About Finansbank
Finansbank is a company based in Istanbul (Turkey) founded in 1997 was acquired by QNB in June 2016.. Finansbank offers products and services including Ihtiyaç Kredisi, Mevduat, Kartlar, and QNB Invest. Finansbank operates in a competitive market with competitors including UniCredit, Scotiabank, Fibabanka, Bank of America and Akbank, among others.
- Headquarter Istanbul, Turkey
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Qnb Bank A.Ş.
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Products & Services of Finansbank
Finansbank offers a comprehensive portfolio of products and services, including Ihtiyaç Kredisi, Mevduat, Kartlar, and QNB Invest. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Loan for meeting individual cash needs quickly
Savings accounts for secure financial growth
Cards offering payments and rewards programs
Platform for investment services without commissions
Funding Insights of Finansbank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Finansbank
Finansbank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include QNB. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Diversified financial institution
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Finansbank
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Finansbank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Finansbank Comparisons
Competitors of Finansbank
Finansbank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UniCredit, Scotiabank, Fibabanka, Bank of America and Akbank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Commercial bank
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Commercial banking services are provided internationally by Scotiabank.
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Commercial bank
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Commercial banking and asset management services are offered worldwide.
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| domain | founded_year | HQ Location |
Commercial bank with presence in turkey
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| domain | founded_year | HQ Location |
Multiple consumer banking services are provided by Garanti BBVA.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Finansbank
When was Finansbank founded?
Finansbank was founded in 1997.
Where is Finansbank located?
Finansbank is headquartered in Istanbul, Turkey. It is registered at Istanbul, Istanbul, Turkey.
Who is the current CEO of Finansbank?
Abdulla Mubarak Al-Khalifa is the current CEO of Finansbank.
What does Finansbank do?
Finansbank was founded in 1997 and operates as a commercial bank headquartered in Istanbul, Turkey. Core activities include deposit mobilization, lending to corporate and retail clients, and payment processing. Services encompass trade finance, asset management, and digital banking solutions tailored for the Turkish market. The bank is led by CEO Abdulla Mubarak Al-Khalifa, with operations focused on supporting economic activities across the region.
Who are the top competitors of Finansbank?
Finansbank's top competitors include Scotiabank, Bank of America and Garanti BBVA.
What products or services does Finansbank offer?
Finansbank offers Ihtiyaç Kredisi, Mevduat, Kartlar, and QNB Invest.
Who are Finansbank's investors?
Finansbank has 1 investor. Key investors include QNB.
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