To whom was TL 41.4 billion passed to Halkbank?


CHP Istanbul deputy Özgür Karabat, who spoke about the coup at Vakıfbank last week, revealed how loans are distributed in Halkbank in a statement he released on his Twitter account today.

“We continue to reveal how the AKP looted public assets,” said Karabat, adding, “Loans that carry risk and have difficulty repaying are considered to be loans under close monitoring (YIK). According to reports from the Court of Auditors, the size of Halkbank’s YIKs in 2020 increased by 48.4% in one year, reaching 41.4 billion Turkish Lira. The emphasis is on risky lending, “he said.

Karabat shares as follows:

The gross total of non-performing loans at Halkbank is 16.9 billion Turkish Liras, of which approximately 20 percent, 3 billion and 297 million Turkish Lira, are unsecured loans. The grocery store is also more careful when lending, but it seems that Halkbank’s management is pouring capital into certain people.

The reason for the loss of so much in public banks is that bank managements make decisions under the leadership of the AKP. However, neither the partisans nor the bureaucrats assigned there can shirk their responsibilities here. He will be held accountable in court.


State-owned enterprises have been brought into such a state by the AKP that capital flows from these supporters and the loss of institutions are seen as normal. The situation at Halkbank is the same.

Remember Turk Telekom. Halkbank also made a loan for the company which was sold to the Hariri family. When these loans went unpaid, the shares of Türk Telekom were repurchased. The loss of Halkbank is hidden here.

In Halkbank, the share of the top 200 riskiest loans in 2020 in total loan credits is around 28%. This is an unacceptable rate for banking. However, the AKP Halkbank administration considers this to be normal.

The share of the top 200 non-monetary loan customers in the total non-monetary loan is approximately 50%. It is understood that the sensitivity to protect and guarantee the bank’s interests was not manifested at the time of the issue of these loans.

It is obvious that Halkbank, whose main purpose is to support small traders and SMEs, has deviated from its main purpose by supporting large companies. The asset transferred to only 3 companies under YİK is TL 6.1 billion. According to what criteria did Halkbank give them?

The resources transferred to 200 companies to which Halkbank has granted risky loans exceeds TL 27 billion. These loans correspond to 76 percent of the total risk. All these companies are hiding.

An electrical construction company, which has been granted a loan of $ 260 million, does not pay its debt and the debt is restructured in 7 installments with a 2-year grace period. This company constantly receives concessions.

In the decision of the bank’s board of directors of 09.28.2011, the risk in another company was highlighted. However, Halkbank’s subsequent management assigned this company a cash limit of $ 450 million and a non-monetary limit of $ 40 million. The debt was then structured again.


Another example. In 2018, by decision of the board of directors, a ceiling of TL 400 million and then TL 500 million was defined for a company operating in the tourism and hotel management sector. As of 10.15.2020, there are a total of 601 million subsequent TL credits.

By resolution of the board of directors of 29.04.2020 it was restructured with a maturity of 15 years, with 5 years of capital and interest payments. Furthermore, the loan received in Euros is structured on the basis of TL. Also canceled the debt of 122 million Turkish lira.

Structuring the debt, structuring the debt in Euro in terms of TL, extending it long-term and canceling one fifth of the debt, although no collection has been made up to this date, constitutes an offense under the Banking Law and the Turkish Criminal Code.


Another success. In the decision of the bank’s board of directors of 21.01.2020, a price of 6.7-7 million Turkish liras was determined for a property with a petrol station and LPG, which in 2009 was worth 10.3 million Turkish lira, despite the 11 years that have passed.

The aforementioned property was sold for 10.5 million TL in 2020. Why was it reduced to this price and to whom was it sold? I’m sure the management of Halkbank will enlighten us.

If a small merchant delays his debt, the state banks, which come upon him immediately, are officially prisoners of the AKP capital groups. This situation is unsustainable. We have to go back to the founding philosophy of Halkbank.

Halkbank was founded in 1933 to transfer funds to merchants, artisans and small business owners on favorable terms, and became operational in 1938.

The founding of Halkbank is Atatürk’s statement: “It is imperative to create an organization that gives small traders and large industrialists the loans they need simply and cheaply and that seeks to make the loan more affordable under normal conditions. “.

However, thanks to the AKP, Halkbank has gone beyond its basic purpose. It created a non-monetary risk of 114.5 billion lire. TL 100.8 billion of this amount are letters of guarantee.

Considering the commercial credit support of TL 274.9 billion in line with the bank’s establishment purpose, it is clear to what extent non-monetary risks have grown and are used outside the bank’s scope.

I would particularly like to emphasize this. We need to rescue state-owned enterprises from the hands of the AKP as soon as possible. Billions of lire of capital are transferred only by public banks. That’s why immediate selection is a must!


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