Türkiye Kalkinma Bankasi A.S.

Türkiye Kalkinma Bankasi A.S. operates as a development and investment bank in Turkey. The company operates through Treasury and Investment Banking segments. It provides loans, and various development and investment banking products and services; and directs savings into development investments; assists the development of capital markets; and finances various joint ventures. The company's loan products include investment, working capital, renewable energy and energy efficiency, and small and medium enterprises development loans, as well as loans for environment projects, renovation projects in the tourism industry, and infrastructure projects. It also offers investment services, such as treasury bills/government bonds; repo services; mutual funds; and money transfer services comprising electronic fund, foreign currency, account-to-account money, and security transfer services. In addition, the company provides appraisal and expertise services; feasibility study services for assisting investors in strategic decisions of investments; and training and consulting services, including in-service training, training for workers' companies, training offered to other companies, international training, and library and documentation services. Further, it is involved in the provision of financial intermediary and tourism services; chemistry business; distribution of transformers; and financing SMEs. The company was formerly known as Devlet Sanayi ve Isçi Yatirim Bankasi A.S. and changed its name to Türkiye Kalkinma Bankasi A.S. in July 1988. Türkiye Kalkinma Bankasi A.S. was founded in 1975 and is headquartered in Ankara, Turkey.