Neha Patil (Editor)

Türk Ekonomi Bankası

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Type
  
Bank

Industry
  
Banking

Products
  
Financial Services

Customer service
  
00 90 850 200 0666

Founded
  
1927, İzmit, Turkey

Traded as
  
BİST: TEBNK

Key people
  
Mr. Ümit Leblebici

Website
  
www.teb.com.tr

Headquarters
  
Istanbul, Turkey

Türk Ekonomi Bankası httpsuploadwikimediaorgwikipediaenff6TEB

CEO
  
Ümit Leblebici (1 Sep 2013–)

Parent organizations
  
BNP Paribas, TEB Holding A.S.

Subsidiaries
  
TEB N.V., TEB Yatirim Menkul Degerler A.S., The Economy Bank NV, TEB Faktoring A.S.

Profiles

Türk Ekonomi Bankası (Turkish Economy Bank), abbreviated TEB, was founded in 1927 by private investors as a regional bank under the name of Kocaeli Bankası T.A.Ş. in İzmit, Turkey.

In 1981 the bank was purchased by the Çolakoğlu Group, which changed its name to Türk Ekonomi Bankası A.Ş. in 1982. The bank has enjoyed a reputation for prudent and successful management ever since becoming active in commercial and private banking.

In March 2005, TEB signed a joint venture agreement with the French BNP Paribas SA, one of the largest financial services groups in the world. TEB has been aggressively expanding its retail network in Turkey ever since and had 541 branches as of 2013. Ümit Leblebici is the CEO of the bank.

TEB has also two other subsidiaries outside Turkey: TEB NV (The Economy Bank) in the Netherlands, and TEB Sh.A. in Kosovo.

References

Türk Ekonomi Bankası Wikipedia