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) Prior Period 0% 10% 20% 50% 75% 100% 150% 200% Others Total credit risk amount (after CRM and CCF) 1 Receivables from Central Governments or Central Banks 132,344 - - - - 29,917 - - - 162,261 2 Receivables from Regional Management or Local Governments - - - - - - - - - - 3 Receivables from Administrative Units or Non-commercial Ventures - - - - - - - - - - 4 Receivables from Multilateral Development Banks - - - - - - - - - - 5 Receivables from International Organizations - - - - - - - - - - 6 Receivables from Banks and Brokerage Corporation 147,045 - - 61,517 - 143,259 - - - 351,821 7 Corporate receivables - - 44,953 157,370 - 979,114 - - - 1,181,437 8 Retail receivables - - - - - - - - - - 9 Collateralized by real estate mortgages receivables - - - - - - - - - - 10 Collateralized by trading mortgages receivables - - - 32,514 - - - - - 32,514 11 Non-performing receivables - - - - - 1,351 - - - 1,351 12 Receivables defined in high risk category by BRSA - - - - - - - - - - 13 Securities collateralized by mortgages - - - - - - - - - - 14 Short-term receivables and corporate receivables from Banks and Brokerage Corp. - - 130 3,203 - 38,508 125 - - 41,966 15 Investments in nature of Collective Investment funds - - - - - - - - - - 16 Equity security investments - - - - - - - - - - 17 Other receivables 15,628 - - - - 247,958 - - - 263,586 Total 295,017 - 45,083 254,604 - 1,440,107 125 - - 2,034,936 e. Issues related to counterparty credit risk (CCR) The CCR strategy is determined by counterparty type and product categories. Counterparties are categorized as central counterparties, banks, corporate and commercial companies. The products are grouped as foreign exchange transactions (forward, futures, swap), interest swap transactions (interest swap, cross currency swap and futures and repo transactions. The creditworthiness of the counterparty is analyzed prior to the transactions leading to the CCR and subsequently the creditworthiness of the counter parties is reviewed at regular intervals. The frequency of inspections is increased when necessary. The scope and level of information providing the opportunity to assess the creditworthiness of the counterparty shall be differentiated depending on the volume of the transaction to be realized, the level of the CCR and / or the counterparty. Annual Report 2020 PASHA Bank Year-End Financial Report 179