Finansbank

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Brand information:

Website	Finansbank
Country	Turkey
Industry	Banking and Finance

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QNB Finansbank is a Turkish bank with headquarters in Levent, Istanbul. It was established by leading Turkish banker Hüsnü Özyeğin in 1987 and for a period was the Turkish bank with the largest network of foreign branches. In 2016 the QNB Group headquartered in Doha, Qatar, acquired Finansbank from the National Bank of Greece, which had purchased the bank’s domestic operations back in 2006, spinning the international operations off under the name Credit Europe Bank. As of September 30, 2015, the bank operated with 647 branches and 13,000 employees. In the third quarter of 2015, Finansbank’s profit was 673 million TL; its total loans rose to 57 billion 194 million TL; total assets rose to 90 billion 410 million TL; customer deposit portfolio rose to 47 billion 306 million TL; and total equities reached 8 billion 937 million TL. In late 2015, the National Bank of Greece announced its decision to sell Finansbank to Qatari QNB Group in a deal worth 2.7 billion Euros.

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