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Denizbank A.S. (Turkiye)

Main Activities: Commercial Banking
Full name: Denizbank Anonim Sirketi Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Denizbank Anonim Sirketi is a financial services group located in Istanbul, Turkey. The bank was acquired by Zorlu Holding in 1997 and has undergone several shareholder changes since then. In 2006, it was acquired by Dexia, a leading European financial group, and in 2012, it began operating under Sberbank, one of the world's largest banks. Most recently, in 2019, the bank's ownership was transferred to Emirates NBD, a leading banking group in the MENAT region. Denizbank offers a wide range of financial services, including banking, factoring, financial leasing, investment, and portfolio management. It operates as a "financial supermarket," providing various financial services under one umbrella. The bank has also made significant investments in technology, establishing the first Digital Banking Department in Turkey in 2012. It has been recognized as the "Most Innovative Bank in the World" multiple times. In addition to its financial services, Denizbank is committed to social responsibility efforts. It supports various strategic areas such as health, sports clubs, municipalities, shipping, tourism, energy, education, infrastructure, and agriculture. The bank also focuses on meeting the needs of small and medium-sized enterprises (SMEs) and develops innovative financing models for this segment. Denizbank operates through its flagship banking institution and several domestic and international subsidiaries. It has a broad service network with 671 branches in Turkey and Bahrain, as well as 14 branch locations of its subsidiary, DenizBank AG, in Vienna. The group also operates in EU countries through DenizBank AG and serves customers with trade relations with Russia through CJSC DenizBank Moscow.

Headquarters
Buyukdere Cad. No:141, Esentepe, Sisli, Istanbul
Istanbul; Marmara; Postal Code: 34394

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Website: http://www.denizbank.com/en

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
April 08, 1997
Key Executives
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Chairman
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Vice Chairman
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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100%
Subsidiaries
Deniz Faktoring A.S.
100%
Deniz Finansal Kiralama A.S
100%
Deniz Immobilien Service Gmbh
100%
Company Performance
Financial values in the chart are available after Denizbank A.S. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency TRY. Absolute financial data is included in the purchased report.
Net interest income
24.87%
Operating profit (EBIT)
59.73%
Net Profit (Loss) for the Period
60.88%
Total assets
87.66%
Total equity
64.8%
Total Assets Trend
29.79%
Net Interest Income Trend
-118.86%
Loans to Deposits Ratio
-6.47%
Loans to Asset Ratio
-5.93%

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