March 03, 2015 12:30 PM ET

Banks

Company Overview of Kuveyt Turk Katilim Bankasi A.S.

Company Overview

Kuveyt Turk Katilim Bankasi A.S., a participation bank, provides various corporate, international, and retail banking products and services. 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, and individual pension services. In addition, it offers corporate finance products, such as enterprise finance, financial leasing, installment commercial finance, and non...

Büyükdere Cad. No: 129/1

Esentepe

Istanbul,  34394

Turkey

Founded in 1989

5,024 Employees

Phone:

90 212 354 11 11

Fax:

90 212 354 12 12

Key Executives for Kuveyt Turk Katilim Bankasi A.S.

Chief Executive Officer, Director, Member of Executive Committee, Member of Assets-Liabilities Committee and Member of Credit Committee
Age: 56
Chief Financial Officer, Executive Vice President of Financial Control and Member of Assets-Liabilities Committee
Age: 44
Chief Operations Officer, Member of Assets-Liabilities Committee and Member of Basel II Compliance Committee
Age: 44
Chief Risk Officer, Head of Risk, Control & Compliance, Member of Assets-Liabilities Committee and Member of Basel II Compliance Committee
Age: 48
Executive Vice President of Commercial Banking and Member of Assets-Liabilities Committee
Age: 61
Compensation as of Fiscal Year 2014.

Kuveyt Turk Katilim Bankasi A.S. Key Developments

Kuveyt Turk Reports Earnings Results for the First Half Ended June 2014

Kuveyt Turk reported earnings results for the first half ended June 2014. For the period, the company net profit was up by 20% to TRY 175 million ($81 million/€61 million). Net profit sharing income rose 28.5% to TRY 509 million.

Kuveyt Turk Announces Earnings Results for the First Quarter of 2014

Kuveyt Turk announced earnings results for the first quarter of 2014. For the quarter, the company reported net profit increased 57.67% year-on-year to TRY 80 million ($39 million/EUR 28 million).

Kuveyt Turk Mulls IPO

Kuveyt Turk A.S. is seeking initial public offering (IPO). Kuveyt Turk may consider an IPO in the coming period after raising its capital by TRY 960 million to TRY 2.06 billion.

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