Contribution What is APEX banking? by Admin May 1, 2020 What is APEX banking?
We use the wholesale banking (Apex) method in order to provide more effective service to SMEs, which constitute the building blocks of our country's economy and are the source of production and employment. With this method, we provide financing through commercial banks, financial leasing companies and factoring companies that have a widespread branch network. They must have a minimum paid-in capital. Accordingly, the bank's paid-in capital should not be less than 30 million TL (as per Article 7/1-f), free from cash and any collusion.
How many people will the bank be established with?
< p>– After the joint stock company establishment permission to be given by the Ministry of Industry and Trade, the establishment of a "bank joint stock company" will apply to the Banking Regulation and Supervision Board for permission. – If at least five of the BRSA board members vote affirmatively, the establishment request will be accepted. What is wholesale banking?Wholesale banking or corporate banking are financial services provided by banks. Public banks, private banks, offshore banks show these services.
What is holding banking?
What is holding banking? (Economy) (Group banking) It is the situation in which the holding holding a group of companies buys sufficient shares of a commercial bank and takes control of it.
How much is the capital of the banks?
Ziraat Bankası While maintaining its position at the top with its equity of 67.1 billion liras, this bank was followed by İşbank with 86.9 billion liras, Garanti BBVA with 78.9 billion liras, Akbank with 76 billion liras and Yapı Kredi with 63.5 billion liras. In 2021, İşbank ranked first in the list with a profit of 13.5 billion liras.
What does financial holding companies mean?Financial holding companies are defined in Article 3 of the Banking Law as companies whose subsidiaries are all or mostly credit institutions or financial institutions, provided that at least one of them is a credit institution.
Read: 74
