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Founded in 1956 and today one of Turkey’s most respected conglomerate, Tekfen Group decided that the bank should move forward with a strategic partner and the outcome of that decision was an agreement with Eurobank EFG
Group. Under this agreement, Eurobank EFG Group acquired a 70% stake in Eurobank Tekfen with the Tekfen Group maintaining its strategic partnership with a 30% share.
Eurobank EFG Group is a European banking
organization with total assets of € 85.9 bn. The
Group employs more than 23,000 people and offers its
products and services both through its network of
over 1,600 branches and points of sale, and
through alternative distribution channels. Eurobank EFG
Group has an established presence in Greece, Bulgaria,
Serbia, Romania, Turkey, Poland, Ukraine, United Kingdom,Luxembourg,
and Cyprus. It is a member of the EFG Group, an
international banking group with presence across
40 countries
Eurobank Tekfenb today has 48 branches, 23 of them in Ýstanbul, through which it provides commercial banking products and services to customers around the country.
With its vision of providing “Financial Services at World Standards of Quality”, Eurobank Tekfen’s mission is to serve all corporate and individual customers by taking a “solution partner” approach.
The bank’s strategic priority now is to strengthen its branch network so as to achieve growth in corporate and commercial banking and also in small-business banking and capital market operations. While pursuing this growth, the national and international rules of the banking profession and the requirements of law will remain tenets with which Eurobank Tekfen will continue to abide by unconditionally, just as they have always been. We believe that as respect for the rules of professional morality increases in general throughout the sector banks as well as markets everywhere will find it possible to do business in a more secure environment.
Customers will continue to be the focal point of all our activities, just as they have always been. Serving its customers, Eurobank Tekfen will remain ever faithful to its enduring values while being open to changes in its sector and the world of business and acting proactively in line with them.
Technology investments are currently being undertaken to reduce costs and to increase the quality of service being offered through a multi-channel, customer-focused organizational structure that takes advantage of alternative delivery channels. At the same time, the bank will also continue to adhere to the soundest and most advanced of risk management policies. Thanks to our collaboration with Eurobank EFG, we will be able to provide our customers with new avenues of access to European markets.
Our fundamental goal is to create a bank that earns the respect of its customers, is admired and actively supported by its employees, and is held in esteem by society both for the services it provides and for its sense of social responsibility. Our accelerated efforts keep going on to reach this goal.
Mehmet Sönmez
CEO
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