Earnings Performance - Half year ended 30 June 2019
Alternatifbank Results - Half year ended 30 June 2019
Alternatifbank of Turkey
Net profit after tax at TL 99m v TL 77m in H1 2018
Operating income up by TL 158m v H1 2018
Operating expenses up by TL 19m v H1 2018
Total Loan losses up by TL 100m v H1 2018
Loan book up to TL 17.7bn v TL 16.5bn in H1 2018
Customers' deposits up to TL 15.3bn v TL 13.4bn in Q1 2018
CB injected USD 50 million capital into Alternatif Bank
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
117
96
77
99
49
2
Assets
Cash and Balances with Cetral Bank
Due from banks
Loans and advances to customers
2015
2016
2017
2018
H1 2018
H1 2019
Total Investments
Other Assets
Net operating income (TL million)
Non-interest income
Total Assets
Liabilities & Equity
H1 2019
H1 2018
491
333
(188)
(169)
(178)
(78)
125
86
(26)
(9)
99
77
H1 2019
H1 2018
3,026
2,799
3,651
1,879
17,748
16,426
3,618
2,832
2,103
1,829
30,146
25,765
Net interest income
Non-interest income to net operating income (%)
27%
4%
29%
35%
Due to banks
Customers' deposit
Other borrowed funds
607
1,204
15,345
13,419
10,678
8,507
19%
9%
Other Liabilities
1,126
1,199
Shareholders Equity
2,391
1,436
Total Liabilities and Equity
30,146
25,765
*
2015
2016
2017
2018
H1 2018
H1 2019
Net Profit excludes TL 35m from MTM on AT1 capital that is eliminated on consolidation.
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