Turkiye Is Bankasi AS

Sector: National Commercial Banks Region: Turkey

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Company Description

Turkiye Is Bankasi AS is engaged in the provision of commercial and personal banking services. It operates through the following business segments: Corporate Banking; Commercial Banking; Retail Banking; Private Banking; and Treasury and Investment Banking. The Corporate and Commercial Banking segments involve project financing, operating and investment loans, deposit and cash management, credit cards, cheques and bills, foreign trade transactions and financing, letter of guarantee, letter of credit, forfeiting, foreign currency trading, bill collections, payrolls, investment accounts, tax collections, and other banking services offered to large corporations, small and medium enterprises, and other trading companies through various financial media. The Retail Banking segment handles deposits, consumer loans, overdraft accounts, credit cards, bill collections, remittances, foreign currency trading, safe-deposit boxes, insurance, tax collections, and investment accounts catered to individuals, merchants, and non-trading corporations and institutions. It also caters to individuals, real-person merchants and non-trading corporations and institutions. The services it offers include deposits, consumer loans, overdraft accounts, credit cards, bill collections, remittances, foreign currency trading, safe-deposit boxes, insurance, tax collections, investment accounts and by other banking services. The Private Banking segment offers any kind of financial and cash management related services for individuals within the high-income segment. The Treasury and Investment Banking segment deals with securities trading, money market transactions, spot and forward Turkish Lira and foreign currency trading, and derivative transactions such as forwards, swaps, futures and options, as well as syndications and securitizations. The company was founded on August 26, 1924 and is headquartered in Istanbul, Turkey.

Similar to: Bank of Nova Scotia, Deutsche Pfandbriefbank AG, Barclays Plc

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