HSBC Turkey
HSBC Bank A.S. serves Turkey with a full range of products and services, an uncompromising dedication to customer satisfaction, and a commitment to making the world's local bank Turkey's favourite bank.
Having entered the Turkish market in 1990, the Bank established its presence on the pillars of the strength and prowess of the HSBC Group. It built on this foundation with a deep and broad understanding of the local economy and markets and through specialization in corporate banking and capital markets activities.
| HSBC Bank A.Ş. Financial Highlights |
| 31.03.2008 |
YTL (Thousand) |
| Assets |
14.340.058 |
| Own Resources |
2.069.299 |
| Profit (pre-tax) |
73.983 |
| 31.03.2008 |
% |
| Capital Adequacy |
13.8 |
Partnership structure: HSBC Bank (Turkey) A.Ş. is a wholly owned subsidiary of HSBC Bank plc.
Branches: 300
Customers: Over 3 million customers
Staff: 7,027
Subsdiaries: HSBC Yatırım Menkul Değerler A.Ş., HSBC Portföy Yönetimi A.Ş., HSBC Ödeme Sistemleri Bilgisayar Teknolojileri Basın Yayın ve Müşteri Hizmetleri A.Ş., HSBC İnternet ve Telekominikasyon Hizmetleri A.Ş.
Direct Banking Channels: HSBC rendering quick and practical Internet Banking and Telephone Banking services to its customers, uses recent technology in its ATMs and provides to the customers one of the fastest ATM networks. HSBC Bank Telephone Banking 444 0 111,
HSBC Bank Internet Banking www.hsbc.com.tr and HSBC ATM’s serves 7/24 for banking transactions.
Product Range: Personal financial services, corporate, commercial and investment banking; treasury and capital markets.
Personal Financial Services: Debit Card, Credit Cards, Savings Products, Consumer Loans, Payments and Collections, HSBC Premier, Financial Planning, Insurance.
Corporate/Commercial Banking Services: Credits, Foreign Trade Financing, Islamic Banking, Projects and Exports Financing, Syndications, Custody Services, Local Consultancy Services, Cash Management.
Investment Services: Mutual Funds, Equity Transactions, Portfolio Management.
Treasury and Capital Markets: Treasury Bond and Bills, Eurobond, Spot Foreign Exchange, Futures, All Fixed Income Securities, Gold Operations, Futures and Option Contracts, Other Derivative Products, Money Market Products
Contacts: HSBC Bank A.Ş.
Büyükdere Caddesi
No:122 / D
Esentepe / Şişli
34394 İstanbul
Telephone: (0212) 376 40 00
Faks: (0212) 267 47 94
| Key events in the growth of HSBC Turkey |
| 1990 |
HSBC becomes the first British bank to enter the Turkish market. The Bank is established in Istanbul as Midland Bank Inc. with 100% foreign capital. |
| 1997 |
HSBC launches Personal Financial Services with an extensive product range in addition to corporate banking and capital markets. |
| 1999 |
The name of the Bank is changed from Midland Bank Inc. to HSBC Bank A.S. |
| 2001 |
HSBC Bank A.S. acquires Demirbank T.A.S., Turkey's fifth largest private bank. The acquisition extends HSBC's local network of branches and delivery channels as well as its customer base in personal banking and client portfolio in corporate banking. |
| 2002 |
HSBC Bank A.S. acquires Benkar Tuketici Finansmani ve Kart Hizmetleri A.S., one of the country's top providers of consumer finance, from Boyner Holding A.S. The acquisition includes the Advantage Card, the largest card organisation in Turkey outside the banking sector. |
| 2003 |
After purchasing Advantage Card, instalment and cash point features are added to all HSBC credit cards. |
| 2004 |
HSBC Portfolio Management A.Ş., which was founded on 13.08.2003, starts operating on 06.02.2004. |
| 2005 |
HSBC Portfolio Management manages 8 types of mutual funds, which are 3 A–type and 5 B–type, since the end of 2005.
Moreover, 2 pension funds are managed following the agreement with Anadolu Hayat Emeklilik A.Ş.
During the same year, SME Banking has been established. |
| 2006 |
HSBC Bank A.Ş. has announced its goal of 100% organic growth based on investments in Turkey till 2010. Opening 200 branches and gaining 4000 new employees are part of this growth plan.
In addition, the first Private Banking branch opened at Mayadrom on August 11, 2006 |
| 2007 |
HSBC Portfolio Management has been managing 9 types of mutual funds, which are two A Types, five B Types and two Asset Management Service Funds, since May 2007. |
With its expertise in the domestic market and devotion to serving that market in the forefront of the competition, combined with its distinct advantage in providing privileged access to one of the world's largest financial networks, HSBC Bank A.S. is well-placed to set the pace of banking in Turkey.
