TSKB Real Estate Investment Trust (TSKB REIT) was established with a start-up capital of TRY 10 million at the beginning of 2006 as a subsidiary of the Industrial Development Bank of Turkey (TSKB). TSKB REIT’s paid-in capital has been raised to TRY 100 million in November 2008.
TSKB is the first private investment and development bank of Turkey, founded in 1950 with the support of the World Bank and with the cooperation of the Government of the Turkish Republic, the Central Bank of the Turkish Republic and the commercial banks in Turkey. With an extensive customer portfolio and the synergy created by its takeover of Industrial Investment Bank in 2002, TSKB, which will celebrate its 60th anniversary in 2010, is now in a position to monitor a significant part of the Turkish business world, and have access to a large part of it. Its position provides TSKB with a unique superiority in its investment and development banking activities.
TSKB provides service to its customers with its rich product and service range with high added value in the fields of:
• credit and investment activities
• investment banking
• corporate finance services
• capital market intermediary activities and portfolio management.
Taking a leading and guiding role in the biggest and most comprehensive project finance, company acquisitions, mergers and corporate structuring and consulting services, TSKB has a special position among the best-known Turkish brands in global markets. The bank is in versatile, strong and constant cooperation with international financial institutions and banks, especially with the World Bank which played a significant role in its foundation process.
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