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GENERAL INFORMATION
BANKING INDUSTRY
REMAINS STABLE.
TURKISH BANKING INDUSTRY IN 2015
Total assets of the Turkish banking
sector grew 18.2%, from
TL 1,994.3 billion in 2014 to
TL 2,357.5 billion in 2015. Loans,
the sector’s largest line item on the
assets side, expanded by 19.7% in
2015 to TL 1,484.9 billion, after
posting 18.5% growth in 2014. Of
this total, TL 1,013.4 billion consists
of Turkish Lira loans while the
remaining TL 471.5 billion is foreign
currency-denominated loans.
Gross non-performing loans
increased TL 11.1 billion in 2015 to
TL 47.5 billion. As a result, the
sector’s non-performing loan ratio
(NPL ratio) came in at 3.09%, up
from 2.85% in 2014.
Deposits, one of the major
funding sources of the banking
industry, were up 18.3%, from
TL 1,052.7 billion in 2014 to
TL 1,245.4 billion in 2015. The share
of foreign currency deposits in total
deposits amounted to 42.6%. The
sector’s shareholders’ equity rose
13% to TL 262.2 billion.
Capital adequacy standard ratio
increased to 15.6% due to a
weakening exchange rate, lower
mark-to-market losses in the
securities portfolio and higher profits.
The core capital adequacy ratio
remains relatively strong at 13.3%.
The banking industry’s net term
profit rose 5.9% compared to the
previous year, climbing to
TL 26.1 billion. Return on equity
and return on assets ratios stood at
11.28% and 1.16%, respectively.
The banking industry’s net term profit
rose 5.9% compared to the previous year,
climbing to TL 26.1 billion.