NCB Capital – NCB’s investment arm – continues to build a market-leading position. Today, it puts advice on asset allocation and a growing discretionary portfolio management business firmly at its center, alongside the firm’s highly regarded mutual funds.
Türkiye Finans Katılım Bankası
Türkiye Finans Katılım Bankası, the leading Turkish participation bank, in which NCB owns a 67.03% shareholding, continued to grow and achieve very promising results.
The Turkish Bank operates as a participation bank, by collecting funds through current accounts and profit sharing accounts, and lending funds to consumer and corporate customers, through finance leases and profit/loss sharing partnerships.
Türkiye Finans’s branch network comprises 286 branches and is the second largest network in Turkey’s participation banking sector. In customer segmentation, the bank refined its processes to provide improved offerings to certain segments.