Commercial Bank Investment and Financial Highlights
Alternatifbank Results - Nine months ended 30 Sept 2019
Alternatifbank of Turkey
Net profit after tax at TL 170m v TL 92m in 9m 2018
Operating income up by TL 239m v 9m 2018
Operating expenses up by TL 20m v 9m 2018
Loan book up to TL 18.6bn v TL 18.2bn in Q3 2018
Customer deposits up to TL 15.6bn v TL 14.3bn in Q3 2018
CB injected USD 50 million capital into Alternatif Bank
CET1 ratio 8.8%, Tier 1 9.8% and total capital adequacy ratio of 18.1%
Net Profit (TL million)
Profitability
TL million
Operating Income
Total Operating Expenses
Total Provision
Profit Before Tax
Tax Expenses
Net Profit *
Balance Sheet
TL million
Assets
170
117
96
92
49
2
Cash and Balances with Cetral Bank
Due from banks
Loans and advances to customers
2015
2016
2017
2018
9m 2018
9m 2019
Total Investments
Net operating income (TL million)
Non-interest income
Other Assets
Total Assets
Liabilities & Equity
9m 2019
9m 2018
735
496
(273)
(253)
(249)
(139)
213
104
(43)
(12)
170
92
9m 2019 9m 2018
2,533
2,506
3,103
2,328
18,640
18,165
3,601
3,906
1,528
2,562
29,405
29,467
Net interest income
Non-interest income to net operating income (%)
27%
4%
29%
33%
19%
35%
Due to banks
Customers' deposit
Other borrowed funds
601
1,433
15,556
14,271
9,760
10,315
Other Liabilities
1,041
1,727
Shareholders Equity
2,447
1,721
Total Liabilities and Equity
29,405
29,467
*
2015
2016
2017
2018
9m 2018
9m 2019
Net Profit excludes TL 35m from MTM on AT1 capital that is eliminated on consolidation.
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