 | |
| Company type | Private company |
|---|---|
| Industry | Banking |
| Founded | 1950; 75 years ago (1950) in Istanbul, Turkey |
| Headquarters | Istanbul, Turkey |
| Products | Economic development |
| Total assets |  ₺198.7 billion (2024) |
| Number of employees | 379 |
| Website | www |
| Footnotes / references | |
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. It is headquartered in Istanbul, with branches in Ankara and Izmir.
TSKB has been supported by the World Bank. In early 2023, its P/E ratio was around 10. In 2022, it was rated B by Fitch.
TSKB is the 14th largest bank and the largest development bank by shareholder's equity in Turkey as of late 2020.
Ownership
TSKB is majority owned by banks, with over 55% of shares held. 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".
See also
References
- "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.