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Yapı Kredi

Yapı Kredi is one of the first nationwide commercial banks in Turkey, and is the fourth largest publicly owned bank in Turkey by its asset size. It was established in 1944 by Kazım Taşkent. Assets of the bank include credit cards, assets under management, non-cash loans, leasing, factoring, private pension funds and non-life insurance. The combined financial services network of the bank consists of 835 branches across the country with over 13 million customers.[citation needed] The bank offers vehicle loans, consumer loans, housing loans and commercial loan supports.[9]

Yapı ve Kredi Bankası A.Ş.
Company typeAnonim Şirket
BİST: YKBNK
IndustryBanking, Financial services
Founded1944; 80 years ago (1944)
Headquarters,
Number of locations
846 branches (2019)[1]
Area served
Worldwide
Key people
ProductsFinancial services, credit cards, consumer banking, corporate banking, investment banking, mortgage loans, private banking
Revenue 21.2 billion (2019)[4]
4.3 billion (2019)[5]
3.6 billion (2019)[4]
Total assets 411.2 billion (2019)[1]
Total equity 41.2 billion (2019)[6]
Number of employees
16,631 (2019)[7]
Subsidiaries
List
  • Yapı Kredi Bank Moscow
    Yapı Kredi Bank Nederland N.V.
    Yapı Kredi Bank Azerbaijan
    Yapı Kredi Sigorta A.Ş.
    Yapı Kredi Emeklilik A.Ş.
    Yapı Kredi Holding B.V.
    Yapı Kredi Yatırım Menkul Değerler A.Ş.
    Yapı Kredi Faktoring A.Ş.
    Yapı Kredi Finansal Kiralama A.O.
    Yapı Kredi Portföy Yönetimi A.Ş.
    Yapı Kredi-Koray Gayrimenkul Yatırım Ortaklığı A.Ş.
    Yapı Kredi Yatırım Ortaklığı A.Ş.
    Yapı Kredi Kültür-Sanat Yayıncılık Ticaret ve Sanayi A.Ş.[8]
Websiteyapikredi.com.tr

Yapı Kredi Emeklilik A.Ş is one of the largest pension and life insurance providers in Turkey and has been a major force in the growth and development of pension schemes and group insurance in the country. Its sister company, Yapı Kredi Sigorta A.Ş., is the second largest health insurer in Turkey. Together, the companies provide coverage to approximately 700,000 insureds.[citation needed]

History edit

Yapı Kredi was acquired by Mehmet Emin Karamehmet's Çukurova Holding in 1984, and Hüsnü Özyeğin was its general manager until 1987. In 2003 Çukurova Holding reached an agreement with the Turkish bank regulator to sell the majority of its shares in Yapı Kredi within two years.[10] In 2005 the majority of shares in Yapı Kredi were acquired by the owners of Koçbank. Koç Finansal Hizmetler (KFH; Koç Financial Services, KFS), was an equal partnership between Koç Holding and Italian banking giant UniCredit. In 2006 Koçbank was merged into Yapı Kredi, leaving 80% of Yapı Kredi owned by KFS.[11] In November 2019 Unicredit exited the joint venture KFS which controls the bank and acquired a smaller stake in the company.[12]

See also edit

References edit

  1. ^ a b Yapı Kredi 2019 Annual Report Report 2019 2019, p. 14.
  2. ^ Yapı Kredi 2019 Annual Report Report 2019 2019, p. 2.
  3. ^ Yapı Kredi 2019 Annual Report Report 2019 2019, p. 4.
  4. ^ a b Yapı Kredi 2019 Annual Report Report 2019 2019, p. 17.
  5. ^ Yapı Kredi 2019 Annual Report Report 2019 2019, p. 138.
  6. ^ Yapı Kredi 2019 Annual Report Report 2019 2019, p. 135.
  7. ^ Yapı Kredi 2019 Annual Report Report 2019 2019.
  8. ^ "Subsidiaries – Yapı ve Kredi Bankası A.Ş." Retrieved June 28, 2012.
  9. ^ Gazete, Banka (21 November 2021). "2. el taşıt kredisinde Yapı Kredi yaş sorununa çözüm sağladı!". Gazetebanka.com. p. https://gazetebanka.com/. Retrieved 21 November 2021.
  10. ^ Turkish Daily News, 4 February 2003,
  11. ^ Hurriyet Daily News, 10 May 2006,
  12. ^ "UniCredit agrees to cut stake in Turkey's Yapi Kredi to below 32%". Reuters. 30 November 2019.

External links edit

Sources edit

  • Yapı Kredi 2019 Annual Report (PDF), Yapı Kredi, 2019


yapı, kredi, this, article, needs, additional, citations, verification, please, help, improve, this, article, adding, citations, reliable, sources, unsourced, material, challenged, removed, find, sources, news, newspapers, books, scholar, jstor, march, 2009, l. This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Yapi Kredi news newspapers books scholar JSTOR March 2009 Learn how and when to remove this template message Yapi Kredi is one of the first nationwide commercial banks in Turkey and is the fourth largest publicly owned bank in Turkey by its asset size It was established in 1944 by Kazim Taskent Assets of the bank include credit cards assets under management non cash loans leasing factoring private pension funds and non life insurance The combined financial services network of the bank consists of 835 branches across the country with over 13 million customers citation needed The bank offers vehicle loans consumer loans housing loans and commercial loan supports 9 Yapi ve Kredi Bankasi A S Company typeAnonim SirketTraded asBIST YKBNKIndustryBanking Financial servicesFounded1944 80 years ago 1944 HeadquartersBuyukdere Avenue Zincirlikuyu Levent Besiktas Istanbul TurkeyNumber of locations846 branches 2019 1 Area servedWorldwideKey peopleAli Yildirim Koc Chairman 2 Gokhan Erun CEO 3 ProductsFinancial services credit cards consumer banking corporate banking investment banking mortgage loans private bankingRevenue 21 2 billion 2019 4 Operating income 4 3 billion 2019 5 Net income 3 6 billion 2019 4 Total assets 411 2 billion 2019 1 Total equity 41 2 billion 2019 6 Number of employees16 631 2019 7 SubsidiariesList Yapi Kredi Bank MoscowYapi Kredi Bank Nederland N V Yapi Kredi Bank AzerbaijanYapi Kredi Sigorta A S Yapi Kredi Emeklilik A S Yapi Kredi Holding B V Yapi Kredi Yatirim Menkul Degerler A S Yapi Kredi Faktoring A S Yapi Kredi Finansal Kiralama A O Yapi Kredi Portfoy Yonetimi A S Yapi Kredi Koray Gayrimenkul Yatirim Ortakligi A S Yapi Kredi Yatirim Ortakligi A S Yapi Kredi Kultur Sanat Yayincilik Ticaret ve Sanayi A S 8 Websiteyapikredi com trYapi Kredi Emeklilik A S is one of the largest pension and life insurance providers in Turkey and has been a major force in the growth and development of pension schemes and group insurance in the country Its sister company Yapi Kredi Sigorta A S is the second largest health insurer in Turkey Together the companies provide coverage to approximately 700 000 insureds citation needed Contents 1 History 2 See also 3 References 4 External links 5 SourcesHistory editYapi Kredi was acquired by Mehmet Emin Karamehmet s Cukurova Holding in 1984 and Husnu Ozyegin was its general manager until 1987 In 2003 Cukurova Holding reached an agreement with the Turkish bank regulator to sell the majority of its shares in Yapi Kredi within two years 10 In 2005 the majority of shares in Yapi Kredi were acquired by the owners of Kocbank Koc Finansal Hizmetler KFH Koc Financial Services KFS was an equal partnership between Koc Holding and Italian banking giant UniCredit In 2006 Kocbank was merged into Yapi Kredi leaving 80 of Yapi Kredi owned by KFS 11 In November 2019 Unicredit exited the joint venture KFS which controls the bank and acquired a smaller stake in the company 12 See also edit nbsp Banks portalLists of banks List of banks in TurkeyReferences edit a b Yapi Kredi 2019 Annual Report Report 2019 2019 p 14 Yapi Kredi 2019 Annual Report Report 2019 2019 p 2 Yapi Kredi 2019 Annual Report Report 2019 2019 p 4 a b Yapi Kredi 2019 Annual Report Report 2019 2019 p 17 Yapi Kredi 2019 Annual Report Report 2019 2019 p 138 Yapi Kredi 2019 Annual Report Report 2019 2019 p 135 Yapi Kredi 2019 Annual Report Report 2019 2019 Subsidiaries Yapi ve Kredi Bankasi A S Retrieved June 28 2012 Gazete Banka 21 November 2021 2 el tasit kredisinde Yapi Kredi yas sorununa cozum sagladi Gazetebanka com p https gazetebanka com Retrieved 21 November 2021 Turkish Daily News 4 February 2003 Watchdog reaches final accord with Cukurova over banks Hurriyet Daily News 10 May 2006 YKB goes into the black on eve of merger with Kocbank UniCredit agrees to cut stake in Turkey s Yapi Kredi to below 32 Reuters 30 November 2019 External links edit 1 Sources editYapi Kredi 2019 Annual Report PDF Yapi Kredi 2019 nbsp This Turkish corporation or company article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Yapi Kredi amp oldid 1207050136, wikipedia, wiki, book, books, library,

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