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February 05, 2016 8:45 PM ET

Banks

Company Overview of Türk Ekonomi Bankasi Anonim Sirketi

Company Overview

Türk Ekonomi Bankasi Anonim Sirketi provides various banking services for retail and corporate customers in Turkey and internationally. The company offers time deposit accounts and demand accounts. Its loan portfolio includes general-purpose, motor vehicle, mortgage financing, and personal finance loans, as well as cash and non-cash, working capital, and investment loans. The company also provides investment services, such as mutual funds; shares; treasury bills/government bonds and Eurobonds; and payment and money transfer services, as well as business and debit cards. In addition, it offers insurance services, including auto, home, liability, life and critical illness, personal accident, h...

TEB Campus

C and D Blocks

Saray Mah. Sokullu Cad. No: 7A - 7B

Ümraniye

Istanbul,  34768

Turkey

Founded in 1927

Phone:

90 216 635 35 35

Fax:

90 216 636 36 36

Key Executives for Türk Ekonomi Bankasi Anonim Sirketi

General Manager and Executive Director
Head of Legal Affairs, Assistant General Manager and Secretary of the Board of Directors
Head of Compliance Group & Internal Control Group and Consumer Relations Coordination Officer
Head of Group Internal Audit and Chairman of Inspection Committee
Deputy General Manager and Senior Assistant General Manager of SME Banking Group
Compensation as of Fiscal Year 2015.

Türk Ekonomi Bankasi Anonim Sirketi Key Developments

Türk Ekonomi Bankasi Signs Syndicated Loan Agreement

Türk Ekonomi Bankasi AS announced that it signed the previous day a 364-day and 367-day syndicated multi-tranche loan agreement with total amounts of (EURO)385 million and $175 million. The all-in cost for the 364-day tranches will be LIBOR/EURIBOR plus 65 basis points, while the cost for the 367-day tranches will be LIBOR/EURIBOR plus 75 basis points. The bank will use the loan for export finance purposes.

Türk Ekonomi Bankasi AS Names Tugrul Özbakan as Deputy General Manager

Tugrul Özbakan, a member of the portfolio fund management board of Türk Ekonomi Bankasi AS, was appointed to serve as deputy general manager of the bank. Özbakan will be in charge of asset liability management and treasury group.

Monetise Enters into an Agreement with Turk Ekonomi Bankasi to Launch New Digital Banking Service, CEPTETEB

Monetise has announced that it has entered into an agreement with Turk Ekonomi Bankasi (TEB) to launch a new digital banking service called CEPTETEB. The service is currently available for iPhone and Android devices.

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