National Commercial Bank is dominant and main shareholder that owns management control of Türkiye Finans through 67.03% share in paid-up capital.
|Name Surname / Business Name||Amount of Share (TL)||Share Ratio (%)|
|The National Commercial Bank (NCB)||1,742,676,447||67.03|
|Gözde Girişim Sermayesi Yatırım Ortaklığı A.Ş.||274,838,187||10.57|
About The National Commercial Bank (NCB)
The National Commercial Bank was the first Saudi bank to be licensed in the Kingdom. It is considered the largest in the Saudi Arabia and a leading financial institution in the Region. In 1999, the Government through the Ministry of Finance's Public Investment Fund (PIF) acquired a majority holding in the Bank.
NCB serves over the 5 million customers in Saudi Arabia, with 400 branches and more than 8 thousand employees.
The NCB is one of the largest banks in the Arabian finance world. As of the end of 2017, the bank commanded SAR 444 billion (USD 118 billion) of assets, while it wrote a net profit of SAR 9.8 billion (USD 2.6 billion) in the same period. The bank recorded earnings per share of SAR 4.74 (USD 1.26) in 2017.
In 2008, the NCB undertook its first international acquisition and became the dominant partner of Türkiye Finans, one of Turkey’s leading participation banks. NCB has been the major shareholder of Turkiye Finans by holding 67% stake in the bank.