Industrial Development Bank of Turkey
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| File:Türkiye Sınai Kalkınma Bankası.jpg | |
| Company type | Private company |
|---|---|
| Industry | Banking |
| Founded | 1950 |
| Headquarters | , |
| Products | Economic development |
| Revenue | Increase ₺30.3 billion (2024) |
| Increase ₺12.8 billion (2024) | |
| Increase ₺10.3 billion (2024) | |
| Total assets | Increase ₺237.5 billion (2024) |
| Total equity | Increase ₺33.5 billion (2024) |
Number of employees | 379 |
| Website | www |
| Footnotes / references [1] [2] | |
The Industrial Development Bank of Turkey (TSKB) is a Turkish investment and development bank, established in 1950. When founded, it was the first privately owned investment bank in Turkey.[1] It is headquartered in Istanbul, with branches in Ankara and Izmir.[2]
TSKB has been supported by the World Bank.[3] In early 2023, its P/E ratio was around 10.[4] In 2022, it was rated B by Fitch.[5]
TSKB is the 14th largest bank and the largest development bank by shareholder's equity in Turkey as of late 2020.[6]
Ownership
[edit | edit source]TSKB is majority owned by banks, with over 55% of shares held.[7] The full list of shareholders include:
- Türkiye İş Bankası, and its subsidiaries (47.68%)
- Vakıflar Bankası (8.38%)
- Held by public, via Borsa Istanbul (43.94%)
TSKB is traded in the Borsa Istanbul (BIST) under the ticker "TSKB".[8]
See also
[edit | edit source]References
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