TYPES OF LOAN
DenizBank was founded in 1938 as a state-owned bank in order to provide funding for the developing Turkish maritime sector. Acquired by Zorlu Holding from the Privatization Administration as a banking license in early 1997, DenizBank was further acquired in October 2006 by Dexia, a leading financial group in Europe. Continuing its activities under Dexia umbrella for 6 years, DenizBank operates as from 28 September 2012 under the roof of Sberbank, the biggest bank in Russia. As of July 1st, 2013; consumer banking portfolio of Citi Turkey with more than 600 thousand customers and nearly 1400 employees were transferred to DenizBank.
Following privatization in 1997, parallel to its new corporate identity, the Bank implemented a “return to life” program that encompassed recruitments and new branch openings. These initiatives were undertaken in line with a five-year strategic plan; subsequently, all objectives in the plan were accomplished. This growth was supported by the acquisition of some of the branches that were transferred to the Savings Deposit Insurance Fund and the acquisition of Tarişbank by the Group at the end of 2002. In order to complement its existing banking products and services, DenizBank also acquired factoring, leasing, investment and asset management companies as well as banks in Austria and Russia. Thanks to the support of its solid capital base and financial strength as well as the rapid growth of the overall banking sector, DenizBank reinforced its existing market position in a very short time. DenizBank Financial Services Group was formed in 2003 to create a financial supermarket able to offer various financial services under the same roof.
In addition to DenizBank, DenizBank Financial Services Group (“the Group”) consists of seven domestic, three international financial subsidiaries, three domestic non-financial subsidiaries, and a branch in Bahrain. Deniz Investment Securities, Ekspres Securities, Deniz Real Estate Investment Trust, DenizPortfolio Management, DenizLeasing, DenizFactoring, Destek Asset Management Company, Intertech, Deniz Kültür and Bantaş are the group’s domestic subsidiaries while Eurodeniz, DenizBank AG and DenizBank Moscow are its international subsidiaries.
The primary segments the Group focuses on are retail customers, small and medium-size enterprises, exporters, public and project finance and commercial and corporate clients. The Group also operates in niche markets such as agriculture, energy, tourism, education, healthcare services, infrastructure and maritime. The Group operates in European Union countries through its Vienna-based subsidiary DenizBank AG. CJSC DenizBank Moscow provides services to customers engaged in commerce with Russia and serves a variety of their financial requirements.
DenizBank Financial Services Group consolidated its operations along with financial control and accounting functions at the head office and transformed DenizBank branches into marketing centers, allowing the Bank to keep the number of employees at the optimum level while increasing operational efficiency.
The Group possesses a service network that reaches all segments of the society throughout Turkey. In addition to the 713 domestic DenizBank branches, including one in Bahrain, DenizBank AG have 40 branches in total. In addition, thanks to its Alternative Distribution Channels, DenizBank enables both individual and corporate customers all over the world to carry out financial transactions over the internet.
Please click here to access DenizBank TurSEFF page.
Türkiye İş Bankası A.Ş. established on 26 August 1924, is the largest private bank in Turkey in terms of total assets reaching TL 181 billion as of March 2013. Together with its subsidiaries, İşbank has been one of the most valuable and trusted institutions in the country for 88 years thanks to its customer-focused, innovative and modern business approach. İşbank also has the most extensive network among private banks in Turkey with 1.265 branches in total, 19 foreign branches and 1.246 domestic branches country wide, nearly 24,300 employees, and 4,889 ATMs.
İşbank continues to serve by providing high-quality services, experienced relationship management and appropriate and timely solutions in line with its customers' needs and expectations in corporate, commercial, retail and private banking areas.
Gaining strength from its corporate mission, besides supporting economic development, İşbank also contributes to the development of society via its social responsibility activities. İşbank continues to carry out social responsibility activities with a high degree of responsibility towards society. İşbank contributes to social development with long-term and wide-impact social responsibility activities in the fields of education, environment, arts and culture.
Please click here to access Türkiye İş Bankası TurSEFF page.
VakıfBank is one of the leading banks in Turkey with 14,000 employees. VakıfBank was established in 1954 to optimize the utilization of the resources of Vakıf towards the needs of economic development. VakıfBank contributes to the development of Turkey’s saving quota with contemporary banking methods. VakıfBank provides services not only in the area of the contemporary banking products and services to the commercial sector and small enterprises, but also in the area of the retail and private banking. In addition to the countrywide branches, VakfBank serves individual and corporate clients through alternative distribution channels supported by advanced technologies. VakıfBank has branches in New York, Erbil, Bahrain and subsidary headquartered in Vienna named as Vakıf International AG. Vakıf International AG has branches in Vienna, Frankfurt and Cologne.
Please click here to access VakıfBank TurSEFF page.
Established in 1944, Yapı Kredi is the fourth largest private bank with total assets of TL 135 bln as of 1Q13. Driven by a customer-centric strategy, Yapı Kredi serves 6.5 million active customers through its divisionalised service model organised into three main segments: retail banking (including individual banking, SME banking and card payment systems); corporate and commercial banking; private banking and wealth management. The Bank’s service model is supported by its local subsidiaries in asset management, brokerage, leasing, factoring, private pension and insurance as well as international banking subsidiaries in the Netherlands, Russia and Azerbaijan.
The Bank has a broad geographical coverage and wide multichannel service network. Yapı Kredi’s branch network, consisting of 932 branches as of the end of March 2013, is the fifth largest branch network in Turkey (8.9% market share). In addition, the Bank has a wide ATM network (2,837 ATMs), innovative internet banking, a leading mobile banking channel (13.2% market share) and two award winning call centers. The Bank effectively utilises alternative delivery channels and handles more than 82% of total banking transactions through these channels.
Please click here to access Yapı Kredi TurSEFF page.