Last 2.44 TRY
Change Today +0.01 / 0.41%
Volume 196.3K
TEBNK On Other Exchanges
As of 10:26 AM 12/26/14 All times are local (Market data is delayed by at least 15 minutes).

turk ekonomi bankasi (TEBNK) Snapshot

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12/15/14 - 2.63
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10/8/14 - 1.84
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turk ekonomi bankasi (TEBNK) Details

Türk Ekonomi Bankasi Anonim Sirketi provides banking, factoring, securities brokerage, and portfolio management services in Turkey. Its deposit products comprise current deposits, time deposits, and planned accounts. The company’s loan portfolio includes consumer loans, such as general purpose, auto, house, personal financing, yacht, and overdrafts. It also provides investment services, such as mutual funds; stocks/equity trading services; treasury bills/government bonds and Eurobonds; and automatic payment services. In addition, the company offers insurance agency services, including house, office, individual accident, and motor insurance products; account management services; and SWIFT Alliance Lite, an Internet based application for corporates to access SWIFT. Further, it provides expatriate banking, assistance, advisory, information, and concierge services; mortgage solutions to international buyers; Internet and telephone banking services; credit cards and ATM cards; and safe rentals. Türk Ekonomi Bankasi Anonim Sirketi has 546 branches and 1471 TEB Expresses. The company, formerly known as Kocaeli Halk Bankasi T.A.S., was incorporated in 1927 and is headquartered in Istanbul, Turkey. Türk Ekonomi Bankasi Anonim Sirketi is a subsidiary of TEB Holding A.S.

Founded in 1927

turk ekonomi bankasi (TEBNK) Top Compensated Officers

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turk ekonomi bankasi (TEBNK) Key Developments

Türk Ekonomi Bankasi Anonim Sirketi Reports Earnings Results for the Nine Months of 2014

Türk Ekonomi Bankasi Anonim Sirketi reported earnings results for the nine months of 2014. For the period, consolidated net profit rose 13.3% to TRY 515.9 million. Net interest income increased 23.9% to TRY 1.92 billion through September. Net fees and commissions income rose 30.8% to TRY 680 million. The bank turned to net trading loss of TRY 242.5 million from a profit of TRY 87.7 million a year ago.

Turk Ekonomi Bankasi A.S.Appoints Ömer Abidin Yenidogan as Deputy Head of Corporate Investment Banking

Turk Ekonomi Bankasi A.S. announced that Ömer Abidin Yenidogan has been appointed as Deputy Head of Corporate Investment Banking as of 22 October 2014.

Turk Ekonomi Bankasi A.S. Appoints Pascal Alfred J. Gillard as Chief Risk Officer

Pascal Alfred J. Gillard has been appointed as Chief Risk Officer of Turk Ekonomi Bankasi A.S. as of 22 October 2014.


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Valuation TEBNK Industry Range
Price/Earnings 8.4x
Price/Sales 1.9x
Price/Book 0.9x
Price/Cash Flow 8.4x
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