HALKB – Turkiye Halk Bankasi AS

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Recommendation Rating

3.7

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5

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 0.39

Low: 0.12

High: 0.58

Total Analysts: 6

Company Profile

Turkiye Halk Bankasi AS is a Turkey-based commercial bank. The Bank’s operating areas include, commercial financing and corporate banking, fund management operations, retail banking and credit card operations. It operates under the following segments: corporate, commercial, integrated and treasury/investment banking. The Bank is rendering services to a range of companies in all sectors, especially to Small and Medium Size Enterprises (SME) as well as individuals. Its services include: accepting deposits; issuance of cash, noncash loans; reimbursements and cash receipt operations, including cash and deposit reimbursements, fund transfers, correspondent banking transactions and use of checking accounts; purchasing cheques and bank bills; performing custody services; issuing payment instruments, such as credit cards, cash cards and travel cheques, and performing related transactions, as well as acting as a portfolio management agency, among others.

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