• Profile
  • TSKB in Brief
  • TSKB's Subsidiaries
  • Products and Services Of TSKB
• Performance
  • Value Creation
  • Awards & Recognitions
  • CEO's Assessment
• Approach
  • TSKB's Sustainable Banking Strategy
  • TSKB's Sustainability Priorities
• Dialogue
  • TSKB and Stakeholder Engagement
  • TSKB's Stakeholders
  • 2010 Stakeholder Dialogue Highlights
• Sustainability and Environmental Issues
  • Sustainable Banking at TSKB
  • Sustainable Banking Performance: the Economic Dimension
  • The Renewable Energy Sector and TSKB
  • TSKB Energy Index
  • TSKB, Climate Change, and the Environment
  • TSKB's Efforts on Behalf of Sustainability and the Environment
  • Who Wouldn't Want to Be Sustainable?
  • ISO 14001 Certification
  • The Structure of the TSKB Environmental Management Team
  • TSKB's Environment Policy
  • TSKB's Environmental Impact
  • Sustainable Banking Performance: the Environmental Dimension
  • Developments in External Environmental Impact
• Corporate Governance
  • Absolute Compliance With Laws and Regulations
  • TSKB's Corporate Governance Structure
  • Compliance With Corporate Governance Principles
  • Risk Management at TSKB
  • Prevention of Money-Laundering and the Financing of Terrorism
  • Relations with Suppliers
• People
  • Human Resources and the Workplace at TSKB
  • The TSKB Performance Management System
  • TSKB Compensation and Reward System
  • TSKB Human Resources Structure
  • Human Rights and Employee Rights at TSKB
  • Competency Development and Training
  • Health and Safety at TSKB
  • Commuting By Sea
  • Internal Communication at TSKB
• The Community
  • Social Responsibility at TSKB
  • "Environment: Our Priority": Past and present
  • The NGOs that TSKB Collaborates with
• Summarized TSKB Goals and Performance
• Appendices
  • About This Report
  • Statement GRI Application Level Check
  • Global Reporting Initiative Cross Index
  • Online Sustainability
  • Imprint
  • Communication and Service Channels

TSKB supplied financing for half of the USD 7.7 billion worth of investments undertaken during 2005-2010. These investments created new jobs for some 15,000 people.

SUSTAINABLE BANKING PERFORMANCE: THE ECONOMIC DIMENSION

TSKB continues to correctly blend its competitive advantages and corporate competencies and to generate added value. Focused on correctly reading market dynamics and windows of opportunity, TSKB also achieved its objectives during the reporting period through its strong service processes and modern risk management practices.

TSKB is strongly positioned in the provision of medium- and long-term resources.
TSKB’s ability to tap long- and short-term resources plays as important a role in the fulfillment of its banking mission as does the sound structure of its shareholders’ equity. According to end-2010 figures, 52.2% of loans provided by TSKB were composed of placements with maturities of more than four years. TSKB’s medium- and long-term loan portfolio is a fundamental indicator of the Bank’s approach to sustainable banking for the sake of sustainable development.

APEX banking is synonymous with TSKB in Turkey.
APEX banking is a business model that allows TSKB to reach SMEs in the most effective way possible. In the 2000s, TSKB launched its ongoing series of successes in APEX banking with credit facilities obtained from international institutions, the most important of which are three export finance intermediation loans (EFIL) from the World Bank.

TSKB carries out its APEX banking activities in collaboration with twenty-two financial intermediaries consisting of Turkey’s leading leasing companies and commercial banks. The APEX banking business line, which once again accounted for the biggest share of TSKB lendings in 2010, makes up about 18% of the Bank’s total loan book.

EFIL and other APEX lending packages: Contributing to the real sector’s export and employment capacity

TSKB is a business partner that is preferred by borrowers in Turkey which make use of the World Bank’s EFIL programs. The Bank has played an active role in every World Bank EFIL project, the third of which ended in 2010. Under the heading of EFIL financing, TSKB extended APEX loans amounting to a total of USD 913 million to 511 firms.

Firms that are provided with EFIL financing by TSKB booked exports whose aggregate value amounts to about USD 11.5 billion in the first year after receiving their credit disbursements.

Another aspect of TSKB’s APEX lending involves loans that are made through commercial banks and leasing companies to job-creating small and medium-sized enterprises (SME). Under this heading, TSKB made a total of EUR 238 million of credit available to 501 SMEs and contributed towards the creation of about 4,000 new jobs.

Supporting employment and growth
During the last ten years, TSKB has provided resources amounting to USD 502 million in total to SMEs. Total lendings to 140 projects reached USD 426 million in value. Having striven to expand the pool of qualified manpower available to the Turkish economy for sixty-one years, TSKB supplied financing for half of the USD 7.7 billion worth of investments undertaken during 2005-2010 alone. These investments created new jobs for some 15,000 people.