Head-Module Title: Participation Bank in Turkey
Growth of Net Profit
Table-10/a:Growth of Net Profit, 2007-2012 (1000TL)
END OF YEAR
ALBARAKA TÜRK
BANK ASYA
KUVEYT TÜRK
TÜRKİYE FİNANS
TOTAL SUM
Average 2007-2012
135.655
239.265
151.698
199.942
726.561
2012
191.835
190.392
250.156
283.573
915.956
2011
160.870
216.090
195.042
231.587
803.589
2010
134.379
259.962
159.648
205.529
759.518
2009
105.626
301.281
127.133
171.388
705.428
2008
136.242
246.529
104.086
160.633
647.490
2007
84.979
221.337
74.123
146.943
527.382
Table-10/b: Increase Rate from Previous Year at Net Profit, 2007-2012 (1000TL)
END OF YEAR
ALBARAKA TÜRK
BANK ASYA
KUVEYT TÜRK
TÜRKİYE FİNANS
Increase Rate From Prev.Year Total Sum
Average 2007-2012
21%
7%
41%
13%
16%
2012
19%
-12%
28%
22%
14%
2011
20%
-17%
22%
13%
6%
2010
27%
-14%
26%
20%
8%
2009
-22%
22%
22%
7%
9%
2008
60%
11%
40%
9%
23%
2007
22%
51%
105%
5%
35%
Source: Collected from data provided by (BAT, The Bank Association of Turkey, 2011) (BAT, The Bank Association of Turkey, 2012) (PBAT, The Participation Banks Association of Turkey, 2012).
Looking at deposit banks for the 2007-2012 period, their profit increased by %71 from 2007 to 2012, and reached to 23 billion TL in 2012. Increase rate of participant banks total net profit is %74 from the end of 2007 to the end of 2012. The rate of participation bank’s is a little higher than deposit bank’s. In terms of average profit per bank, deposit banks have too high figures compared to participation banks naturally. However it is also obvious that average scales, branch numbers and history of deposit banks are above participation banks.
Türkiye Finans has the biggest share in total profitability of total participating banks at the end of 2011. Bank Asya, Kuveyt Türk and Al Baraka follow it respectively. Furthermore, Kuveyt Türk has the highest average net profit increase rate among the others. Kuveyt Türk has more stable rates at the last six years.
Table-11: Net Profit/Loss of Deposit Banks for the Year, 2007-2012
Year
2007
2008
2009
2010
2011
2012*
Total
13.467.940
11.851.867
18.489.700
20.518.216
19.849.000
23.064.743
Inc.Rate
-12
56
11
-3
16,2
Source: Collected from data provided by (BAT, The Bank Association of Turkey, 2011) (BAT, The Bank Association of Turkey, 2012) (PBAT, The Participation Banks Association of Turkey, 2012).
Growth of Asset (Equity Capital)
Looking at the table regarding the equity capital growth, it is seen that participation banks increased their equity in 2012 212% according to the 2007. Looking at deposit banks for the 2007-2012 period, their equity capital increased by129 % from 2007 to 2012.
Table-12/a: Growth of Equity Capital, 2007-2012 (1000TL)
END OF YEAR
ALBARAKA TÜRK
BANK ASYA
KUVEYT TÜRK
TÜRKİYE FİNANS
TOTAL SUM
Average 2007-2012
826.295
1.732.301
1.043.379
1.321.276
4.923.251
2012
1.218.333
2.349.273
1.684.037
2.125.162
7.376.805
2011
1.004.251
2.137.426
1.437.978
1.613.659
6.193.314
2010
852.635
1.941.667
1.256.685
1.406.096
5.457.083
2009
710.666
1.707.894
807.312
1.193.692
4.419.564
2008
638.102
1.403.692
685.679
1.001.456
3.728.929
2007
533.780
853.856
388.583
587.592
2.363.811
Table-12/b: Increase Rate from Previous Year at Equity Capital, 2007-2012 (1.000TL)
END OF YEAR
ALBARAKA TÜRK
BANK ASYA
KUVEYT TÜRK
TÜRKİYE FİNANS
Increase Rate From Prev.Year Total Sum
Average 2007-2012
35%
26%
39%
31%
31%
2012
21%
10%
17%
32%
19%
2011
18%
10%
14%
15%
13%
2010
20%
14%
56%
18%
23%
2009
11%
22%
18%
19%
19%
2008
20%
64%
76%
70%
58%
2007
117%
35%
55%
35%
52%
Source: Collected from data provided by (BAT, The Bank Association of Turkey, 2011) (BAT, The Bank Association of Turkey, 2012) (PBAT, The Participation Banks Association of Turkey, 2012).
Bank Asya has the biggest share in total equity capital of total participating banks at the end of 2012. Türkiye Finans, Kuveyt Türk and Al Baraka follow it respectively. Furthermore, Kuveyt Türk has the highest average equity capital increase rate among the others. Kuveyt Türk has biggest equity growing rate at the last six years.
Table-13:Equity Growth of Deposit Banks,2007-2012(1.000 TL)
Year
2007
2008
2009
2010
2011
2012*
Total
64.533.482
72.060.575
93.832.584
114.978.956
123.007.000
147.585.754
Inc.Rate
12
30
23
7
20
Source: Collected from data provided by (BAT, The Bank Association of Turkey, 2011) (BAT, The Bank Association of Turkey, 2012) (PBAT, The Participation Banks Association of Turkey, 2012) (BAT, The Bank Association of Turkey, 2013)
Growth of Total Assets
Table-14/a: Growth of Total Assets in Participation Banks, 2007- 2012 (1000TL)
END OF YEAR
ALBARAKA TÜRK
BANK ASYA
KUVEYT TÜRK
TÜRKİYE FİNANS
TOTAL SUM
Average 2007-2012
7.681.482
13.178.446
10.012.683
10.542.867
41.415.478
2012
12.327.654
21.390.024
18.910.513
17.616.504
70.244.695
2011
10.460.885
17.190.099
14.897.592
13.528.353
56.076.929
2010
8.406.301
14.513.419
9.727.117
10.691.860
43.338.697
2009
6.414.914
11.608.955
6.904.526
8.699.643
33.628.038
2008
4.789.108
8.108.129
5.768.034
7.104.156
25.769.427
2007
3.690.029
6.260.048
3.868.318
5.616.687
19.435.082
Table-14/b: Increase Rate from Previous Year at Total Assets in Participation Banks,2007-12(1000TL)
END OF YEAR
ALBARAKA TÜRK
BANK ASYA
KUVEYT TÜRK
TÜRKİYE FİNANS
Increase Rate From Prev.Year Total Sum
Average 2007-2012
27%
32%
37%
27%
31%
2012
18%
24%
27%
30%
25%
2011
3%
18%
53%
27%
29%
2010
31%
25%
41%
23%
29%
2009
34%
43%
20%
22%
30%
2008
30%
30%
49%
26%
33%
2007
48%
50%
32%
36%
42%
Source: Collected from data provided by (BAT, The Bank Association of Turkey, 2011) (BAT, The Bank Association of Turkey, 2012) (PBAT, The Participation Banks Association of Turkey, 2012).
When we look at the table of growth of assets, it is seen that participation banks provide in the 2007-2012 period according to deposit banks. Participation banks increased their total assets 261% owing to deposit banks increased their total assets 119%.
Bank Asya has the biggest asset among participation banks, which is followed by Kuveyt Türk at the end of 2012.
Similarly in this case, Kuveyt Türk has the highest average increase rate for 2007-2012 period. Bank Asya, Al Baraka and Türkiye Finans follow it respectively
Table-15: Growth of Total Assets in Deposit Banks, 2007- 2012
Year
2007
2008
2009
2010
2011
2012*
Total
542.293.125
682.936.916
771.511.791
930.947.266
1.119.911.000
1.190.124.718
Inc.Rate
26
13
21
20
6,3
Source: Collected from data provided by (BAT, The Bank Association of Turkey, 2011) (BAT, The Bank Association of Turkey, 2012) (PBAT, The Participation Banks Association of Turkey, 2012).
Table-16: The Shares of Participation Banks within the Sector
Deposit Banks
Dev. and Inv. Banks
Participation Banks
Year
Sector
Total Assets
Ratio in the Sector
Total Assets
Ratio in the Sector
Total Assets
Ratio in the Sector
2012
1.315.759
1.190.125*
90,5%
55.389*
4,2%
70.245
5,3%**
2.011
1.217.695
1.119.911
92,0%
41.636
3,4%
56.148
4,6%
2.010
1.006.667
932.371
92,6%
30.958
3,1%
43.339
4,3%
2.009
834.014
773.357
92,7%
27.029
3,2%
33.628
4,0%
2.008
732.536
683.823
93,4%
22.943
3,1%
25.770
3,5%
2.007
581.606
543.272
93,4%
18.888
3,2%
19.445
3,3%
Source: Collected from data provided by (BAT, The Bank Association of Turkey, 2011) (BAT, The Bank Association of Turkey, 2012) (PBAT, The Participation Banks Association of Turkey, 2012).
The table clearly shows that The Participation banks have increased the theirs shares in the sector. While the share of Participation banks is %3,3 in 2007, the share reaches to %5,3 in the end of 2012. The increasing rate of sector share is %61 as a number.
