ICBC Turkey

ICBC Turkey Bank A.Ş.,^[2] formerly known as Tekstilbank A.Ş. was founded in 1986. In 2014, GSD Holding A.Ş sold their 75.5% stock to Industrial and Commercial Bank of China. The acquisition completed in April 2015. In November 2015, the name of the bank changed to "ICBC Turkey".^[3] In July 2018, ICBC provided a $3.6-billion loan package for the Turkish energy and transportation sector.^[4]

Logo of Tekstilbank A.Ş. until 2015

ICBC Turkey

Formerly	Tekstilbank (Tekstil Bankası A.Ş.)
Company type	Public
Traded as	BİST: ICBCT BİST: TKSTL (old)
Industry	Finance and Insurance
Founded	Istanbul, Turkey (1986)
Headquarters	Maslak, Istanbul, Turkey
Number of locations	44 branches (2010) in Turkey
Area served	Turkey
Key people	Xu Keen, Chairman Gao Xiangyang, CEO[1]
Products	Banking Investment banking Investment management
Parent	ICBC
Website	www.icbc.com.tr / www.tekstilbank.com.tr

The remaining 24.5% stock is public and is operated in Borsa Istanbul.^[5] ICBC Yatirim, a subsidiary of ICBC, provides support to stock market investors.^[6]