TEB Türkiye Ekonomi Bankası

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Overview

TEB Türkiye Ekonomi Bankası is Turkish commercial bank + BNP Paribas + Çolakoğlu Group 50/50 JV TEB Mali Yatırımlar holding + mid-tier Turkish commercial bank ^{1, Türkiye report}.

History

1927 — Kocaeli Halk Bankası founded as Turkish commercial bank in Kocaeli.

1982 — Renamed Türkiye Ekonomi Bankası TEB distinctive Turkish banking rebrand.

2005 — BNP Paribas acquires 50% stake in TEB Mali Yatırımlar holding with Çolakoğlu Group.

2011 — TEB Fortis Bank Türkiye merger (BNP Paribas Türkiye consolidation).

2013 — TEB CepŞubem mobile banking app launch.

Ownership & operator

Operating entity: Türkiye Ekonomi Bankası A.Ş. TEB (Turkish commercial bank; BNP Paribas + Çolakoğlu Group 50/50 JV).

Major shareholders: TEB Mali Yatırımlar A.Ş. holding ~55%+ controlling (BNP Paribas + Çolakoğlu Group 50/50 JV) + Turkish retail + institutional + foreign investors free float.

Regulators: BDDK + CBRT.

Technical integration

TEB CepŞubem mobile app (iOS + Android) + teb.com.tr online + TEB branch network across Turkey + TEB Visa + Mastercard cards; FAST TR + TR IBAN + TROY QR.

Implementations & partners

BNP Paribas parent: BNP Paribas Mes Comptes (BNP Paribas S.A.; ENXTPA: BNP; French global banking group).

Major Turkish banking + payments competitors: Akbank (Akbank; BIST: AKBNK; Sabancı Holding ~48.45%+ controlling) + Garanti BBVA Turkey (Garanti BBVA Turkey; BIST: GARAN; BBVA Spain ~85.97% controlling) + İşbank (İşCep) (İşbank Türkiye İş Bankası; Turkey's first private commercial bank since 1924) + Yapı Kredi / Yapı Kredi Mobile (SuperApp) (Yapı Kredi; Koç Holding controlling) + Ziraat Bankası (Turkey) (Ziraat Bankası; Turkish state-owned commercial bank; Turkey's largest commercial bank by assets) + Halkbank / Halka Mobile (Halkbank Türkiye Halk Bankası; Turkish state-owned commercial bank) + VakıfBank / VakıfBank Mobile (VakıfBank Türkiye Vakıflar Bankası; Turkish state-owned commercial bank) + DenizBank / MobilDeniz / fastPay (Denizbank; Emirates NBD UAE parent post-2019 acquisition) + QNB Finansbank / QNB Mobil & Dijital Köprü (QNB Finansbank; QNB Qatar parent) + Fibabanka (Fibabanka Turkish commercial bank; Fiba Holding Hüsnü Özyeğin family controlling) + Odeabank (Odeabank; Bank Audi Lebanon parent + Katarlı QIA Qatar Investment Authority).

Regulators: BDDK + CBRT.

Status

Active, Turkish commercial bank + BNP Paribas + Çolakoğlu Group 50/50 JV TEB Mali Yatırımlar holding + mid-tier Turkish commercial bank ^{1, 2}.

Sources

1 TEB — official
2 TEB — Wikipedia
^{Türkiye report} In-corpus: reports/countries/TR-turkey.md

Source

Biography extracted from teb-tr.md. See matrix.md for standards-support matrix if present.