Esteemed Stakeholders of Halkbank,

 

As Halkbank, the importance we attach to sustainability lies at the heart of the success we achieve by increasing the value we create for our country and stakeholders every year. Sustainability is a corporate priority considered at the highest level in Halkbank.

 

We prepared our report in accordance with the requirements of Global Reporting Initiative's (GRI's) recent Core Level reporting standard, and with the other sustainability indices we are part of. Our sustainability priorities, which determine Halkbank Sustainability Management and the performance issues that make up the content of our report, were evaluated and examined by our Sustainability Committee as in the previous years. This process, in which internal and external stakeholder expectations are actively evaluated, continues within the scope of our Sustainability Management studies.

We continued to support our country's progress and sustainable development in 2017. Halkbank completed the year with a net profit of 3,725 TRY million and 15.96% return on equity. Our total assets reached 305.4 TRY billion, up 31.9% compared to 2016, while our total deposit were 193.2 TRY billion. Our total loans, including cash and non- cash increased by 27.1% to 262 TRY billion.

As we continued our pioneering role in SME banking in 2017, our commercial loan volume including the SME loans increased by %28 to 162.2 TRY billion while our tradesmen loan volume amounted to 24.1 TRY billion. Halkbank, which has developed customer-specific services in all areas of banking with its customer-focused approach, has also performed well in retail banking during the reporting period. The retail loans we provided were 41.2 TRY billion as of 2017, while the number of Paraf credit cards reached 4 million. Our POS count increased to 348 and our member businesses to 328. Within our SME and retail banking operations, we will continue to grow with our understanding of innovative products and services.

During the reporting period, we worked to reduce the environmental impact of operational activities within the scope of fighting climate change and to increase the ratio of clean energy loans. With our Integrated Management System, we took measures to further improve our obtained performance by pursuing our energy efficiency and environmental performance.

In 2017, we continued to offer continuous training, extensive career opportunities and contemporary workspaces to our employees who are the most important determinant of our sustainability performance. We also maintained our support for the country's economy via social projects in many areas from education to health, from art to environmental protection.

I would like to express my gratitude to all of our stakeholders for the success we achieved on our sustainability journey and the support they provided.

 

Sincerely,

 

MESSAGE FROM THE GENERAL MANAGER

Osman Arslan

General Manager