Türk Eximbank - 2024 Annual Report

TÜRK EXIMBANK IN FIGURES

Within the frame of its mission to augment the impact of the support facilities it provides as a specialized bank upon the country’s exports, Türk Eximbank does not target profit maximization.

In 2024, Türk Eximbank’s total assets grew by 43.2% and reached TL 870.6 billion.

In 2024, Türk Eximbank’s lending increased by 47.6% to TL 761.9 billion.

Shareholders’ equity increased to TL 93.0 billion, corresponding to a rise by 119.2%.

TL 34.8 billion was booked in net profit for the period at year-end 2024.

Balance Sheet Accounts (TL thousand)	2024	2023
Loans (Net)	761,930,437	516,280,852
Total Assets	870,570,818	607,852,496
Funds Borrowed	594,035,566	434,030,953
Securities Issued (Net)	150,813,877	100,723,950
Subordinated Loans	3,003,129	9,017,007
Money Market Funds	18,347,279	11,817,034
Shareholders’ Equity	93,006,647	42,432,272
Paid-in Capital	55,270,000	20,600,000

Profit-Loss Statement Accounts (TL thousand)	2024	2023
Interest Income	127,291,061	48,132,696
Interest Expenses	(91,969,576)	(36,553,047)
Net Interest Income	35,321,485	11,579,649
Net Fees and Commissions and Other Operating Income	2,923,717	1,671,557
Trading Income/Losses (Net)	1,246,548	851,810
Expected Credit Losses	(329,882)	(415,165)
Other Provision Expenses	(313,159)	(232,188)
Personnel Expenses	(2,617,618)	(1,360,258)
Other Operating Expenses	(1,390,126)	(837,146)
Net Profit for the Period	34,840,965	11,258,259

Click here to reach Türk Eximbank’s summary financial statements for the years 2020 through 2024.