Head-Module Title: Participation Bank in Turkey
I.Evaluation of Sectoral Quantitative Data in Turkey(Depozits and Credits)
Turkish Currency Funds
Participation banks showed a quite better performance as of the end of 2012 compared to 2007 in funds of Turkish currency. As of the end of 2012, deposits of Turkish currency reached to approximately 29 billion Turkish Lira after an increase of 265 %. Among participation banks, Bank Asya has the biggest fund of Turkish currency. But highest average grown rate owner is Kuveyt Turk. The second high performance belongs to the Albaraka Türk.
Table-4: Collected Turkish Currency Funds in Participation Banks, 2007-2012 (1000TL)
|
END OF YEAR
|
ALBARAKA TÜRK
|
BANK ASYA
|
KUVEYT TÜRK
|
TÜRKİYE FİNANS
|
TOTAL SUM
|
|
Average 2007-2012
|
3.586.632
|
6.143.803
|
3.819.808
|
4.980.901
|
18.531.143
|
|
2012
|
5.535.572
|
9.241.391
|
6.768.530
|
7.444.772
|
28.990.265
|
|
2011
|
4.797.751
|
7.813.463
|
5.215.357
|
6.233.354
|
24.059.925
|
|
2010
|
4.358.934
|
7.662.288
|
4.496.126
|
5.712.662
|
22.230.010
|
|
2009
|
3.290.809
|
5.979.825
|
2.987.415
|
4.660.035
|
16.918.084
|
|
2008
|
2.029.617
|
3.603.487
|
2.111.414
|
3.300.252
|
11.044.770
|
|
2007
|
1.507.109
|
2.562.363
|
1.340.003
|
2.534.330
|
7.943.805
|
Table-4/b: Increase Rate from Previous Year at Collected Turkish Currency Funds in Participation Banks, 2007-2012 (1000TL)
|
END OF YEAR
|
ALBARAKA TÜRK
|
BANK ASYA
|
KUVEYT TÜRK
|
TÜRKİYE FİNANS
|
Increase Rate From Prev.Year Total Sum
|
|
Average 2007-2012
|
36%
|
35%
|
41%
|
28%
|
34%
|
|
2012
|
15%
|
18%
|
30%
|
19%
|
20%
|
|
2011
|
10%
|
2%
|
16%
|
9%
|
8%
|
|
2010
|
32%
|
28%
|
51%
|
23%
|
31%
|
|
2009
|
62%
|
66%
|
41%
|
41%
|
53%
|
|
2008
|
35%
|
41%
|
58%
|
30%
|
39%
|
|
2007
|
60%
|
56%
|
48%
|
44%
|
51%
|
Source: Collected from data provided by (BAT, The Bank Association of Turkey, 2011) (BAT, The Bank Association of Turkey, 2012-13) (PBAT, The Participation Banks Association of Turkey, 2012-13).
Foreign Currency Funds, 2007-2012
Table- 5/a: Foreign Currency Funds, 2007-2012 (1.000TL)
|
END OF YEAR
|
ALBARAKA TÜRK
|
BANK ASYA
|
KUVEYT TÜRK
|
TÜRKİYE FİNANS
|
TOTAL SUM
|
|
Average 2007-2012
|
2.513.238
|
3.686.636
|
3.248.656
|
2.660.856
|
12.109.385
|
|
2012
|
3.689.446
|
6.500.467
|
5.986.513
|
3.984.764
|
20.161.190
|
|
2011
|
3.246.996
|
4.583.580
|
4.702.970
|
3.275.811
|
15.809.357
|
|
2010
|
2.522.656
|
3.504.294
|
2.885.347
|
2.685.234
|
11.597.531
|
|
2009
|
2.173.836
|
3.156.753
|
2.370.842
|
2.222.455
|
9.923.886
|
|
2008
|
1.955.493
|
2.239.334
|
1.957.958
|
2.012.296
|
8.165.081
|
|
2007
|
1.490.999
|
2.135.387
|
1.588.305
|
1.784.575
|
6.999.266
|
Table-5/b: Increase Rate from Previous Year at Foreign Currency Funds, 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
|
21%
|
28%
|
28%
|
15%
|
23%
|
|
2012
|
14%
|
42%
|
27%
|
22%
|
28%
|
|
2011
|
29%
|
31%
|
63%
|
22%
|
36%
|
|
2010
|
16%
|
11%
|
22%
|
21%
|
17%
|
|
2009
|
11%
|
41%
|
21%
|
10%
|
22%
|
|
2008
|
31%
|
5%
|
23%
|
13%
|
17%
|
|
2007
|
23%
|
37%
|
9%
|
2%
|
17%
|
Source: Collected from data provided by (BAT, The Bank Association of Turkey, 2011) (BAT, The Bank Association of Turkey, 2012-13) (PBAT, The Participation Banks Association of Turkey, 2012-13).
The case in foreign currency funds is some different. Among participation banks, Bank Asya has the biggest fund and the highest increase of performance of foreign currency in 2012. Kuveyt Türk and Bank Asya have the highest average growing rate in the foreign funds. The second participant bank is Kuveyt Türk. As of the end of 2012, Foreign currency deposits of participation banks reached to approximately 20 billion Turkish Liras after an increase of 188 % compared to the end of 2007.
Total Funds Collected, 2007-2012
Bank Asya is the leading participation bank with an amount of 15.7 billion Turkish Lira; In terms of total funds collected as the end of 2012. Kuveyt Türk, Türkiye Finans and Albaraka Türk follow Bank Asya respectively. As of the end of 2012, total funds collected by participation banks reached to approximately 49 billion Turkish Lira, after an increase of 229 % compared to the end of 2007. Figures of deposit banks and participation banks are shown below which facilitates to make a comparative analysis between them.
Table-6: Total Funds Collected, 2007-2012 (1000TL)
|
END OF YEAR
|
ALBARAKA TÜRK
|
BANK ASYA
|
KUVEYT TÜRK
|
TÜRKİYE FİNANS
|
TOTAL SUM
|
|
Average 2007-2012
|
6.099.870
|
9.830.439
|
7.068.463
|
7.641.757
|
30.640.528
|
|
2012
|
9.225.018
|
15.741.858
|
12.755.043
|
11.429.536
|
49.151.455
|
|
2011
|
8.044.747
|
12.397.043
|
9.918.327
|
9.509.165
|
39.869.282
|
|
2010
|
6.881.590
|
11.166.582
|
7.381.473
|
8.397.896
|
33.827.541
|
|
2009
|
5.464.645
|
9.136.578
|
5.358.257
|
6.882.490
|
26.841.970
|
|
2008
|
3.985.110
|
5.842.821
|
4.069.372
|
5.312.548
|
19.209.851
|
|
2007
|
2.998.108
|
4.697.750
|
2.928.308
|
4.318.905
|
14.943.071
|
Table-6/b: Increase Rate from Previous Year at Total Funds Collected, 2007-2011 (1000TL)
|
END OF YEAR
|
ALBARAKA TÜRK
|
BANK ASYA
|
KUVEYT TÜRK
|
TÜRKİYE FİNANS
|
Increase Rate From Prev.Year Total Sum
|
|
Average 2007-2012
|
28%
|
31%
|
33%
|
22%
|
28%
|
|
2012
|
15%
|
27%
|
29%
|
20%
|
23%
|
|
2011
|
17%
|
11%
|
34%
|
13%
|
18%
|
|
2010
|
26%
|
22%
|
38%
|
22%
|
26%
|
|
2009
|
37%
|
56%
|
32%
|
30%
|
40%
|
|
2008
|
33%
|
24%
|
39%
|
23%
|
29%
|
|
2007
|
39%
|
47%
|
24%
|
23%
|
33%
|
Source: Collected from data provided by (BAT, The Bank Association of Turkey, 2011) (BAT, The Bank Association of Turkey, 2012-13) (PBAT, The Participation Banks Association of Turkey, 2012-13).
Among participation banks, Kuveyt Türk has the highest increase rate for total funds in 2012, 2011 and 2010. The second bank is Bank Asya in the same 2012. Kuveyt Türk also has the highest average growing rate in the foreign funds with Bank Asya. The second participant bank is Bank Asya in the average rates.
Table-7: Fund Distribution of Participation and Deposit Banks, 2007-2012 (Million TL)
|
|
2007
|
2008
|
2009
|
2010
|
2011
|
2012
|
2007-2012 Inc. Rate
|
|
Deposit Banks
|
356.984
|
453.485
|
507.258
|
614.681
|
656.276
|
708.079
|
%98
|
|
Participation Banks
|
14.943
|
19.210
|
26.842
|
33.828
|
39.869
|
49.151
|
%229
|
|
Deposit+Participation B.
|
371.927
|
472.695
|
534.100
|
648.509
|
696.145
|
757.230
|
%104
|
Source: Collected from data provided by (BAT, The Bank Association of Turkey, 2011) (BAT, The Bank Association of Turkey, 2012-13) (PBAT, The Participation Banks Association of Turkey, 2012-13).
Table-8: Total Deposits in Deposit Banks, 2007-2012 (Million TL)
|
Year
|
2007
|
2008
|
2009
|
2010
|
2011
|
2012*
|
|
Total 1000TL
|
356.983.744
|
453.484.686
|
507.258.479
|
614.680.785
|
656.276.000
|
708.079.178
|
|
Inc. Rate
|
|
27
|
12
|
21
|
7
|
8
|
When figures are compared as of the end of 2007 and 2011, it is seen that participation banks have two times bigger percentage of increase than deposit banks on the percentage basis in terms of rate of increase. Participation banks taken into account, total fund + deposit in Turkey reaches 696 billion TL as of the end of 2011.
Funds Utilized, 2007-2012
Increase rate of loan-fund utilization from the end of 2007 to the end of 2012 of participation banks higher than deposit bank’s rate. They are 226% and 166**% respectively.
Bank Asya is the leading participation bank with an amount of 16.1 billion Turkish Lira; In terms of funds utilized as the end of 2012. Türkiye Finans, Kuveyt Türk and Albaraka Türk follow Bank Asya respectively. It is seen that Bank Asya has the highest average increase rate for last six years. The second performance is belong to Kuveyt Türk.
Table-9/a: Funds Utilized by Participation Banks 2007-2012 (1000TL)
|
END OF YEAR
|
ALBARAKA TÜRK
|
BANK ASYA
|
KUVEYT TÜRK
|
TÜRKİYE FİNANS
|
TOTAL SUM
|
|
Average 2007-2012
|
5.644.337
|
9.871.255
|
6.916.123
|
8.092.604
|
30.524.319
|
|
2012
|
9.075.183
|
16.085.168
|
11.848.419
|
12.971.058
|
49.979.828
|
|
2011
|
7.273.906
|
13.141.380
|
10.360.917
|
10.327.232
|
41.103.435
|
|
2010
|
6.269.485
|
10.916.732
|
6.984.989
|
7.913.437
|
32.084.643
|
|
2009
|
4.675.617
|
8.221.427
|
4.904.932
|
7.109.233
|
24.911.209
|
|
2008
|
3.716.977
|
6.253.160
|
4.237.341
|
5.526.380
|
19.733.858
|
|
2007
|
2.854.852
|
4.609.665
|
3.160.138
|
4.708.285
|
15.332.940
|
Table-9/b: Increase Rate From Previous Year at Funds Utilized by Participation Banks 2007-2012
|
END OF YEAR
|
ALBARAKA TÜRK
|
BANK ASYA
|
KUVEYT TÜRK
|
TÜRKİYE FİNANS
|
Increase Rate From Prev.Year Total Sum
|
|
Average 2007-2012
|
28%
|
37%
|
36%
|
23%
|
26%
|
|
2012
|
16%
|
48%
|
28%
|
0%
|
0%
|
|
2011
|
16%
|
20%
|
48%
|
31%
|
28%
|
|
2010
|
34%
|
33%
|
42%
|
11%
|
29%
|
|
2009
|
26%
|
31%
|
16%
|
29%
|
26%
|
|
2008
|
30%
|
36%
|
34%
|
17%
|
29%
|
|
2007
|
44%
|
51%
|
47%
|
49%
|
46%
|
Source: Collected from data provided by (BAT, The Bank Association of Turkey, 2011) (BAT, The Bank Association of Turkey, 2012-2013) (PBAT, The Participation Banks Association of Turkey, 2012-2013).
