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About DenizBank

From a single bank to a large, financial services group

DenizBank at a Glance

DenizBank was acquired by Zorlu Holding from the Privatization Administration in 1997, then joined Dexia, one of the leading financial groups of Europe in October 2006, followed by Sber, the largest state-owned bank in Russia in September 2012; and finally the shares were transferred to Emirates NBD, the leading banking group of the MENAT region on July 31st 2019.

DenizBank entered agricultural banking for the first time in its sector by purchasing Tarişbank in 2002, and in addition to factoring, financial leasing, investment and asset management companies, it also acquired DenizBank AG, the largest Turkish bank abroad, and DenizBank Moscow, one of Russia's most important financial institutions. DenizBank which also acquired its technology subsidiary Intertech in the same period, started to continue its activities under the legal entity DenizBank Financial Services Group (DFSG), which gathers different financial services under the same roof in 2003.

In 2013, Citi's Retail Banking Division in Türkiye was purchased and the customer base was expanded, and the Bank's new generation subsidiary NEOHUB was established in 2021 to bring start-ups that will expand abroad from Türkiye into the entrepreneurship environment.

DenizBank Financial Services Group currently consists of six domestic, two international financial subsidiaries, seven local non-financial subsidiaries, and one branch each in Bahrain and Kyrenia.

A bank that works with a focus on benefiting society and people

DenizBank, which has aimed to use financial resources efficiently and rationally with the aim of contributing to Türkiye’s economic and social development since its establishment, works with the focus of creating benefit for its country, shareholders, employees and customers.

With this approach, it plays a leading role as a project bank in the financing of tourism, maritime, education, health, infrastructure, energy and sports, all of which have a significant positive impact on the country's economy and growth, and is a leader among private banks in agriculture.

At the same time, aware of the role played by the financial sector in the green transformation, DenizBank treats sustainability as its basic principle and integrates a sustainability perspective to every stage of its business processes, especially the support of SMEs, manufacturers and women entrepreneurs, the accessibility of banking services, and financial solutions that support the transition to a low-carbon economy.

DenizBank also makes significant investments in culture and arts, which are important pillars of social development, and as of today, it is the main sponsor of the Presidential Symphony Orchestra, Istanbul State Symphony Orchestra, Izmir State Symphony Orchestra and State Polyphonic Choir.

Deniz Invest, Deniz REIT, Deniz Asset Management, Deniz Leasing, Deniz Factoring, DenizPay, Intertech, Neohub, Neohub Cloud, Deniz Culture, Express, Açık Deniz Radio-TV and Bantaş are the Group’s local subsidiaries whereas DenizBank AG and DenizBank Moscow are international subsidiaries.

DenizBank, which has a widespread service network, has a total of 630 branches in Türkiye, Kyrenia and Bahrain, and its subsidiary DenizBank AG in Vienna has a total of 14 branches. While the Group operates in EU countries with DenizBank AG, DenizBank Moscow provides services abroad to its existing customers doing business with Russia.

TL million(1) 30.09.2024
Total Assets 1,536,198
Cash Loans 762,085
Deposits 926,166
Shareholders Equity (inc. Subordinated loan) 150,404
Number of Branches(2) 659
Number of Customers-million 18.9
Net Profit 33,810

(1) Consolidated BRSA figures

(2) Including subsidiaries branches