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İşbank
İşbank, officially Türkiye İş Bankası, is a commercial bank in Turkey. Founded by the orders of Mustafa Kemal Atatürk in 1924, it is the first bank to go into operation in the Turkey, Republic of Türkiye. As of a late 2023 report, the bank operates with 1,066 branches domestically, giving it one of the largest branch networks in Turkey. İşbank also has 22 branches across 11 different countries. The bank provides services to 24.3 million customers as of 2023. History Following the culmination of World War I in 1918 and the subsequent dissolution of the Ottoman Empire in 1922, Turkey was declared a republic with Mustafa Kemal Atatürk as the president. Atatürk acknowledged the government’s need for a national financial institution to rebuild Turkey's economy following the debacle of the war. İşbank was founded on 26 August 1924 at the First Economy Congress in İzmir. Atatürk appointed Celâl Bayar, his close aide and then the Minister of Exchange Construction a ...
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İş Yatırım
İş Yatırım Menkul Değerler A.Ş. is the investment bank arm of İşbank, the largest privately owned bank in Turkey. İş Investment had assets totaling 42 billion Turkish Lira in 2023. https://www.isyatirim.com.tr/tr-tr/bizi-taniyin/yatirimci-iliskileri/Yatirimci_Iliskileri_Belgeler/finansal-raporlar/2023/Finansal%20Tablolar_31%20Aral%C4%B1k%202023.pdf History and general information İş Yatırım is described as a leading Investment Bank in Turkey and was established in 1996. İşbank, Türkiye İş Bankası A.Ş. and its group companies hold 70,8% of the ownership shares in İş Yatırım, the rest is free float. Beyond traditional brokerage services, İş Investment focuses on corporate finance, IPO's, investment advisory, asset management and research. It has leading market shares in Equity crowdfunding, equity, Bond (finance), bond, Derivatives market, derivatives and Foreign exchange market, FX trading. In 2002, İş Investment organized the Initial public offeri ...
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ÅžiÅŸecam
Şişecam (official name: Türkiye Şişe ve Cam Fabrikaları) is a Turkish glass manufacturing company. In the 2020 fiscal year, the company operated 43 plants in 14 countries. In terms of production capacity, Şişecam is the largest flat glass manufacturer in Europe and the world's second-largest manufacturer of glass household goods such as drinking glasses according to its own estimates. The product range is supplemented by the production of packaging glass. The company is part of the BIST 100 index of the 100 largest companies listet on the Istanbul stock exchange by market capitalization. Around 50% of shares are owned by İşbank. Şişecam owns the Paşabahçe chain of retail glassware and homeware stores. History The company was founded following a decision by the Council of Ministers, which Kemal Atatürk was behind, in 1934. This decision entrusted Türkiye İş Bankası with the task of developing the Turkish glass industry. The following year, the company Tür ...
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Anadolu Sigorta
Anadolu Anonim Türk Sigorta Şirketi (Anadolu Insurance Company), established on April 1, 1925, by Mustafa Kemal Atatürk, was the first national insurance company of Turkey. It remains one of the largest insurance companies in the country. History Anadolu Sigorta was founded on April 1, 1925, at the initiative of Gazi Mustafa Kemal and under the leadership of İşbank, Turkey's first national bank. Blue Insurance policies marking the introduction of comprehensive insurance system in Turkey and offering 17 types of cover were put on sale for the first time in 1983. The following year, highly acclaimed in by the public and the sector, "Insurance of the Future", the most comprehensive life policy ever offered in Turkey, was introduced. In 1986, representing a new branch in the Turkish insurance business, "Electronic Equipment Insurance" was first started by Anadolu Sigorta. In 1991, Anadolu Sigorta transferred its life insurance branch to Anadolu Hayat Sigorta Şirketi, a newly- ...
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Celâl Bayar
Mahmut Celâlettin "Celâl" Bayar (16 May 1883 – 22 August 1986) was a Turkish economist and politician who was the third president of Turkey from 1950 to 1960. He previously served as the prime minister of Turkey from 1937 to 1939. Bayar began his career in the Committee of Union and Progress, establishing its Izmir and Bursa branches. Following the declaration of the Republic, he founded much of Turkey's early financial institutions, including the country's first bank, İş Bankası. An advocate of liberal economic policies, Mustafa Kemal Atatürk appointed Bayar prime minister in 1937 to liberalize the economy, until he resigned in 1939 under Atatürk's successor, İsmet İnönü. Until 1945, he was a member of Republican People's Party (CHP) which was the sole legal party. In 1946, he founded the Democrat Party along with Adnan Menderes, Fuat Köprülü and Refik Koraltan beginning Turkey's multiparty period, which still goes on to this day. A peaceful transf ...
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Anadolu Hayat Emeklilik
Anadolu Hayat Emeklilik A.Ş. ("Anadolu Life Insurance and Pensions") is the oldest life insurance company of Turkey and remains one of the largest in the country. A subsidiary of İş Bankası, Anadolu Hayat Emeklilik is the first publicly traded private pensions company in Turkey. Founded in 1990 to take over the life insurance activities of Anadolu Sigorta following new legislation Anadolu Hayat Sigorta was transformed into a private pension company in 2003 under the new name Anadolu Hayat Emeklilik A.Ş. Business and activities Anadolu Hayat Emeklilik provides private pension and insurance products that suit most to the future expectations and current conditions of customers via districts sales offices in İstanbul (3), Ankara (2), Adana, Bursa, İzmir, Kocaeli, Antalya and Trabzon, a branch office in the Turkish Republic of Northern Cyprus besides its head office in İstanbul. Anadolu Hayat Emeklilik commands a widespread service organization with its strong bancasurrance n ...
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BeÅŸiktaÅŸ
BeÅŸiktaÅŸ () is a district and municipality of Istanbul Province, Turkey. Its area is 18 km2 and its population is 175,190 (2022). It is located on the European shore of the Bosphorus strait. It is bordered on the north by Sarıyer and ÅžiÅŸli, on the west by Kağıthane and ÅžiÅŸli, on the south by BeyoÄŸlu, and on the east by the Bosphorus. Directly across the Bosphorus is the district of Üsküdar. The district includes a number of important sites along the European shore of the Bosphorus, from Dolmabahçe Palace in the south to the Bebek area in the north. It is also home to many inland (and relatively expensive, upper-middle class) neighborhoods such as Levent and Etiler. Some of its other well-known neighborhoods include Yıldız, KuruçeÅŸme, Ortaköy, and Arnavutköy. BeÅŸiktaÅŸ' historic commercial centre is the BeÅŸiktaÅŸ quarter and Çarşı (literally, "marketplace"), which adjoins the small AbbasaÄŸa Park. The district is home to the oldest sport ...
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Financial Services
Financial services are service (economics), economic services tied to finance provided by financial institutions. Financial services encompass a broad range of tertiary sector of the economy, service sector activities, especially as concerns financial management and consumer finance. The finance industry in its most common sense concerns commercial banks that provide market liquidity, derivative (finance), risk instruments, and broker, brokerage for large public company, public companies and multinational corporations at a macroeconomics, macroeconomic scale that impacts domestic politics and foreign relations. The extragovernmental power and scale of the finance industry remains an ongoing controversy in many industrialized Western economies, as seen in the American Occupy Wall Street civil protest movement of 2011. Styles of financial institution include credit union, bank, savings and loan association, trust company, building society, brokerage firm, payment processor, many ty ...
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Fitch Ratings
Fitch Ratings Inc. is an American credit rating agency. It is one of the three nationally recognized statistical rating organizations (NRSRO) designated by the U.S. Securities and Exchange Commission and is considered as being one of the " Big Three credit rating agencies", along with Moody's and Standard & Poor's. History Fitch Ratings is dual headquartered in New York and London. Hearst owns 100 percent of the company following its acquisition of an additional 20 percent for $2.8 billion on April 12, 2018. Hearst had owned 80 percent of the company after increasing its ownership stake by 30 percent on December 12, 2014, in a transaction valued at $1.965 billion. Hearst's previous equity interest was 80 percent following expansions on an original acquisition of 20 percent interest in 2006. Hearst had jointly owned Fitch with FIMALAC SA, which held 20 percent of the company until the 2018 transaction. Fitch Ratings and Fitch Solutions are part of the Fitch Group. The ...
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Automated Teller Machine
An automated teller machine (ATM) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account information inquiries, at any time and without the need for direct interaction with bank staff. ATMs are known by a variety of other names, including automatic teller machines (ATMs) in the United States (sometimes RAS syndrome, redundantly as "ATM machine"). In Canada, the term automated banking machine (ABM) is also used, although ATM is also very commonly used in Canada, with many Canadian organizations using ATM rather than ABM. In British English, the terms cashpoint, cash machine and hole in the wall are also used. ATMs that are Independent ATM deployer, not operated by a financial institution are known as "White-label ABMs, white-label" ATMs. Using an ATM, customers can access their bank deposit or credit accounts in order to make ...
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Manufacturing Sector
In macroeconomics, the secondary sector of the economy is an economic sector in the three-sector theory that describes the role of manufacturing. It encompasses industries that produce a finished, usable product or are involved in construction. This sector generally takes the output of the primary sector (i.e. raw materials like metals, wood) and creates finished goods suitable for sale to domestic businesses or consumers and for export (via distribution through the tertiary sector). Many of these industries consume large quantities of energy, require factories and use machinery; they are often classified as light or heavy based on such quantities. This also produces waste materials and waste heat that may cause environmental problems or pollution (see negative externalities). Examples include textile production, car manufacturing, and handicraft. Manufacturing is an important activity in promoting economic growth and development. Nations that export manufactured products te ...
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Egypt
Egypt ( , ), officially the Arab Republic of Egypt, is a country spanning the Northeast Africa, northeast corner of Africa and Western Asia, southwest corner of Asia via the Sinai Peninsula. It is bordered by the Mediterranean Sea to northern coast of Egypt, the north, the Gaza Strip of Palestine and Israel to Egypt–Israel barrier, the northeast, the Red Sea to the east, Sudan to Egypt–Sudan border, the south, and Libya to Egypt–Libya border, the west; the Gulf of Aqaba in the northeast separates Egypt from Jordan and Saudi Arabia. Cairo is the capital, list of cities and towns in Egypt, largest city, and leading cultural center, while Alexandria is the second-largest city and an important hub of industry and tourism. With over 109 million inhabitants, Egypt is the List of African countries by population, third-most populous country in Africa and List of countries and dependencies by population, 15th-most populated in the world. Egypt has one of the longest histories o ...
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Alexandria
Alexandria ( ; ) is the List of cities and towns in Egypt#Largest cities, second largest city in Egypt and the List of coastal settlements of the Mediterranean Sea, largest city on the Mediterranean coast. It lies at the western edge of the Nile Delta, Nile River delta. Founded in 331 BC by Alexander the Great, Alexandria grew rapidly and became a major centre of Hellenic civilisation, eventually replacing Memphis, Egypt, Memphis, in present-day Greater Cairo, as Egypt's capital. Called the "Bride of the Mediterranean" and "Pearl of the Mediterranean Coast" internationally, Alexandria is a popular tourist destination and an important industrial centre due to its natural gas and petroleum, oil pipeline transport, pipelines from Suez. The city extends about along the northern coast of Egypt and is the largest city on the Mediterranean, the List of cities and towns in Egypt#Largest cities, second-largest in Egypt (after Cairo), the List of largest cities in the Arab world, fourth- ...
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