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Company Description

Contact Info

Esentepe Mahallesi Büyükdere Cad. Kristal Kule Binasi 215

Sisli

Istanbul,

Turkey

Phone: 90 212 318 50 00

Fax: 90 212 318 58 50

Finansbank A.S. provides banking services in Turkey. The company operated with 458 branches in 2008. It also had 1,206 ATMs, composing of 606 off-site and 600 on-site ATMs in 2008. Products and Services Corporate Banking Corporate Banking provides services to the large scale local, foreign, and international corporate companies through its 8 branches. Investment Banking Investment Banking provides services, such as project finance, corporate finance, and technical consultancy. In 2008, Finansbank cooperated with 752 customers in 46 different sectors, mainly energy (HEPPs, wind power plants, natural gas distribution), construction (real investment, conracting), and health. Commercial Banking Finansbank Commercial Banking serves middle-sized companies settled in 22 cities all around Turkey through its head office and 4 regional management offices. SME Banking Finansbank SME Banking develops and offers SME products and services within the framework of sectoral banking approach. Finansbank SME Banking provides a new loan package to all companies in the health sector. It serves approximately 300,000 SME customers. Consumer Banking Consumer Banking operated with total branches of 382 in 2008. EasyCredit (KrediKolay) branch concept was upgraded. The service model of retail branches was redesigned in 2008. CardFinans CardFinans operates in the Turkish credit card market with the number of CardFinans cards reaching approximately 3.5 million. Several companies from different sectors were introduced to the CardFinans network in 2008 and the number of CardFinans merchants was approximately 1,000. Private Banking Finansbank Private Banking was established to provide privileged banking services to help with the investment decisions and develop modified solutions for high net worth individuals. In 2008, it functioned through 32 private banking corners located in Finansbank’s branches, and seven private banking centers, four of which were in Istanbul and one each in Ankara, Izmir, and Adana. History Finansbank A.S. was founded in 1987.

 

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FINBN

Industry Average

Valuation FINBN Industry Range
Price/Earnings 18.5x
Price/Sales 3.5x
Price/Book 1.4x
Price/Cash Flow 18.5x
TEV/Sales NM Not Meaningful
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