The Bank used to be a member of GSD Group, until the date of May 21st, 2015. On April 29th, 2014, an agreement has been reached for the sale of 75.50% of the shares of the Bank, held by GSD Holding A.Ş., the main shareholder of the Bank, to Industrial and Commercial Bank of China Limited (ICBC) and it has been declared that authorisation has been given by the China Banking Regulatory Commission, the banking authority of the People’s Republic of China, for said transaction on the date of March 20th, 2015 and approvals have been taken in Turkey from the Competition Authority, by its resolution dated August 20th, 2014 and no.14-29/593-259 and from the Banking Regulation and Supervision Board (BRSA), by its resolution dated April 2nd, 2015 and no.6262.
Following completion of relevant permissions, a call has been made by the Bank on the Public Disclosure Platform on the date of April 28th, 2015 for an Extraordinary General Assembly Meeting planned to be held on May 22nd, 2015, relating to the sale transaction, for approval of the resolution of existing members of the Board of Director and selecting new members to substitute them. Date of May 22nd, 2015 has been designated as the date of share transfer stipulated to be conducted within the scope of share purchase/sale agreement and on said date, share transfer has been executed and recorded in the share book. As a result of the purchase of the shares representing 75.50% of the shares of Tekstil Bankası A.Ş., held by GSD Holding A.Ş. by it, an obligation has arisen for ICBC to make a mandatory bid offer to purchase the shares held by other shareholders, in accordance with article 11 relating to mandatory bid offer, of the Communiqué Serial II, No.26.1, on Bid Offers, issued by the Capital Markets Board. In this context, as a result of mandatory bid offer transactions made by ICBC, the controlling shareholder of the Main Partnership Bank, according to the “Communiqué Serial II, No.26.1, on Bid Offers”, and which expired on August 14th, 2015; shares of the Bank held by ICBC, increased from 75.50%, to the rate of 92.8%.
Shares other than those held by ICBC, are traded on Borsa İstanbul (İstanbul Stock Exchange – BIST).
On the date of November 13th, 2015, trade name of our Bank has been changed to “ICBC Turkey Bank Anonim Şirketi”.
ICBC Turkey which carries out activities in the fields of Corporate Banking, Commercial Banking, SME Banking and Individual Banking; offers versatile financial services with a customer-driven approach and without sacrificing quality.
ICBC Turkey offers services to its customers permanently through its Head Office in İstanbul, its 44 branches, 44 ATMs all over Turkey, Internet Branch and 444 0 50 Telephone Branch.
ICBC Turkey is a member of
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