Financial Institutions

Financial Institutions

Financial Institutions Department ensures the Bank's publicity in national and international markets to reach a wider audience, manages our relations with local and foreign banks and institutions through correspondent relations developed in line with the transactions of the Treasury Department, and establishes new connections with new institutions and organizations in line with the needs that arise. Financial Institutions Department contributed to the increase in transaction volumes by expanding the number of correspondents despite the difficult conditions experienced globally. The bank's cash and non-cash limits before the correspondents have been increased and a diversity in term of correspondents has been achieved to reach out foreign trade financing and finance obtained from foreign markets. In parallel with the developing foreign trade and increasing volumes of treasury transactions, our Bank managed to open new accounts in new foreign currencies and expanded the instrument range offered to clients. Our Bank has a wide correspondent banking network of banks located in 68 countries.