 Having
survived the financial crisis of 2001 and 2002 with
the support of its major shareholders, Alternatifbank
now targets to be a leading wholesale institution
in the newly consolidated and restructured Turkish
banking sector. In this context, the bank withdrew
from consumer lending activities in 2002, while continuing
to serve the clients in the individual banking area
with the main focus in depository and asset management
services.
The bank's ambitious targets in corporate banking
are planned to be achieved through offering tailor-made
and niche products to predominantly large and medium-size
enterprises where major foreign and domestic institutions
have less access.
While the bank takes great care in ensuring the continuity
of close relationship with the Anadolu Group companies,
it also seeks to realize revenue synergies by providing
services at competitive levels to these companies
as a preferred partner. Loan exposure to Group companies
has been traditionally limited and one of the lowest
within the banking sector.
The Group has injected a total of US$83mn into Alternatifbank
since 2001 and the bank's capital adequacy ratio stood
at 12% as of 2002-end, above the required 8% level.
|
|
 |
|
|
 |
|
| Anadolu
Endüstri Holding |
|
77.08 |
Özilhan
Sınai
|
1.53
|
Anadolu
Motor
|
7.79
|
Ef-Pa
|
7.46 |
Çelik
Motor
|
1.34 |
| Others
|
4.80 |
| Decomposition
of Yazıcılar's total exposure |
| Direct |
0.00 |
| Indirect |
61.48 |
| Total |
61.48 |
|
|
| |
|
|
|
| |
|
