September 21, 2014 9:38 PM ET

Banks

Company Overview of Kuveyt Turk A.S.

Company Overview

Kuveyt Turk Katilim Bankasi A.S., a participation bank, provides various corporate and retail banking products and services. It offers private current accounts, participation accounts, and participation account with interim profit share payment. The company also provides consumer credits, such as car, housing, and personal finance services, as well as cards, payments and collections, individual pension, and insurance services. In addition, it offers corporate finance, such as financial leasing, installment commercial finance, and enterprise finance; non-cash finance; and money order/EFT, cheque/promissory note, safe-deposit, fixed exchange rate, and cash management services, as well as money...

Büyükdere Cad. No: 129/1

Esentepe

Istanbul,  34394

Turkey

Founded in 1989

4,798 Employees

Phone:

90 212 354 11 11

Fax:

90 212 354 12 12

Key Executives for Kuveyt Turk A.S.

Chief Executive Officer
Age: 56
Chief Financial Officer
Age: 44
Operation Head
Operation President of Credit Operations
President of Corporate & Trade Risk Monitoring
Compensation as of Fiscal Year 2014.

Kuveyt Turk A.S. Key Developments

Kuveyt Turk Reports Earnings Results for the First Half Ended June 2014

Kuveyt Turk reported earnings results for the first half ended June 2014. For the period, the company net profit was up by 20% to TRY 175 million ($81 million/€61 million). Net profit sharing income rose 28.5% to TRY 509 million.

Kuveyt Turk Announces Earnings Results for the First Quarter of 2014

Kuveyt Turk announced earnings results for the first quarter of 2014. For the quarter, the company reported net profit increased 57.67% year-on-year to TRY 80 million ($39 million/EUR 28 million).

Kuveyt Turk Mulls IPO

Kuveyt Turk A.S. is seeking initial public offering (IPO). Kuveyt Turk may consider an IPO in the coming period after raising its capital by TRY 960 million to TRY 2.06 billion.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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