ICBC Turkey

ICBC Turkey
Formerly	Tekstilbank (Tekstil Bankası A.Ş.)
Company type	Public
Traded as	BİST: ICBCT; BİST: TKSTL (old);
Industry	Finance and Insurance
Founded	Istanbul, Turkey (1986)
Headquarters	Maslak, Istanbul, Turkey
Number of locations	44 branches (2010) in Turkey
Area served	Turkey
Key people	Xu Keen, Chairman; Gao Xiangyang, CEO
Products	Banking; Investment banking; Investment management
Parent	ICBC
Website	www.icbc.com.tr / www.tekstilbank.com.tr

ICBC Turkey Bank A.Ş.,^[2] formerly known as Tekstilbank A.Ş. was founded in 1986. In 2014, GSD Holding A.Ş sold their 75.5% stock to Industrial and Commercial Bank of China. The acquisition completed in April 2015. In November 2015, the name of the bank changed to "ICBC Turkey".^[3] In July 2018, ICBC provided a $3.6-billion loan package for the Turkish energy and transportation sector.^[4]

Logo of Tekstilbank A.Ş. until 2015

The remaining 24.5% stock is public and is operated in Borsa Istanbul.^[5] ICBC Yatirim, a subsidiary of ICBC, provides support to stock market investors.^[6]

References[edit]

^ "TBB".
^ "Tekstilbank artık ICBC Turkey" (in Turkish). Archived from the original on 12 January 2016. Retrieved 10 February 2016.
^ "Archived copy" (PDF). Archived from the original (PDF) on 2015-09-24. Retrieved 2015-08-06.{{cite web}}: CS1 maint: archived copy as title (link)
^ "Chinese bank to loan $3.6 billion to Turkey". Chinese bank to loan $3.6 billion to Turkey (in Turkish). Retrieved 2018-07-27.
^ "Tarihçemiz" (in Turkish). Archived from the original on 29 February 2016. Retrieved 10 February 2016.
^ Gazete, Banka (20 November 2021). "ICBC Yatırım Hisse Önerileri". Gazete Banka. p. https://gazetebanka.com/. Retrieved 20 November 2021.