QNB Finansbank A.S.

Detailed Description

QNB Finansbank A.S. provides various banking products and services in Turkey. It offers deposit products, including savings, daily yield, gold, and payroll accounts; time and demand deposits; consumer, auto, and mortgage loans; payments services; safe deposit boxes; and various insurance products comprising life, workplace, unemployment, auto, home, professional liability, personal accident, and e-insurance, as well as overdrafts, bank and credit cards, and support products. The company also provides investment products, such as treasury bills and government bonds, bank bills and bank bonds, Eurobonds, mutual funds, capital guaranteed and exchange traded funds, deposits fund, derivatives, and repo and stocks, as well as private portfolio products. In addition, it offers cash management, foreign trade, and corporate banking services; and financial leasing and factoring services, as well as private pension products. Further, the company provides portfolio management, custody, and asset and wealth management; international banking; and merchant services, as well as guarantees and agriculture banking. Additionally, it offers wholesale and commercial banking products, including structured and project finance, transaction banking, financial institutions, treasury, investment banking, and advisory services. As of December 31, 2020, it operated through a network of 473 domestic branches, one off-shore branch, and one airport branch. The company was formerly known as Finansbank A.S. and changed its name to QNB Finansbank A.S. in January 2018. The company was incorporated in 1987 and is headquartered in Istanbul, Turkey. QNB Finansbank A.S. operates as a subsidiary of Qatar National Bank (Q.P.S.C.).