CarthagoTurkish banking data
ING TürkiyeStandardized per-bank financials from quarterly BRSA reports
16th of 23. One of the field's thinnest buffers — 3.2pp over the 12% target ratio.
Cleaner than the median — 1.32pp below it. The worst book in the field runs 6.7%.
| Metric | Q4 2025 | Q1 2026 | Δ |
|---|---|---|---|
| Capital adequacywhile assets grew 1.1% q/q | 19.1% | 15.2% | −3.82pp |
| Loan–deposit spread | 53.71% | 51.27% | −2.44pp |
| NPL ratio | 1.41% | 1.34% | −0.06pp |
| ROE (TTM) | 8.0% | 8.4% | +0.4pp |
Funded by depositors, not markets. Deposits cover 70% of the balance sheet.
| Loan / deposit — TL+FC | 72% | self-funded · audited, quarterly |
| Assets per branch | ₺4.7bn | 54 branches |
| Assets per employee | ₺120mn |
Balance sheet · income statement · cash flow — as filed, y/y, real (CPI-deflated) or common-size against the sector. Plus the shape: composition, the profit waterfall and the interest flow.
3 statements · 4 lensesFX net open position and the ≤1y repricing gap from the §4 footnotes, with the audited capital stack and its buffer over the 12% minimum.
§4 footnotesShareholders ≥5% and the §7 subsidiary grid, from the KAP Genel Bilgi Formu — re-scraped weekly.
KAPPress coverage tagged to this bank, quarterly results decks and recent KAP disclosures.
1 items20th of 21 — 16.1pp under the median and 17.9pp under inflation.
12th of 21. 0.90pp under the median margin.
19th of 21 — bottom quartile, 26.8pp worse than the median.
Capital step-down. CAR fell 3.8pp in a quarter to 15.2% — a 3.2pp buffer over the 12% target ratio, 29th of 37, while the balance sheet grew 1.1% q/q.Δcar_qoq < −1pp AND buffer < 8pp
Real returns. ROE 8.4% against 32.1% 12-month-average CPI: equity compounds a 23.7pp real loss.roe − cpi_12m_avg < 0
Liquidity clear. LCR 254% and TL+FC loan/deposit 72% — funding is not a constraint this quarter.lcr < 120 OR ldr > 100 → would fire; neither did
Chart data: 13 rows, Date from 2023-01-01 to 2026-01-01. Loan yield: 13.94 at the start, 27.34 at the end, ranging 13.94 to 30.93. Deposit cost: -8.05 at the start, -23.92 at the end, ranging -28.07 to -8.05. The full data follows as a table.
| Date | Loan yield | Deposit cost |
|---|---|---|
| 2023-01-01 | 13.93777285033713 | -8.049172506269953 |
| 2023-04-01 | 14.27884898913902 | -9.329744902457588 |
| 2023-07-01 | 15.552583238508225 | -11.791083637019366 |
| 2023-10-01 | 18.266966947328868 | -15.878537240772895 |
| 2024-01-01 | 22.28508061894165 | -19.059685254962353 |
| 2024-04-01 | 26.826676476191675 | -22.0376163761443 |
| 2024-07-01 | 29.84057028614231 | -24.71597610049119 |
| 2024-10-01 | 30.91733740205143 | -27.162441067340303 |
| 2025-01-01 | 30.927902252837608 | -27.875195011357906 |
| 2025-04-01 | 30.0421524318281 | -28.07180624905567 |
| 2025-07-01 | 29.127145233689077 | -26.66142869518656 |
| 2025-10-01 | 28.18496612035194 | -25.522404051910208 |
| 2026-01-01 | 27.34329830601576 | -23.923517518962694 |
| 2,099 staff |
| Leverage | 10.1× | assets ÷ equity |
| Stage 1 — performing | ₺110bn | 86.4% · 0.3% cover |
| Stage 2 — watchlist | ₺15.6bn | 12.3% · 2.0% cover |
| Stage 3 — NPL | ₺1.7bn | 1.3% · 71.1% cover |
Chart data: 13 rows, Date from 2023-01-01 to 2026-01-01. Assets: 0.71 at the start, 0.52 at the end, ranging 0.52 to 0.74. Loans: 0.74 at the start, 0.48 at the end, ranging 0.47 to 0.74. Deposits: 0.77 at the start, 0.61 at the end, ranging 0.59 to 0.77. The full data follows as a table.
| Date | Assets | Loans | Deposits |
|---|---|---|---|
| 2023-01-01 | 0.7066674785942234 | 0.743542500014698 | 0.7655976945893831 |
| 2023-04-01 | 0.7398548462723945 | 0.6818118256541817 | 0.7639291780642866 |
| 2023-07-01 | 0.7020621051492564 | 0.6300800289857607 | 0.7450474368516401 |
| 2023-10-01 | 0.6106594121874581 | 0.6206557716059937 | 0.6393058601741901 |
| 2024-01-01 | 0.5618853684082252 | 0.5498950687168673 | 0.5922746973635062 |
| 2024-04-01 | 0.5383540488160201 | 0.47932706370139144 | 0.6006701759785156 |
| 2024-07-01 | 0.5645462225994632 | 0.4694233967575257 | 0.6539033367035824 |
| 2024-10-01 | 0.5632601636974077 | 0.493245510515084 | 0.6547932838141256 |
| 2025-01-01 | 0.581857436701956 | 0.5046536210207381 | 0.6981707135640917 |
| 2025-04-01 | 0.5281405546485718 | 0.5045022156804958 | 0.6162329913166863 |
| 2025-07-01 | 0.5596180631262407 | 0.4932969556970092 | 0.6688935304413016 |
| 2025-10-01 | 0.5478178146903998 | 0.4731401163850345 | 0.6405533481469552 |
| 2026-01-01 | 0.5239626246539935 | 0.48108508523386523 | 0.6054281080328074 |