Istanbul Takas Ve Saklama Bankasi A.S. (Turkiye)

Takasbank is authorized to provide cash and securities settlement transactions as the central clearing and settlement institution to Borsa Istanbul equities, debt securities, foreign securities, derivatives and precious metals markets. Securities delivery/receipt as well as cash obligations of Borsa Istanbul members arising from the buy-sell transactions in the related markets are executed via Takasbank. Another purpose of existence of Takasbank is contribution to the strengthening of capital market risk infrastructure and minimizing intermediation costs in the market by developing an efficient central collateral and risk management system.
Providing cross-border services to market participants, Takasbank represents Turkey in international organizations through the international clearing and settlement institution identity it possesses. In line with the vision to be a preferred institution in international markets, Takasbank continues its studies for many projects aiming to develop its technological infrastructure.