In the first nine months, Şekerbank’s total loan volume rose to TL 14.2 billion with a 12 percent y-o-y increase, while its asset size reached TL 20.5 billion by increasing 15 percent on annual basis.
According to the data in Şekerbank's solo balance sheet of 30/09/2014, the deposit volume has increased to TL 13.3 billion by growing 12 percent y-o-y. In the same period, the bank's total equity size reached TL 2.2 billion by increasing 15 percent, while its capital adequacy ratio became 14.39 percent.
Halit Yıldız: “We have grown by 35 percent in agricultural loans since the beginning of the year”
Delivering his comments on Şekerbank’s solo balance sheet of 30/09/2014, Halit Yıldız, General Manager of Şekerbank, underlined that agricultural banking, which is still quite a new area for many banks, is the reason of establishment of Şekerbank. Yıldız said, “According to the studies conducted, there are almost 15 million people in our country, who have still not met banking services. Our farmers, i.e. the direct producers, and our tradesmen living in the countryside constitute the greater part of this segment. As a bank that allocates 89 percent of its available loan portfolio to the production sector, that is, the commercial customers, farmers, tradesmen, enterprises, SME, we have always supported the producers. However, we reach more producers today by combining our deep-rooted expertise with technological investments. Our purpose is to provide our farmer with the appropriate finance so that he can continue to produce on his own land, in his own village. Bearing this in our mind, we have listened to our farmers by strolling from village to village, and we increased our agricultural loans by 35 percent in the first nine months of this year with the opportunities we have offered considering the local needs".
Selected Indicators regarding Şekerbank’s Solo Financial Results of 30/09/2014:
Selected Indicators regarding Şekerbank’s Solo Financial Results of 30/06/2014:
Total Assets: TL 20.5 billion
Total Loans: TL 14.2 billion
Total Deposits: TL 13.3 billion
Equities: TL 2.2 billion
Net Profit: TL 104 million
Capital Adequacy Ratio: 14.39%