About Us
TEB Finansman Anonim Şirketi (“Company”) was established on September 21, 1995 and started to provide loans to real-persons and legal entities in August 1996
The transfer of all shares of TEB Finansman A.Ş. from BNP Paribas Personal Finance S.A. and TEB Holding A.Ş. to Türk Ekonomi Bankası A.Ş. was completed on 23.01.2023 since that date Türk Ekonomi Bankası A.Ş. has become the sole shareholder of TEB Finansman A.Ş
The company's new shareholder, Türk Ekonomi Bank, consider the automotive sector strategically prioritized area. They aim to meet the demands of automotive distributors and authorized dealers, with whom they have had long-standing commercial agreements and hold significant market share in the automotive sector.To enhance service quality and provide more favorable financial conditions, a restructuring process have been implemented within TEB Finasman A.Ş.,aligned with synergy project alongside the main partner bank.
TEB Finansman carries out activities to increase group synergy with different business lines and subsidiaries of TEB and BNP Paribas. The company benefits from the international experience of BNP Paribas Group in its activities and carries out joint projects. The company's goal is to provide comprehensive and integrated solutions to the automotive sector, focusing on electric vehicle financing and taking an active role in projects that support the group's sustainability vision and goals.
Türk Ekonomi Bankası (TEB)
Türk Ekonomi Bankası, the first institution of "TEB Group" has started its operations in 1927. It is the founder and shareholder of many TEB Group companies. In the 1980’s while banks usually serviced customers with a network or branches throughout the country, TEB was well known mostly for its operations in foreign trade financing and investment advisory services.
A pioneer in private banking in the Turkish market, TEB continues to hold a respected and privileged position through an extended network of branches, product and service range as well as its subsidiaries in various fields such as investment, leasing, factoring, insurance and portfolio management in the finance industry.