PASHA BANK ENG 20

PASHA Yatırım Bankası A.Ş. Notes to Unconsolidated Financial Statements at 31 December 2020 (Amounts are expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.) (Convenience Translation of Publicly Announced Financial Statements Originally Issued in Turkish, See Note I of Section Three) INFORMATION RELATED TO UNCONSOLIDATED FINANCIAL POSITION AND RISK MANAGEMENT(Continued) s. Movements in value adjustments and provisions Current Period Opening Balance Provision for Period Provision Reversals Other Adjustments Closing Balance Specific provisions (Stage 3) 22,279 - (2,448) - 19,831 General provisions (Stage 1&2) 34,015 4,520 (4,083) - 34,452 Prior Period Opening Balance Provision for Period Provision Reversals Other Adjustments Closing Balance Specific provisions (Stage 3) 6,033 19,630 (3,370) (14) 22,279 General provisions (Stage 1&2) 16,485 19,360 (1,830) - 34,015 t. Risk involved in counter-cyclical capital buffer calculation The breakdown of private sector receivables by geographic area which considered in the calculation of counter-cyclical capital buffer in accordance with ‘Capital Conservation and Countercyclical Capital buffers’ published in official gazette dated 5 November 2013 and numbered 28812 and the sub-regulations are provided in the table below: Current Period Country Banking book for private sector lending RWAs of trading book Total Turkey 1,649,842 - 1,649,842 Montenegro 277,974 - 277,974 Ireland 111,902 - 111,902 Azerbaijan 23,377 - 23,377 Others 40,514 - 40,514 Total 2,103,609 - 2,103,609 Prior Period Country Banking book for private sector lending RWAs of trading book Total Turkey 1,260,967 - 1,260,967 Montenegro 202,650 - 202,650 Ireland 89,762 - 89,762 Azerbaijan 34,240 - 34,240 Others 1,396 - 1,396 Total 1,589,015 - 1,589,015 Annual Report 2020 PASHA Bank Year-End Financial Report 151