ICBC Turkey Bank Anonim Sirketi
BBIST:ICBCT13.18
TRY
-0.47
(-3.44%)
ISIN
TRATEKST91N0
Return %
Stock
S&P 500
1Y
-10.77
14.20
3Y
8.93
81.12
5Y
146.82
68.34
Capital Structure
TRY
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in mil. unless spec.Working Capital
TRY
•
in mil. unless spec.Growth Rates
TRY
•
in mil. unless spec.Quarterly Revenue
TRY
•
in mil. unless spec.Quarterly Earnings Per Share
TRY
•
in mil. unless spec.Quarterly Dividends Per Share
TRY
•
in mil. unless spec.Company Description
- CEO
- Shou Jiang Wang
- Full Time Employees
- 630
- Sector
- Finance
- Industry
- Major banks
- Address
- Istanbul Turkey
- IPO Date
- May 23, 1990
- Website
- icbc.com.tr
- Similar Companies
- Business
- ICBC Turkey Bank Anonim Sirketi operates as a commercial bank providing corporate, commercial, retail, treasury, and investment banking services across Turkey. Founded in 1986 as Tekstilbank and headquartered in Istanbul, Turkey, the institution operates as a subsidiary of the Industrial and Commercial Bank of China (ICBC), which acquired a majority stake in 2015. The bank delivers financial solutions through an integrated branch network and digital platforms, segmenting its operations into Corporate and Commercial Banking, Retail Banking, Treasury, and Investment Banking. Its core products and services include corporate lending solutions such as syndicated loans, bilateral working capital facilities, project finance, and letters of guarantee; trade finance and cross-border settlement instruments encompassing letters of credit, export-import financing, and specialized Renminbi (RMB) clearing and foreign exchange services; retail banking offerings such as demand and term deposit accounts, currency-protected accounts, consumer loans, vehicle loans, residential mortgages, overdraft facilities, debit cards, and credit cards issued under UnionPay, Visa, and Mastercard schemes; digital and transaction banking services comprising mobile and internet banking platforms, POS merchant acquiring, WeChat Pay processing, and corporate cash management; treasury and financial market operations including foreign exchange spot and forward contracts, interest rate derivatives, government debt securities, Eurobonds, and repurchase agreements; and capital market and asset management services provided through its subsidiaries ICBC Turkey Yatirim Menkul Degerler A.S. and ICBC Turkey Portfoy Yonetimi A.S., covering equity and fixed-income brokerage, debt underwriting, mutual funds, and discretionary portfolio management. In recent strategic developments, ICBC Turkey has expanded its footprint in sustainable finance and cross-border debt capital markets, serving as a mandated lead arranger and joint bookrunner for major multi-currency sustainable syndicated loans and Eurobond issuances in collaboration with international ICBC branches. The bank has also strengthened its green financing portfolio by extending credit facilities to support clean energy storage and battery manufacturing infrastructure, while executing comprehensive technical upgrades across its core digital banking architecture, QR code payment channels, and bilateral trade settlement frameworks connecting Turkish and Asian markets.