Message from the President of the Executive Board

Dear Shareholders, Distinguished Business Partners and Employees,

Halkbank a.d. Beograd operates from 2015 on the territory of the Republic of Serbia and we should highlight that we are very proud of successful expansion of our branch network and customer base.

In February 2018, the capital increase of EUR 20 million was made, so Türkiye Halk Bankasi A.Ş. has become the majority owner of Halkbank a.d. Beograd with share of 99.98%.

In 2019 the Bank opened new branches and significantly increased the number of ATMs to a total number of 88. Today, our products and services can be found in 39 business units.

Previous year was very successful for us. We have achieved good results, thanks to a clearly defined strategy, good business policy, valuable engagement of our employees and with the great support of Halkbank Group.

In this year, we plan to continue with the expansion of the branch network and to boost our presence on the still uncovered areas of Serbia. In the same time our intention is to increase our market share in key segments. Our approach is to offer the highest quality of service to our clients through a wide range of products with client oriented approach.

Our primary task is to create products that will fully meet the expectations of our clients, and one of our goals in 2020 is to push the limits in the area of payment cards. We are extremely proud of our efficiency, speed, quality services and products, as well as the personal approach to each client. We also believe that, with our proffesional team, our speed and quality of service distinguishes us from others.

Our goal is to be the bank that encourages and finances growth and development of the domestic economy, being also a safe place for savings for our clients. As our motto says: “People beyond all”, and since we are fully customer oriented we will put even more effort to become one of the leaders in Serbian banking sector in years to come.

Sincerely yours,

Kenan Bozkurt

President of Executive Board, Halkbank a.d. Beograd