Corporate Management and Risk Management A&T Finansal Kiralama A.Ş. Annual Report 2024 44 45 RISK MANAGEMENT POLICY Market Risk It is essential that transactions realized in money and capital markets are managed in a “well-diversified” manner, taking into account the level of risk it creates, and in a way that does not create concentration in terms of instruments, maturity, currency, interest rate type and other similar parameters. Within the scope of diversification, maturity, currency, etc. Monitoring is performed in a way that does not create concentration in terms of parameters. When the contract is signed with the customers, description of goods, maturity, currency of invoice compliance with the payment schedule and other similar parameters are taken into consideration to minimize the market risk. Credit Risk The credit approach of A&T Finansal Kiralama A.Ş. is to work with the customers having high perfect repayment ability, strong financial data, giving importance to ethical values with a strong track record of payment. After reviewing the customers’ financial structures, A&T Finansal Kiralama A.Ş manages credit risk by continually assessing the creditworthiness of customer. Following the collection of financial documents of the companies, the adequacy of the collateral to cover credit risk, the second-hand value subject to leased equipment is important for the assessment of the risk. Attention is paid to the monitoring of the performance of the customer’s payment as well. Liquidity Risk In order to ensure efficiency in liquidity management and maintain its sustainable status, it is essential to maximize diversification opportunities on the basis of fund sources, markets, instruments and maturities. While running the liquidity risk, a portfolio structure is created in line with the functions of making profit from the portfolio and market risk management, and the risk-return balance is constantly observed without compromising the liquidity requirements. Currency Risk The assets and liabilities in terms of foreign currency run the risk of foreign currency. The company carries a small foreign currency position risk due to its transactions as a result of its operations. The Company uses derivative financial instruments to manage foreign exchange risk when it is needed. Interest Rate Risk As the changes in market interest rates affect the prices of financial instruments, the company is exposed to interest rate risk. Because of the Central Bank’s monetary policy and the global financial crises, interest rate risk must be monitored. The Company gives importance to the compatibility of interest rates and maturity mismatch while utilizing and placing the loans. Company Portfolio The evaluation and analysis of credits are carried out by the credit department. Enquiry about the customers is important by means of asset quality. Credit claims are evaluated on the basis of customer need for the equipment, financial performance of the customer and the ability payback of the customer. During the period of those evaluations, the performance of the leasing sector and the overall economy is taken into consideration. When the assessment is complete, the amount of equipment, payment terms and guarantees come to the final decision and the decision-making process is performed as soon as possible. While preparing the credit portfolio, the cash flow, credit worthiness and debt structure of the customer is first examined. A&T Finansal Kiralama A.Ş. prefers the goods which have high second-hand value during the rental period to the customer. This process ensures that the company is active in different sectors and minimizes customer risk. The Risk Committee was established based on the decision of the Board of Directors dated 14.11.2023. In order to identify and prevent financial risks that the company may be exposed to. Tangible Fixed Assets Investments in the relevant year are TL 1.296.004.49. Intangible Fixed Assets Investments are TL 1,304,964.00. Real Estate Investment: None INFORMATION ON THE EARLY DETECTION AND MANAGEMENT OF RISK COMMITTEE AND REPORTING INVESTMENTS PROSPECTS FOR THE FUTURE SPECIAL ACTIVITIES OCCURRED AFTER THE END OF FISCAL YEAR The financial leasing sector has a rapidly growing and developing structure as of 2024. In particular, digitalisation, sustainable financing models and new strategies developed against economic fluctuations determine the future directions of the sector. In the post-2024 period, the financial leasing sector is expected to continue its growth and create new opportunities by being influenced by global trends. The financial leasing sector tends to offer faster and more customer-oriented services with the impact of digitalisation. Artificial intelligence-supported risk analyses, blockchain-based secure contracts and automated transaction processes will increase efficiency in the sector. Accelerating leasing processes through digital platforms will improve user experience and increase interest in the sector. The growth trend in the global financial leasing market has a positive impact on the Turkish sector. Demand for leasing models is expected to increase especially in the industrial, agricultural, healthcare and logistics sectors. In addition, international co-operation and the growing interest of foreign investors in the Turkish market will create new growth opportunities in the sector. Environmentally friendly financing models are gaining importance in line with global sustainability policies. Financing electric vehicles, supporting renewable energy projects through leasing and financing low carbon emission equipment will accelerate the green transformation in the sector. International regulations such as the European Union Green Deal will also increase interest in sustainable investments in the sector. New financing models offering flexible financial solutions for SMEs and large enterprises will increase diversity in the sector. In addition to traditional financial leasing services, new products such as short-term and flexible leasing options are expected to be developed. This will help businesses optimise capital utilisation and become more resilient to economic fluctuations. After 2024, the financial leasing sector will continue to grow with digitalisation, global trends, sustainability and new financing models. In line with developing technologies and changing customer demands, the sector is expected to adopt a more flexible, innovative and competitive structure. In this process, financial leasing companies are expected to increase their market shares and contribute to economic growth by focusing on new investment opportunities. There are no special activities occurred after the Fiscal year end which may affect the rights of shareholders, creditors and other related individuals and organizations.
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