TEB

Türk Ekonomi Bankasi (TEB), a reputable and prestigious institution in the Turkish banking sector, was established in 1927. Since its establishment, TEB, with its expanded network of branches and a diversified range of products and services, pursues operating in various fields of the banking sector as investment, leasing, factoring and portfolio management. In February 2005, BNP Paribas, one of the top 10 most important banks in the world and the largest in the Euro zone, operating in 83 countries, became a partner of TEB which went public in February 2000. In the wake of its strategic partnership with the BNP Paribas, Türk Ekonomi Bankasi carries its expertise in foreign trade, corporate, commercial and private banking over into the fields of retail banking and banking for small and medium-sized businesses. Today TEB is one of the major players of the Turkish Financial Services Market with consolidated asset size of 40.5 billion TL and more than 9,000 employees.