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Denizbank - Company Profile Snapshot

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Company Profile: Denizbank
Ticker: DENIZ
Exchanges: IST
2008 Sales: 3,148,500,000
Major Industry: Financial
Sub Industry: Commercial Banks
Country: TURKEY
Employees: 6634

Business Description
Denizbank. The Group's principal activity is providing retail banking, private banking, business banking, commercial banking and corporate banking services. It is presently part of the Dexia Group, which acquired the Bank in May 2006. As of December 31, 2008, it operated a network of 399 branches in Turkey and one branch in Bahrain, including Internet branches and call centers. The Group's subsidiaries contain banks in Austria and Russia, an off-shore banking subsidiary in Northern Cyprus, as well as factoring, leasing, investment and asset management companies. The Bank provides services, such as ship financing and agricultural loans, and supports foreign construction projects and tourism, medical care and education sectors in addition to issuing credit and debit cards, mortgage services, personal, business, commercial and corporate loans, various insurance instruments, investment consulting, portfolio management and cash management services.

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