Yapı Kredi Nederland N.V. was formed by the July 1, 2007 merger of Koçbank Nederland N.V. (founded in 1996) and the former Yapı Kredi Bank Nederland N.V. (founded in 2001). In connection with this merger Koçbank Nederland N.V. changed its name to Yapı Kredi Bank Nederland N.V. The merged bank continues to operate under a full banking license issued by De Nederlandsche Bank (The Dutch Central Bank).
This merger enhanced the already developed strong reputation for customer service through the years while creating an even stronger bank. The bank provides a broad range of banking services, including retail & commercial banking, corporate and private banking services as well as correspondent banking activities.
Yapı Kredi Bank Nederland N.V. derives its strength from its shareholder Koç Financial Services, a 50/50 joint venture company formed by Koç Group and UniCredit.
Koç Group is Turkey’s largest industrial and services conglomerate, focusing on the key driving sectors of the Turkish economy with leading positions in almost every sector in which it operates, and supported by the largest customer and distribution network in Turkey. Koç Holding is also distinguished by the fact that it is the only Turkish company listed on the Fortune 500 with operations in 24 countries.
UniCredit is the third largest financial group in the Euro zone in terms of market capitalization, with a presence in 20 countries worldwide. It is also the undeniable leader in CEE countries, accounting for over 35 million clients and total assets worth approximately € 850 billion as of March 31, 2009.