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Encyclopedia > Demirbank

Demirbank TAŞ is a bank just purchased on October 30, 2001 by HSBC from the Turkish Banking Regulator for £248 million. Demirbank was merged with the bank’s existing subsidiary in Turkey, HSBC Bank A.Ş. on December 14, 2001, creating a combined business with a balance sheet of £1.4 billion and capital of £170 million. The combined business operates through a multi-channel delivery system including the Internet, automated teller machines ("ATMs") and call centers under the HSBC name. It has a network of 168 branches and offices in thirty eight cities providing a comprehensive range of personal, corporate, treasury, capital markets, stockbroking, fund management and investment banking services across the Turkish market. October 30 is the 303rd day of the year (304th in leap years) in the Gregorian Calendar, with 62 days remaining. ... 2001: A Space Odyssey. ... HSBC Holdings plc (LSE: HSBA, SEHK: 005, NYSE: HBC, Euronext: HSBC, BSX: 1077223879) is one of the largest banking groups in the world, ranked the fifth-largest company and third-largest banking company in the world in Forbes Global 2000. ... HSBC Bank AS The HSBC Group opened its first office in Turkey in 1990. ... December 14 is the 348th day of the year (349th in leap years) in the Gregorian Calendar. ... 2001: A Space Odyssey. ... Smaller indoor ATMs dispense money inside convenience stores and other busy areas. ...



 
 

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