Thanks to its wide domestic and foreign branches and subsidiary network, vast number of correspondent banks with a wide spread world coverage and high qualified and experienced staff, İşbank is a major player in international trade finance and handles a sizeable portion of the trade finance activities in Turkey. We intermediate quite a high volume of commodity imports like oil, iron and steel of large corporate customers. Meanwhile, we provide letters of guarantee for the Turkish construction companies for their undertakings worldwide. İşbank has also arrangements with all major Export Credit Agencies who are active in Turkey. The international network of İşbank is composed of one branch in the United Kingdom, one branch in Bahrain, one branch in Iraq, 14 branches in The Turkish Republic of Northern Cyprus, one financial subsidiary in Germany (İşbank GmbH with 12 branches in Germany and one branch each in the Netherlands, France, Switzerland and Bulgaria), one financial subsidiary in Russian Federation (the CJSC İşbank, which is currently operating in 15 different locations within the country) and two representative offices in Shanghai and Egypt.
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