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Fibabanka

Fibabanka's customer loans rose 27.0% to TRY 14,529 mil in 2017

By Helgi Library - December 12, 2019

Fibabanka's customer loans reached TRY 14,529 mil in 2017, up 27.0% compared to the previous year. Turkish banking sector provi...

Fibabanka's customer loans rose 27.0% to TRY 14,529 mil in 2017

By Helgi Library - December 12, 2019

Fibabanka's customer loans reached TRY 14,529 mil in 2017, up 27.0% compared to the previous year. Turkish banking sector provi...

Fibabanka's customer deposits rose 27.9% to TRY 12,307 mil in 2017

By Helgi Library - December 12, 2019

Fibabanka's customer deposits reached TRY 12,307 mil in 2017, up 27.9% compared to the previous year. Turkish banking sector ac...

Profit Statement 2015 2016 2017
Net Interest Income TRY mil 357 466 622
Net Fee Income TRY mil 20.6 23.9 42.4
Other Income TRY mil 30.1 101 87.0
Total Revenues TRY mil 408 591 751
Staff Cost TRY mil 112 138 194
Operating Profit TRY mil 191 324 400
Provisions TRY mil 92.4 177 206
Net Profit TRY mil 73.3 105 162
Balance Sheet 2015 2016 2017
Interbank Loans TRY mil 69.6 58.1 321
Customer Loans TRY mil 8,615 11,441 14,529
Total Assets TRY mil 11,191 15,394 20,173
Shareholders' Equity TRY mil 1,037 1,290 1,469
Interbank Borrowing TRY mil 1,022 1,538 2,091
Customer Deposits TRY mil 7,460 9,622 12,307
Issued Debt Securities TRY mil 2,742 4,297 5,510
Ratios 2015 2016 2017
ROE % 9.04 9.03 11.7
ROA % 0.763 0.790 0.909
Costs (As % Of Assets) % 2.26 2.01 1.97
Costs (As % Of Income) % 53.2 45.2 46.7
Capital Adequacy Ratio % 13.6 13.5 16.1
Net Interest Margin % 3.71 3.51 3.50
Loans (As % Of Deposits) % 115 119 118
NPLs (As % Of Loans) % 1.69 1.85 3.20
Provisions (As % Of NPLs) % 53.3 39.6 36.5
Growth Rates 2015 2016 2017
Total Revenue Growth % 18.0 44.9 27.2
Operating Cost Growth % 12.1 23.2 31.4
Operating Profit Growth % 25.7 69.5 23.7
Net Profit Growth % 2.52 43.2 54.0
Customer Loan Growth % 39.2 32.8 27.0
Total Asset Growth % 39.2 37.5 31.0
Customer Deposit Growth % 42.2 29.0 27.9
Shareholders' Equity Growth % 76.9 24.4 13.9
Employees 1,290 1,488 1,633

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summary Unit 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
income statement                                                                    
Net Interest Income TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   62.7 133 173 301 357    
Total Revenues TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   80.9 182 227 345 408    
Operating Profit TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   23.3 85.3 90.6 152 191    
Net Profit TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   4.61 46.3 39.2 71.5 73.3    
balance sheet                                                                    
Interbank Loans TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   18.9 25.1 216 264 69.6    
Customer Loans TRY mil                                                       2,107 3,221 5,180 6,190 8,615    
Debt Securities TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   332 670 1,467 1,754 2,266    
Total Assets TRY mil                                                       2,487 3,900 6,664 8,042 11,191    
Shareholders' Equity TRY mil                                                       233 383 497 586 1,037    
Interbank Borrowing TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   29.7 310 564 850 1,022    
Customer Deposits TRY mil                                                       2,051 2,689 4,548 5,246 7,460    
Issued Debt Securities TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   43.3 819 1,598 2,272 2,742    
ratios                                                                    
ROE % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   2.71 15.0 8.91 13.2 9.04    
ROA % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   0.272 1.45 0.742 0.973 0.763    
Costs (As % Of Assets) % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   3.40 3.03 2.58 2.63 2.26    
Costs (As % Of Income) % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   71.2 53.1 60.1 56.0 53.2    
Capital Adequacy Ratio % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   17.2 14.3 13.3 13.2 13.6    
Net Interest Margin % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   3.70 4.16 3.27 4.10 3.71    
Interest Income (As % Of Revenues) % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   77.4 72.9 76.1 87.2 87.6    
Fee Income (As % Of Revenues) % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   13.2 3.88 5.25 4.91 5.04    
Staff Cost (As % Of Total Cost) % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   53.5 57.7 55.5 56.0 51.7    
Equity (As % Of Assets) %                                                       9.38 9.81 7.46 7.29 9.27    
Loans (As % Of Deposits) %                                                       103 120 114 118 115    
Loans (As % Assets) %                                                       84.7 82.6 77.7 77.0 77.0    
NPLs (As % Of Loans) % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   0.773 0.917 1.17 2.07 1.69    
Provisions (As % Of NPLs) % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   28.9 47.1 58.0 43.5 53.3    
valuation                                                                    
Book Value Per Share Growth % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                 93.2 112 30.2 74.3 18.6    
income statement Unit 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
income statement                                                                    
Interest Income TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   150 340 412 683 801    
Interest Cost TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   87.2 207 239 382 444    
Net Interest Income TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   62.7 133 173 301 357    
Net Fee Income TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   10.7 7.07 11.9 17.0 20.6    
Other Income TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   7.59 42.3 42.2 27.3 30.1    
Total Revenues TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   80.9 182 227 345 408    
Staff Cost TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   30.9 55.9 75.7 108 112    
Operating Cost TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   57.7 96.8 136 194 217    
Operating Profit TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   23.3 85.3 90.6 152 191    
Provisions TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   16.2 24.3 37.8 60.1 92.4    
Extra and Other Cost TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   0 0 0 0 0    
Pre-Tax Profit TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   7.06 61.1 52.7 91.8 98.5    
Tax TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   2.45 14.8 13.5 20.2 25.1    
Net Profit TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   4.61 46.3 39.2 71.5 73.3    
growth rates                                                                    
Net Interest Income Growth % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                 93.2 112 30.2 74.3 18.6    
Net Fee Income Growth % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                 140 -33.9 68.7 42.1 21.3    
Total Revenue Growth % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                 151 125 24.7 52.2 18.0    
Operating Cost Growth % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                 28.6 67.9 41.0 41.9 12.1    
Operating Profit Growth % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                 -284 266 6.14 67.7 25.7    
Pre-Tax Profit Growth % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                 -146 765 -13.7 74.0 7.32    
Net Profit Growth % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                 -132 903 -15.3 82.5 2.52    
market share                                                                    
Market Share in Revenues % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   0.138 0.250 0.281 0.388 0.411   ...
Market Share in Net Profit % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...   ... ... 0.024 0.205 0.166 0.292 0.286   ...
Market Share in Employees %                                                       0.241 0.329 0.583 0.608 0.641    
Market Share in Branches %                                                       0.214 0.274 0.563 0.597 0.599    
balance sheet Unit 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
balance sheet                                                                    
Cash TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   243 431 812 1,027 1,470    
Interbank Loans TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   18.9 25.1 216 264 69.6    
Customer Loans TRY mil                                                       2,107 3,221 5,180 6,190 8,615    
Debt Securities TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   332 670 1,467 1,754 2,266    
Fixed Assets TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   17.7 22.1 40.1 37.0 197    
Total Assets TRY mil                                                       2,487 3,900 6,664 8,042 11,191    
Shareholders' Equity TRY mil                                                       233 383 497 586 1,037    
Liabilities TRY mil                                                       2,254 3,518 6,167 7,455 10,154    
Interbank Borrowing TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   29.7 310 564 850 1,022    
Customer Deposits TRY mil                                                       2,051 2,689 4,548 5,246 7,460    
Issued Debt Securities TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   43.3 819 1,598 2,272 2,742    
Other Liabilities TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   130 -300 -544 -913 -1,070    
asset quality                                                                    
Non-Performing Loans TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   16.3 29.7 61.0 129 147    
Gross Loans TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   2,111 3,235 5,215 6,246 8,693    
Total Provisions TRY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   4.72 14.0 35.4 56.3 78.3    
growth rates                                                                    
Customer Loan Growth % ...                                                     229 52.9 60.8 19.5 39.2    
Total Asset Growth % ...                                                     176 56.8 70.9 20.7 39.2    
Shareholders' Equity Growth % ...                                                     117 64.1 29.9 17.9 76.9    
Customer Deposit Growth % ...                                                     173 31.2 69.1 15.3 42.2    
market share                                                                    
Market Share in Customer Loans %                                                       0.331 0.440 0.535 0.539 0.623    
Market Share in Total Assets %                                                       0.214 0.300 0.407 0.426 0.501    
Market Share in Customer Deposits %                                                       0.312 0.371 0.508 0.526 0.637    
ratios Unit 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
ratios                                                                    
ROE % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   2.71 15.0 8.91 13.2 9.04    
ROA % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   0.272 1.45 0.742 0.973 0.763    
Costs (As % Of Assets) % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   3.40 3.03 2.58 2.63 2.26    
Costs (As % Of Income) % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   71.2 53.1 60.1 56.0 53.2    
Capital Adequacy Ratio % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   17.2 14.3 13.3 13.2 13.6    
Net Interest Margin % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   3.70 4.16 3.27 4.10 3.71    
Interest Spread % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   3.12 3.46 2.86 3.68 3.29    
Asset Yield % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   8.84 10.6 7.80 9.29 8.33    
Cost Of Liabilities % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   5.72 7.17 4.93 5.60 5.05    
Interest Income (As % Of Revenues) % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   77.4 72.9 76.1 87.2 87.6    
Fee Income (As % Of Revenues) % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   13.2 3.88 5.25 4.91 5.04    
Other Income (As % Of Revenues) % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   9.37 23.2 18.6 7.90 7.39    
Cost Per Employee USD per month ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   3,495 4,227 2,872 3,297 2,762    
Cost Per Employee (Local Currency) TRY per month ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   5,872 7,609 5,476 7,396 7,247    
Staff Cost (As % Of Total Cost) % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   53.5 57.7 55.5 56.0 51.7    
Equity (As % Of Assets) %                                                       9.38 9.81 7.46 7.29 9.27    
Loans (As % Of Deposits) %                                                       103 120 114 118 115    
Loans (As % Assets) %                                                       84.7 82.6 77.7 77.0 77.0    
NPLs (As % Of Loans) % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   0.773 0.917 1.17 2.07 1.69    
Provisions (As % Of NPLs) % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   28.9 47.1 58.0 43.5 53.3    
Provisions (As % Of Loans) % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   0.224 0.433 0.683 0.909 0.908    
Cost of Provisions (As % Of Loans) % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   1.18 0.911 0.901 1.06 1.25    
other data Unit 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
other data                                                                    
Branches                                                       21.0 28.0 62.0 67.0 67.0    
Employees                                                       438 612 1,152 1,222 1,290    

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Fibabanka's customer deposits rose 27.9% to TRY 12,307 mil in 2017

By Helgi Library - December 12, 2019

Fibabanka's customer deposits reached TRY 12,307 mil in 2017, up 27.9% compared to the previous year. Turkish banking sector accepted customer deposits of TRY 1,670 bil in 2017, up 17.8% when compared to the last year. Fibabanka accounted for 0.764% of al...

Fibabanka's net profit rose 54.0% to TRY 162 mil in 2017

By Helgi Library - June 30, 2018

Fibabanka made a net profit of TRY 162 mil in 2017, up 54.0% compared to the previous year. This implies a return on equity of 11.7%. Historically, the bank’s net profit reached an all time high of TRY 162 mil in 2017 and an all time low of TRY -27.7 mil in...

Fibabanka's net profit rose 54.0% to TRY 162 mil in 2017

By Helgi Library - June 30, 2018

Fibabanka made a net profit of TRY 162 mil in 2017, up 54.0% compared to the previous year. This implies a return on equity of 11.7%. Historically, the bank’s net profit reached an all time high of TRY 162 mil in 2017 and an all time low of TRY -27.7 mil in...

Fibabanka's employees rose 9.74% to 1,633 in 2017

By Helgi Library - June 30, 2018

Fibabanka employed 1,633 persons in 2017, up 9.74% when compared to the previous year. Historically, the bank's workforce hit an all time high of 1,633 persons in 2017 and an all time low of 97.0 in 2002. Average cost reached USD 2,709 per month per employee, ...

Fibabanka's employees rose 9.74% to 1,633 in 2017

By Helgi Library - June 30, 2018

Fibabanka employed 1,633 persons in 2017, up 9.74% when compared to the previous year. Historically, the bank's workforce hit an all time high of 1,633 persons in 2017 and an all time low of 97.0 in 2002. Average cost reached USD 2,709 per month per employee, ...

Fibabanka's npls (as % of loans) rose 73.1% to 3.20% in 2017

By Helgi Library - June 30, 2018

Fibabanka's non-performing loans reached 3.20% of total loans at the end of 2017, up from 1.85% compared to the previous year. Historically, the NPL ratio hit an all time high of 12.9% in 2002 and an all time low of 0.009% in 2004. Provision coverage amount...

Fibabanka's net interest income rose 33.5% to TRY 622 mil in 2017

By Helgi Library - June 30, 2018

Fibabanka generated total banking revenues of TRY 751 mil in 2017, up 27.2% compared to the previous year. Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of TRY 751 mil in 2017 and an all tim...

Fibabanka's npls (as % of loans) rose 73.1% to 3.20% in 2017

By Helgi Library - June 30, 2018

Fibabanka's non-performing loans reached 3.20% of total loans at the end of 2017, up from 1.85% compared to the previous year. Historically, the NPL ratio hit an all time high of 12.9% in 2002 and an all time low of 0.009% in 2004. Provision coverage amount...

Fibabanka's net interest income rose 33.5% to TRY 622 mil in 2017

By Helgi Library - June 30, 2018

Fibabanka generated total banking revenues of TRY 751 mil in 2017, up 27.2% compared to the previous year. Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of TRY 751 mil in 2017 and an all tim...

Fibabanka's net interest margin fell 0.245% to 3.50% in 2017

By Helgi Library - June 30, 2018

Fibabanka's net interest margin amounted to 3.50% in 2017, down from 3.51% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 27.8% in 2002 and an all time low of 2.35% in 2005. The average margin in ...

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Finance

Fibabanka has been growing its revenues and asset by 30.2% and 33.1% a year on average in the last 10 years. Its loans and deposits have grown by 34.7% and 29.1% a year during that time and loans to deposits ratio reached 118% at the end of 2017. The company achieved an average return on equity of 4.53% in the last decade with net profit growing % a year on average. In terms of operating efficiency, its cost to income ratio reached 46.7% in 2017, compared to 76.6% average in the last decade.

Equity represented 7.28% of total assets or 10.1% of loans at the end of 2017. Fibabanka's non-performing loans were 3.20% of total loans while provisions covered some 36.5% of NPLs at the end of 2017.