Yapı Kredi Leasing
Established in 1987, Yapı Kredi Leasing is 99.99% owned by Yapı Kredi. Having been the sector leader
for the past eight years, Yapı Kredi Leasing holds a market share of 20.7% in leasing receivables this
year. With 146 employees and 14 branches, Yapı Kredi Leasing continues to leave a mark in the
leasing sector and fulfill customer needs at any time, by providing smart solutions through a team of
experts and vast experience. Additionally, it is constantly developing new products for niche areas
such as renewable energy projects leveraging on unique partnership agreements with local and
global suppliers to deliver creative solutions.
In 2017, Yapı Kredi Leasing maintained its leadership in the sector. It continued to secure financing
for machinery investments in the real sector, especially for the manufacturing and construction
Yapı Kredi Leasing will seek to preserve leadership in the sector, consolidate its customer network
and sector positioning in 2018.
Yapı Kredi Factoring
Established in 1999 and 99.95% owned by Yapı Kredi, Yapı Kredi Factoring has been the sector leader
in factoring turnover for the last 17 years, thanks to its robust capital structure and performance,
wealth of experience, high quality service and an expert team of 122.
Yapı Kredi Factoring has a market share of 15.3% in total transaction volume, and 24.2% in
international factoring volume . In addition, the Company reached a total transaction volume of TL
22 billion, of which 70% is derived from domestic transactions and 30% from international
transactions. Yapı Kredi Factoring renders factoring services across the country through its HQ in
Istanbul and branches in Adana, Ankara, Antalya, Beyoğlu, Bursa, Güneşli, Izmir, Kadıköy and Kartal.
In 2017, Yapı Kredi Factoring diversified its funding sources to provide financing to its customers at a
more affordable rate.
The synergy resulting from its close relationship with Yapı Kredi and, particularly, its nationwide sales
and service network, constitutes one of Yapı Kredi Faktoring’s most important service and
Since 2002, Yapı Kredi Factoring has ranked among the top companies in the Factors Chain
International’s Best Export Factoring Company index worldwide. In 2017, the Company was ranked
second with a service quality of “excellent”. Yapı Kredi Faktoring is also a full member of the
Amsterdam-based FCI headquartered as well as a member of the Turkish Factoring Association.
Yapı Kredi Factoring aims to increase customer numbers and penetration in all segments in 2018,
while deepening relationships with existing customers.
Yapı Kredi Bank Nederland
Yapı Kredi Bank Nederland offers a wide array of products and services in retail, corporate and
private banking. The bank’s main objective is to support Yapı Kredi’s customer base residing abroad.
The bank, whose shares are fully owned by Yapı Kredi, serves its customers through its head office in
Amsterdam with 53 employees.
In 2017, the bank continued to perform favorably despite regulatory pressure and volatile market
conditions. Yapı Kredi Bank Nederland offers savings and deposit products to more than 14 thousand
customers in the area of retail banking. In corporate banking, the bank provides structured
commodity finance and trade finance solutions leveraging on synergies with Yapı Kredi and
UniCredit. Yapı Kredi Bank Nederland, while continuing its trade finance activities where market
conditions play a key role,provides its corporate customers marine finance, project finance, cash
management as well as Islamic banking products. In the area of correspondent banking, the bank
assesses the opportunities presented by money and capital markets based on its balance sheet
In 2018, the bank will focus on sustaining its customer satisfaction at the highest level while
increasing profitability by managing its risks effectively and improving its existing processes. The pilot
internet banking service, made available only to a selected group of customers in 2017, will be
offered to the entire customer base in 2018.
Yapı Kredi Malta
Yapı Kredi Bank Malta was established in 2014 and started to operate in 2015. The bank mainly
focuses on serving Yapı Kredi’s corporate and commercial customers. As of the end of 2017, the Bank
increased its total assets to EUR 158 million with a 20% growth over the previous year. This growth is
reflected on profitability as well, with the Bank registering net profits of over EUR 1 million by the
end of 2017. The Bank continued to take positive steps regarding its performance and its compliance
to regulations by taking into account legal requirements.
In 2018, the bank will concentrate on increasing its profitability by expanding its customer base and
strengthening its presence in the market, while considering the relevant risk management factors.
Yapı Kredi Bank Azerbaijan
Yapı Kredi Bank Azerbaijan was established in 1998 and is 99.80% owned by Yapı Kredi. The bank
provides a wide range of products and services in retail and corporate banking through its 8 branches
located in Baku and Sumgait.
The Bank has managed to increase its liquidity to a satisfactory level in 2017, expanding its customer
base and deposit boo. In 2017, customer deposits grew by 14% year-over-year to exceed US$ 203
million, while the number of customers reached 287,000 with an 17% increase. While the banking
sector of Azerbaijan remains under firm regulatory pressure, the Bank continued to reap the benefits
of its efforts towards increasing asset quality despite the market conditions and the uncertainties,
established a strong cost-management culture, and increased its profits by 386% over the previous
year. Its capital adequacy ratio stood at 20.5%, well above statutory limits.
For 2018, the Bank aims to sustain its healthy position in the sector while driving up its customerfocused profitability.
Yapı Kredi Asset Management
Established in 2002, Yapı Kredi Asset Management is one of the leading asset managers in Turkey.
With 60 employees, Yapı Kredi Asset Management operates in a wide range of asset classes, driven
with diversified investment products and services, analytics, and a solid risk management
Yapı Kredi Asset Management, strives to meet investors’ needs in the best way possible through a
wide range of products and services including 33 mutual funds, 35 private pension funds as well as
retail and corporate private asset management models in diversified asset classes designed to fit
investors’ requirements and investment consultancy.In 2017, Yapı Kredi Asset Management
successfully maintained its second ranking in mutual funds with a market share of 18.9% and its total
assets under management reached an all-time high of around TL 21 billion.
The company’s achievements have been recognized by a number of prestigious national and
international awards. Various prestigious local and global institutions awarded Yapı Kredi Asset
Management as Turkey’s best asset management company in different categories in 2017.
In line with the new regulations, Yapı Kredi Asset Management will keep creating innovative
solutions in 2018, as a response to the changing needs of its customers according to their risk
profiles. In this direction, the company aims to further strengthen its pioneering position in the
Yapı Kredi Invest
Yapı Kredi Invest is among Turkey’s leading investment houses with more than 20 years of
experience in capital markets. As a 99.98% owned subsidiary of Yapı Kredi, the company effectively
utilizes the Bank’s wide branch network in reaching over 129 thousand retail and corporate clients.
Aiming to be a one-stop shop in delivering solutions for its customers, Yapı Kredi Invest handles a
wide range of transactions ranging from domestic and international equities to sophisticated
derivative products and advisory services with its 219 experienced employees.
Yapı Kredi Invest carries on to prioritize digital channels to develop simple and rapid solutions
tailored to meet customer needs. Meanwhile, remaining close to customers to better satisfy their
needs and support their decision making process with in-depth research remains a fundamental
element of the company culture.
Yapı Kredi Invest consistently ranks amongst the top tier investment institutions vis-à-vis business
volume and profitability. Despite challenging market conditions in 2017, the company maintained its
leadership position in terms of net income generation, as has been the case since 2008.
In 2018, Yapı Kredi Invest will continue to offer its customers unique, high quality products tailored
to meet their needs in changing market conditions to ensure sustainable growth and development.
Yapı Kredi Invest will also continue to invest in its infrastructure in order to better serve the needs of
Yapı Kredi Koray Real Estate Investment Trust
Established in 1996 and 30.45% of which owned by Yapı Kredi, Yapı Kredi Koray Real Estate
Investment Trust operates in both residential and commercial real estate development. The
company is publicly traded in Borsa Istanbul with a market capitalisation of TL 92.8 million as of the
end of 2017. In 2017, residence sales continued while rental agreements for commercial spaces
finalized at Ankara Çankaya Project. The goal for 2018 is to complete all sales of the residences that
are a part of the project.
Banque de Commerce et de Placements (BCP)
Established in 1963 and 31% owned by Yapı Kredi, Banque de Commerce et de Placements (BCP) is a
Swiss bank headquartered in Geneva with branches in Luxembourg and Dubai. BCP offers its clients
the full service range of a Swiss bank. The bank specializes in commodity trade finance, foreign trade
fianance and asset management as part of its core activities, supported by treasury services and
correspondent banking. In 2017, BCP carefully pursued its expansion strategy of customer base as
well as commodity and geographical area diversification. At year-end, the Bank’s Tier 1 capital
adequacy ratio remained strong at 15.7%.
Allianz Yaşam ve Emeklilik
Allianz, one of the largest insurance companies and asset management groups in the world, serves
86 million customers with over 140 thousand employees in more than 70 countries. As a company
operating under Allianz Turkey, aiming to pioneer next-generation insurance with a focus on
customer satisfaction and technology and to become a social brand improving the society’s life
standards, Allianz Yaşam ve Emeklilik operates in private pension and life insurance, offering
individual and corporate customers a wide range of tailored products. Allianz became the main
shareholder of Yapı Kredi Pension Fund on 12 July 2013 by purchasing 80% of its shares. On 27
September 2013, the name of the company was changed to Allianz Yaşam ve Emeklilik. Yapı Kredi
remained a 20% shareholder in the company to support its long-term strategic partnership with
Allianz. As part of this successful and well-timed transaction, a 15-year exclusive bancassurance
agreement was signed with Allianz. Accordingly, customers continue to benefit from insurance and
private pension products through Yapı Kredi’s extensive branch network and innovative alternative
Yapı Kredi Cultural Activities, Arts and Publishing
Established in 1984 and fully owned by Yapı Kredi, Yapı Kredi Cultural Activities, Arts and Publishing
(YKKSY) is one of the most reputable culture and arts companies in Turkey. YKKSY presents important
publications, cultural events and exhibitions to the society.
Based on Istiklal Street since 1964, Yapı Kredi Culture and Arts Center underwent a four-year
renovation until opening in September 2017 with an exhibition showcasing the Yapı Kredi Collection.
The exhibition was extended by one month due to great public interest, with almost 55 thousand
visitors until the end of the year. The “Helix” Exhibition presents a total of 403 artefacts including
coins, sculptures, paintings, photos, and video arts.
In 2017, Yapı Kredi Publications published 256 new titles and 1,165 reprints, a total of around 5
million books. During the year, around 110 school and library events brought together an
approximate 40 thousand students, teachers and librarians with authors and editors.