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May 26, 2015 2:40 AM ET

Banks

Company Overview of Bankpozitif Kredi ve Kalkinma Bankasi A.S.

Company Overview

Bankpozitif Kredi ve Kalkinma Bankasi Anonim Sirketi provides corporate and retail banking services to individuals and institutions in Turkey. The company operates in five segments: Asset Management and Treasury, Corporate Banking, Retail Banking, Foreign Financial Subsidiary, and Non-Financial Services. It offers various deposit products, including fixed interest bearing deposits and other money market deposits; consumer, home equity, mortgage, and vehicle loans; credit cards; cash payment and other banking services; and insurance and investment products. The company also provides corporate lending, project finance, trade finance, and financial leasing services; project/investment loans; TL...

Rüzgarlibahçe Mah. Kayin Sok. No: 3

Yesa Bloklari Kavacik

Beykoz

Istanbul,  34805

Turkey

Founded in 1999

Key Executives for Bankpozitif Kredi ve Kalkinma Bankasi A.S.

General Manager and Director
Compensation as of Fiscal Year 2014.

Bankpozitif Kredi ve Kalkinma Bankasi A.S. Key Developments

US Firm Reportedly Eyes BankPozitif

SBK Holdings USA is reportedly interested in acquiring Bank Hapoalim B.M. (TASE:POLI) unit Bankpozitif Kredi ve Kalkinma Bankasi A.S. SBK has set aside $220 million to revive BankPozitif if the buyout materializes, the news outlet reported.

Bank Pozitif Receives A Takeover Approach From An Unknown Investor

Tarshish Hapoalim Holdings and Investments Limited said, Bankpozitif Kredi ve Kalkinma Bankasi A.S. has received an initial takeover approach from an unnamed investor for 100% stake in Bankpozitif Kredi from Tarshish Hapoalim and C Faktoring A.S. Tarshish Hapoalim holds 70% and C Faktoring holds 30% stake in Bankpozitif Kredi. Tarshish Hapoalim spokeswoman also said that the potential buyer had yet to contact Bank Hapoalim B.M. (TASE:POLI)and its management and board have not discussed the matter.

Tarshish Hapoalim Seeks To Sell Its 69.8% Stake in Bankpozitif

Tarshish Hapoalim Holdings and Investments Limited plans to sell its 69.83% stake in Bankpozitif Kredi ve Kalkinma Bankasi A.S.., amid political coolness between Israel and Turkey, according to sources. Altinbas Holding AS was interested in buying the stakes, sources added. Altinba Holding AS, however, said there has not been any official talks with Tarshish Hapoalim.

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