TEB 2018 Annual Report

2018 ANNUAL REPORT

PDF BNP PARIBAS GROUP CONTACT TÜRKÇE

AGENDA OF THE ORDINARY GENERAL ASSEMBLY MEETING ON 26 MARCH 2019

STATEMENT CONCERNING THE 2018 ANNUAL REPORT

GENERAL INFORMATION

SHAREHOLDING STRUCTURE OF TEB

AMENDMENTS TO THE ARTICLES OF ASSOCIATION

MATERIAL EVENTS THAT TOOK PLACE AFTER THE END OF THE OPERATING YEAR

TEB: PAST AND PRESENT

MESSAGE FROM THE CHAIRMAN

AN OVERVIEW OF THE ECONOMY AND THE INDUSTRY IN 2018

TÜRK EKONOMİ BANK’S PERFORMANCE IN 2018

TEB's Position in the Industry

The Corporate Banking Group

SME Banking Group

Retail Banking and Private Banking Group

Asset and Liability Management and Treasury Group

Corporate Investment Banking Group

TEB Securities Services

New Products and Services

TEB FINANCIAL SERVICES GROUP

TEB Faktoring A.Ş.

TEB Asset Management

MANAGEMENT AND CORPORATE GOVERNANCE PRACTICES

ORGANIZATION CHART

BOARD OF DIRECTORS

EXECUTIVE MANAGEMENT

COMMITTEES OF TÜRK EKONOMİ BANKASI A.Ş.

INFORMATION ON TRANSACTIONS CONDUCTED WITH RELATED PARTIES

ACTIVITIES FOR WHICH SUPPORT SERVICES ARE RECEIVED AND SUPPLIERS

PERFORMANCE AND SALES PREMIUMS

FINANCIAL RIGHTS PROVIDED TO THE MEMBERS OF THE GOVERNING BODY AND SENIOR EXECUTIVES

REMARKS ON SPECIAL AND PUBLIC AUDITS

INFORMATION ABOUT LAWSUITS FILED AGAINST THE BANK THAT MAY POTENTIALLY AFFECT THE COMPANY’S FINANCIAL POSITION AND OPERATIONS AND ABOUT THEIR POSSIBLE OUTCOMES

ADMINISTRATIVE OR JUDICIAL SANCTIONS IMPOSED AGAINST THE COMPANY AND THE BOARD OF DIRECTORS MEMBERS ON ACCOUNT OF BREACH OF LEGISLATION

CHANGES IN EQUITY STAKE HELD IN SUBSIDIARIES

INFORMATION ABOUT DEALINGS WITH THE CONTROLLING COMPANY

TEB HUMAN RESOURCES GROUP

SUMMARY OF BOARD DIRECTORS’ REPORT

DISTRIBUTION OF PROFIT

ASSESSMENT OF FINANCIAL POSITION AND RISK MANAGEMENT

THE AUDIT COMMITTEE’S ASSESSMENT OF INTERNAL CONTROL, INTERNAL AUDIT AND RISK MANAGEMENT SYSTEMS AND ACTIVITIES DURING THE REPORTING PERIOD

EVALUATION OF FINANCIAL STATUS, PROFITABILITY AND SOLVENCY

RISK MANAGEMENT POLICIES ACCORDING TO VARIOUS TYPES OF RISKS

CREDIT RATINGS ASSIGNED BY RATING AGENCIES AND INFORMATION ON THEIR CONTENTS

FIVE-YEAR SUMMARY OF FINANCIAL INFORMATION INCLUDING THE REPORTING PERIOD

ANNUAL REPORT COMPLIANCE OPINION

INDEPENDENT AUDITOR’S REPORT, UNCONSOLIDATED FINANCIAL STATEMENTS AND NOTES FOR THE YEAR ENDED DECEMBER 31, 2018

CONSOLIDATED FINANCIAL INFORMATION

INDEPENDENT AUDITOR’S REPORT, CONSOLIDATED FINANCIAL STATEMENTS AND NOTES FOR THE YEAR ENDED 31 DECEMBER 2018

CREDIT RATINGS ASSIGNED BY RATING AGENCIES AND INFORMATION
ON THEIR CONTENTS

The current ratings of the Bank are as follows:

	2018
Moody’s Investor Services
Baseline Credit Assessment	b2
Adjusted Baseline Credit Assessment	ba3
Long Term Foreign Currency Deposit Rate:	B2
Short Term Foreign Currency Deposit Rate:	NP
Long Term Turkish Lira Deposit Rate	Ba3
Short Term Turkish Lira Deposit Rate:	NP
Outlook	Negative

Fitch Ratings:

*Foreign Currency Commitments*
Long Term	BB-
Short Term	B
Outlook	Negative

*Turkish Lira Commitments*
Long Term	BB
Short Term	B
Outlook	Negative
National	AAA (tur)
Outlook	Stable
Financial Capacity Rating	b+