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September 04, 2015 5:49 PM ET

Banks

Company Overview of Kuveyt Turk Katilim Bankasi A.S.

Company Overview

Kuveyt Turk Katilim Bankasi A.S. operates as a participation bank in Turkey. The company operates in five segments: Retail Banking; Small Business Banking; Commercial Banking; Corporate Banking; and Treasury, International, & Investment Banking. It offers private current accounts, participation accounts, and participation account with interim profit share payment. The company also provides car, housing, and personal finance services; motor own damage, home, earthquake, business place, engineering, liability, freight, travel health, and personal accident insurance products; lease certificates; cards; and payment and collection, stock features and investment transaction, and individual pension...

Büyükdere Cad. No: 129/1

Esentepe-Sisli

Istanbul,  34394

Turkey

Founded in 1989

5,210 Employees

Phone:

90 212 354 28 28

Fax:

90 212 354 28 15

Key Executives for Kuveyt Turk Katilim Bankasi A.S.

Chief Executive Officer, Director, Member of Executive Committee, Member of Assets-Liabilities Committee, Member of Credit Committee, Member of Corporate Social Responsibility Committee and Member of Remuneration & Nomination Committee
Age: 57
Chief Financial Officer, Executive Vice President of Financial Control and Member of Assets-Liabilities Committee
Age: 45
Chief Operations Officer, Member of Assets-Liabilities Committee and Member of Basel II Compliance Committee
Age: 45
Head of Risk, Control & Compliance, Chief Risk Officer, Member of Assets-Liabilities Committee and Member of Basel Ii Compliance Committee
Age: 49
Executive Vice President of Commercial Banking and Member of Assets-Liabilities Committee
Age: 62
Compensation as of Fiscal Year 2015.

Kuveyt Turk Katilim Bankasi A.S. Key Developments

KFH Turkey Reports Earnings Results for the First Half of 2015

KFH Turkey reported earnings results for the first half of 2015. The company has improved its net profit to $70.5 million in the first half of this year with a surge by 17.5% as compared to the same period in 2014.

Kuveyt Turk Bank AG to Open German Unit

Kuveyt Turk Bank AG, a subsidiary of Kuwait Finance House, is to open a banking unit in Germany. The unit will be the first Islamic bank in the nation. German regulator, Bafin, is to grant a full banking license to the Turkish bank. The bank is expected to start offering services in June and could expand its services to other parts of Europe later.

Kuveyt Türk Participation Bank Reports Earnings Results for the Year 2014

Kuveyt Türk Participation Bank reported earnings results for the year 2014. For the period, the company's net profit was TRY 370.5 million with an increase by 23.3% compared to the previous year.

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