As the first national private bank of Turkey, Yapı Kredi has set the standards for the Turkish banking sector introducing innovative products and services since 1944. Koç Holding, one of the biggest conglomerat...
As the first national private bank of Turkey, Yapı Kredi has set the standards for the Turkish banking sector introducing innovative products and services since 1944. Koç Holding, one of the biggest conglomerates of Turkey and UniCredit, the largest banking group of Europe hold an equal share in Yapı Kredi which is became the fourth largest private bank of Turkey with more than 19.000 employees and 13 million active customers. One of the 10 most valuable brands in Turkey, Yapı Kredi is a strong franchise with inherent culture of customer-centric core banking focus, innovative banking technologies and sustainable value generation.
Adhering to a customer-centric strategy and segment-based service model, Yapı Kredi delivers its service through a network consisting of 936 branches and more than 4.300 ATMs in addition to its rich-content internet and telephone banking applications.
Yapı Kredi has banks in four different countries: Russia, Azerbaijan, Netherlands and Malta.
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Yapi Kredi Bankasi, established in 1944, is one of the first nationwide private banks in Turkey. It is engaged in credit cards, assets management, non-cash loans, leasing, factoring, private pension funds and non-life insurance. It is 80% owned by Koc Finansal Hizmetler (KFH), whose combined financial services network consists of over 13 million customers and 835 branches in Turkey.
Yapi Kredi was acquired by Mehmet Emin Karamehmet's Çukurova Holding in 1984. In 2003, Çukurova Holding reached an agreement with the Turkish bank regulator to sell the majority of its shares in Yapi Kredi within two years. In 2005, the majority of shares in Yapi Kredi was acquired by the owners of Koçbank. Koç Finansal Hizmetler (KFH) was an equal partnership between Koç Holding and Italian banking giant, Unicredit. In 2006, Koçbank was merged into Yapı Kredi, leaving 80% of Yapi Kredi owned by KFS.