İŞBANK IMPROVED ITS INTERNATIONAL
STRATEGIC COLLABORATION.
İşbank continued to sign new collaboration
agreements with correspondent banks
and credit agencies in order to add to the
diversity of services offered to customers.
İşbank signed memorandums of agreement
with the Bank of Tokyo Mitsubishi UFJ Ltd.
(Japan) and Mashreqbank PSC (United Arab
Emirates) covering arrangements in relation
to the mutual provision of comprehensive
banking services to customers. A
memorandum of agreement with JBIC was
also executed in 2012 for cooperation under
existing loan agreements and potential
projects.
İŞBANK RECEIVES EBRD FOREIGN
TRADE AWARD.
On 17 May 2012, EBRD named İşbank the
Most Active Confirming Bank in Turkey in
Foreign Trade Finance for the active role
İşbank took on in the intra-regional trade
in 2011 within the scope of the “Trade
Facilitation Programme”.
DEVELOPMENTS IN THE BANK’S
INTERNATIONAL ORGANIZATION
İşbank acts on its vision of becoming first a
regional and then a global bank.
İŞBANK CONTINUED TO EXPAND ITS
INTERNATIONAL SERVICE NETWORK IN
2012.
İşbank incorporated its cross-border
organization into the sustainable profitable
growth strategy it adopted domestically, and
continued to expand its international service
network in 2012.
Acting on its vision of becoming first a
regional and then a global bank, İşbank
focused on markets that have concentrated
economic and commercial relationships
with our country, with a special emphasis
on those located in nearby regions. Focused
review studies have been carried out in
the Pakistani and Egyptian markets, and
analyses were conducted in relation to the
Caucasus, Balkans and the Middle East.
BATUMI AND PRISHTINA BRANCHES
BEGAN OFFERING SERVICES.
İşbank opened one branch in Batumi,
Georgia in July and one in Prishtina, Kosovo
in December.
19 BRANCHES, 2 REPRESENTATIVE
OFFICES
İşbank currently has 19 cross-border
branches: 14 in the Turkish Republic of
Northern Cyprus and one each in the
U.K., Bahrain, Iraq, Georgia and Kosovo. In
addition, İşbank has one representative
office each in China and Egypt.
ACTING ON ITS VISION
OF BECOMING FIRST
A REGIONAL AND
THEN A GLOBAL BANK,
İŞBANK FOCUSED ON
MARKETS THAT HAVE
CONCENTRATED ECONOMIC
AND COMMERCIAL
RELATIONSHIPS WITH
OUR COUNTRY, WITH A
SPECIAL EMPHASIS ON
THOSE LOCATED IN NEARBY
REGIONS.
INTRODUCTION
ACTIVITIES
CORPORATE GOVERNANCE
FINANCIAL INFORMATION AND RISK MANAGEMENT
51
İŞBANK
ANNUAL REPORT 2012
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