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Information about Şekerbank! (Exchange code: SKBNK)

by Financial Economy

Şekerbank was established on October 12, 1953 as “Pancar Kooperatifleri Bankası A.Ş.” in order to support local development, sustainable production and agricultural industry with the savings of hundreds of thousands of beet cooperative member farmers in Anatolia. was established in Eskişehir (Turkey). Detailed information about Şekerbank T.A.Ş is in continuation of the article. You can browse here for information about Borsa Istanbul (BIST).

Information about Şekerbank!

When the bank moved to Ankara in 1956, it was renamed Şekerbank. The general directorate of Şekerbank, whose shares were offered to the public in 1997, was moved to Istanbul in 2004. With its branches, 72 percent of which are located in Anatolia, Şekerbank, which best understands farmers, tradesmen and businesses and offers them tailor-made solutions, differentiates itself from the competition with its knowledge in local banking and its extensive branch network.

Having 238 branches, including 1 mobile branch, and 7 regional directorates (1 Istanbul, 6 Anatolian) throughout Turkey, Şekerbank’s branches spread over 67 provinces and 90 out-of-centre districts have been serving in the same location for nearly half a century.

Şekerbank’s subsidiaries include Şeker Yatırım, Şeker Factoring, Şeker Leasing, Şekerbank Cyprus Ltd, Şeker Finans, Şeker GYO and Şekerbank International Banking Unit Ltd. are available.

Allocating a large part of its total loan portfolio to farmers, tradesmen, businesses and corporate companies, Şekerbank creates social platforms, including the real sector, public sector and NGOs, in order to create more value for its customers than loans.

Şekerbank T.A.Ş stock market information!

Şekerbank is traded on Borsa Istanbul (BIST) Outright Purchases and Sales Market (Among Qualified Investors)/Star Market. Company shares are included in BIST SUSTAINABILITY / BIST 100 / BIST BANK / BIST 50 / BIST 100-30 / BIST FINANCIAL / BIST YILDIZ / BIST ALL / BIST CORPORATE GOVERNANCE indices. Şekerbank shares were offered to the public in 1997 and its current free float is 49.99%. The ticker code of Şekerbank T.A.Ş is SKBNK.

Attention: This content has been prepared for informational purposes only. It is not investment advice!

For information about Borsa Istanbul, you can check here.

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