Alternatif Bank has announced its financial results for the first quarter of 2023. With its prudent and advisory banking approach, the bank continued to maintain stable performance. According to consolidated figures, the bank's total assets were 53 billion TL, and the support it provided to the economy through cash and non-cash loans amounted to 51 billion TL. As of the end of the first quarter of the year, Alternatif Bank's consolidated net profit was realized as 313 million TL.

According to the consolidated figures for the first quarter of 2023, Alternative Bank's total asset size reached 53 billion TL. The bank provided 51 billion TL in support to the country's economy through cash (including financial leasing receivables) and non-cash loans during this period. With a balance sheet optimization approach, Alternative Bank maintained its asset quality, bringing its deposit volume to the level of 24 billion TL. The bank's equity increased by 13% to 4.6 billion TL, while its capital adequacy ratio was 21.8% during this period. With its stable performance in the first quarter of 2023, Alternative Bank realized a consolidated net profit of 313 million TL.

"Our priority has been solidarity as we leave behind one of the most difficult and painful periods in our country's history."

In evaluating the first quarter of 2023, Kaan Gür, the CEO of Alternatif Bank, stated that "During the first quarter of 2023, when macroeconomic uncertainties continue to exist globally, we were shaken by the biggest earthquake disaster in our country's history. In this extraordinary period, while continuing to fulfill our responsibilities towards our customers, the industry, and the country's economy with a business continuity perspective, our focus was on aid for the citizens affected by the disaster. In this direction, we made intensive efforts in solidarity with our stakeholders in the region, including our employees and customers, in collaboration with government institutions to provide support. The in-kind and cash aid we provided in the short term exceeded 40 million TL. We will continue to contribute with all our strength to the efforts to heal the wounds and rebuild the region. In this period when the negative effects of the earthquake were felt on our economy, we once again experienced the importance of our principles of 'Insight, Advisor and Responsible Banking.' With the power we derive from these our principles, we left the first quarter of the year behind in line with our goals. We will continue to work with hope and solidarity, using all our strength to heal the wounds without forgetting the great losses we have experienced. 

"Our human-centered approach in digital banking makes a difference."

Kaan Gür, emphasizing Alternatif Bank's approach to digitalization, said: "We have always seen digitalization as a complement to the total value proposition we offer to our customers. With this understanding, we continue our efforts to develop a digital banking experience that blends technology with human touch in the best way possible. Integrating GastroClub membership and services offered by our subsidiary, Alternatif Yatırım, into our mobile banking application, as well as improvements such as conducting transactions with QR codes, are valuable examples of our efforts. We clearly observe the reflection of these steps we have taken in terms of customer acquisition. In the first three months of the year, 77% of our new customers came from digital channels. We will continue to add value to our customers' lives with our digital banking approach in the upcoming period."

"We offer innovative services for financing foreign trade."

As Alternatif Bank, foreign trade is one of our strongest areas and we continue to support our customers with both our financing tools and expertise with our vision of 'Advisor Banking'. In this context, we were one of the leading banks to introduce the SWAP Agreement-based Rediscount Credit product implemented by the Central Bank in our country. With our new product that allows countries to trade with their local currency in countries such as Qatar, China, South Korea, and the United Arab Emirates where the CBRT has signed SWAP agreements, we provide our customers with a more advantageous financing opportunity and create ease for companies engaged in foreign trade with its simple structure in terms of operation and commitments. We will continue to add value to our companies with our innovative and pioneering solutions in financing foreign trade.

"Alternatif Bank sets an example for its industry with its efforts in Accessible Banking."

Kaan Gür, who also shared his views on Alternatif Bank's efforts in the field of Accessible Banking, concluded his statement as follows: "As Alternatif Bank, we have been carrying out our Accessible Banking efforts with increasing momentum for the past 4 years. One of our most innovative projects in this context was the Accessible Banking Terms Glossary Project. Today, a significant portion of society, especially hearing-impaired individuals, face difficulties in understanding banking terminology. This is due not only to low financial literacy but also to the fact that many banking terms do not have an exact equivalent in Turkish sign language or have not yet been translated. With our work to solve this problem, I believe we have taken an important step towards financial inclusion. By continuing our efforts in the areas of accessibility, awareness, and employment, we will continue to lead the mindset change in our industry regarding Accessible Banking."