Halkbak’s asset size increased by 48.8 percent in 2020 compared to 2019, reaching 680 billion TL. Cash loans, on the other hand, increased by 45.5 percent and reached 449.7 billion TL. Halkbank gained 2.5 million new customers during this period.
In an active year marked by the global epidemic and transformation of economic activities, Halkbank set an example of responsible banking. In order to overcome the economic effects of the pandemic; Halkbank, which provides significant improvements in access to financing to small businesses, companies and individual customers, increased its total loan volume, both cash and non-cash, to TL 564.3 billion with an increase of 41.4 percent.
THE 2ND LARGEST BANK IN LOANS AND DEPOSITS AND THE 3TH LARGEST BANK IN ACTIVE SIZE
Encouraging its customers to focus on Turkish Lira products, the bank increased its total deposits by 53.6 percent from 297.7 billion TL to 457.3 billion TL. 48.8 percent increase in the asset size of 680 billion raised Halkbank, Turkey’s largest 3rd bank in asset size, the size of the loans and deposits in Turkey took its place as the 2nd largest bank. The bank’s net profit for the period was TL 2.6 billion.
BIG ATILIM IN THE COMMERCIAL CARD
Halkbank gained 2.5 million new customers in 2020. With its great breakthrough in the commercial card field, it reached over 1 million commercial card customers and became the second bank in the sector in terms of commercial cards.
First we are the public, then the bank
Financial data for assessing Halkbank General Manager said Osman Arslan said: “In 2020 formed the effects of the pandemic, we assume important responsibilities as Halkbank its ability to maintain the strength of Turkey’s economy. With our responsible banking approach; We have always sided with the real sector for more production, employment and exports. We have developed our digitalized abilities in the real sector’s access to finance, and we have provided new opportunities by using our strength. By putting the macroeconomic stabilization program of our economy management at the center of our growth strategy; We have been the effective practitioner of the decisions and steps in the field that add strong momentum to the economic growth of our country. With our staff of 23,500 people, we became the ‘People First, Then the Bank’ during the pandemic period and we will continue to do so. “
NEW PRODUCTS SUITABLE FOR SMEs, TRADERS AND ARTISTS
Drawing attention to the increased responsibility in the banking sector during the pandemic and normalization period, Osman Arslan shared that as Halkbank, they focused on providing important support to SMEs, Tradesmen and Craftsmen in this process. “We raised the share of SME loans in our bank’s commercial loans to a very high level of 52.7 percent. Stating that our 2021 target is to increase this rate to 60 percent ”, Arslan said that in 2020, we were with our people by extending cash loans over 322 billion TL. Also; We postponed the loan of 40.1 billion TL of our 850 thousand business and individual customers in total. “The Ministry of Treasury and Finance, in addition to 2 postponements in 2020 for interest-backed tradesmen loans, we have deferred for 6 months starting from January and relieved our tradesmen.”
ESNAFA CONTINUES INCREASING SUPPORT
The loan amount we provided to our tradesmen and craftsmen in 2020 alone exceeded 42.7 billion TL, and our artisan loan balance by the end of 2020 exceeded 68.6 billion TL. Since 2002, the loan amount we have provided to 3.1 million tradesmen and artisans has reached 161.3 billion TL. We will continue to support our tradesmen under all circumstances.
Digitalization also contributed greatly to this success of Halkbank, which demonstrated growth in all categories from equity to deposits, loans to securities. Internet banking and mobile branch infrastructure enabled customers to complete many transactions without coming to the branch. Tradesmen and individual loan applications were received on the web. A successful management was achieved in allocation processes by performing all query controls digitally. Halkbank General Manager Osman Arslan said, “We provided our 2 million customers with their loans through digital channels. In the last year, nearly 3.8 million customers made transactions through the digital channels of the bank. In this process, we created our Digital Transformation Office to coordinate all digitalization efforts of our bank from a single point. As a result, we left behind an impressive year that achieved strong growth and customer expansion with all our innovations, measures and solutions. In 2021 we will continue to be in the service of our financing facilities and banking solutions to our customers and Turkey’s economy, “he said.
Source: bigpara- GÜNDEM by bigpara.hurriyet.com.tr.
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