Creating impact with innovation
Considered as the driving force behind financial stability, the banking industry plays a critical role in establishing sustainable and balanced growth in our country which is taking confident steps to become one of the top 10 economies of the world. Being one of the leading actors of our industry, we have shaped our activities with the mission to add value to our customers lives, the sectors we work with and the bright future of our country to a large extent for 19 years, and we are proud that we are able to move towards our targets with viable business models.
As DenizBank family, we have completed our fourth year in September with Sberbank, the largest bank of Russia, as our shareholder. DenizBank is proud to have the powerful wind of Sberbank, a finance giant of 175 years of history, and to set sail for new routes.
Our bank continues to add value to customers lives via technology today as digital and mobile technologies facilitate our lives like never before and offer precious means such as the easy access to services we need, unbounded by time and space. Continuing to write its success story without a break, DenizBank always designs its activities in line with its development and innovation-oriented vision according to the evolution of the digital world and literally marks its name in all global innovation awards. The Most Innovative Bank of the Year awards we received in the U.S. in 2014 and 2016 and Europe in 2015 translated into a reflection of the passion of innovation that is embedded in our Banks DNA.
Today, with close to 15 thousand employees, we are truly delighted to have become the 5th largest private bank of the country in terms of consolidated assets from a bank with no branches, employees and customers in just 19 years, which can be considered very short for our industry. Our stable growth policy, employment we created in our industry, commercial achievements as well as the added value we provide to our social stakeholders and most importantly, 9.9 million customers, who never left us alone in our brave journey of 19 years, played an significant role in this bright picture that we all witness.
That is precisely why we always place our customers in the core of our activities and mobilize all our means to offer them the newest banking products under one single roof in the fastest way possible in line with our financial supermarket approach. As of September 30th, 2016, we have 733 domestic and international branches in total. We provide efficient service in European countries such as Austria and Germany via our branches abroad.
As we are working to contribute to the stable and sustainable growth of our country, we continue to support projects that will render our future stronger. Taking direct and indirect part in the financing processes of key projects such as the 3rd Bridge, 3rd Airport, TAV Bodrum Airport and Ilısu Dam and Public-Private Sector City Hospitals, we have facilitated nearly USD 1.5 billion. We have provided a support of USD 200 million for infrastructure investments in Turkish Republic of Northern Cyprus with Turkish Republic of Northern Cyprus Drinking Water and Ercan Airport projects in particular. We are the only bank to provide USD 160 million loan for USD 200 million investment cost of Ankara High Speed Train Station project that was opened on October 29th on Republic Day. Thus, we have provided USD 20 billion of long term financing for more than 300 projects in the last decade.
On the other hand, we focus on fields that will trigger economic growth and contribute to the strengthening of companies, their sectors and the Turkish economy on the long run through financing and efficiency tools we provide. We are the leading private bank in the sector with more than 1 million agricultural producers, nearly TL 7.5 billion agricultural loans and 35% market share among private banks. We continue to support projects that will help develop especially infrastructure, energy, health, transport and tourism sectors we prioritize via our expertise in niche sectors. Thanks to these investments, we ensure that SMEs that are backbones of the economy have access funds they need. We provide cost effective opportunities to SMEs via products and services we develop through our subsidiary Intertech that employs nearly 1.000 software and computer engineers and ease their lives.
Since the day of establishment, our bank has focused on people in all business processes and has worked to add value to the lives of personnel, customers and all stakeholders and has never forgotten social responsibilities. We exert efforts to serve the sustainable future of our society and country we operate in.
Our Bank finds supporting the youth equally important as investing in the future of Turkey and is the main sponsor of Community Volunteers Foundation that serves in 77 cities. To support culture and arts in Turkey, DenizBank sponsored International Gümüşlük Classical Music Festival in 2015 and Büyükada leg of the 14th Istanbul Biennial besides 12 year corporate sponsorship of Istanbul State Symphony Orchestra concerts and Orchestra Academic Başkent DenizBank concerts. We became the title sponsor of and also still sponsor First Scenario First Movie contest we organized in 2015 with Turkish Cinema and Audiovisual Culture Foundation to make unique scenario writing more widespread as it is one of the most vital necessities to produce long lasting works of art in Turkey and the world.
Sports must be mentioned as another social responsibility field that is important for our bank. To contribute to the development of sports in Turkey and to encourage sports culture to reach a wide range of people, we make important investments in all branches and especially football. DenizBank was the title sponsor of CEV DenizBank Volleyball Champions league which is the most prestigious volleyball league between the years of 2013 and 2016 and continues as the official CEV partner for 2017, too. On the other hand, we are leading in the sector by providing USD 430 million credit volume to sports clubs. As always and from now on, we will keep on working for our activities to reach and embrace a wide spectrum of society.
President & CEO