Türk Eximbank - 2020 Annual Report

TURK EXIMBANK IN FIGURES

Within the frame of its mission to provide financing support to exports being a specialized bank, Turk Eximbank does not target profit maximization.

Balance Sheet Accounts (TL thousand)	2020	2019
Loans	178,253,907	142,892,035
Total Assets	204,227,274	162,883,112
Loans Borrowed	160,630,694	127,584,542
Securities Issued (Net)	22,953,260	18,791,531
Subordinated Loans	4,463,576	4,025,854
Money Market Loans	1,375,566	-
Equity	11,413,457	9,080,224
Paid-in Capital	9,270,000	7,160,000

Profit-Loss Statement Accounts (TL thousand)	2020	2019
Interest Income	5,011,499	4,856,159
Interest Income on Loans	4,229,188	4,341,340
Interest Expenses	-3,788,554	-3,741,609
Net Interest Income	1,222,945	1,114,550
Net Commissions and Other Operating Income	239,271	183,021
Expected Credit Losses	-369,469	-132,997
Personnel Expenses	-260,866	-225,572
Other Operating Expenses	-151,054	-133,974
Net Profit for the Period	1,511,388	1,431,635

Turk Eximbank’s summary financial statements for 2016-2020 are presented in "Financial Information and Assessment on Risk Management" section.

TURK EXIMBANK IN FIGURES