Türk Eximbank - 2023 Annual Report

TÜRK EXIMBANK IN FIGURES

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

Balance Sheet Accounts (TL thousand)	2023	2022
Loans (Net)	516,280,852	304,838,890
Total Assets	607,852,496	346,036,720
Funds Borrowed	434,030,953	259,018,890
Securities Issued (Net)	100,723,950	41,722,141
Subordinated Loans	9,017,007	6,507,220
Money Market Funds	11,817,034	7,910,508
Shareholders’ Equity	42,432,272	23,750,636
Paid-in Capital	20,600,000	13,800,000

69.4% increase in loans

Profit-Loss Statement Accounts (TL thousand)	2023	2022
Interest Income	48,132,696	17,232,240
Interest Expenses	(36,553,047)	(11,472,507)
Net Interest Income	11,579,649	5,759,733
Net Fees and Commissions and Other Operating Income	1,671,557	1,066,498
Trading Income/Losses (Net)	851,810	725,709
Expected Credit Losses	(415,165)	(277,707)
Other Provision Expenses	(232,188)	(166,545)
Personnel Expenses	(1,360,258)	(582,029)
Other Operating Expenses	(837,146)	(293,179)
Net Profit for the Period	11,258,259	6,232,480

Türk Eximbank’s summary financial statements for 2019-2023 are presented in "Financial Information and Assessment on Risk Management"