Turk Ekonomi Bankasi — Company card

company Turk Ekonomi Bankasi
full company name Turk Ekonomi Bankasi Inc.
country of risk Turkey
country of registration Turkey
industry Banks
web http://www.teb.com.tr/eng/

Company details

  • pre-LEI / LEI


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. In March 2005, TEB signed a joint venture agreement with the French BNP Paribas SA. Now the majority of its shares is owned by BNP Paribas Group.
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News and documents

Issuer credit rating

Rating AgencyRatingRating scaleDate
Moody's Investors Service *** LT- foreign currency ***
Moody's Investors Service *** LT- local currency ***
Fitch Ratings *** LT Int. Scale (foreign curr.) ***
Fitch Ratings *** LT Int. Scale (local curr.) ***
Fitch Ratings *** National Scale (Turkey) ***
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Outstanding bond issues amount

Сurrency Outstanding bond issues Cumulative volume
EUR 1 175 000 000
TRY 1 303 000 000


Issue Volume, mln Status
Turk Ekonomi Bankasi, 0% 13oct2017, TRY (148D) 303 TRY Bookrunner