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Pamukbank
Pamukbank T.A.Ş. is a defunct Turkish bank. Founded in 1955 as a privately owned deposit bank, it was taken over by the government's TMSF in 2002, because of a $2.5bn capital shortfall, and merged into Halkbank in November 2004.Turkish Banks AssociationHistorical Data about Closed Banks - tbb.org.tr At the time Pamukbank had 172 branches and 4000 employees. Hurriyet Daily News, 26 March 2004Banking watchdog merges Pamukbank with Halkbank/ref> Pamukbank was formerly owned by Çukurova Holding, and in 2013, Çukurova chairman Mehmet Emin Karamehmet was sentenced to seven years in prison for misuse of loans from Pamukbank. Hurriyet Daily News, 10 May 2013Businessman Karamehmet sentenced to seven years in prison for embezzlement/ref> CEOs * Hüsnü Özyeğin Hüsnü Özyeğin (born 1944) is a Turkish billionaire. He founded Finansbank in 1987 and later sold the Turkish division of the bank. Nowadays, his financial investments are managed under Fiba Holding while non-financial i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bülent Şenver
Bulent Şenver is a Turkish banker and lecturer in finance. Education Bulent Şenver graduated from the Accounting and Finance Department of the Administrative Sciences Faculty at Boğaziçi University. He has been through various trainings in the fields of independent auditing, managerial skills and banking in London, Birmingham, Chicago, Houston, Washington, D.C., Paris, Brussels and Geneva.Curriculum Vitae of Bulent Senver http://www.bulentsenver.com/cv.htm Senver shares his business and leadership experiences in Turk Leader Center in his special room. Career He started to work in the audit division of Arthur Andersen's London office and then, took position in the same company's Istanbul office. As independent auditor and management consultant, he worked for more than twenty Turkish and foreign banks in Turkey during different periods. In order to develop an off-site banking surveillance and an early warning system to be used by the Central Bank of the Turkey, he made stu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Halkbank
Halkbank is a Turkish bank, first incorporated in 1933 as a state-owned bank. After growing throughout much of the twentieth century, it began absorbing smaller-sized state banks around the turn of the millennium. Halkbank is now a publicly traded company, although the majority stakeholder remains the Turkish government. Halkbank is a bank that offers vehicle loans, housing loans, consumer loans and commercial loans. A number of scandals and controversies involving the bank emerged in the 2010s, some of which culminated in arrests of its executives. History Halkbank was incorporated in 1933 and began offering services 1938. Between 1938 and 1950, it was a credit union whose purpose was to provide tradesmen and artisans loans on favourable terms to promote economic growth in Turkey. In 1950, it began opening branches and granting loans to customers. In 1964, Halkbank embarked upon an ambitious program in which its capital was increased and established a nationwide network of bra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Çukurova Holding
Çukurova Holding, established in 1923, is an industrial and commercial conglomerate based in Turkey. It is engaged in a range of sectors such as industrial, construction, communication and IT, media, transportation, financial services and energy.ForbesMehmet Emin Karamehmet/ref> Çukurova Holding managed its newspapers, magazines and radio stations under TurkMedya, in the Çukurova Media Group, but transferred most remaining media assets to the state TMSF in 2013, in settlement of a tax debt. Çukurova has been involved in litigation since 2005 over part-ownership of Turkcell. Media On 18 May 2013 Çukurova Media Group transferred a substantial number of its properties to the state TMSF, in partial settlement of a tax debt. With various media properties closed down in previous years, it leaves Çukurova with few media assets. Digital TV broadcasting and services Digiturk was incorporated as a digital platform in May, 1999. Digiturk purchases, produces and packages Turkish ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hüsnü Özyeğin
Hüsnü Özyeğin (born 1944) is a Turkish billionaire. He founded Finansbank in 1987 and later sold the Turkish division of the bank. Nowadays, his financial investments are managed under Fiba Holding while non-financial investments are managed under Fina Holding. Background The son of a doctor, Özyeğin was born in 1944 in Izmir, Turkey. He graduated from Robert College, in Istanbul in 1963, and claims that he went to the US with just a thousand dollars in his pocket. There, he studied civil engineering at Oregon State University. He then earned an MBA from Harvard Business School. Career Following his return home after three more years in the US, Özyeğin was offered a post in Pamukbank, which belonged to his schoolmate, Mehmet Emin Karamehmet. In 1977, at the age of only 32, he was appointed general manager of this bank and he held this position until 1984. Then he transferred to Yapı ve Kredi Bankası to become its general manager, a much larger bank in Turkey acquired ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mehmet Emin Karamehmet
Mehmet Emin Karamehmet (born 1 April 1944) is the chairman of Turkey's Çukurova Holding conglomerate. He was ranked the 2nd wealthiest person in Turkey and the 401st globally in 2012 Forbes Billionaires list.Forbes- Mehmet Emin Karamehmet/ref> He is one of the most influential and successful businessmen in Turkey with a record of several returns after failures. Background Karamehmet has graduated from Robert College and earned his Bachelors from Dover College, Kent UK, with a degree in Economics. After graduation, Karamehmet returned to his hometown Tarsus, where his father was the head of the local chamber of commerce, and established his first company with the capital of 100.000 TL. In the following years, he started to get more involved in the family company and initiated his own company, Cukurova Holding, which became a conglomerate through the years. Current wealthiest man of Turkey according to Forbes Billionaires list Hüsnü ÖzyeğinForbesHüsnü Özyeğin/ref ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Banks Of Turkey
{{Disambiguation ...
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Istanbul
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Turkey
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1955
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Istanbul
Istanbul ( , ; tr, İstanbul ), formerly known as Constantinople ( grc-gre, Κωνσταντινούπολις; la, Constantinopolis), is the List of largest cities and towns in Turkey, largest city in Turkey, serving as the country's economic, cultural and historic hub. The city straddles the Bosporus strait, lying in both Europe and Asia, and has a population of over 15 million residents, comprising 19% of the population of Turkey. Istanbul is the list of European cities by population within city limits, most populous European city, and the world's List of largest cities, 15th-largest city. The city was founded as Byzantium ( grc-gre, Βυζάντιον, ) in the 7th century BCE by Ancient Greece, Greek settlers from Megara. In 330 CE, the Roman emperor Constantine the Great made it his imperial capital, renaming it first as New Rome ( grc-gre, Νέα Ῥώμη, ; la, Nova Roma) and then as Constantinople () after himself. The city grew in size and influence, eventually becom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
