Türkiye Sinai Kalkinma Bankasi (TSKB) investor relations material

Executive summary

• 9M26 FX-adjusted loan growth was 8.1%, supported by USD 1.8bn of long-term disbursements; total funding secured exceeded USD 1.8bn.

• 9M26 net profit was TL 8,614mn vs TL 9,366mn; assets reached TL 409,707mn and loans TL 288,029mn at 30 Sep 2026.

Financial highlights

• 9M26 interest income was TL 33,808mn vs TL 27,187mn; interest expenses were TL 19,399mn vs TL 14,546mn, leaving net interest income of TL 14,409mn vs TL 12,641mn.

• 9M26 banking income was TL 13.467bn, down 7%; net banking income was TL 9.965bn, down 17%.

• 9M26 net fees and commissions rose 74% to TL 525mn; OPEX rose 44% to TL 3.502bn.

• Q3 net profit was TL 2,701mn vs TL 2,843mn; excluding subsidiary valuation seasonality, net profit rose 3% QoQ to TL 1.927bn.

• 3Q26 NII was TL 3.688bn, up 0.5% QoQ; provisions fell 25% to TL 639mn.

Outlook and guidance

• YE26 FX-adjusted loan growth guidance is low teens; 9M26 growth of 8.1% was on track.

• YE26 NIM guidance is ~4.5% vs 9M26 at 4.3%; ROE guidance is ~25% vs 22.3% at 9M26; both were on track.

• YE26 fee growth guidance is >50% and OPEX growth is guided above average CPI; both were on track, with 9M26 fee growth at 74% and OPEX growth at 44%.

• YE26 CAR and Tier I guidance are ~19.0% and ~18.0%; NPL ratio guidance is ~2.5% and net CoR excluding currency impact ~50bps; all were on track.