Türkiye Halk Bankasi (HALKB) investor relations material

Executive summary

• Achieved strong financial performance in Q2 2026, with total assets reaching up to TRY 4.98 trillion and robust loan growth across retail, SME, and commercial segments.

• Net income increased significantly, with reported growth rates of 75%, 65%, and 34.8% year-over-year, and net profit reaching TRY 18.6 billion.

• Favorable resolution of a U.S. legal case removed a major uncertainty, enhancing international funding access and reducing borrowing costs.

• Maintained a resilient balance sheet and strong focus on SME and entrepreneur financing, with SME loans comprising up to 54.2% of commercial loans.

• Turkish economy achieved a soft landing and disinflation trend, supporting asset quality despite macroeconomic challenges.

Financial highlights

• Total assets grew between 10.7% and 29.4% year-over-year, reaching up to TRY 4.98 trillion.

• Net loans increased up to 42% year-over-year, with deposits rising up to 23% and net income up to TRY 18.6 billion.

• Net interest income rose as much as 31.1% year-over-year, with net fees and commissions up to 88.9%.

• OPEX rose up to 50.3% year-over-year, mainly due to cyclical wage increases.

• Shareholders’ equity increased to TRY 248.4 billion.

Outlook and guidance

• Management expects continued balanced growth, leveraging strong capital and liquidity positions.

• Disinflation and easing macroprudential measures are expected to support sector growth and margin recovery.

• Enhanced international credibility and funding access following legal resolution in the U.S.

• Capital Markets Day planned in 3-4 weeks to provide updated business plan and guidance.

• Ongoing focus on supporting SMEs, entrepreneurs, and women/youth initiatives.