Credit Europe Bank (Nederlands) of Fiba Group, a bank with Euro 10 billion asset size that serves more than three million customers from nine European and two Asian countries, undersigned a share purchase-sale contract with Banco Comercial Portugues (âBCPâ) by purchasing 95% of its shares in Millennium Bank Turkey. The total amount of this contract is determined as Euro 61.8 million and it became effective as of 27 December 2010 after granting the approvals of the regulatory instutitions. The official title of the bank is changed as âFibabanka A.Å.â on 12 May 2011. Fibabanka A.Å. asset size has reached to TL 1.5 billion as of April 2011. The bank provides corporate, commercial and retail banking services to its clients with its 20 branches in Ä°stanbul, Ankara, Ä°zmir, Bursa and Antalya. 13 of these branches are located in Ä°stanbul.
Fiba Group signed a share purchase agreement with Sompo Japon Insurance Inc. which is a subsidiary of Japon
NKSJ Holdings Inc. to sell its 93.36% shares in Fiba Insurance on June 15, 2010. The total value of Fiba Insurance
was determined to be TL 499.6 million (USD 350 million), and the closing took place on November 2, 2010.
As of November 2010, total number of Marks & Spencer, Gap and Banana Republic stores in Turkey, Russia and
Ukraine reached 100.
Following its operating wind power plants in Ä°zmir-Bergama with an installed capacity of 30 MW and in Hatay-SamandaÄ with an installed capacity of 57,5 MW, Fina Enerji started the construction of 12,5 MW wind power plant in BalÄ±kesir-Manyas and 5 MW capacity extension in Ä°zmir-Bergama; both projects planned to be commissioned in 2012. Additionally, the construction of two capacity extension and six new wind power plant projects of 208 MW in total will be completed step by step between 2012-2014.
ÃzyeÄin University has launched two new undergraduate engineering programs (Computer Science and
Mechanical Engineering), a new masterâs degree program in engineering (Electrical-Electronics) and two
new doctoral programs (Business Administration and Electrical-Electronics Engineering). In September, the
University also started the construction of its new energy efficient and green campus at ÃekmekÃ¶y, Istanbul. As of
October 2010, total number of students studying at the University has exceeded 1,000.
Star Mall Shenyang Plaza, a 325,000 m2 mixed-use development in Shenyang, China, provides a unique shopping mall experience loaded with top-notch international and local retailers with its 128,000 m2 gross leasable area. A top grade office tower as the part of Shenyang Plaza is there to serve city with top quality companies. Star Mall Shenyang Plaza, scheduled to be opened by August 2012, will become a new Life Center for the Shenyang consumers serving the community with a top quality service and environment.
Girisim Varlik Yonetimi, by buying a total USD 326 million (TL 591 million) out of USD 494 million (TL 896 million) sales amount (-%66) made in the first 6 months of 2012, keeps holding the leadership position.
Buying a portfolio from 13 different banks worth of total USD 2.1 billion (TL 3.8 billion) including the banks like TÃ¼rkiye Ä°Å BankasÄ±, Garanti, Akbank and ve YapÄ± Kredi among them Girisim Varlik Yonetimi is holding the leadership of the sector as of June 2012.