Kuveyt Turk Participation Bank Inc. (Kuveyt Turk) was established in 1989 with the support of renowned shareholders such as the Kuwait Finance House, the Turkish General Directorate of Foundations, the Kuwait Social Security Institution, and the Islamic Development Bank. The bank conducts its activities in İstanbul and has expanded to 85 corporate and retail branches, with one additional foreign branch in Bahrain. Kuveyt Turk employs a total of 1,680 staff members.
When it was founded in 1989, Kuveyt Turk’s equity capital was YTL 19,000. This amount had increased to YTL 270,122,000 as of the end of 2006.
In recognition of its contributions to exporting enterprise, the Turkish Union of Ready-to-Wear and Garment Exporters awarded Kuwait Turk gold medals in 1990 ...
» » »