A SUCCESS STORY WITH 19 YEARS FULL OF TRUST & STRENGTH Kuwait Turkish Participation Bank The 3 rd...
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A SUCCESS STORY WITH 19 YEARS FULL OF TRUST & STRENGTH Kuwait Turkish Participation Bank The 3 rd Turkish- Arab Economic Forum June 2008
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Transcript of A SUCCESS STORY WITH 19 YEARS FULL OF TRUST & STRENGTH Kuwait Turkish Participation Bank The 3 rd...
A SUCCESS STORY WITH 19 YEARS
FULL OF TRUST & STRENGTH
Kuwait Turkish Participation Bank
The 3rd Turkish- Arab Economic ForumJune 2008
KUWAIT TURKISH PARTICIPATION BANK
Established : 1989
Number of Domestic Branches : 97(Istanbul: 46,Other: 51)
Foreign Branch : Bahrain
Number of Employees: 1991
International Presence : Links with 300+ banks in 75 countries
Subsidiaries: Körfez Real Estate and IIRA
Rating (FitchRatings) AAA (National); BB (Foreign Currency, Long Term)
Distribution of YTL500 Million Capital among the shareholders is as follows:
KUWAIT TURKISH PARTICIPATION BANK
Kuwait Finance House62.2%
Public Institution for Social
Security, Kuwait9.0%Islamic
Development Bank9.0%
General Directorate of Foundations
18.7%
Others1.1%
KUWAIT TURKISH PARTICIPATION BANK
KFH NETWORK
Pop. :74 m
GDP3 (US$) : 659 bn
Turkey
Pop. :3 m
GDP3 (US$) : 114 bn
Kuwait
Pop. :27 m
GDP3 (US$) :156 bn
Malaysia
Pop. :0.7 m
GDP3 (US$) :20 bn
Bahrain
Established in Kuwait in 1977, as
the first Islamic Bank.
42.7% owned by Kuwaiti
government agencies
Second-largest bank in Kuwait1 with
a local network of 44 branches and
operates under the purview of the
central bank
Assets total KD8.9 bn (US$32.6 bn)
and deposits amount to KD5.3bn
(US$19.4 bn), representing 25% of
the total deposits in the Kuwaiti
market2 as per the balance sheet of
December 2007.
Source: EIU, Central Bank of Kuwait(1) Total assets as at December 2007(2) As at 4Q 2007(3) Nominal GDP - Provisional
Main Shareholder Company - Kuwait Finance House K.S.C.
TURKISHTURKISH BANKING SECTORBANKING SECTOR
TURKISH BANKING SECTORTURKISH BANKING SECTOR
31.03.2008 NumbersTotal Assets (USD Million)
%Total Loans
(USD Milyon)%
Total Deposits (USD Milyon)
%
Commercial Banks 32 452,348 93.4% 317,628 94.0% 285,867 95.8%
Development and Investment Banks
13 15,654 3.2% 7,486 2.2% 0 0.0%
Participation Banks 4 16,498 3.4% 12,626 3.7% 12,523 4.2%
Total 484,500 337,740 298,390
* SDIF Bank is excluded.
The Banking Sector In The Banking Sector In FiguresFigures (31.03.2008) (31.03.2008)
• Total Assets : US$ 485 billion• Total Deposits : US$ 298 billion • Number of branches : 8,820• Number of employees : 182,973• Number of accounts : 92.6 million (Deposit Banks - 2007) • Asset / Employee : US$ 2.65 million• Assets / Branch : US$ 55 million • Loans / Deposits : 80 %• Loans / Assets : 49 % • Assets / GNP : 73.6 %• Loans / GNP : 36 %• Capital Adequacy Ratio: 17.2 % (Deposit Banks - 15.9 %)• RoAE (2007) : 24.8 % (Deposit Banks – 26.7 %)
HIGH POTENTIAL
ISLAMIC BANKING ASSETS SHARE IN BANKING SECTOR
FROM SELECTED COUNTRIES
PARTICIPATION BANKS FUTURE
0%
5%
10%
15%
20%
25%
Kuwait Egypt Malaysia Bahrain Turkey
22%
17%
11%8.4%
3.3%
HIGH GROWTH
HIGH GROWTH
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
20,000
2001 2002 2003 2004 2005 2006 2007
2,36
5
3,96
2
5,11
3 7,29
9
9,94
5
13,7
52
19,4
74
ASSETS GROWTH (YTL Million)
%68 %29
%43
%36
%38
%42
Compounded Annual Growth Rate: % 42.1
*Participation Banks
HIGH GROWTH
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
2001 2002 2003 2004 2005 2006 2007
1,07
2
2,10
1
3,00
1 4,89
5
7,40
8
10,4
93
15,3
33
LOANS GROWTH(YTL Million)
%96 %43
%63
%51
%42
%46
Compounded Annual Growth Rate: % 55.8
*Participation Banks
HIGH GROWTH
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
2001 2002 2003 2004 2005 2006 2007
1,91
7
3,20
6
4,11
1 5,99
2
8,36
9
11,2
37
14,9
43
COLLECTED FUNDS GROWTH(YTL Million)
%67 %28
%46
%40
%34
%33
Compounded Annual Growth Rate: % 40.8
*Participation Banks
HIGH RETURNS
HIGH RETURNS
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
2004 2005 2006 2007
Return On Average EquityRoAE
HIGH RETURNS
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
2004 2005 2006 2007
Return On Average Assets RoAA
THANK YOU...Ufuk UYANChief Executive Officer KUWAIT TURKISH PARTICIPATION BANKADDRESS : BÜYÜKDERE CAD. NO: 129 34394 ESENTEPE-ŞİŞLİİSTANBUL/TURKEY
www.kuveytturk.com.tr
