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Türkiye Is Bankasi

#1749

Rank

$9.66B

Marketcap

TR Turkey

Country

Türkiye Is Bankasi
Leadership team

Mr. Ali Tolga Unal (Head of Financial Management Division)

Mr. Hakan Aran (GM, CEO & Exec. Director)

Ms. Nese Gulden Sozdinler (Head of Investor Relations & Sustainability Division)

Products/ Services
Banking, Financial Services
Number of Employees
20,000 - 50,000
Headquarters
Istanbul, Istanbul, Turkey
Established
1924
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
ISCTR.IS
Social Media
Overview
Location
Summary
Türkiye Is Bankasi A.S. provides various banking products and services. The company offers corporate, commercial, private, and treasury/investment banking services, including project financing, operating and investment loans, deposit and cash management, credit cards, cheques and bills, foreign trade transactions and financing, letter of guarantees and credits, forfeiting, foreign currency trading, bill collections, payrolls, investment accounts, tax collections, and other banking services to large corporations, SMEs, and other trading companies. It also provides retail banking services, such as deposits, consumer loans, overdraft accounts, credit cards, bill collections, remittances, foreign currency trading, safe-deposit boxes, insurance, tax collections, investment accounts, and other banking services; private banking services comprising various financial, and cash management related services. In addition, the company engages in securities trading, money market transactions, spot and forward TL, and foreign currency trading; derivative transactions, such as forwards, swaps, futures, and options; and syndications and securitizations, as well as investment banking activities. Further, it is involved in insurance and reinsurance, private pensions, finance leasing, factoring, and real estate investment. Additionally, the company offers venture capital investment, brokerage, investment consulting and portfolio, and asset management businesses. Türkiye Is Bankasi A.S. was founded in 1924 and is headquartered in Istanbul, Turkey.
History

Following the culmination of World War I in 1918 and the subsequent dissolution of the Ottoman Empire in 1922, Turkey was declared a republic and Mustafa Kemal Atatürk was elected by parliament as the first president of Turkey. Atatürk was quick to realise that the government needed a national bank to rebuild Turkey's economy following the debacle of the war. ??bank, the first truly national bank in the Turkish Republic was founded on 26 August 1924 at the First Economy Congress in ?zmir.

Atatürk appointed Celâl Bayar, his close aide and then the Minister of Exchange Construction and Settlement as the president of the newly formed bank. ??bank began operations with two branches and 37 staff under the leadership of Celâl Bayar, its first general manager. The bank was established with a capital of 1 TL Million of which 250'000 TL was covered by Atatürk, and the rest by private investors. In 1927 the capital was raised by 2 Million TL so it could be merged with the National Credit Bank as equal partners.

Mission
Our mission is to provide our customers with high-quality, tailored and cost-effective financial solutions and services that meet their needs and goals.
Vision
Our vision is to be the most preferred, successful and respected Turkish financial services institution and to be among the leaders of sustainable development.
Key Team

Gul Meltem Atilgan (Head of the Corp. Communications Division)

Mr. Suleyman Hayrettin Ozcan (Head of Corp. Compliance Division, Compliance Officer & Member of Board of Inspectors)

Mr. Muzaffer Okay (Chairman of Inspectors)

Mr. Hamit Umut Togay (Head of Internal Control Division & Member of the Board of Inspectors)

Mr. Suat E. Sozen (Deputy Chief Exec.)

Mr. Nevzat Burak Seyrek (Deputy Chief Exec.)

Mr. Yalcin Sezen (Deputy Chief Exec.)

Recognition and Awards
Türkiye ?? Bankas? has won numerous awards, including being named the Best Bank in Turkey for 2017 by World Finance Magazine and Best Retail Bank in Turkey for 2016 by The Banker. The bank was also recognized as one of the Best Companies to Work for in Turkey for 2017 by Great Place to Work Institute Turkey and Turkey’s Most Successful Bank in 2017 by Euromoney Magazine.
References
Türkiye Is Bankasi
Leadership team

Mr. Ali Tolga Unal (Head of Financial Management Division)

Mr. Hakan Aran (GM, CEO & Exec. Director)

Ms. Nese Gulden Sozdinler (Head of Investor Relations & Sustainability Division)

Products/ Services
Banking, Financial Services
Number of Employees
20,000 - 50,000
Headquarters
Istanbul, Istanbul, Turkey
Established
1924
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
ISCTR.IS
Social Media