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A&T BANK ANNUAL REPORT 2014
Treasury
A&T Bank’s Treasury Department operates with a
boutique approach to banking.
Running its operations in a fully integrated manner and in
keeping with the dynamics of economic globalization, A&T
Bank’s Treasury Department closely monitored the fluctuations
in financial markets in 2014. As a result, the Department
worked to minimize risks and gave top priority to achieving high
returns through the use of alternative investment channels.
By improving asset quality, the Department made a significant
contribution to A&T Bank’s profitability in line with 2014
performance targets.
In light of recent developments in the domestic and global
operating environment, the Treasury Department achieved its
targets in 2014, thanks to appropriate timing, teamwork and
alternative investment opportunities, without jeopardizing the
Bank’s solid balance sheet structure. For protection against
market fluctuations and to improve efficiency, the Department
used various financial instruments extensively such as FX,
swaps and securities.
During the past year, A&T Bank continued to provide support
to companies that currently operate or intend to operate in
the Middle East and North Africa by offering a wide range
of solutions to meet their needs, while further bolstering the
Bank’s presence in the region. While doing so, A&T Bank
conducted its treasury operations with a boutique-banking
approach and encouraged cooperation between different
business units.
In accordance with the investment decisions of the Bank’s
Board of Directors and the Asset-Liability Management
Committee, the Treasury Department also determines the
long-term investment strategies on a daily, weekly and monthly
basis at the meetings of these bodies, during which market
analysis and expectations for the coming period are reviewed.
The Department then implements these decisions; in 2014, the
Bank effectively carried out these efforts.
In 2015, A&T Bank will continue to monitor the global economy
closely and take into consideration medium and long-term
growth projections against the risk of any uncertainty that may
stem from either industrialized countries or emerging markets.
In addition, the Bank will also closely follow the Central Bank’s
monetary and fiscal policy changes, and take the necessary
actions to achieve corporate profitability targets.
In the coming period, the Treasury Department will continue
to determine the investment instrument mix and diversify the
portfolio by closely evaluating cost factors. The Department will
perform the necessary strategic updates and implementations
in line with the targets set by the Bank’s Board of Directors.
In 2015, the Treasury Department will present action plans in
frame of the alternative investment and strategy scenarios to
the Board of Directors for evaluation, and ensure the continuity
of a minimal risk policy for maximum gains.