KT Bank

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  KT Bank AG
logo
Country GermanyGermany Germany
Seat Frankfurt am Main
legal form Corporation
Bank code 502 345 00
BIC KTAG DEFF XXX
founding 2015
Website www.kt-bank.de
Business data 2018
Total assets 373.9 million euros
insoles 193.4 million euros
Customer credit 202.6 million euros
Employee 86
Offices 5
management
Board Ahmet Kudsi Arslan (Chairman)
Torsten Lüttich
Supervisory board Ufuk Uyan (Chairman)

The KT Bank AG is a bank approved as a deposit credit institution in Germany since March 16, 2015, based in Frankfurt am Main . It is a subsidiary of Kuveyt Türk Katılım Bankası A.Ş. ( German  "Kuwaitisch-Türkische Beteiligungsbank AG" ) based in Istanbul .

Business activity

KT Bank AG offers products and services based on the principles of Islamic banking . Investments are made in real goods and there is a negative list of sectors in which no investments are made. This includes sectors such as the tobacco and arms industry, but also the alcohol and pornography segments .

history

KT Bank AG emerged from a branch of the parent company that was opened in Mannheim in 2004 and had been approved for third-country deposit brokerage since 2010.

The parent company Kuveyt Türk Katılım Bankası is majority owned by Bank Kuwait Finance House (KFH) in Kuwait , further investments are held by the Kuwaiti state social security PIFSS, the Islamic Development Bank in Jeddah and the Turkish state foundation administration Vakıflar Genel Müdürlüğü (VGM) in Ankara .

At the beginning of October 2017, KT Bank AG expanded its branch network to include another branch. There are also branches in Frankfurt, Berlin, Mannheim, Cologne and Munich.

KT Bank AG received the "Best Up-And-Coming Financial Institution in the World 2017" award from Global Finance Magazine.

Web links

Individual evidence

  1. a b Master data of the credit institute at the Deutsche Bundesbank
  2. Annual financial statements as of December 31, 2018 in the Federal Gazette , research at http://www.bundesanzeiger.de/
  3. KT Bank in the BaFin company database . Retrieved April 8, 2015.
  4. a b c Südwestrundfunk . First Islambank in the Eurozone. Full license for Kuveyt Türk Bank in Mannheim. March 31, 2015. Accessed April 8, 2015.
  5. Friday. Gambling is taboo.Retrieved September 11, 2015.
  6. KT Bank. About us. Retrieved February 23, 2016.
  7. Kuveyt Türk Bankası Katılım . History . ( Memento of the original from April 15, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Retrieved April 8, 2015. @1@ 2Template: Webachiv / IABot / www.kuveytturk.com.tr
  8. KT Bank opens branch in Cologne - HALAL-WELT . In: HALAL WORLD . October 5, 2017 ( halal-welt.com [accessed November 1, 2017]). KT Bank opens branch in Cologne - HALAL-WELT ( Memento of the original from November 7, 2017 in the Internet Archive ) Info: The archive link has been inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.  @1@ 2Template: Webachiv / IABot / halal-welt.com
  9. KT Bank opens branch in Munich (February 2020). Retrieved June 17, 2020 .
  10. KFH awarded 'Best Islamic Project Finance Provider in the World 2017' - KT Bank named 'Best Up-And-Coming Financial Institution in the World 2017' by Global Finance - ARAB TIMES - KUWAIT NEWS . In: ARAB TIMES - KUWAIT NEWS . October 15, 2017 ( arabtimesonline.com [accessed November 1, 2017]).

Coordinates: 50 ° 6 ′ 41.6 ″  N , 8 ° 39 ′ 15.4 ″  E