İŞ LEASING PRESERVES A HEALTHY PORTFOLIO COMPOSITION IN TERMS OF PROFITABILITY AND DISTRIBUTION OF RISK, AND EXTENDS FINANCING SUPPORT OF ANY SCALE TO INVESTMENTS IN DIVERSE INDUSTRIES.

2017 has been a year of growth for the global economy; nonetheless, it went down in the history as a year of constant and widespread political tensions and geopolitical risks. While Turkey struggled with the problems in her own geography in addition to global fluctuations, 2017 transaction volume of the leasing sector, which was significantly affected by the weak investment climate in our country, was parallel to that of the previous year and registered as USD 6.2 billion.

Adopting a disciplined growth strategy, our Company continued to adhere to a selective lending policy by effectively and steadily managing the profit margin pressure that increased in conjunction with competition, and secured increased transaction volume while uncompromising the principle of creating a broad-based and high quality portfolio. Registering a transaction volume worth USD 600.5 billion in 2017, our Company attained 7% rise in the number of customers and 8% in the number of transactions.

Leasing receivables of İş Leasing grew by 17.5% to reach TL 4.7 billion, while consolidated total assets rose by 24.1% to TL 9.3 billion.

Having booked a net profit of TL 112.9 million in 2017, up 9% yoy, İş Leasing attained an RoA of 1.3% and an RoE of 12.5%.

İş Leasing has taken place among the companies that achieved the highest transaction volume in disbursing KGF-originated loans.

Boasting solid shareholders’ equity, İş Leasing makes its financial strength available to its customers, which it draws from its prestige in national and international markets, high credibility, and ability to tap funding resources.

İş Leasing preserves a healthy portfolio composition in terms of profitability and distribution of risk, and extends financing support of any scale to investments in diverse industries. Dominating the fields of heavy duty and construction machinery, manufacturing machinery and equipment, and real estate in which it is mainly active, our Company creates a significant business volume through productive collaborations developed with vendors.

In line with our Company’s strategy defined as “Sustainable, High Quality and Profitable Growth” to attain its vision and goals, the primary targets that determine our action plan for the period ahead are as follows:

Keep funding costs and operating expenses under control by maintaining a well-balanced funding composition; efficiently manage business processes; increase profitability and productivity,

Get increased share out of the transaction volume of the leasing industry.

Constantly developing and increasing its business volume ever since its incorporation, İş Leasing will continue to act as a powerful business partner and stand by every investor wishing to realize investment projects in a fast, accurate and productive manner, drawing on its knowledge, pioneering and innovative approach, ability to generate customized solutions, and its customer experience pledge.

I would like to respectfully thank our Board of Directors, employees, all our business partners and investors with whom we share our goals and build our achievements.

Mehmet Karakılıç
General Manager and Member of the Board of Directors