DCSIMG About DenizBank Public Finance | DenizBank

About DenizBank Public Finance

DenizBank added a new dimension to its banking activities with public sector initiated in mid-2007 by establishing Public Finance Business Line on 01.01.2009.
Establishing a business line dedicated to serve public finance is a revolutionary development in Turkish Banking Sector, which had an extremely low level of lending relations with Public Sector and Municipalities. Lending currently to many provincial and district municipalities in the whole country, DenizBank continues to render services via its branch network spread all over Turkey.
Public finance activities in DenizBank started in May 2006 with the acquisition of the Bank by Dexia Group, one of the leading financial groups in Europe. Being the world leader in Public Finance, Dexia started to serve local administrations by establishing DenizBank Public Finance Group in 2007.

History of DenizBank Public Finance

Public Finance activities started in 2006 and they were initially limited to lending to satellites of metropolitan municipalities without any direct lending to municipalities themselves. Following the studies in 2007 aimed at getting to know better local administration structure in Turkey, public finance strategies were set and a loan was granted to Istanbul Metropolitan Municipality in November 2007. The process continued with loans to provincial and district municipalities in 2008 and it turned into a different structure with the establishment of Public Finance Business Line on 01.01.2009. Aiming at extending its activities to cover the whole country as part of its 2009 strategy, the Public Finance Business Line continues to visit counterparties via sales teams

You can find below the current loan book of DenizBank accumulated as a result of dedicated efforts started in 2006.

However, the greatest source of pride for DenizBank regarding its activities in public sector is that it is active not only in banking with quantitative results but also with social activities. Aiming at contributing more to public sector by increasing awareness of both its public finance staff members and customers in the year 2009 through capacity building, DenizBank took part in various conferences and training activities in Turkey and abroad. Such activities will continue in the future and they are aimed at elaborating global developments, new practices and updates in this field with a specific focus on relations between finance sector and public sector with the final aim of making the efforts more efficient. Detailed information about the events held is available at www.belediyedeniz.com.

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DenizBank, İnovasyonda Dünyanın 1 Numarası Seçildi.

DenizBank, İnovasyonda Dünyanın 1 Numarası Seçildi.
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