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Çalık Holding
Energy Telecoms Media Construction Mining Textiles Financial Services
BKT Aktif Bank
E-Kent
We are an Affiliate of a Reputable Global Conglomerate
1
CONSTRUCTION
• Energy• Telecommunications• Media• Construction• Mining• Textiles• Financial Services
Çalık Holding
The leading investor in Turkey, Balkans and the CIS
One of Turkey’s most up and coming Groups with more than 19,000 employees in 12 countries in 4 continents
2008 Assets of USD 4.4 billion and Revenues of USD 1.7 billion
2009 Assets of USD 4.5 billion and Revenues of USD 1.5 billion
On a national scale rated BBB by Fitch and JCR, on an international scale rated B- by Fitch and BB- by JCR
5th Turkish corporate issuing a Eurobond
Reputable partnerships and cooperation with global brands
ENI, EWE, Mitsubishi, General Electric, Turkish Telecom, Qatar Investment Authority, Anatolia Minerals, Initec Energia
Çalık Holding - Overview
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Energy – Power Systems
Completed turnkey delivery of 6 power stations with a total capacity of 1137 MW in Turkmenistan
Long-term supply and maintenance contract with Turkmen state
Holds 10 licenses to construct hydroelectric, wind and thermal power plants with a total capacity of 1500 MW in Turkey
Joint construction of a gas power plant in Uzbekistan with Initec Energia of Spain Project amount of USD 470 million Generation capacity of 472 MW Completion date of 2013
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Energy – Utilities
Çalık Energy was rewarded the tender for 100% privatisation of Yeşilırmak Electricity Distribution Company 1.5 million subscribers in the cities of Samsun,
Amasya, Çorum, Ordu and Sinop Acquisition price was USD 441.5 million
Has a shareholding in Bursagaz and Kayserigaz Bursagaz and Kayserigaz service 850,000 households
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Energy – Oil & Gas
TAPCO Awarded the license to build and operate the strategically important Trans-Anatolian Pipeline (TAP) Partnership with ENI Group of Italy Annual capacity of 50-70 million tons of oil Completion date of 2013
Exploration and Drilling Explores and drills oil and gas in Turkmenistan Partnership with Parker Drilling of USA Holds oil and exploration licenses in Eastern Turkey and Thrace region
Refinery Awarded the license to build a refinery and petrochemicals complex in Ceyhan Annual capacity of processing 10 million tons of crude oil and 2 million tons of petrochemicals Budget of USD 6 billion
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Telecommunications
Owns 76% stake in Albania's Albtelecom Turkish Telecom is a strategic partner with 20% share
Only fixed line operator in Albania 305,000 subscribers with a potential of 800,000 30% penetration
Third GSM operator after AMC and Vodafone 635,000 subscribers 15% market share
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New
spap
er 4 newspaper brandsSabah reaches 2.7m readers daily across Turkey and it is #3 newspaper in terms of circulation
Mag
azin
es 25 magazinesForbes and Para are the leading Business & Finance magazines in Turkey
TV a
nd R
adio
Bro
adca
sting 4 TV and 2 Radio
channels ATV is one of the leading all day and prime time broadcaster in Turkey
One of only two nationwide print distribution networks
in Turkey 5 regional offices (2 representative offices) 5 printing facilities 25,794 sales outlets (810 chain stores) 221 distributors
20% market share in TV & newspaper advertising Lusail International Media Co., media affiliate of
Qatar Investment Authority is 25% shareholder of Turkuvaz
Turkey’s Second Largest Media GroupTurkey’s Second Largest Media Group
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Construction
GAP İnşaat ranked 163rd in the “Top International Contractors” list of ENR magazine in 2009
Active in the construction of turnkey industrial plants, infrastructure and environmental projects, hospitals, hotels, schools, roads and museums
Cover Middle East, CIS and North Africa
Value of completed projects amounts to approximately USD 2.5 billion
Latest project is a USD 1.1 billion shopping centre, residential and office building in partnership with Varyap
Undertaking Turkey’s first urban transformation and renovation projects with private involvement in the heart of Istanbul
Tarlabaşı and Fener Balat
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Textiles
GAP Güneydoğu is one of the world’s top ten suppliers of denim
The only rated textiles company in Turkey with a local currency rating of BBB+ from Fitch
Active in the production of yarn, fabric, garment and home textiles
Manufacturing operations in Turkey, Turkmenistan and in Egypt
Majority of sales exported to North America, Europe, North Africa and East Asia
Top 3 export destinations are the USA, Italy and Spain
Customers include global names such as Diesel, Replay,
Lee-Wrangler, Levi’s, Benetton, H&M, Calvin Klein,
Tommy Hilfiger, Zara, Miss Sixty, M&S, Next, Esprit,
Escada9
Mining
An extensive partnership with Anatolia Minerals in Turkish mining industry
Anatolia Minerals is based in the US and holds more than 100 licenses in Turkey
Çalık Maden partners up with Çukurdere, a subsidiary of Anatolia Minerals
175,000 ounces of annual production started in 2010
Çukurdere owns a gold mine in Erzincan with 6 mn ounces reserves
The alliance will allow for joint exploration and development of other minerals in Turkey on a 50/50 basis
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Çalık Financial Services
Established in 2003 as financial services arm of Çalık Holding
Active in Turkey, Albania and Kosovo with 75 branches through
brand in Turkey
brand in Albania and Kosovo
Consolidated Financial Figures as of 31.12.2009 Asset size USD 1.7 billion Equity of USD 210 million
Engaged in retail and corporate banking with a niche concept of direct banking in Turkey
Further expansion plans into Balkans and the Middle East
Çalık Financial Services
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BKT is one of the few banks operating as an Albanian brand in Albania
Active in Corporate and Retail Banking with a market share of 16.7 % in deposits 9.7 % in loans
Owned 100% by Çalık Financial Services
2nd largest bank amongst 16 banks in Albania Total Assets: USD 1.3 billion Deposits: USD 1.1 billion 57 branches in 30 cities in Albania and 12 branches in
Kosovo Captures 80% of trade activity between Turkey and
Albania
Selected the “Best Bank of the Year” and “Best Medium Size Bank in CEE” in 2008 by Finance Central Europe Magazine
Rated AAA by Japanese Credit Rating Agency (JCR)
Banka Kombetare Tregtare
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Aktif Bank - Fact Sheet
Foundation 1999
Ownership Private - Çalık Holding
Date of Re-organization March 2007
Name Change August 2008
Field of Activity Retail, Corporate and Investment Banking
Total Assets TL 588,3 million
Shareholders’ Equity TL 171 million
Net Income TL 9.3 million
Number of Staff 263
Number of Branches 6
Number of Sales Points 4,000
Correspondent Bank Network 255 banks in 76 countries
Rating A- National, BB International
Vision “Local, Global”
Mission To become a pioneering, smart and outstanding service organization, which is a
sought-after partner in the environment it operates.
Web Adress www.aktifbank.com.tr
Chairman Ahmet Çalık
CEO Dr. Önder Halisdemir
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(in TL thousands)
Total Assets
(in TL thousands)
Summary Financials – Triple Digit Growth in the Balance Sheet for the Last Two Consecutive Years
Note: Solo financials audited in accordance with BRSA standards
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Total Equity
2006 2007 2008 2009 2010 (1. H)66,293 111,679
251,680
578,047682,175
920% CAGR
2006 2007 2008 2009 2010 (1. H)
40,153 40,153
134,295
158,839
156.959
% 58 CAGR
2006 2007 2008 2009 2010 (1. H)41,030 74,735
117,661
297,443
438.595
Series 1
868% CAGR
2006 2007 2008 2009 2010 (1. H)
51,593 54,429
142,800 139,000 147,943
Free Capital
CAR: 16.4%
2006 2007 2008 2009 2010 (1. H)
51.593 54.429
142.8 139 147.943
Free Capital
Summary Financials – More than Doubled the Balance Sheet for the Last Two Consecutive Years
Note: Solo financials audited in accordance with BRSA standards
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2006 2007 2008 2009 2010 (1. H)
61.89% 67.87%46.75% 51.46%
63.63%
14.14%18.85% 18.79% 11.17%
5.38%23.97% 13.29% 15.48% 16.27% 12.70%
19%21%
18%
Total Assets
Loans Securities Banks Other
682,175
2006 2007 2008 2009 2010 (1. H)41.030 74.735
117.661
297.443
438.595
Loans682,175
2006 2007 2008 2009 2010 (1. H)4.66%
31.30% 29.16% 16.63% 27.00%
60.57%35.95%
53.36% 27.48%25.00%
34.77% 32.74%13.21% 23.32% 13.00%
4% 33%35%
Funds BorrowedMarketable Securities Issed and Customer FundsShareholders' EquityOther
682,175
CAR: 16%
Our Strategy : Three Pillar Strategy Built on a Strong Banking Base
City Banking Regional BankingDirect Banking
CorporateBanking
RetailBanking
Investment Banking Treasury
New Generation Banking
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1. Strong and Dedicated Team
2. Centralized Multi-Institutional Operational Infrastructure
3. Inhouse Core Banking System – “Akustik”
4. State-of-Art Unique Platforms
Kreaktif (Credit Factory)
Aktif Online
Aktif Collection
Aktif Card System
Aktif Insurance
Our Banking Base
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Direct Banking
Branchless banking model
Replacing expensive and old-fashioned
branch dominated network
Physical and electronic alternative delivery
channels
Post Offices, Dealers, Web, Call Centre
Presence at points of sale
No time or location constraints
Technologically sophisticated products
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Our Channels
Aktif Bank Web-Site and City Portals - throughout Turkey
Dealer Portals - throughout Turkey
Call Centre - throughout Turkey and in Albania
PTT - 3,750 points throughout Turkey
Aktif Points - 760 points in 8 cities
Aktif Kiosks - 32 locations in 4 cities
Branches – 6 branches in 5 cities
Aktif Bank Web-site
Aktif Bank Dealer PortalAktif Kiosk
Post Office Branches
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Money transfers to anyone with or without a bank account in Turkey is possible! Filling an order form with
proof of identification is enough!
UPT is the cheapest and easiest way of money transfer in Turkey from banks to post offices and post offices to banks real -time
UPT Is Easy!
UPT Is Widespread!
UPT is available at 3,750 PTT branches, over 8,800 bank branches, telephone and internet banking ! Cash
withdrawals through 22,800 ATMs in Turkey possible!
UPT is the First Service that Surfs on Aktif Online Platform
Only TL 7.5 for money transfers up to TL 1,000 compared to the average of TL 30 for Electronic Fund Transfer (EFT)!
UPT Is Cheap!
“There are 1,179 locations where there is no bank branch but a PTT office in Turkey ” 20
Kredi
Aktif Bank collaborates with PTT and offers consumer loans to the PTT payroll
customers
Given sufficient funding, accessing these 500,000 payroll customers with secured, colleteralized retail loans offers has a sales potential of USD 1 billion
Credit operations was introduced to PTT for the first time by providing loan training to 1500 staff in 25 cities
Started on 18th June with PTT Personnel
Nation-wide launch in July 1st
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From application to assesment, we built our credit factory with flexible workflows and high integration capacity with multiple channels
Automatic Decision System Office Verification Module Fraud Module User-friendly screens Smart Application Fields Dynamic Matrix Online Outsource Interrogation
Kreaktif – Credit Factory
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Consumer Loans through Dealers and ADCs
Doğtaş and Kelebek are two major furniture manufacturer chains in Turkey with sales points around the globe
Aktif Bank’s Dealer Credit System - Kreaktif is used at more than 150 dealers of Doğtaş and Kelebek
Average loan amount: TL 4,000 Average tenor: 15 months
Negotiations continue with “Tepe Home” for similar cooperations
Boiler and installation loan program is available at 40 dealers in Kayseri in cooperation with Kayserigaz
Private bus assocations in Bursa, Kayseri, Gaziantep, Düzce, Kütahya, Sakarya are offered
SME Loans with and without a collateral
Refinancing Loans
Vehicle Loans
Heating and Cooling Private Bus Associations
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City Banking
Design, implementation and operation of product
and services specifically tailored to cities
AFC systems, bill payments, cash management
services and city card
Corporate banking and investment products for
municipalities and local businesses
City portals
Up-to-date information on city life
Received “Best E-portal Information
Technology Award” in 2009 by Kayseri
Ministry of Transport
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Aktif Bank Subsidiary “E-Kent”
Turkey’s largest Automatic Fare Collection “AFC” Operator in transportation
Provides modern and high-technology solutions for city
life
Contactless cards “city card”, smart bus stops and
vehicle tracking systems
Expert in field operations
Services citizens, municipalities and private bus
companies with advanced technology solutions
and consulting
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Operational in 8 cities
Bursa, Kayseri, Gaziantep, Düzce, Kütahya, Sakarya,
Kırklareli, Tokat
Servicing 9 million people
With 3 million pre-paid transportation cards
Used at 3,000 buses and 500 tollgates
950 top-up points and ticket booths
Handles more than 1 billion transactions annually
2009 Transportation Revenue: TL 800 million
E-Kent - In Numbers
Smart Bus Stops
Vehicle Tracking System
Validators
Terminals
Passenger Information System
Tollgates
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Widespread, chip based, contactless, high security payment platform
KART 00 - Pre-paid transportation card
AKTIF 00 - Pre-paid urban card enabling quick and safe transactions at every point in the city
e.g. campus card, fan card, gift card, food card, corporate card etc.
CREDITAKTIF 00 - Credit card with additional installments feature to AKTIF 00 (to be launched in Q1 2011)
“Different card solutions for different customer needs”
City Card Product Family
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SHE CARD
HOROSCOPE CARD
STICKER CARD
RAILWAY SYSTEM CARD
“Kart 00 Family”
Functional in transportation “Kart 00”
Special card designs valid in transportation
“She card”, “Sticker card”
Recollection cards functional in transportation
“Horoscope zodiac card visual”, “Railway
system card”
Prepaid Transportation Card Products
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Vending machines & Kiosks & Parking SystemsShopping
Social Facilities Transportation
An urban card enabling quick and safe transaction, usable in every point of the city.
“AKTIF 00 Family”
AKTIF 00 is The Most Extensive Prepaid Card Programme in the World
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Regional Banking
Generate scale by building an extensive physical
distribution network in the Balkans, CIS and
Middle East
Contribute to the development of trade between
these countries and Turkey
BKT with 69 branches in Albania and Kosovo
Further expansion into the Region
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Cash Management
Collection System Cheque / Bill DDS Card
Integrated Receivables Management (B.A.Y.)
Store Loyalty Card Salary Payment System Mass Transfer System Accounting Integration
System
Foreign Trade
L/C L/G Financing
Loans
Cash Non-cash
Insurance
Property Business Interruption Auto Transportation Liability Credit Individual / Group
Fixed Income Securities Mutual Funds Hedging Products
Treasury
Corporate Banking Products
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End-to-end receivables management service
No differentiation of receivables Invoices, cheques, notes and bills are
included in the collection scheme
Obtain financing by pledging receivables
Advisory Services Initial assessment of agency and dealer
network of the client Reporting and notification by follow-up
through the call centre In case of default, legal follow-up of
overdue payments
CLIENT ASSESSMENT
FINANCING
COLLECTION SERVICES
CALL CENTER
REPORTING
Integrated Receivables Management (B.A.Y.)
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We initated the formation of a commercial paper market
in Turkey
Under this program, we issued the first bank bond in
Turkey
All of our issuances have been fully subscribed
1st tranche: TL 35 million (September 2009)
2nd tranche: TL 65 million (September 2009)
3rd tranche: TL 100 million (February 2010)
4th tranche: TL 400 million (April 2010)
With a maturity profile of 30 days to 360 days
Tax advantage over time deposits
Aktif Bond is quoted on Reuters and Bloomberg
Aktif Bank Bond
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: Your Local Partner
Why ACT Office Establish a strong foothold in Turkey and in the region Focus on decision making, not on the process of day-to-day
business Easy access to local expertise with extensive experience Flash News Hotline On-site business and corporate intelligence Benefit is yours, the rest belongs to us (local “Scapegoat”) Low cost base
ACT Office Services Marketing
Promote and publicize your products Search for clients, markets and sectors
Research Filtered information to develop new insights to
industries and sectors Credit & Legal Advisory
Credit assessment Collateralization Monitoring
Administrative & Logistic
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Founded in 2006Trade FinanceNumber of Member Countries: 56
Founded in 1994Export and Investment InsuranceNumber of Member Countries: 37
Marketing & ResearchOperationsCreditsTreasuryLegal ServicesLogistic & Admin
Marketing & ResearchOperationsClaimRisk AssessmentLegal ServicesLogistic & Admin
SCO
PE O
FSE
RVIC
ESPR
OFI
LE
ACT Office Services - ITFC and ICIEC
Signed 06 Nov‘ 09 Signed
10 Nov‘ 09
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We are an Innovative Service Organization
First direct bank of Turkey
First bank to issue a commercial paper program
First bank to introduce “Liaison Office” concept in Turkey (“ACT Office”)
Only bank to have online realtime integration with Post Offices
Market leader in contactless cards in Turkey
First bank to develop “a-purse” which is a dual interface chip card application with transportation functionality
First bank to own a transportation operator “E-Kent”
First bank to develop a transportation kiosk
One of the 6 banks in Turkey with an instant decision making credit system “Credit Factory”
One of the 9 banks with dealer credit system
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FI Contacts
Middle East, North Africa, GCC
Muzaffer Suat UtkuSenior Vice President
+ 90 212 340 8321 [email protected]
Far East, South East Asia, CIS Europe, Americas, Australia
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Alper NalbantVice President
+ 90 212 340 [email protected]
Gonca Yılmaz Çetin Assistant Manager+ 90 212 340 8322
Sedat YalçınkayaSpecialist
+ 90 212 340 [email protected]
Disclaimer:The contents of this document are provided here for informational purposes only and may not be up to date or fully state all the relevant facts, therefore no warranty, express or implied, is given as to the accuracy thereof and neither Aktif Bank nor any of its affiliates, administrators, directors, or employees shall be liable for any consequences which arise as a result of the use of, or reliance on, the contents and any associated material by you or any third party to whom you supply, copy, send or distribute the contents and any associated material including but not limited to loss of profit, loss of data and information, business, revenue, contracts, reputation or goodwill or any other expenses, costs and damages whether direct or indirect and whether reasonably foreseeable or not. This document is confidential and no portion of the contents herein may be copied, distributed, or reproduced in any form or by means without prior written consent of the Financial Institutions of Aktif Bank.
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