Type Public Area served Turkey Founded 1986 | Industry Finance and Insurance Headquarters Istanbul, Turkey | |
Formerly called Tekstilbank (Tekstil Bankası A.Ş.) Traded as BİST: ICBCT
BİST: TKSTL (old) Number of locations 44 branches (2010) in Turkey Stock price ICBCT (IST) TRY 3.01 -0.02 (-0.66%)17 Mar, 6:10 PM GMT+3 - Disclaimer Parent organization Industrial and Commercial Bank of China Subsidiaries Tekstil Bilisim Hizmetleri A.S. | ||
ICBC Turkey Bank A.Ş., previously known as Tekstilbank A.Ş. was founded in 1986. In 2014, GSD Holding A.Ş sold their 75.5% stock to Industrial and Commercial Bank of China. The acquisition completed in April 2015. In November 2015, the name of the bank changed to "ICBC Turkey".
The remaining 24.5% stock is public and is operated in Borsa Istanbul.
References
ICBC Turkey Wikipedia(Text) CC BY-SA