Table of Contents
Executive Summary — 5 Table: Latest Actual Data
(TRYbn) — 5 Table: Latest Actual Data
(US$bn) — 5 Table: Latest Key Indicators At March
2009 — 5 Table: Annual Growth Rate Projections, 2009-2013
(%) — 6 Table: Ranking Out Of 59 Countries Reviewed In
2009 — 6 Table: Projected Levels, 2008-2013
(TRYbn) — 6 Table: Projected Levels
(US$bn) — 6 Overview Of Turkey’s Commercial Banking
Sector — 7 SWOT Analysis — 8 Turkey
Commercial Banking SWOT — 8 Turkey Political
SWOT — 9 Turkey Economic SWOT — 10
Turkey Business Environment SWOT — 11 Commercial Banking
Business Environment Rating — 12 Table: Commercial Banking
Business Environment Ratings — 12 Commercial Banking
Business Environment Rating Analysis — 12 Commercial
Banking Business Environment Rating Methodology — 14
Table: Europe Commercial Banking Business Environment
Ratings — 16 Global Banking Sector
Outlook — 17 Table: Client Loans, 2007-2013 (% change
y-o-y) — 18 Table: Loan-Deposit Ratio,
2007-2013 — 19 Regional Outlook — 21
Central And Eastern Europe Banking Outlook — 21 Table:
Comparison Of Loan/Deposit, Loan/Asset & Loan/GDP Ratios,
2009 — 24 Table: Anticipated Developments In
2009 — 25 Table: Comparison Of Total Assets, Client Loans
And Client Deposits (US$bn) — 26 Table: Comparison Of Per
Capita Deposits, Late 2008 (US$) — 27 Table: Interbank
Rates And Bond Yields — 28 Commercial Bank Sector
Outlook — 29 Macroeconomic
Activity — 30 Is Turkey
Underrated? — 33 Emerging Europe: Sovereign Ratings And
Selected Macroeconomic Ratings Comparison — 33 Economic
Activity — 34 Turkey – Economic
Activity — 36 Investment Climate — 37
Turkish IMF SBA Negotiations: Key Quotes — 38 Balance Of
Payments — 39 Turkey – Balance Of
Payments — 41 Exchange Rate
Policy — 42 Monetary Policy — 44
Turkey – Monetary Policy — 45 Regional Outlook:
Economic Activity — 46 Table: Emerging Europe Growth
Forecasts — 48 Regional Outlook: Banking
Sector — 49 Islamic Banking – Not Escaping The
Crisis — 52 Market Structure — 60
Protagonists — 60 Table: Protagonists In Turkey’s
Commercial Banking Sector — 60 Definition Of The
Commercial Banking Universe — 61 List Of
Banks — 61 Table: Major Deposit
Bank — 61 Table: Foreign Bank
Branches — 62 Company Profiles — 63 TC
Ziraat Bankasi — 63 Table: Key Statistics For TC Ziraat
Bankasi (TRYmn) — 64 Halkbank — 65
Table: Key Statistics For Halkbank, 2006-2008 (TRYmn) — 66
VakifBank — 67 Table: Key Statistics For VakifBank,
2003-2008 (TRYmn) — 67 Akbank — 68
Table: Key Statistics For Akbank, 2004-2008 (TRYmn) — 69
ABank — 70 Table: Key Statistics For ABank, 2004-2008
(TRYmn) — 71 Anadolubank — 72
Şekerbank — 73 Table: Key Statistics For Sekerbank,
2004-2008 (TRYmn) — 74 Turkish
Bank — 75 Tekstilbank — 76 Table: Key
Statistics For Tekstilbank, 2003-Q308 (TRYmn) — 77
Türkiye Is Bankasi — 78 Table: Key Statistics For
Türkiye Is Bankasi (TRYmn) — 79 Garanti
Bankasi — 80 Table: Key Statistics For Garanti Bankasi
(TRYmn) — 81 Yapi Kredi Bankasi — 82
Table: Key Statistics For Yapi Kredi Bankasi (TRYbn) — 83
Methodology — 84 Basis Of
Projections — 85 Commercial Bank Business Environment
Rating — 85 Table: Commercial Banking Business Environment
Indicators And Rationale — 86 Table: Weighting Of
Indicators — 87
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