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 374 branches and more than 8 thousand employees.
NCB is one of the largest Bank in the GCC. NCB’s total assets is US$ 120 billion and its paid-up capital is US$ 5,3 billion at the end of the first half of 2017. Net profit for the first half of 2017 is US$ 1,4 billion.
Having received “The best bank in Saudi Arabia” award in 2015 and 2016 and being designated as “The best Islamic Bank in Saudi Arabia” by Islamic Finance News in 2015, NCB has always been a leading financial institution. In 2008, NCB made its first overseas investment by acquiring the majority stake in Turkiye Finans which was also one of the leading participation (interest-free) banks in Turkey. As of the first quarter of 2017, NCB has been the major shareholder of Turkiye Finans by holding 67% stake in the bank.