Turkey

HSBC Bank A.S.

Ayazaga Mahallesi Ahi Evran Caddesi Dereboyu sokak  34398  Maslak -Istanbul

Tel: 90 212 366 30 00
Fax: 90 212 366 3383 / 3384

Chief Executive Officer: Piraye Y Antika

The HSBC Group opened its first office in Turkey in 1990. Since that time, HSBC has become an established and successful provider of financial services, offering banking, fixed income, mutual funds and stockbroking services to personal, corporate and institutional customers. HSBC has built a strong reputation for its understanding and knowledge of the unique needs of customers in Turkey.

In October 2001, HSBC acquired Demirbank TAS, the fifth largest private bank in Turkey, and its wholly-owned stockbroking and fund management subsidiary, Demir Yatirim.

The merger of HSBC Bank A.S and Demirbank was successfully completed in December 2001. The combined bank, HSBC Bank AS, has a network of 187 branches and offers a comprehensive range of products and services to corporate, commercial and personal customers. In addition to a nationwide network of branches, HSBC offers telephone banking, internet banking and ATM services in Turkey.

On 8 August 2002, HSBC Bank A.S had signed a Sale and Purchase Agreement for the acquisition of Benkar Tuketici Finansmani ve Kart Hizmetleri A.S. (Consumer finance and card services) and the Advantage brand from Boyner Holding A.S. The purchase of Benkar was completed on 19 September 2002.

Through the acquisition of Benkar, HSBC is complementing its extensive financial services portfolio in Turkey and will now provide HSBC customers with instalment cards. At the same time the bank will provide qualifying Advantage card customers with an international credit card and other banking services.

HSBC Yatırım Menkul Değerler A.S.

Ayazaga Mahallesi Ahi Evran Caddesi Dereboyu sokak  34398  Maslak -Istanbul

Tel: 90 212 366 17 00
Fax: 90 212 366 33 49

HSBC Yatırım Menkul Değerler A.S., wholly owned subsidiary of HSBC Bank A.S., is a member of the Istanbul Stock Exchange as well as Turkish Derivatives Markets, VOBAS. It offers full equity and futures brokerage both to domestic and international investors in addition to advisory services. With its local research team on the field, HSBC Yatırım provides most updated macro and company/sector reports to its clients.

HSBC Portfoy Yonetim A.S.

Ayazaga Mahallesi Ahi Evran Caddesi Dereboyu sokak  34398  Maslak -Istanbul

Tel: 90 212 366 16 30
Fax: 90 212 366 33 49

HSBC Portfoy Yonetim A.S., wholly owned subsidiary of HSBC Yatırım, is one of the leading asset management companies in Turkey with total Funds Under Management (FUM) adding up to c. USD 1 billion. HSBC Portfoy manages three equity and five fixed income mutual funds domiciled in Turkey and offered to public through HSBC Bank's distribution channels. In addition, HSBC Portfoy acts as the fund manager of two private pension funds (equity and fixed income) established by Anadolu Hayat as well as providing sub-advisory service to Turkish Convergence Funds domiciled in Luxembourg.

HSBC Private Bank (Suisse) SA, Representative Office

Bronz Sokak, Bize Göre Apt. 5/2, Macka, Istanbul, Turkey

Tel: 90 212 234 51 55
Fax: 90 212 234 44 74

Private banking services are provided to Turkish residents through the Representative Office of HSBC Private Bank (Suisse) SA, located in Istanbul.

HSBC Guyerzeller Bank AG

Turkey Representative Office
Swissotel Residence, Bayildim cad No. 2, Daire: 2201-2202, Macka Besiktas, 80680 Istanbul

Tel: (+90) 212 327 41 27
Fax: (+90) 212 327 41 30