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.
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 March 31, 2017, we have 739 domestic and international branches in total. We provide efficient service in European countries such as Austria and Germany via our branches abroad.
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.
On the other hand, we focus on fields that will trigger economic growth and contribute to the strengthening of Turkish economy on the long run such as agriculture, infrastructure, energy, health, transport and tourism via our expertise in niche sectors. We are the leading private bank in the sector with more than 1 million agricultural producers, nearly TL 9 billion agricultural loans and 40% market share among private banks. We also put great emphasis on SMEs, as the backbones of our economy, to ensure that they have access to funds they need. We are pleased to provide CGF secured credits to all SMEs by our expert staff in branches. In addition, Nefes Loan project that we realized in cooperation with the Union of Chambers and Commodity Exchanges of Turkey (TOBB) and Credit Guarantee Fund in line with our motto life begins at breath is of great importance for us.
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.
Since the day of establishment, our bank has focused on creating value for each individual, thus the society in all its business levels. Taking culture and arts as two important components for the sustainable growth of our country, we are the corporate sponsorship of Istanbul State Symphony Orchestra concerts for 12 years apart from our support for Orchestra Academic Başkent DenizBank concerts, International Gümüşlük Classical Music Festival (2015) and Büyükada leg of the 14th Istanbul Biennial (2015). Realizing the First Scenario First Movie contest in 2015 with Turkish Cinema and Audiovisual Culture Foundation, we became the title sponsorship of the same event in 2016, 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 this area. 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 partner of CEV for 2017, too. On the other hand, we are leading in the sector by providing USD 430 million credit volume to sports clubs.
Completing our fifth year in September with Sberbank, the largest bank of Russia, we take full responsibility to provide support for the economic, social and cultural relationships between Russia and Turkey. Having Sberbank, Russias financial giant -who has witnessed 175 years of the 500 years of destiny partnership between Turkey and Russia- as our shareholder is a great impulsive force for our bank in our efforts to vitalize the collaborative relations between two countries. 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