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30 A&T BANK ANNUAL REPORT 2015
PROACTIVE
BALANCE SHEET
MANAGEMENT
TREASURY
As part of today’s dynamic global
market economy, A&T Bank’s
Treasury Department minimized the
Bank’s risks by closely monitoring
market fluctuations and economic
developments and taking the steps
needed while using alternative
investment channels in line with
the goal of attaining high returns
during 2015.
The Department assessed the
domestic and international
economic and political
developments correctly and
leveraged its appropriate timing,
teamwork and alternative
investment opportunities to hit
its targets without taking any
significant balance sheet risks. To
hedge against market fluctuations
and increase profitability, the
Department made effective use of
financial instruments such as FX,
swaps and securities.
In order to counter the risk of
uncertainty in the global economy,
in highly developed countries or in
emerging markets, that might arise
in coming years based on medium
and long-term growth projections,
A&T Bank Treasury Department
plans to continue monitoring the
Central Bank of Turkey’s monetary
policies as well as medium-term
fiscal policies and taking those
actions needed to achieve the
Bank’s profitability objectives.
A core objective of the Department
is to operate based on the
diversification of instruments
it can invest in and the cost of
each of these alternatives to
the Bank. The Department also
intends to implement the strategic
updates and practices in line with
the targets set by the Board of
Directors. Treasury Department
will formulate action plans in light
of alternative investment channels
and strategic scenarios and present
them to the Board of Directors
in 2016 to continue contributing
to the Bank’s policy of taking
minimum risk to achieve maximum
returns.
A&T Bank Treasury
Department took
those actions needed
to achieve the
Bank’s profitability
objectives in 2015.