Şekerbank's net profit for 2013 stands at TL 210 million

Şekerbank's net profit for 2013 stands at TL 210 million

21.02.2014

Having announced its solo financial statements of 31/12/2013, Şekerbank's net profit in the year-end is TL 210 million. The size of assets of the Bank, which has raised its total loan volume to TL 13.5 billion by 34 percent y-o-y increase, has reached TL 18.7 billion. As of 31/12/2013, loans constitute 72 percent of Şekerbank's total assets. 

In the year 2013, Şekerbank's deposit size reached TL 12.6 billion by 25 percent increase. In the same period, the bank's total equity size exceeded TL 2 billion by 13 percent increase.

Meriç Uluşahin: “We provided 60 thousand craftsmen and farmers with finance in 2013”

Having delivered her evaluation of the Bank's solo balance sheet data of 31/12/2013, Şekerbank General Manager Meriç Uluşahin stated that they have focused on the production-oriented loans since the past, not only in 2013, and thus assigned 87 percent of their loan portfolio to commercial loans. Uluşahin also said, “We've been expressing our support to production in various ways for years. In 2013, which was our 60th anniversary, we called the 15th of each month the ‘Craftsmen's Day’. Within the scope of the ‘Open’ platform presenting numerous co-operations, projects, products, and services that would be beneficial to craftsmen, we targeted that business volume of the craftsmen is increased by encouraging the consumers to buy from the craftsmen on the 15th of every month throughout the year. On the other hand, we visited tens of cities, hundreds of villages by traveling around Turkey, and found out the needs of the people by talking face to face with thousands of customers. Last year, we visited almost 1,300 villages and made personal contacts with almost 40 thousand farmers through our agricultural sector field activities. And through such works we carried out to support the producers, we provided 60 thousand craftsmen and farmers with finance in 2013.”

Selected Indicators regarding Şekerbank’s Solo Financial Results of 31/12/2013:
Total Assets: TL 18 billion 725 million
Total Loans: TL 13 billion 546 million
Total Deposits: TL 12 billion 639 million
Equities: TL 2 billion 55 million 
Net Profit: TL 210 million 216 thousand