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Financing
(TL million)
2016 2015 % Change
Transaction Volume
22,186 19,100 16.20%
Total Assets
32,798 27,220 20.50%
Receivables
27,855 23,825 16.90%
NPL
937
730 28.30%
Special Provisions (-)
425
325 30.80%
Shareholders’ Equity
2,705
1,701 59.10%
Borrowings
25,535 22,023 16.00%
Net Profit
358
356
0.70%
(units)
Number of Companies
14
12 16.70%
Number of Branches
0
2 -100.00%
Number of Employees
869
827
5.10%
Number of Customers
2,439,186 613,049 297.90%
Return on Equity
16.30% 23.00% -6.7 pps
Return on Assets
1.20% 1.50% -0.3 pps
NPL Ratio
3.30% 3.00% 0.3 pps
Total
(TL million)
2016 2015 % Change
Transaction Volume
163,567 156,064
4.80%
Total Assets
114,388 94,560 21.00%
Receivables
102,903 85,527 20.30%
NPL
5,398
4,553 18.60%
Special Provisions (-)
3,542
3,009 17.70%
Shareholders’ Equity
15,590 13,218 17.90%
Borrowings
80,282 67,270 19.30%
Net Profit
1,945
1,551 25.40%
(units)
Number of Companies
102
106 -3.80%
Number of Branches
501
524 -4.40%
Number of Employees
7,104
7,135 -0.40%
Number of Customers
2,596,467 764,861 239.50%
Return on Equity
13.50% 12.30% 1.2 pps
Return on Assets
1.90% 1.80% 0.1 pps
NPL Ratio
5.00% 5.10% -0.1 pps
TL 22,186 million
Total business volume of financing companies, which
increased 16.2% year-on-year, rose to TL 22,186
million in 2015. 98% of the new loans extended
during 2015 consisted of personal and corporate
auto loans. The sector is predicted to expand by 20%
in 2017.
TL 163,567 million
The aggregate business volume of financial leasing,
factoring and financing companies increased to
TL 163,567 million in 2016, translating into a year-on
growth of 4.8%.
The Association of Financial Institutions
Annual Report 2016
19