• Organization TypeInvestment & Finance
  • HeadquartersTurkey

ICBC Turkey

The Bank was part of the GSD Group until May 21, 2015. On 29 April 2014, an agreement was reached to sell the 75.50% share of GSD Holding A.Ş., the main shareholder of the Bank, to the Industrial and Commercial Bank of China Limited (ICBC) Company. banking authority in the China banking Regulatory Commission (CBRC) by was reportedly given approval to the sale transaction on March 20, 2015 in Turkey, the Competition August 20, 2014 date, and 14-29 / 593-259 decree and the banking Regulation and Supervision Agency ' (BRSA) approval was obtained with the decision number 6262 dated April 2, 2015. Following the completion of the related permissions, the Extraordinary General Assembly Meeting was called by the Bank on 22 May 2015 to approve the resignation of the current Board Members and to select new members for the sale of the Public Disclosure Platform on 28 April 2015. The share transfer transaction to be carried out within the scope of the share purchase agreement on May 22, 2015 has been determined as the date of the share transfer, and the share book has been carried out on the relevant date. ICBC acquired shares representing 75.50% capital of Tekstil Bankası A.Ş. owned by GSD Holding A.Ş. Pursuant to the provision of Article 11 of the Communiqué No 26.1 on the mandatory offer of the share purchase proposal, the obligation to make a purchase of shares was raised in order to purchase the shares belonging to other partners. In this sense, ICBC's shareholding rate in the Bank is 75.50%, as a result of the mandatory call for calls made by ICBC, the controlling shareholder of the Parent Bank, pursuant to the “Communiqué on Purchase Proposal No. II-26.1” and ended on 14 August 2015. increased from 92.8%.
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Company Offices

  • Turkey (headquarters)
  • Istanbul
  • Maslak Mah. Dereboyu / 2 Caddesi No: 13 34398 Sarıyer