Turkey
HSBC Bank A.S.
Esentepe Mahallesi Buyukdere Cad. No: 128 Sisli-Istanbul
Tel: 90 212 376 40 00
Fax: 90 212 336 30 00
Chief Executive Officer: Martin D Spurling
The HSBC Group opened its first office in Turkey in 1990 and was the first International Bank to invest in Turkey after the economic turmoil of 2001.
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. This was followed by another successful acquisitions in 2002, Benkar Consumer finance & card services and Advantage brand.
HSBC has grown through both organic and inorganic growth in Turkey; with significant branch expansion in recent years HSBC Bank AS, has now a network of 333 branches and offers a comprehensive range of products and services including corporate and investment banking, commercial and business banking, retail banking and cards, insurance, asset management, brokerage and factoring. In addition to a nationwide network of branches, HSBC offers telephone banking, internet banking and ATM services in Turkey.
HSBC Yatırım Menkul Değerler A.S.
Esentepe Mahallesi Buyukdere Cad. No: 128 Sisli-Istanbul
Tel: 90 212 376 40 00
Fax: 90 212 336 30 00
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.
Esentepe Mahallesi Buyukdere Cad. No: 128 Sisli-Istanbul
Tel: 90 212 376 40 00
Fax: 90 212 336 30 00
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 1.2 billion. HSBC Portfoy manages nine mutual funds and six capital protected funds, all domiciled and offered to public through HSBC Bank's distribution channels in Turkey. 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 advisory service to HSBC Turkey Equity Global Investment Fund domiciled in Luxembourg. In addition HSBC Portfoy provides advisory service to Principal Investments business line of HSBC Bank Plc, whose business objective is to invest directly to the real sector corporations incorporated and operating in Turkey.
HSBC Private Bank (Suisse) SA, Turkey Representative Office
Suleyman Seba cad. F2 Residence, Kat:2 Daire 11, Akaretler - Besiktas, 34357 Istanbul, Turkey
Tel: +(90) 212 327 4127
Fax: +(90) 212 327 4130
Private banking services are provided to Turkish residents through the Representative Office of HSBC Private Bank (Suisse) SA, located in Istanbul.
