By Helgi Analytics - June 19, 2018
ING Bank Turkey made a net profit of TRY 817 mil in 2017, up 56.5% compared to the previous year. This implies a return on equit...
By Helgi Analytics - June 19, 2018
ING Bank Turkey's non-performing loans reached 4.25% of total loans at the end of 2017, up from 3.88% compared to the previous ye...
By Helgi Analytics - December 12, 2019
ING Bank Turkey's customer loans reached TRY 38,575 mil in 2017, up 10.8% compared to the previous year. Turkish banking sector...
| Profit Statement | 2015 | 2016 | 2017 | |
| Net Interest Income | TRY mil | 1,822 | 2,031 | 2,605 |
| Fee Income (As % Of Revenues) | % | 12.8 | 14.7 | 16.7 |
| Other Income | TRY mil | -51.4 | 165 | -13.9 |
| Total Revenues | TRY mil | 2,030 | 2,575 | 3,110 |
| Staff Cost | TRY mil | 514 | 530 | 590 |
| Operating Profit | TRY mil | 666 | 1,194 | 1,649 |
| Provisions | TRY mil | 516 | 539 | 619 |
| Net Profit | TRY mil | 103 | 522 | 817 |
| Balance Sheet | 2015 | 2016 | 2017 | |
| Interbank Loans | TRY mil | 1,119 | 156 | 484 |
| Customer Loans | TRY mil | 35,205 | 34,817 | 38,575 |
| Debt Securities | TRY mil | 5,713 | 6,763 | 4,983 |
| Total Assets | TRY mil | 49,245 | 49,688 | 53,031 |
| Shareholders' Equity | TRY mil | 4,482 | 5,056 | 5,873 |
| Interbank Borrowing | TRY mil | 15,054 | 13,791 | 14,004 |
| Customer Deposits | TRY mil | 23,649 | 25,217 | 27,764 |
| Issued Debt Securities | TRY mil | 4,068 | 3,257 | 3,107 |
| Ratios | 2015 | 2016 | 2017 | |
| ROE | % | 2.59 | 10.9 | 15.0 |
| ROA | % | 0.236 | 1.06 | 1.59 |
| Costs (As % Of Assets) | % | 3.12 | 2.79 | 2.84 |
| Costs (As % Of Income) | % | 67.2 | 53.6 | 47.0 |
| Capital Adequacy Ratio | % | 15.8 | 17.7 | 19.9 |
| Net Interest Margin | % | 4.18 | 4.11 | 5.07 |
| Loans (As % Of Deposits) | % | 149 | 138 | 139 |
| NPLs (As % Of Loans) | % | 2.94 | 3.88 | 4.25 |
| Provisions (As % Of NPLs) | % | 62.8 | 68.4 | 70.5 |
| Growth Rates | 2015 | 2016 | 2017 | |
| Total Revenue Growth | % | 7.27 | 26.9 | 20.8 |
| Operating Cost Growth | % | 7.45 | 1.26 | 5.83 |
| Operating Profit Growth | % | 6.91 | 79.2 | 38.1 |
| Net Profit Growth | % | -39.3 | 407 | 56.5 |
| Customer Loan Growth | % | 25.5 | -1.10 | 10.8 |
| Total Asset Growth | % | 29.5 | 0.899 | 6.73 |
| Customer Deposit Growth | % | 23.8 | 6.63 | 10.1 |
| Shareholders' Equity Growth | % | 29.3 | 12.8 | 16.2 |
| Employees | 5,603 | 5,284 | ... | |
Get all company financials in excel:
| 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 | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 872 | 1,362 | 1,248 | 1,644 | 1,822 | |||||||||||
| Total Revenues | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 979 | 1,692 | 1,450 | 1,892 | 2,030 | |||||||||||
| Operating Profit | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 231 | 615 | 472 | 623 | 666 | |||||||||||
| Net Profit | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 70.3 | 255 | 157 | 170 | 103 | |||||||||||
| balance sheet | |||||||||||||||||||||||||||||||||||
| Interbank Loans | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 282 | 262 | 1,147 | 1,022 | 1,119 | |||||||||||
| Customer Loans | TRY mil | 15,378 | 18,842 | 24,481 | 28,046 | 35,205 | |||||||||||||||||||||||||||||
| Debt Securities | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 2,862 | 2,854 | 3,740 | 3,825 | 5,713 | |||||||||||
| Total Assets | TRY mil | 21,066 | 25,115 | 33,395 | 38,014 | 49,245 | |||||||||||||||||||||||||||||
| Shareholders' Equity | TRY mil | 2,361 | 3,072 | 3,392 | 3,467 | 4,482 | |||||||||||||||||||||||||||||
| Interbank Borrowing | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 5,509 | 5,958 | 10,203 | 11,199 | 15,054 | |||||||||||
| Customer Deposits | TRY mil | 11,531 | 14,430 | 17,165 | 19,098 | 23,649 | |||||||||||||||||||||||||||||
| Issued Debt Securities | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 529 | 294 | 1,307 | 2,668 | 4,068 | |||||||||||
| ratios | |||||||||||||||||||||||||||||||||||
| ROE | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 3.16 | 9.38 | 4.84 | 4.95 | 2.59 | |||||||||||
| ROA | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.366 | 1.10 | 0.535 | 0.475 | 0.236 | |||||||||||
| Costs (As % Of Assets) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 3.90 | 4.66 | 3.34 | 3.55 | 3.12 | |||||||||||
| Costs (As % Of Income) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 76.4 | 63.6 | 67.4 | 67.1 | 67.2 | |||||||||||
| Capital Adequacy Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 14.2 | 14.3 | 12.6 | 14.4 | 15.8 | |||||||||||
| Net Interest Margin | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 4.54 | 5.90 | 4.27 | 4.60 | 4.18 | |||||||||||
| Interest Income (As % Of Revenues) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 89.1 | 80.5 | 86.1 | 86.9 | 89.8 | |||||||||||
| Fee Income (As % Of Revenues) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 16.5 | 11.3 | 14.4 | 13.7 | 12.8 | |||||||||||
| Staff Cost (As % Of Total Cost) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 46.3 | 39.8 | 42.8 | 39.6 | 37.7 | |||||||||||
| Equity (As % Of Assets) | % | 11.2 | 12.2 | 10.2 | 9.12 | 9.10 | |||||||||||||||||||||||||||||
| Loans (As % Of Deposits) | % | 133 | 131 | 143 | 147 | 149 | |||||||||||||||||||||||||||||
| Loans (As % Assets) | % | 73.0 | 75.0 | 73.3 | 73.8 | 71.5 | |||||||||||||||||||||||||||||
| NPLs (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 2.18 | 2.38 | 2.30 | 2.69 | 2.94 | |||||||||||
| Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 66.9 | 53.8 | 64.4 | 59.4 | 62.8 |
| 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 | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1,656 | 2,434 | 2,143 | 3,052 | 3,350 | |||||||||||
| Interest Cost | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 785 | 1,072 | 895 | 1,408 | 1,528 | |||||||||||
| Net Interest Income | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 872 | 1,362 | 1,248 | 1,644 | 1,822 | |||||||||||
| Net Fee Income | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 162 | 192 | 208 | 259 | 259 | |||||||||||
| Other Income | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | -54.9 | 138 | -6.40 | -10.7 | -51.4 | |||||||||||
| Total Revenues | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 979 | 1,692 | 1,450 | 1,892 | 2,030 | |||||||||||
| Staff Cost | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 347 | 429 | 419 | 502 | 514 | |||||||||||
| Operating Cost | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 748 | 1,077 | 978 | 1,269 | 1,363 | |||||||||||
| Operating Profit | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 231 | 615 | 472 | 623 | 666 | |||||||||||
| Provisions | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 124 | 258 | 264 | 386 | 516 | |||||||||||
| Extra and Other Cost | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0 | 0 | 0 | 0 | < 0.001 | |||||||||||
| Pre-Tax Profit | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 107 | 357 | 209 | 237 | 151 | |||||||||||
| Tax | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 37.0 | 102 | 52.2 | 67.7 | 47.7 | |||||||||||
| Net Profit | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 70.3 | 255 | 157 | 170 | 103 | |||||||||||
| growth rates | |||||||||||||||||||||||||||||||||||
| Net Interest Income Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | -14.3 | 56.3 | -8.36 | 31.7 | 10.8 | ||||||||||
| Net Fee Income Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | -0.310 | 18.5 | 8.65 | 24.2 | 0.174 | ||||||||||
| Total Revenue Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 3.69 | 72.9 | -14.3 | 30.4 | 7.27 | ||||||||||
| Operating Cost Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 5.88 | 44.0 | -9.17 | 29.7 | 7.45 | ||||||||||
| Operating Profit Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | -2.80 | 166 | -23.2 | 31.9 | 6.91 | ||||||||||
| Pre-Tax Profit Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | -24.7 | 233 | -41.6 | 13.7 | -36.5 | ||||||||||
| Net Profit Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | -35.9 | 263 | -38.6 | 8.35 | -39.3 | ||||||||||
| market share | |||||||||||||||||||||||||||||||||||
| Market Share in Revenues | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1.67 | 2.33 | 1.80 | 2.13 | 2.05 | ... | ||||||||||
| Market Share in Net Profit | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.369 | 1.13 | 0.663 | 0.693 | 0.402 | ... | ||||||||||
| Market Share in Employees | % | 2.88 | 2.86 | 2.93 | 3.06 | 2.78 | ... | ||||||||||||||||||||||||||||
| Market Share in Branches | % | 3.27 | 3.12 | 2.99 | 2.82 | 2.66 | ... |
| 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 | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1,934 | 2,458 | 3,423 | 4,323 | 6,125 | |||||||||||
| Interbank Loans | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 282 | 262 | 1,147 | 1,022 | 1,119 | |||||||||||
| Customer Loans | TRY mil | 15,378 | 18,842 | 24,481 | 28,046 | 35,205 | |||||||||||||||||||||||||||||
| Debt Securities | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 2,862 | 2,854 | 3,740 | 3,825 | 5,713 | |||||||||||
| Fixed Assets | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 306 | 315 | 342 | 366 | 394 | |||||||||||
| Total Assets | TRY mil | 21,066 | 25,115 | 33,395 | 38,014 | 49,245 | |||||||||||||||||||||||||||||
| Shareholders' Equity | TRY mil | 2,361 | 3,072 | 3,392 | 3,467 | 4,482 | |||||||||||||||||||||||||||||
| Liabilities | TRY mil | 18,705 | 22,043 | 30,003 | 34,548 | 44,763 | |||||||||||||||||||||||||||||
| Interbank Borrowing | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 5,509 | 5,958 | 10,203 | 11,199 | 15,054 | |||||||||||
| Customer Deposits | TRY mil | 11,531 | 14,430 | 17,165 | 19,098 | 23,649 | |||||||||||||||||||||||||||||
| Issued Debt Securities | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 529 | 294 | 1,307 | 2,668 | 4,068 | |||||||||||
| Other Liabilities | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1,136 | 1,361 | 1,329 | 1,582 | 1,992 | |||||||||||
| asset quality | |||||||||||||||||||||||||||||||||||
| Non-Performing Loans | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 340 | 456 | 576 | 769 | 1,053 | |||||||||||
| Gross Loans | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 15,570 | 19,157 | 25,077 | 28,620 | 35,771 | |||||||||||
| Total Provisions | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 227 | 246 | 371 | 457 | 661 | |||||||||||
| growth rates | |||||||||||||||||||||||||||||||||||
| Customer Loan Growth | % | ... | 26.2 | 22.5 | 29.9 | 14.6 | 25.5 | ||||||||||||||||||||||||||||
| Total Asset Growth | % | ... | 21.8 | 19.2 | 33.0 | 13.8 | 29.5 | ||||||||||||||||||||||||||||
| Shareholders' Equity Growth | % | ... | 13.3 | 30.1 | 10.4 | 2.20 | 29.3 | ||||||||||||||||||||||||||||
| Customer Deposit Growth | % | ... | 23.6 | 25.1 | 18.9 | 11.3 | 23.8 | ||||||||||||||||||||||||||||
| market share | |||||||||||||||||||||||||||||||||||
| Market Share in Customer Loans | % | 2.42 | 2.57 | 2.53 | 2.44 | 2.55 | |||||||||||||||||||||||||||||
| Market Share in Total Assets | % | 1.81 | 1.93 | 2.04 | 2.01 | 2.20 | |||||||||||||||||||||||||||||
| Market Share in Customer Deposits | % | 1.76 | 1.99 | 1.92 | 1.91 | 2.02 |
| 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 | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 3.16 | 9.38 | 4.84 | 4.95 | 2.59 | |||||||||||
| ROA | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.366 | 1.10 | 0.535 | 0.475 | 0.236 | |||||||||||
| Costs (As % Of Assets) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 3.90 | 4.66 | 3.34 | 3.55 | 3.12 | |||||||||||
| Costs (As % Of Income) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 76.4 | 63.6 | 67.4 | 67.1 | 67.2 | |||||||||||
| Capital Adequacy Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 14.2 | 14.3 | 12.6 | 14.4 | 15.8 | |||||||||||
| Net Interest Margin | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 4.54 | 5.90 | 4.27 | 4.60 | 4.18 | |||||||||||
| Interest Spread | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 4.01 | 5.28 | 3.89 | 4.18 | 3.82 | |||||||||||
| Asset Yield | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 8.63 | 10.5 | 7.33 | 8.55 | 7.68 | |||||||||||
| Cost Of Liabilities | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 4.63 | 5.26 | 3.44 | 4.36 | 3.85 | |||||||||||
| Interest Income (As % Of Revenues) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 89.1 | 80.5 | 86.1 | 86.9 | 89.8 | |||||||||||
| Fee Income (As % Of Revenues) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 16.5 | 11.3 | 14.4 | 13.7 | 12.8 | |||||||||||
| Other Income (As % Of Revenues) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | -5.61 | 8.13 | -0.441 | -0.564 | -2.53 | |||||||||||
| Cost Per Employee | USD per month | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 3,285 | 3,733 | 3,166 | 3,028 | 2,914 | ... | ||||||||||
| Cost Per Employee (Local Currency) | TRY per month | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 5,519 | 6,720 | 6,037 | 6,794 | 7,644 | ... | ||||||||||
| Staff Cost (As % Of Total Cost) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 46.3 | 39.8 | 42.8 | 39.6 | 37.7 | |||||||||||
| Equity (As % Of Assets) | % | 11.2 | 12.2 | 10.2 | 9.12 | 9.10 | |||||||||||||||||||||||||||||
| Loans (As % Of Deposits) | % | 133 | 131 | 143 | 147 | 149 | |||||||||||||||||||||||||||||
| Loans (As % Assets) | % | 73.0 | 75.0 | 73.3 | 73.8 | 71.5 | |||||||||||||||||||||||||||||
| NPLs (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 2.18 | 2.38 | 2.30 | 2.69 | 2.94 | |||||||||||
| Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 66.9 | 53.8 | 64.4 | 59.4 | 62.8 | |||||||||||
| Provisions (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1.48 | 1.30 | 1.51 | 1.63 | 1.88 | |||||||||||
| Cost of Provisions (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.898 | 1.51 | 1.22 | 1.47 | 1.63 |
Get all company financials in excel:
By Helgi Analytics - December 12, 2019
ING Bank Turkey's customer deposits reached TRY 27,764 mil in 2017, up 10.1% 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. ING Bank Turkey accounted for ...
By Helgi Analytics - June 19, 2018
ING Bank Turkey generated total banking revenues of TRY 3,110 mil in 2017, up 20.8% 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 3,110 mil in 2017 and ...
By Helgi Analytics - June 19, 2018
ING Bank Turkey's net interest margin amounted to 5.07% in 2017, up from 4.11% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 7.87% in 2009 and an all time low of 4.11% in 2016. The average margin...
By Helgi Analytics - June 19, 2018
ING Bank Turkey's customer loan growth reached 10.8% in 2017, up from -1.10% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 688% in 1985 and an all time low of -28.6% in 1992. In the last decade, the avera...
By Helgi Analytics - July 16, 2018
ING Bank Turkey generated total banking revenues of TRY 2,575 mil in 2016, up 26.9% compared to the previous year. Turkish banking sector banking sector generated total revenues of TRY 121,108 mil in 2016, up 22.1% when compared to the last year. ...
By Helgi Analytics - June 19, 2018
ING Bank Turkey employed 5,284 persons in 2016, down 5.69% when compared to the previous year. Historically, the bank's workforce hit an all time high of 6,357 persons in 2008 and an all time low of 3,590 in 2002. Average cost reached USD 2,597 per month per empl...
By Helgi Analytics - June 19, 2018
ING Bank Turkey's cost to income ratio reached 53.6% in 2016, down from 67.2% compared to the previous year. Historically, the bank’s costs reached an all time high of 87.9% of income in 2002 and an all time low of 53.6% in 2016. When compared to total ass...
ING Bank Turkey has been growing its revenues and asset by 14.5% and 15.5% a year on average in the last 10 years. Its loans and deposits have grown by 16.3% and 12.0% a year during that time and loans to deposits ratio reached 139% at the end of 2017. The company achieved an average return on equity of 7.55% in the last decade with net profit growing 18.3% a year on average. In terms of operating efficiency, its cost to income ratio reached 47.0% in 2017, compared to 64.0% average in the last decade.
Equity represented 11.1% of total assets or 15.2% of loans at the end of 2017. ING Bank Turkey's non-performing loans were 4.25% of total loans while provisions covered some 70.5% of NPLs at the end of 2017.
Helgi Analytics 
