Company attributes
Other attributes
The FIBA Group was founded in 1987 and today operates in Switzerland, the Netherlands, Germany, Russia, Turkey, Belgium, Malta, Romania, Ukraine, the United Arab Emirates and China. FİBA Group started its journey in banking and continues to invest in finance, energy, retail, tourism, real estate and asset management. It continues to move around the world creating value for its stakeholders, society and people.
The activities of the FIBA Group are represented in the financial (banking, leasing, factoring, insurance, asset management) and non-financial sectors (aviation, retail, real estate, shipping construction and port management, foreign language school).
The Group pays great attention to charity programs and social projects.
FİBA Group was founded by Hysnü Ozyugin with the aim of creating more value for the world, society and people, with its very first investments made in the financial sector in 1987. In 1990, it acquired an international identity through investments made in the Swiss financial sector. Continuing his growth in the financial sector, he expanded his range of activities, investing in the energy sector, retail, tourism, real estate and asset management.
Initially, the bank set itself modest goals - servicing Turkish companies. The dynamics of the profit of the financial institution followed the curve of the volatile Turkish economy: income increased during the years of rapid growth of the national GDP and decreased when the Turkish economy went into negative territory - in 1994 and 2001.
In subsequent years, FIBA invested in the most attractive sectors, such as real estate, energy and retail business, and also engaged in the construction of condominiums and shopping centers near the business districts of the country's largest cities.
FİBA Group's first investment in finance, Finansbank, was sold in 2006, which had the highest foreign capital inflow in Turkey to this day.
Following this resounding worldwide success, Fibabanka was established with the aim of becoming Turkey's leading and best digital bank serving 2 million customers today. Fiba Group continues to diversify its innovative fintech investments through Finberg's initiatives. Fiba Emeklilik, Fiba Faktoring, Fiba Portföy Yönetimi, Gelecek Varlık Yönetimi and the Finberg fintech initiative are some of the Group's other financial investments in Turkey. As the largest bank with Turkish capital abroad, Credit Europe Bank serves about 7 million clients in 8 different countries, initially in the Netherlands, Russia and Romania.
In 1997, Finansbank was opened in Russia, which still continues to operate in the country under the Credit Europe Bank brand. The branch network of Credit Europe Bank includes 69 branches in more than 30 cities. Credit Europe Bank serves retail and corporate clients, as well as representatives of small and medium-sized businesses. To date, the bank serves more than 4.8 million individuals, more than 1.6 thousand corporate clients and 19 thousand small and medium-sized businesses.
The bank is in the top 50 Russian banks in terms of equity capital and in the top 60 in terms of net assets, according to the banki.ru portal (according to RAS as of January 1, 2016, equity capital is 20.8 billion rubles, net assets are 139 billion rubles).
The group continues to grow by partnering with strong international companies and brands for non-financial investments. Fiba Retail is a trusted partner for global brands in the region, with franchise rights for Marks & Spencer, Gap and Banana Republic brands in Turkey, Russia and Ukraine. Fiba Commercial Properties manages a wide real estate portfolio as the largest Turkish real estate investor in China, Romania and Moldova with its shopping malls. In addition, the group continues to expand its investments in the energy sector with the help of Fina Energy, which is among the leading companies in the renewable energy sector with its wind and solar power plants in Turkey.
Fiba Holding A.S.CREDIT EUROPE BANK (Suisse)
S.A.CREDIT EUROPE BANK (Netherlands)
N.V.CREDIT EUROPE BANK (Romania)
S.A. CREDIT EUROPE BANK (Malta)
N.V.CREDIT EUROPE BANK (Germany)
N.V.CREDIT EUROPE BANK (Belgium)
N.V.CREDIT EUROPE BANK (Ukraine)
C.J.S.C. CREDIT EUROPE LIFE Russia
The activities of the FIBA Group are represented in the retail trade by the largest retailers known throughout the world - Banana Republic, Gap, Marks & Spencer. Every year, increasing the number of retail outlets in Russia, Ukraine and Turkey, the companies consistently demonstrate high standards in customer service, offering a wide range of high quality products at affordable prices.
- Banana Republic in Turkey and Russia
- Marks & Spencer in Turkey, Russia and Ukraine
- Gap in Turkey and Russia
FIBA Group's activities are also present in the non-financial sector in the areas of aviation, retail, real estate, shipping construction, port business, and also owns a network of foreign language schools.
- Swissotel The Bosphorus Hotel, Istanbul, Turkey
- WSI English School in Moscow
- FIBA Air Private Air Carrier
- Fiba Gayrimenkul Development Company in Turkey
An important task of the FIBA Group is the formation and development of fundamental values within society that contribute to improving the quality of human life through education. In accordance with this goal, the FIBA Group cooperates with the Mother and Child Foundation (AÇEV), has its own Hysnü Özeigin Foundation and the Özeigin University. The vigorous activity of foundations, social investments in education, healthcare, cultural heritage have changed the lives of millions of people around the world.
- Husnu M. Ozyegin Foundation
- ACEV
Hysnu Ozegin is a Turkish billionaire. He founded Finansbank in 1987 and then sold the Turkish arm of the bank. Hysnu Özegin, whose business empire has followed the path of the Turkish economy, stands out among the billionaires in emerging markets. His fortune was brought not by buying up state assets for nothing and not belonging to rich clans that control the leading monopolies. He built the business on the interest of foreign companies in the young Turkish economy and on services to Turkish firms entering foreign markets.
In 1987, when Ozyegin was 43, he decided to start his own banking business, Finansbank. To launch it, Ozyegin had to sell two of his houses and take out a loan of $ 3 million. At the same time, he founded the FIBA financial group. Today FIBA operates in 14 countries, the group unites 63 companies and employs 11,000 people. Finansbank, no longer owned by FIBA, operates in five countries with 630 branches and 13,000 employees.
Currently, Hysnü Özegin's financial investments are managed by Fiba Holding, and non-financial investments by Fina Holding.
Hüsnü Özyeğin. Founder and Honorary Chairman
