Türkiye Finans in Brief

Anadolu Finans, which was founded by a group of entrepreneurs from Kayseri in 1991, was Turkey's first private finance house to be funded entirely by domestic capital. In July 1999, control of Anadolu Finans was taken over by the Boydak family.

Anadolu Finans, which was founded by a group of entrepreneurs from Kayseri in 1991, was Turkey's first private finance house to be funded entirely by domestic capital. In July 1999, control of Anadolu Finans was taken over by the Boydak family.

Faisal Finans Kurumu, another private finance house that had been in business since 1985, joined the Ülker Group in 2001 when the group acquired a majority stake in the bank and changed its name to Family Finans.

In 2005 the Boydak Group and the Ülker Group combined these two participation banks under a single roof, transforming them into a potent economic force. This union of strengths was undertaken in order to create more value for Turkey and to bolster the competitive advantages of both.

The Anadolu Finans and Family Finans merger was approved by the Banking Regulation and Supervision Agency (BRSA) on 28 December 2005. Two days later on the 30th, the agency approved the renaming of the bank as “Türkiye Finans Katılım Bankası A.Ş.” (Türkiye Finans Participation Bank Inc).

A new breath of fresh air in participation banking through a union of strengths…

Immediately after the merger the bank assumed a brand-new corporate identity, breathing new life into participation banking, a business line whose target audience has been growing steadily.

A new period of tremendous change and transformation at Türkiye Finans began on 31 March 2008 when The National Commercial Bank (NCB) acquired a 60% stake in the company. By bringing together the strengths of the Boydak and Ülker groups, two of Turkey’s leading industrial conglomerates, with those of the Middle East’s most deeply-capitalized bank, the capital structure and vision of this partnership resulted in its emergence as a leading player in the business of participation banking.

A stronger Türkiye Finans at the outset of 2014

In previous years, Türkiye Finans had laid out a five-year plan under which it redefined its goals and growth roadmap. As called for in that plan, the bank is currently undertaking a variety of projects with a customer-oriented approach and carrying out important progress aimed at further developing its technological infrastructure, business processes and service approach. Starting from the benchmark of providing a flawless customer experience, Türkiye Finans launched a new initiative entitled “Customer Experience and the Multichannel Strategy Project” in 2013 in order to implement a series of modifications and improvements in its business making styles and processes. During this period, the bank adopted a stronger growth roadmap by combining its experience, technological capability and vision.

At the end of 2013, Türkiye Finans commanded a strong service platform of 3,990 employees in 250 branches supported by effective alternative delivery channels. With this platform, the bank offers innovative products, services and solutions of high added value to a broad customer mass in the commercial/corporate banking, enterprise banking and retail/personal banking segments.