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Company Profile

QNB (Turkey)

QNB Bank Anonim Şirketi is a Turkish bank with headquarters in Istanbul. It was established by Turkish financier Hüsnü Özyeğin in 1987 and for a period was the Turkish bank with the largest network of foreign branches. Its Turkish operations were purchased by National Bank of Greece (NBG) in 2006, then by QNB Group in 2016, which first rebranded it QNB Finansbank then phased out the Finansbank brand in 2024. Its former international operations were rebranded in 2007 as Credit Europe Bank.

History
On March 18, 2014, Turkish daily Hürriyet reported the purchase by National Bank of Greece (NBG) of Soyak Kristal Kule (Soyak Crystal Tower), a 40-floor, 60,000 square-meter office tower in Levent, one of the main business districts in Istanbul. The property was purchased for a reported price of $303M (US) from Koru Property Investments, a subsidiary of Soyak Group in Turkey. The main building's Turkish name, Kristal Kule (Crystal Tower) refers to the glass-sheathed structure's asymmetric, faceted, sloping silhouette. In the third quarter of 2015, Finansbank's profit was 673 million TL; On June 15, 2016, the acquisition of Finansbank by the QNB Group was completed. On October 14, 2024, the bank changed its legal name to QNB Bank A.Ş. and rebranded as QNB, marking the end of the Finansbank brand. ==See also==
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