Finansbank

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QNB Finansbank A.Ş.
legal form Anonim Şirket
founding 1987
Seat Istanbul
Branch Bank
Website www.qnbfinansbank.com

The QNB Finansbank A.Ş. is a commercial bank based in Istanbul , it was founded by Hüsnü Özyeğin in 1987, who is still in charge today. With 600 new hires in 2010, the bank employed 10,719 people in 465 branches and branches, in 2012 there were 11,734 in 522 branches.

history

QNB Finansbank

Hüsnü Özyeğin founded Finansbank on October 26, 1987, and in 2003 the National Bank of Greece acquired a minority stake.

The National Bank of Greece bought the remaining stake from Hüsnü Özyeğin for an estimated US $ 3 billion . Özyeğin originally wanted to buy this amount of shares in NBG, but these were not available on the market at the time. In the course of the Greek financial crisis, the purchase of Finansbank should prove to compensate NBG: While in 2010 NBG made a loss of 159 million euros in Greece due to large write-downs, Finansbank generated a profit of 251 million euros.

Since the NBG Group concentrated on Southeastern Europe and withdrew from Central Europe due to the high market saturation , the branches of Finansbank there were not part of the takeover. They have been renamed Credit Europe Bank and are still wholly owned by the Özyeğin group of companies. Since then, Finansbank has been active in 6 countries, including Russia and Malta .

In 2014, the bank acquired the 170 m high-rise Krystal Kule , built a few years earlier, for EUR 303 million to use it as its new headquarters.

In December 2015, NBG announced that it would sell its Turkish subsidiary Finansbank to QNB from Qatar for EUR 2.75 billion.

Awards (selection)

  • “The Best Employment Program” and “The Best Customer Representative” awards for the Finansbank call centers by the Turkey Call Centers Competition, 2007
  • “The Superbrand of Turkey” award for CardFinans given by the British Superbrands, 2007
  • Public's Favorite Web Site Award for the website www.finansbank.com.tr in the category "commercial web site" given by Altın Örümcek, 2010
  • "The Best New Bank Card Launch" for CardFinans Nakit, awarded by Cards and Payments Europe, 2010 in Madrid

Individual evidence

  1. ↑ Manager Magazin
  2. ↑ Laura Noonan: NBG offloads Finansbank to QNB at bargain price . In: Financial Times . December 22, 2015, ISSN  0307-1766 ( ft.com [accessed January 1, 2016]).

Web links