Industrial Development Bank of Turkey

The Industrial Development Bank of Turkey (TSKB) was Turkey’s first privately-owned investment and development bank and was established in 1950.[1] Its headquarters are in Istanbul.[2]

Industrial Development Bank of Turkey
TypePrivate company
IndustryBanking
Founded1950 (1950) in Istanbul, Turkey
Headquarters
Istanbul
,
Turkey
ProductsEconomic development
Websitewww.tskb.com.tr/en

47.68% of the bank's shares are owned by Türkiye İş Bankası and its Group companies and 8.38% by Türkiye Vakıflar Bankası, while the remaining 43.94% is traded on the Borsa Istanbul (BIST) under the ticker "TSKB."[3]

It has been supported by the World Bank.[4] In early 2023, its P/E ratio was around 10.[5] In 2022, it was rated B by Fitch.[6]

References
  1. "Turkiye Sinai Kalkinma Bankasi (TSKB) – United Nations Environment – Finance Initiative". Retrieved 2023-03-05.
  2. "ELTI aisbl / European Long-Term Investors - Turkiye Sinai Kalkinma Bankasi A.S. (TSKB)". www.eltia.eu. Retrieved 2023-03-05.
  3. "Bizi Tanıyın". 2020-01-30. Archived from the original on 2020-01-30. Retrieved 2023-07-12.
  4. "Turkey - Eighth Industrial Development Bank (TSKB) Project". World Bank. Retrieved 2023-03-05.
  5. "TSKB.E | Turkiye Sinai Kalkinma Bankasi A.S. Stock Price & News". WSJ. Retrieved 2023-03-05.
  6. "Fitch Affirms TSKB at 'B', Outlook Negative; Downgrades VR to 'b'". www.fitchratings.com. Retrieved 2023-03-05.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.