Türkiye Finans was established as a joint venture between the National Commercial Bank (Saudi Arabia), Boydak Group and the Ülker Group. Türkiye Finans is a leading company that achieved a transformation, underpinned by its “growth reflex” and based its deeply-rooted know-how, experience and determination, and its vision to carve a name for itself in the future of our country’s participation banking.

Türkiye Finans was established in 2005 with the merger between Anadolu Finans, the first special finance corporation founded in 1991 with 100% domestic funds, and Family Finans, which operated in the participation banking sector between 1985 and 2001 under the name of Faisal Finans Kurumu.

In 2005, the Boydak Group and the Ülker Group combined these two participation banks under a single roof. This union of strengths was undertaken in order to generate more value for Turkey and to bolster the competitive advantages of both entities.

The merger between Anadolu Finans and Family Finans was approved by the Banking Regulation and Supervision Agency (BRSA) on 28 December 2005. The name of the bank was changed to Türkiye Finans Katılım Bankası A.Ş. on 30 December 2005.

This merger brought a new growth momentum into the participation banking sector and Türkiye Finans quickly became one of biggest participation banks in Turkey.

The Bank, which assumed a new and strong corporate identity following the merger, brought a new breath of fresh air to participation banking, whose target audience had been growing steadily.

A new era 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 Bank. By bringing together the strengths of the Boydak and the 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.

Proving its strength at the outset of 2016

Türkiye Finans has laid out a five-year plan under which it has redefined its goals and growth roadmap. Accordingly, the Bank is currently undertaking a variety of projects with a customer oriented approach and has achieved important progress in 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 the “Customer Experience and Multichannel Strategy Project” to implement a series of modifications and improvements in its business making styles and processes. During this new period, the Bank set out a path of stronger growth with its experience, technological capability and vision.

Taking firm steps forward for sustainable growth, Türkiye Finans opened its first international branch in Bahrain in 2015. With its Bahrain branch, the Bank aims to expand its service network into the Middle East and provide the Bank with sources of funding. At of the end of 2015, Türkiye Finans commanded a strong service platform of 4,132 employees in 286 branches supported by effective alternative delivery channels. With this platform, the Bank offers an array of innovative products, services and solutions of high added value to a broad customer mass in the commercial and corporate banking, SME banking and retail/personal banking segments.