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241
Convenience Translation of Publicly Announced Consolidated Fınancial
Statements Originally Issued in Turkish, See Note I of Section Three
Arap Türk Bankası A.Ş.
Notes to Consolidated Financial
Statements at 31 December 2014
(Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.)
General Information
Corporate Management
Financial Information
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)
-
-
1,878
Loans granted to real persons and legal entities (Gross)
-
-
14,992
Specific provisions (-)
-
-
13,114
Loans granted to real persons and legal entities (Net)
-
-
1,878
Banks (Gross)
1
-
-
100
Specific provisions (-)
-
-
100
Banks (Net)
-
-
-
Other Loans and receivables (Gross)
-
-
-
Specific provisions (-)
-
-
-
Other Loans and receivables (Net)
-
-
-
Prior 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)K
-
-
-
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 onwrite-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.