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Yap? Kredi

#2209

Rank

$6.98B

Marketcap

TR Turkey

Country

Yap? Kredi
Leadership team

Mr. Gokhan Erun (CEO, GM & Exec. Director)

Mr. Demir Karaaslan (CFO and Assistant GM of Financial Planning & Admin.)

Ms. Bahar Seda Ikizler (Director of Group Financial Reporting & Accounting)

Products/ Services
Finance, Financial Services
Number of Employees
1,000 - 20,000
Headquarters
Istanbul, Istanbul, Turkey
Established
1944
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
YKBNK.IS
Social Media
Overview
Location
Summary
Yapi ve Kredi Bankasi A.S., together with its subsidiaries, provides various banking products and services in the Netherlands, Azerbaijan, and Malta. The company operates through two segments, Retail Banking; and Corporate, Commercial, and SME Banking. The Retail Banking segment offers banking products and services, such as card payment systems, general purpose loans, auto loans, mortgages, commercial installment loans, time and demand deposits, gold banking, investment accounts, life and non-life insurance products, and payroll services. This segment also provides mutual funds, foreign exchange, and gold and equity trading services; and personal art, inheritance, real estate, tax, education, and philanthropic advisory services. The Corporate, Commercial, and SME Banking segment offers corporate banking for large-scale, international, and multinational companies; commercial banking for medium-sized enterprises; and SME banking for SME companies. This segment provides working capital finance, trade finance, and project finance, as well as domestic and international non-cash loans, such as letters of credit, letters of guarantee, and cash management services, as well as financial advisory and equity management advisory services. It serves customers through ATMs, telephone banking, Internet banking, and mobile banking. As of December 31, 2021, the company operated through 803 branches in Turkey and 1 branch in overseas. Yapi ve Kredi Bankasi A.S. was founded in 1944 and is headquartered in Istanbul, Turkey.
History

Yap? Kredi was acquired by Mehmet Emin Karamehmet's Çukurova Holding in 1984, and Hüsnü Özye?in was its general manager until 1987. In 2003 Çukurova Holding reached an agreement with the Turkish bank regulator to sell the majority of its shares in Yap? Kredi within two years. In 2005 the majority of shares in Yap? Kredi were acquired by the owners of Koçbank. Koç Finansal Hizmetler , was an equal partnership between Koç Holding and Italian banking giant UniCredit. In 2006 Koçbank was merged into Yap? Kredi, leaving 80% of Yap? Kredi owned by KFS. In November 2019 Unicredit exited the joint venture KFS which controls the bank and acquired a smaller stake in the company.

Mission
Yap? Kredi strives to create value for its customers both through its financial solutions and its approach to customer experience with innovative products, services, and platforms.
Vision
Our vision is to be the industry leader in understanding customer needs and developing products and services that delight customers.
Key Team

Mr. Gokhan Ozdinc (Assistant Mang. of Technology, Data & Process Management)

Ms. Hilal Varol (Head of Investor Relations and Strategic Analysis)

Mr. Mehmet Erkan Ozdemir (Assistant Gen. Mang. of Compliance, Internal Control & Risk Management)

Mr. Cemal Aybars Sanal (Assistant Gen. Mang. of Legal Affairs)

Mr. Arda Oztaskin (VP of Corp. Communications)

Mr. Kursad Keteci (Exec. VP of Strategic Planning, Investor Relations & Corp. Devel.)

Ms. Ozden Onaldi (Assistant Gen. Mang. of HR Organization & Internal Services)

Recognition and Awards
Yap? Kredi has been repeatedly acknowledged with awards, such as the 2020 LMA Brand of the Year and the 2020 Most Admired Bank Award in the MENA region. Additionally, it received the Best Financial Institution in Turkey and the Best International Financial Services provider awards in 2019.
References

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Yap? Kredi
Leadership team

Mr. Gokhan Erun (CEO, GM & Exec. Director)

Mr. Demir Karaaslan (CFO and Assistant GM of Financial Planning & Admin.)

Ms. Bahar Seda Ikizler (Director of Group Financial Reporting & Accounting)

Products/ Services
Finance, Financial Services
Number of Employees
1,000 - 20,000
Headquarters
Istanbul, Istanbul, Turkey
Established
1944
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
YKBNK.IS
Social Media