and is
carried out by Independent Auditors on behalf of the Banking
Regulation and Supervision Agency (BRSA).
• In 2014, training and development programs were a top
priority for A&T Bank. As a result, the Bank offered several
courses to enhance the knowledge base and skills of
employees.
42.2%
Net Term Profit
A&T Bank increased
net profit for the period
by 42.2%.