Dexia in Turkey

In Turkey, Dexia is involved in retail and commercial banking and, through DenizBank, offers services to ordinary account holders, business and local public sector customers and institutional clients.

High Street bank 

Through DenizBank, Dexia offers financial solutions and services that are tailor-made to each customer profile: ordinary account holders, small- and medium-sized businesses, local authorities and institutional operators. The Bank serves its customers through a network of 500 branches that cover the entire country. Its priority sectors are agriculture, energy, tourism, education, health, the sports economy, the construction industry and the maritime sector. To enhance its links with its customers and bring them new high-added-value services, DenizBank has introduced a multi-channel distribution network that includes internet banking facilities, in addition to its network of high-street branches.

Motor for growth

Through DenizBank, Dexia has a solid base in Turkey. The subsidiary ranks sixth among private sector banks in the country. The locomotive for growth for the Group in the region, DenizBank contributes towards Dexia’s diversification. Between Q3 2009 and Q3 2010, DenizBank saw an increase of 14% in its customer base – 483,000 new customers. It also opened 50 new branches. By 2014, Turkey should account for 25% of Dexia Group income.