Turkey Banking Sector Analysis

Publication Date	February 2008
Publisher	RNCOS
Product Type	Report
Pages	80
ISBN Number	not applicable
Product Code	RCS00347

Price

£625.00
approximately: $1,104 | €793

PDF

PRINT £735 ($1,298 | €932)

CD-ROM £735 ($1,298 | €932)

Order above formats by FAX

Summary

The report provides extensive research and rational analysis on the Turkish banking industry. This report has been made to help clients in analyzing the opportunities, challenges and drivers critical to the growth of banking industry in Turkey. It gives a brief account of the Political, Economic, Social and Technological environment of the country with respect to its banking industry to better evaluate the forces influencing the industry. Coupled with this, the analytical report details various parameters like assets size, income level etc. of the banking industry to give a rational overview on its future direction.

The forecast given in this report is not based on a complex economic model, but is intended as a rough guide to the direction in which the market is likely to move. The future projection undertaken in this report is done on the basis of the current market scenario, past trends.

Key Findings of the Report

Although debit cards are more in number than credit cards in card ownership but in terms of transactions, credit cards are e used more than debit cards.
The number of bankable households in Turkey is anticipated to grow at a CAGR of 7.09% during 2007-2012.
Consumer loans increased by 43.67% in the second quarter of 2007 from the first quarter of 2007.
Credit card market is anticipated to move up at a CAGR of 15% to cross 70 Million cards by 2012 from 2008.
Total banking assets swelled at a CAGR of 27.7% from 2002 to 2006.
Deposit banks accounted for more than 95% of banking assets as of June 2007.
Banking assets in Turkey are expected to surge at a CAGR of 29.70% during 2008-2012.
Mortgage industry is projected to cross US$ 50 Billion by 2011 growing at a CAGR of 20.12% from 2008.

Key Issues & Facts Analyzed in the Report

Market analysis of different product segments in the Turkish banking industry.
Evaluation of current market trends.
Assets, deposits, and loan concentration by bank group.
Factors driving growth of Turkey's banking industry.
Analysis of various challenges and opportunities for the industry.
Scenario of credit and debit card industry by service providers.
Analysis of Internet banking by financial and investment transaction both in value and volume terms.
Evaluation of consumer loan industry ((like home loans and vehicle loans) with segments.
Number of ATMs and Points of Sale (POS) in the Turkish banking industry.

Key Players Analyzed

This section covers key facts along with their financial information of major players, including Garanti Bank,Yapi Kredi, Akbank, Is Bankasi, and Turkiye Vakiflar Bankasi T.A.O, operating in the Turkish banking industry.

Research Methodology Used

Information Sources

Information has been sourced from books, newspapers, trade journals, and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to more than 3000 paid databases.

Analysis Method

The analysis methods include ratio analysis, historical trend analysis, linear regression analysis using software tools, judgmental forecasting, and cause and effect analysis.

Content

1. Analyst View
2. Global Banking Industry
- 2.1 Overview
- 2.2 Segmentation - By Region
- 2.3 Top Performing Banks
3. Middle East Banking Industry
- 3.1 Overview
- 3.2 Segmentation - By Country
4. Why to Focus on Turkish Banking Industry?
- 4.1 Growing Bankable Population
- 4.2 Young & Educated Population
- 4.3 Booming Housing Loan Industry
- 4.4 Strong Regulatory Environment & Association Framework
- 4.5 EU Accession & Foreign Investment
- 4.6 Slashing Interest Rates
- 4.7 Declining NPL/Gross Loan Ratio
5. Turkey Banking - PEST Analysis
- 5.1 Political Environment
- 5.2 Economic Policies
- 5.3 Social & Demographic Behavior
- 5.4 Technology Infrastructural Support
6. Performance Indicators of Banking Industry
- 6.1 Assets
- 6.2 Deposits
- 6.3 Net Income
- 6.4 Loans
- 6.5 Non Performing Loans (NPL)
- 6.6 Capital Adequacy Ratio (CAR)
7. Product Landscape of Banking Industry
- 7.1 Consumer Loan
- 7.2 Mortgage Industry
- 7.3 Internet Banking
  - 7.3.1 Financial Transactions
  - 7.3.2 Investment Transactions
- 7.4 Financial Card
  - 7.4.1 Credit Card
  - 7.4.2 Debit Card
- 7.5 ATM & POS
8. Mergers & Acquisitions
9. Future Growth Areas
- 9.1 Mortgage Industry
- 9.2 Support Services (Call Centers)
- 9.3 Housing Finance
- 9.4 M-Banking
- 9.5 Increasing Bankable Households
- 9.6 Bancassurance
- 9.7 Private Banking
10. Roadblocks & RNCOS Recommendations
- 10.1 Volatile Economy
- 10.2 Maturity Mismatch
- 10.3 Basel II Accords
- 10.4 Increasing Loan Default
11. Key Players
- 11.1 Garanti Bank
- 11.2 Yapi Kredi
- 11.3 Akbank
- 11.4 Is Bankasi
- 11.5 Turkiye Vakiflar Bankasi T.A.O.
List of Figures:
- Figure 2-1: Global - Banking Industry Assets (in Trillion US$), 2002-2007E
- Figure 2-2: Global - Forecast for Banking Industry Assets (in Trillion US$), 2008-2011
- Figure 2-3: Global - Banking Industry Deposits (in Billion US$), 2002-2006
- Figure 3-1: Middle East - Banking Industry Assets (in Billion US$), 2003-2007E
- Figure 3-2: Middle East - Forecast for Banking Industry Assets (in Billion US$), 2008-2011
- Figure 4-1: Turkey - Number of Bankable Households (in Million), 2001-2006E
- Figure 4-2: Turkey - Housing Loan Industry (in Million US$), 2000 to March 2006
- Figure 4-3: Turkey - Interest Rates of Housing, Vehicle & Other Consumer Loans (%), Dec 2002 to Mar 2007
- Figure 4-4: Turkey - NPL/Gross Loan Ratio (%), 2002-2006 & Apr 2007
- Figure 5-1: Turkey - GDP Growth Rate (%), 2002-2006
- Figure 5-2: Turkey - Number of Internet Subscribers (in Million), 2001-2010F
- Figure 5-3: Turkey - Internet Penetration (per 100 People), 2001-2010F
- Figure 6-1: Turkey - Banking Industry Assets (in Billion US$), 2002-2006 & June 2007
- Figure 6-2: Turkey - Banking Industry Assets by Bank Group (%), June 2007
- Figure 6-3: Turkey - Banking Industry Assets by Bank Group (%), 2006
- Figure 6-4: Turkey - Assets of Deposit Banks by Group (%), June 2007
- Figure 6-5: Turkey - Forecast for Banking Industry Assets (in Billion US$), 2008-2012
- Figure 6-6: Turkey - Banking Industry Deposits (in Billion US$), 2002-2006 & June 2007
- Figure 6-7: Turkey - Banking Industry Deposits by Bank Group (%), June 2007
- Figure 6-8: Turkey - Banking Industry Deposits by Bank Group (%), 2006
- Figure 6-9: Turkey - Forecast for Banking Industry Deposits (in Billion US$), 2008-2012
- Figure 6-10: Turkey - Banking Industry Net Income (in Million US$), 2003-2006 & June 2007
- Figure 6-11: Turkey - Banking Industry Loans (in Billion US$), 2002-2006 & June 2007
- Figure 6-12: Turkey - Loans Distribution by Size (%), 2004-2006
- Figure 6-13: Turkey - Loans Distribution by Region (%), 2006
- Figure 6-14: Turkey - Banking Industry Loans by Bank Group (%), June 2007
- Figure 6-15: Turkey - Loans of Deposit Banks by Group (%), June 2007
- Figure 6-16: Turkey - Forecast for Banking Industry Loans (in Billion US$), 2008-2012
- Figure 6-17: Turkey - Banking Industry Net NPL (in Million TRY), 2002-2006
- Figure 6-18: Turkey - Capital Adequacy Ratio (%), 2001-2006
- Figure 7-1: Turkey - Consumer Loans Extended (in Billion TRY), Sep 2006, Dec 2006, Mar 2007 & June 2007
- Figure 7-2: Turkey - Automobile Loans Extended (in Million TRY), Sep 2006, Dec 2006, Mar 2007 & June 2007
- Figure 7-3: Turkey - Housing Loans Extended (in Million TRY), Sep 2006, Dec 2006, Mar 2007 & June 2007
- Figure 7-4: Turkey - General Purpose & Other Loans Extended (in Million TRY), Sep 2006, Dec 2006, Mar 2007 & June 2007
- Figure 7-5: Turkey - Mortgage Industry (in Million US$), 2003-2005 & Sep 2006
- Figure 7-6: Turkey - Number of Credit Cards in Circulation (in Million), 2000-2006 & Nov 2007
- Figure 7-7: Turkey - Forecast for Number of Credit Cards in Circulation (in Million), 2008-2012
- Figure 7-8: Turkey - Number of Debit Cards in Circulation (in Million), 2000-2006 & Nov 2007
- Figure 7-9: Turkey - Forecast for Number of Debit Cards in Circulation (in Million), 2008-2012
- Figure 7-10: Turkey - Number of ATMs (2000-2006 & Aug 2007)
- Figure 7-11: Turkey - Number of POS (2000-2006 & Aug 2007)
- Figure 7-12: Turkey - Number (in Million) & Value (in Million TRY) of POS Debit Card Transactions (2000-2006)
- Figure 9-1: Turkey - Forecast for Mortgage Industry (in Billion US$), 2008-2011
- Figure 9-2: Turkey - Number of Mobile Subscribers (in Million), 2007-2011F
- Figure 9-3: Turkey - Forecast for Number of Bankable Households (in Million), 2008-2012
- Figure 9-4: Turkey - Forecast for Number of Households Earning more than US$ 25,000 (in Million), 2008-2012
- Figure 10-1: Turkey - Consumer Loans under Legal Follow-up (in '000 TRY), June 2006 to June 2007
List of Tables:
- Table 2-1: Global - Banking Industry Loans by Region (in Trillion US$), 2002-2006
- Table 2-2: Global - Top Performing Banks by Capital Base, Assets & Capitalization (June 2007)
- Table 3-1: Middle East - Comparison of Conventional & Islamic Banks
- Table 3-2: Middle East - Banking Industry Assets by Country (in Billion US$), 2006E
- Table 6-1: Turkey - Top 10 Banks by Assets (in Million US$), June 2007
- Table 6-2: Turkey - Top 10 Banks by Deposits (in Million US$), June 2007
- Table 6-3: Turkey - Corporate Gross Loans by Top Sector (%), 2004-2006
- Table 6-4: Turkey - NPL Ratio of Sectors (%), 2002-2006
- Table 7-1: Turkey - Number of Customers Using Internet Banking Services (June 2006, Mar 2007 & June 2007)
- Table 7-2: Turkey - Number (in '000) & Volume (in Million TRY) of Financial Transactions (Mar 2007 & June 2007)
- Table 7-3: Turkey - Number (in '000) & Volume (in Million TRY) of Investment Transactions (Mar 2007 & June 2007)
- Table 7-4: Turkey - Number of Credit Cards in Circulation by Service Provider (2000-2006)
- Table 7-5: Turkey - Number of Debit Cards in Circulation by Service Provider (2000-2006)
- Table 8-1: Turkey - Banking Industry Mergers & Acquisition (in Million US$), Jan 2006 to July 2007
- Table 10-1: Turkey - Consumer Loans by Purpose under Legal Follow-up (in '000 TRY), June 2006 to June 2007
- Table 11-1: Garanti Bank - Key Financials (in Million TRY), 2005 & 2006
- Table 11-2: Yapi Kredi - Key Financials (in Billion TRY), H1 2007
- Table 11-3: Akbank - Key Financials (in Billion TRY), H1 2007
- Table 11-4: Is Bankasi - Key Financials (in Billion TRY), H1 2007
- Table 11-5: Turkiye Vakiflar Bankasi T.A.O. - Key Financials (in Million TRY), H1 2007