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ICBC Turkey Bank A.Ş., previously known as Tekstilbank A.Ş. was founded in 1986. In 2014, GSD Holding A.Ş sold their 75.5% stock to
Industrial and Commercial Bank of China Industrial and Commercial Bank of China Limited (ICBC; ) is a Chinese multinational bank. Founded as a limited company on 1 January 1984, ICBC is a state-owned commercial bank. With capital provided by the Ministry of Finance of China, the ...
. The acquisition completed in April 2015. In November 2015, the name of the bank changed to "ICBC Turkey". In July 2018, ICBC provided a $3.6-billion loan package for the Turkish energy and transportation sector. The remaining 24.5% stock is public and is operated in
Borsa Istanbul The Borsa İstanbul (abbreviated as BIST) is the sole exchange entity of Turkey combining the former Istanbul Stock Exchange (ISE) ( tr, İstanbul Menkul Kıymetler Borsası, IMKB), the Istanbul Gold Exchange ( tr, İstanbul Altın Borsası, İA ...
. ICBC Yatirim, a subsidiary of ICBC, provides support to stock market investors.


References

Turkish companies established in 1986 Banks established in 1986 Banks of Turkey Companies listed on the Istanbul Stock Exchange Companies based in Istanbul 2015 mergers and acquisitions {{Turkey-company-stub