Dear Stakeholders,
We are navigating a period of global economic realignment, as countries reassess their trade and production policies.
In the emerging global order—marked by the restructuring of supply chains and the rise of regional partnerships as key drivers of competition—Türkiye stands out with its robust economic structure and strategic location. As the global system undergoes transformation, it is opening up new opportunities for high-potential economies such as ours. Türkiye continues to remain resilient in a fluctuating global landscape, thanks to our strong capacity for domestic demand-driven growth and our focus on trade with partner countries within a clear institutional framework. Our economic policy during this period emphasizes our firm stance against inflation, while improvements in the current account and financial stability contribute to a more predictable business environment.
Esteemed Stakeholders,
From day one, we have remained committed to supporting everyone across all stages of production, especially our tradespeople, artisans, and SMEs. Reflecting our strong banking infrastructure, our commercial loan volume reached 1.4 trillion Turkish lira in the first quarter of 2025. SME loans accounted for 55 percent of our commercial loan portfolio, and we maintained our industry leadership with a 15-percent market share in SME financing. Thanks to our inclusive support for all tradespeople, the number of loan recipients rose to 793,000, with the total value of tradespeople loans reaching 269 billion Turkish lira.
This year, we maintain our firm commitment to supporting women and youth entrepreneurship with unwavering dedication. Since 2021, we have extended 91 billion Turkish lira in financing to 250,000 women entrepreneurs. We maintain our leadership in this field by providing 40 percent of all financing extended to women entrepreneurs on our own. This year, we held the award ceremony for the fourth Productive Women Competition, honored by the esteemed presence of Emine Erdoğan. As part of the initiative, now recognized as our nation’s largest entrepreneurship support program, we continue to encourage women entrepreneurs by working tirelessly to expand access to funding and increase the availability of entrepreneurship training.
We have relaunched the “Productive Women’s Meeting” to deliver sustainable benefits to our national economy and help women entrepreneurs across the country realize their full potential. To support their success, we plan to meet with our women entrepreneurs across the country's seven regions.
This year, we are also continuing our innovative initiatives to support young entrepreneurs. The “Jet Luck 2” competition will once again provide young talents with a platform to present their ideas to business leaders. We are also reviving the HUBrica project, inspired by the enthusiasm it received last year, to welcome more innovative ideas into the entrepreneurship ecosystem. At the same time, we empower entrepreneurs across our country with our Entrepreneur Loan Packages, encouraging strong contributions to national production and employment. Since 2021, we have supported 199,000 entrepreneurs with a total of 31 billion Turkish lira in loans. We also provide financing support to new graduates through the First Step Loan and Young Business Loan.
Dear Stakeholders,
We continue our efforts to improve financial literacy with projects designed to engage all segments of our society. As part of our 87th anniversary celebrations, Halkbank Children’s Theater presents its first play, “Three Coin Banks,” which is set to tour the country, raising awareness about saving, spending, and sharing among children aged 6 to 12.
Following the declaration of 2025 as the “Year of Families,” we introduced our “Halkbank is My Family” initiative to support family members in all areas of life with packages tailored to meet a wide range of needs, from marriage and education to mortgage and pension planning.
Esteemed Stakeholders,
With 87 years behind us, Halkbank continues to embrace responsibility and fuel investment and production through financing policies that align with Türkiye’s sustainable development objectives. Drawing inspiration from our founding values, we forge ahead with the same resolve as a bank attuned to the evolving world while thinking beyond the needs of today. With our extensive heritage, strong financial infrastructure, and the trust we have earned from our people, we remain dedicated to supporting endeavors that fortify Türkiye’s economic growth.
In the first quarter of 2025, our Bank boosted its total assets to 3.2 trillion Turkish lira, marking a 33 percent year-on-year growth. During the same period, our Bank’s securities grew by 35 percent to 882 billion Turkish lira. Our cash loans rose by 16.5 percent from the first quarter of 2024 to 1.5 trillion Turkish lira. Meanwhile, our total loans increased by 20.5 percent, surpassing 2.4 trillion Turkish lira. Our deposits surged by 33 percent compared to the end of last year, exceeding 2.6 trillion Turkish lira, while shareholders’ equity reached 158 billion Turkish lira, reflecting a 19-percent growth.
Our Bank closed the first quarter of 2025 with a remarkable 81 percent increase in quarterly profits compared to the last quarter of 2024, totaling 7.1 billion Turkish lira. With over 27,000 employees and 1,215 service units, we remain dedicated to advancing our national economy.
By placing technology and people at our core, we continue to embrace our mission as an institution dedicated to driving economic transformation and enhancing social prosperity in our country. I express my sincere gratitude to our stakeholders for their contributions, and I am confident that our shared values will guide us toward a stronger future.
Osman Arslan
CEO
Türkiye Halk Bankası A.Ş.