According to its consolidated financial statements of 31/12/2014, Şekerbank T.A.Ş. made a net profit of TL 247.7 million at the year-end, which represents a 12 percent y-o-y increase. While the asset size of the Bank has come up to TL 22.3 billion in the recent year with a 13 percent increase, its total equity has reached TL 2.5 billion, corresponding to a 17 percent rise.
Having expanded its branch network in Anatolia more by launching 40 new branches in the last 3 years, the Bank’s total credit volume as of December 2014 was over TL 15 billion, 89 percent of which was composed of the loans extended to the production sector, that is, farmers, tradesmen, enterprises and business companies.
Halit Yıldız: “We have grown by more than double the sector in agriculture and trades banking”
Delivering his evaluations on the Bank’s activities in the year 2014, Şekerbank T.A.Ş. General Manager Halit Yıldız stated that Şekerbank has made its difference acknowledged through its ‘Community Banking’ mission in the year 2014 when the entire sector focused on the agricultural and trades banking, and said, “As the only private bank established with a mission of supporting agriculture and still operating with this mission today, we have started the ‘Family Farm Banking’. We have made effort so that our farmers do not leave their lands together with their families, so that local production increases. We have brought up agriculture, the insurance of our future, to the agenda of not only the rural population but also the urban people.”
Emphasizing that they support the producers, provided thousands of tradesmen and farmers with funds through lending processes that are unique in Turkey, Yıldız said that their efforts in this area have also been reflected on the figures. Yıldız also said:
“We grew by 54 percent in the loans for small retailers in the year 2014. The market share growth in the loans for micro-enterprises and tradesmen in the recent year is 26 percent. In the agricultural loans, Şekerbank grew by 53 percent in the year 2014 compared with the sector that grew by 26 percent. Briefly, we have grown by more than double the sector in agriculture and trades banking, thus continuing our support to production.”
Selected Indicators regarding Şekerbank’s Consolidated Financial Results of 31/12/2014:
Total Assets: TL 22 billion 273 million
Total Loans: TL 15 billion 153 million
Total Deposits: TL 13 billion 620 million
Equities: TL 2 billion 478 million
Net Profit: TL 247 million 677 thousand