Company Profile:
Company Profile for Türkiye İş Bankası A.Ş.
Türkiye İş Bankası A.Ş. (often referred to as İşbank) is a bank, not a factory or a trader. It is a financial institution.
Country: Turkey
Sector: Financial Services (Banking)
Company Overview:
Türkiye İş Bankası A.Ş. is one of Turkey's largest and oldest banks. It was founded in 1924 by Mustafa Kemal Atatürk, the founder of the Republic of Turkey, with the aim of supporting the newly established nation's economic development. İşbank has grown to become a comprehensive financial group offering a wide range of banking products and services to individuals, small and medium-sized enterprises (SMEs), and large corporate clients.
Services and Operations:
İşbank's operations encompass various banking segments, including:
1. Retail Banking: Providing services such as deposits, loans, credit cards, investment products, and insurance to individual customers.
2. Corporate and Commercial Banking: Offering financing, trade finance, cash management, and other financial solutions to businesses of all sizes.
3. Investment Banking: Engaging in capital markets activities, asset management, and advisory services.
4. International Banking: Facilitating international trade and finance for its clients.
5. Digital Banking: A strong focus on digital channels, including internet banking, mobile banking, and ATMs, to enhance customer experience and accessibility.
Global Presence:
Beyond its extensive network within Turkey, İşbank also has a presence in several international locations through branches, representative offices, and subsidiaries, serving Turkish businesses operating abroad and international clients.
Contribution:
As a pillar of the Turkish financial system, İşbank plays a crucial role in the country's economic development, supporting various sectors through its lending activities, investment initiatives, and commitment to technological innovation in banking.