Yapi Kredi Snapshot
Yapi ve Kredi Bankasi (Yapi Kredi for short) provides financial services -- including retail and corporate banking -- in Turkey through more than 660 branches and about 1,875 ATMs. It also has an offshore banking branch in Bahrain and subsidiary banks in Azerbaijan, Germany, the Netherlands, and Russia. Yapi Kredi, which launched the first credit card in Turkey in 1988, now has 5.4 million cardholders. The company also provides leasing, factoring, mutual funds, insurance, investment banking, and brokerage services. Koç Financial Services (KFS), which is jointly owned by UniCredit and Koç Holding, owns 82% of Yapi Kredi, which was founded in 1944.
