Industrial Development Bank of Turkey
 | |
| Company type | Private company |
|---|---|
| Industry | Banking |
| Founded | 1950 in Istanbul, Turkey |
| Headquarters | , |
| Products | Economic development |
| Total assets |  ₺198.7 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]TSKB is majority owned by banks, with over 55% of shares held.[7] The full list of shareholders include:
- Türkiye Iş 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]References
[edit]- ^ "Turkiye Sinai Kalkinma Bankasi (TSKB) – United Nations Environment – Finance Initiative". Retrieved 2023-03-05.
- ^ "ELTI aisbl / European Long-Term Investors - Turkiye Sinai Kalkinma Bankasi A.S. (TSKB)". www.eltia.eu. Retrieved 2023-03-05.
- ^ "Turkey - Eighth Industrial Development Bank (TSKB) Project". World Bank. Retrieved 2023-03-05.
- ^ "TSKB.E | Turkiye Sinai Kalkinma Bankasi A.S. Stock Price & News". WSJ. Retrieved 2023-03-05.
- ^ "Fitch Affirms TSKB at 'B', Outlook Negative; Downgrades VR to 'b'". www.fitchratings.com. Retrieved 2023-03-05.
- ^ "The World Bank Green Finance Project". World Bank. Retrieved 2024-06-20.
- ^ "Ownership Structure". www.tskb.com.tr. Retrieved 2024-06-01.
- ^ "Bizi Tanıyın". 2020-01-30. Archived from the original on 2020-01-30. Retrieved 2023-07-12.