The best companies balance their values that ensure sustainable growth with their capabilities and resources at the optimal level.
TEB is one of those companies.
Ambition and commitment, innovation and creativity, respectability and reliability are the foundational values of the powerful brand TEB has built over many years.
These values also light TEB’s way forward and guide its future roadmap.
TEB has provided services to its customers for 83 years...
Kocaeli Halk Bankası T.A.Ş., a small local bank originally founded in 1927, was acquired by Çolakoğlu Group in 1982 and renamed Türk Ekonomi Bankası A.Ş. (TEB). The Bank is the founder and principal stockholder in most of the members of the TEB Group.
TEB is a pioneer in private banking in our country...
At the beginning of the 1990s, TEB pioneered the introduction of private banking as a separate business line in Turkey. The respected and distinguished position that the Bank enjoyed in the sector was further enhanced by subsidiaries active in investment, leasing, factoring and asset management as well as by an expanded branch network and by more diversified products and services.
TEB’s first public offering was in 2000.
TEB went public in 2000 when a 20.4% block of its shares was offered to investors and began trading on İstanbul Stock Exchange's National Market under the symbol TEBNK. TEB stock was also listed on the London Stock Exchange's depository receipt market.
Detailed information about the shareholding structure of TEB and TEB Shares can be found on pages 7 and 8 of this Report. Up-to-date information about TEB shares can also be followed on the Bank’s web site at www.teb.com.tr.
BNP Paribas partnership is a milestone in TEB's corporate history.
On 10 February 2005, control of a 50% stake in TEB Mali Yatırımlar A.Ş., TEB's principal shareholder, was transferred to BNP Paribas, a major international bank and one of the leading financial institutions in the European Union. As a result of this transaction, BNP Paribas acquired a 42.125% indirect stake in TEB.