Turkiye Is Bankasi (Isbank) was founded in 1924 and now is one of the largest banks in Turkey. Isbank provides retail, private and corporate banking products and services.
Becoming a client of Isbank AG can be done in a few steps:
Due to regulatory requirements Isbank AG performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Isbank AG will ask him/her to provide the following documents: passport; proof of address. For corporate clients Isbank AG will ask to provide corporate documentation as well as information about controlling persons. Isbank AG may request additional documentation or information depending on the case. Isbank AG performs client's identity verification via one of the following methods: PostIdent, video call.
Isbank AG is the 454th largest bank in Germany in terms of total assets. In 2018 its total assets were 1 805,04 mln EUR, providing the bank with the market share of 0.03%. In 2018 the bank's net income was 7,83 mln EUR.
Isbank AG participates in the deposit guarantee scheme of Germany. This deposit guarantee scheme applies to all deposit accounts made by individuals, companies and covers up to up to 100,000 EUR per bank per depositor. Isbank AG is a member of Entschädigungseinrichtung deutscher Banken GmbH (EdB) and makes its contributions into it.
Isbank AG is headquartered in Frankfurt Am Main.