2016-05-04-奥纬咨询-Turkish_Banking_Sector_Profitability_27页_943kb

土耳其银行业分析总结

Turkish banking sector ROE has been falling since 2010, expected to converge long-term to 17%. Key challenges include:

Existing Issues

• Revenue Margins: Halved from 2004-2015; lower than European levels.
• Operational Efficiency: Limited OPEX reduction despite asset growth.
• Risk Costs: Persistently high risk costs.
• Competition: Turkiye has highest bank competition among key European countries.

Future Outlook

• Medium/Long-Term Factors: Stabilising revenue margins at European levels, risk cost reduction with short-term upward pressure, operational cost decreases, and capital leverage improvements.

Recommendations

1. Revamp operating models & reevaluate risk-return trade-offs.
2. Optimize physical networks (branch closures/mergers).
3. Build digital capabilities & end-to-end processes.
4. Implement zero-based costing to reduce non-value-added activities.
5. Enhance customer data usage for risk assessment and credit decisions.
6. Improve pricing strategies using risk-based approaches.
7. Optimize capital consumption and RWA systems infrastructure.
8. Measure profitability granularly (per customer/channel/product).
9. Build analytical discipline in pricing.