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Yapi Kredi Bank

yapikredi.com.tr

About Yapi Kredi Bank

Yapı Kredi Bank is a bank in Turkey, with more than 900 branches and over 13 million active customers. The financial institution also operates the sixth largest credit card program in Europe, as well as one of the largest financial call centers in Turkey in terms of agents and contact volume.

Headquarters Location

Turkey

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Latest Yapi Kredi Bank News

UniCredit completes sale of Turkey's Yapi Kredi

Apr 1, 2022

04/01/2022 | 05:48am EDT Message : *Required fields MILAN (Reuters) - UniCredit has finalised the sale of its remaining 18% stake in Turkey's Yapi Kredi Bank to Istanbul-listed Koc Holding, Italy's second-biggest lender said on Friday. The transaction, which was announced in November, allows the Italian bank to complete its exit from Turkey's third-biggest lender, UniCredit said without disclosing financial terms of the deal. The closing of the transaction is expected to improve UniCredit's CET1 capital ratio by mid to high single-digit percentage points in the second quarter of 2022, the bank said. UniCredit had said in November that it expected its best-quality capital to gain a low to mid single-digit uplift, adding that it would receive 300 million euros ($332 million) from the sale. Koc Holding and UniCredit agreed in 2019 to unwind the joint venture through which they jointly controlled Yapi with a near 82% overall stake. The move handed UniCredit a direct 31.9% stake, of which 12% was sold in February 2020. ($1 = 0.9036 euros)

Yapi Kredi Bank Frequently Asked Questions (FAQ)

  • Who are Yapi Kredi Bank's competitors?

    Competitors of Yapi Kredi Bank include Interaktif Kredi and 4 more.

Compare Yapi Kredi Bank to Competitors

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Interaktif Kredi

Interaktif Kredi provides credit consultancy services to individuals and institutions. It provides services such as credit reports, rental reports, and credit consulting. It is a software that provides financial reports to users for artificial intelligence-based decisions. The company was founded in 2010 and is based in Istanbul, Turkey.

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Inci Holding

Inci is a holding company. The company, through its subsidiaries, provides automotive and leisure products, as well as insurance services throughout Turkey. It is based in İzmir, Turkey.

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Interaudi Bank provides personalized and commercial private banking and financing services. Its services include checking and savings accounts, online banking and transfer services, foreign currency exchange, and debit and credit cards. It also offers asset management services. Interaudi Bank was founded in 1983 and is based in New York, New York.

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