Dogan Holding subsidiary Dogan Investment Bank has received operation permit from the BDDK, the company announced.
Dogan Investment Bank (D Yatirim Bankasi AS) received an operation permit from the Banking Regulation and Supervision Agency (BDDK) on May 21, 2021, according to a statement by the company. The bank had obtained an establishment permit to operate in the investment banking sector on Mart 19, 2020.
D Yatirim Bankasi AS aims to support the national economic progress and become a strong representative of the country in the international financial system, the statement read.
“The investment bank was initiated in line with our goal to invest in high value-added sectors by utilizing our group’s investment, banking and e-commerce experiences,” said Caglar Gogus, Executive Director of the Board of Directors and CEO of Dogan Holding. “We aim to offer high level investment banking services along with their finance and digital solutions, he said adding that the banking and finance are important growth areas of Dogan Group.
The bank will offer products and services to customers in the upcoming period including corporate and commercial banking, structured finance, investment banking, treasury management, cash management, foreign trade finance, digital finance and digital banking solutions.
“We will provide value added corporate and commercial banking, structured finance as well as treasury products and services specific to the needs of our customers with our powerful and skilled staff,” said Hulusi Horozoglu, General Manager of Dogan Investment Bank.