Investor Presentaiton
1H22 BRSA CONSOLIDATED EARNINGS PRESENTATION 11
SUPERIOR BALANCE SHEET MANAGEMENT MANIFESTED ITSELF
IN MARGIN PERFORMANCE
NIM INCL. SWAP COST*
CUMULATIVE
QUARTERLY
+297bps
+108bps
> Core NII increased by
+2.5bn TL QOQ
7.2%
7.7%
6.6%
2.4%
2.6%
2.2%
4.3%
CPI Impact 1.2%
4.8%
5.2%
4.4%
Core NIM 3.1%
1H21
1H22
1Q22
2Q22
NII INCL. SWAP COST & CORE NII (TL bn)
CUMULATIVE
NII incl. swap cost
24.7
Core NII
17.6
9.5
7.2
QUARTERLY
13.7
11.0
10.0
7.5
due to active repricing coupled
with high lending growth
> TL loan-to-time deposit
spreads: +181bps QoQ
> Well-managed deposit cost with
maintained focused on stickier
low cost deposit
> Duration gap hit its lowest level
in 2Q
CPI volume: 63bn TL in June
CPI linkers valued with 45% in 20
1H21
1H22
*Calculated based on bank only MIS data, using daily averages
Core NII NII - Swap Cost - CPI linkers income.
1Q22
2Q22View entire presentation