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September 01, 2015 5:12 AM ET


Company Overview of HSBC Bank A.S.

Company Overview

HSBC Bank Anonim Sirketi provides retail, commercial, and corporate banking products and services. It offers retail banking services, including indexed deposits, demand and time deposits, and fund deposit accounts; credit and debit cards; consumer loans, such as personal, car, mortgage, personal finance, and overdraft loans; payment services and pension products; insurance products, such as personal accident, critical illness, home and car, and life insurance products; and investment services comprising mutual funds, gold funds, equities, treasury bills, and government bonds. The company also provides corporate/commercial banking services, including cash and non-cash loans, commercial cards,...

Büyükdere Caddesi No:128 Esentepe


Istanbul,  34394


Founded in 1990


90 212 376 40 00


90 212 366 33 83

Key Executives for HSBC Bank A.S.

Chief Executive Officer, General Manager and Director
Executive Vice President of Financial Control and Assistant General Manager of Financial Reporting
Head of Internal Audit
Chief Assistant General Manager and Executive Vice President of Credit and Risk
Executive Vice President of Corporate and Commercial Banking
Compensation as of Fiscal Year 2015.

HSBC Bank A.S. Key Developments

ING Acquisition Of HSBC's Turkish Unit Seen As Unlikely

ING Groep N.V. (ENXTAM:INGA) was unable to obtain any guarantees from the Turkish treasury over its potential acquisition of HSBC Holdings plc's (LSE:HSBA) Turkish unit, Milliyet reported. The likelihood of ING Groep's potential acquisition of HSBC's Turkish unit HSBC Bank A.S. seems weak as ING was unable to obtain any guarantees from the Turkish treasury on potential license issues, Milliyet reported August 13, 2015. Qatar National Bank S.A.Q. (DSM:QNBK) is now thought to be interested in buying HSBC Bank.

ING And BNP Paribas Reportedly Among Bidders For HSBC Turkey

ING Groep N.V. (ENXTAM:INGA), BNP Paribas SA (ENXTPA:BNP) and Arab Banking Corporation (B.S.C.) (BAX:ABC) have submitted bids to buy HSBC Bank A.S. (HSBC Turkey), a source familiar with the process said. The source said the bids are non-binding, suggesting that the process could still take some time to complete, but that one-to-one talks have begun. Four other sources said ING was interested in buying HSBC's Turkish business, comprising corporate and investment banking operations as well as a loss-making retail arm. Two of the people said ABC was looking to buy the business, though they did not know if bids had been submitted. Qatar National Bank S.A.Q. (DSM:QNBK) was also interested but has not submitted a bid, the first source said. HSBC, ING, BNP and QNB declined comment and ABC could not be reached for immediate comment.

ING, Qatar National Bank Reportedly Potential Buyers for HSBC Turkey

The potential buyers for HSBC Bank A.S. are reported to be ING Groep N.V. (ENXTAM:INGA), Arab Banking Corporation (B.S.C.) (BAX:ABC) and Qatar National Bank Alahli S.A.E (CASE:QNBA). According to two sources, Arab Banking was looking to buy the entire business of HSBC Bank. HSBC declined comment.

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