Professional Documents
Culture Documents
in TURKEY
: An Economic and Social Reality
Presented By:
Dr. Adnan Büyükdeniz
General Manager /
ALBARAKA TURK
Participation Bank Inc.
BANKING ACT
Investment &
Commercial Banks Development Participation Banks
Banks
III. ACTIVITIES OF
PARTICIPATION BANKS
• Fund Collection
– Special Current Accounts
– Profit and Loss Participation Accounts
• Fund Utilisation
– Corporate Finance
– Financial Leasing
– Retail Finance
– Participation in Business Projects
III. ACTIVITIES OF
PARTICIPATION BANKS
• Other Activities
– Cheque book services
– Money remittances
– Letters of guarantee, performance
bonds
– Credit cards, POS terminals
– Foreign currency transactions
including foreign trade banking
– Alternative distribution channels
• Internet and Telephone Banking, ATM’s
IV. THE PLACE OF
PARTICIPATION BANKS IN
THE TURKISH BANKING
SYSTEM
FUNDS COLLECTED
(Equivalent in Thousand US $)
Share in the
Funds Banking
Growth in Year Collected Growth System
YTL terms
is 18 % 2002 1,961,000 47.2% 2.20%
5.500.000
4.462.768
4.500.000
2.936.000
3.500.000
1.961.000
2.500.000
1.500.000
500.000
Share in the
Funds Banking
Year Utilised Growth System
Growth in
YTL terms 2002 1,285,109 72.53% 3.59%
is 23 %
2003 2,200,595 71.24% 5.88%
2002 40 66
2003 42 75
2004 47 82
2005 59 89
2006/II 69 92
TOTAL ASSETS
(Equivalent in Thousand US $)
Share in
the
Total Banking
Year Assets Growth System
Growth in
YTL terms
2002 2,424,000 47.53% 1.83%
is 23 %
Branch
Year Network Workforce