Sekerbank T.A.S.
BBIST:SKBNK3.21
TRY
-0.28
(-7.91%)
ISIN
TRASKBNK91N8
Return %
Stock
S&P 500
1Y
-45.14
14.20
3Y
-8.35
81.12
5Y
415.05
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
- Ayse Aybala Simsek Galpin
- Full Time Employees
- 3,718
- Sector
- Finance
- Industry
- Regional banks
- Address
- Emniyet Evleri Mahallesi Istanbul IB Turkey 34415
- IPO Date
- Apr 10, 1997
- Website
- sekerbank.com.tr
- Similar Companies
- Business
- Sekerbank T.A.S. operates as a commercial bank primarily engaged in providing comprehensive banking services including agricultural banking, business banking, small and medium enterprises (SME) lending, corporate banking, and retail banking primarily in Turkey. The bank’s core products and services include SME loans, corporate and commercial loans, consumer loans such as mortgage and vehicle loans, export-import financing, transaction brokerage, portfolio brokerage, private portfolio management, investment consulting, brokerage and underwriting of public offerings, general custody services, factoring for domestic and international commercial transactions, and financial leasing services. It serves a diverse customer base including small enterprises, agricultural clients, corporations, and retail customers across Turkey, with a strong focus on funding small enterprises and agricultural sectors. Sekerbank T.A.S. also operates subsidiaries including Seker Yatirim Menkul Degerler (investment brokerage), Seker Finansman AS, Seker Faktoring AS, and Sekerbank (Kibris) Ltd in Cyprus. Founded in 1953 and headquartered in Istanbul, Turkey, Sekerbank strives to be among the top private banks in Türkiye by total assets. Recent major developments include Ilbak Holding Anonim Sirketi’s acquisition of a 12.06% stake from Samruk-Kazyna Invest LLP in 2024, representing a significant shareholder base change. Sekerbank continues to expand its digital banking capabilities with advancements such as digital onboarding for individuals, farmers, and sole proprietors, enabling remote agricultural client registration and instant digital loan offerings tailored to farming repayment cycles. The bank has also been active in issuing debt instruments targeting both foreign and domestic investors, including sustainable and green bonds up to $100 million dedicated to ESG-linked financing, underscoring its strategic shift toward sustainability-themed lending. Its loan portfolio now consists predominantly of sustainability-themed loans, including renewable energy and energy efficiency projects. Additionally, Sekerbank strengthened its SME financing position with long-term local currency funding from international partners like FMO, supporting rural Anatolian small farmers and SME segments. As of 2025, Sekerbank employs approximately 3,525 people and has shown strong revenue growth alongside strategic operational enhancements to expand its lending capacity and product innovation in Turkey’s banking sector. This comprehensive product portfolio, geographic focus on Turkey with international subsidiaries, commitment to digital transformation, sustainability financing, and evolving shareholder structure highlight Sekerbank T.A.S.'s current market positioning and strategic priorities as a leading Turkish mid-tier commercial bank.