TÜRKİYE İŞ BANKASI A.Ş.
Notes to the Consolidated Financial Statements for the Year Ended
31 December 2012
196
İŞBANK
ANNUAL REPORT 2012
Its associate;
• ARAP-TÜRK BANKASI A.Ş.
is accounted under equity accounting method.
At the same time, special purpose entities established for the Bank’s securitization debt transactions
• TIB Diversified Payment Rights Finance Company
• TIB Card Receivables Funding Company Limited
are consolidated in the consolidated financial statements in accordance with the Interpretation No 12 of Turkish Accounting Standards
“Consolidation – Special Purpose Entities”.
Consolidated companies are active in the areas of banking, insurance and reinsurance, private pension, reinsurance, finance leasing,
factoring, real estate investment, brokerage, investment consulting, portfolio and asset management. Those companies are explained
below.
Anadolu Anonim Türk Sigorta Şirketi
The Company was established in 1925 and operates in almost all non-life insurance. The headquarter of the Company is in Istanbul. The
Company’s shares are traded in the İstanbul Stock Exchange (ISE).
Anadolu Hayat Emeklilik A.Ş.
The Company was founded in 1990 and its headquarter is in Istanbul. The company’s main activities are private individual or group pension
and life insurance. There are 21 private pension funds founded by the company. The company’s shares are traded in the Istanbul Stock
Exchange (ISE).
Camiş Menkul Değerler A.Ş.
Founded in 1984, the Company operates in the capital market as a brokerage house.
CJSC İşbank
The Bank, which was founded in 1998 and headquartered in Moscow, has also branches in Volga, Saint-Petersburg, and in Novosibirsk. The
Bank gives commercial banking services in the Russian Federation, which mainly consists of deposit, loan and brokerage operations.
Efes Varlık Yönetimi A.Ş.
The field of activity of the company, which was founded in February 2011 is to purchase and sell the receivables and other assets of deposit
banks, participation banks and other financial institutions. The Company’s headquarter is in İstanbul.
Is Investment Gulf Ltd.
The purpose of the Company, which was founded in Dubai in the year 2011, is to operate in capital markets in the gulf region.
İş Factoring Finansman Hizmetleri A.Ş.
The field of operation of the Company, which operates in the factoring sector since 1993, is domestic and foreign factoring operations. The
Company’s headquarter is in İstanbul.
İş Finansal Kiralama A.Ş.
The Company, whose field of activity is financial leasing within the country and abroad started its business in 1988. The headquarters of
the Company is in Istanbul. The Company’s shares are traded in the İstanbul Stock Exchange (ISE).
İş Gayrimenkul YatırımOrtaklığı A.Ş.
The Company whose main field of activity is investing in real estate, capital market instruments backed by real estate, real estate projects
and capital market instruments is conducting its business in the sector as a real estate investment trust since 1999. The Company’s shares
are traded in the İstanbul Stock Exchange (ISE) since its establishment.
İş Girişim Sermayesi YatırımOrtaklığı A.Ş.
Having started its venture capital business in the year 2000, the Company operates in five fields; informatics, sound and communication
systems, producing and commerce of orthopedic products, sport clothing and commerce and restaurant management. The company’s
shares are traded in the İstanbul Stock Exchange (ISE) since the year 2004.
1...,188,189,190,191,192,193,194,195,196,197 199,200,201,202,203,204,205,206,207,208,...300