Kuveyt Turk, established in 1989, is the prominent participation bank in Turkish interest-free banking sector with its BBB credit rating, solid figures and innovative services.
62,24% of the capital of Kuveyt Turk is owned by Kuwait Finance House, 9% by the Public Institution for Social Security (Kuwait), 9% by the Islamic Development Bank and 18,72% by Directorate General of Foundations (Türkiye). The remaining %1,04 belongs to various shareholders.
Being Kuveyt Turk’s largest shareholder, Kuwait Finance House (KFH) is considered a pioneer in Islamic Finance (or Shari’a Compliant banking). KFH is Kuwait’s first Islamic bank established in 1977 and today its one of the foremost Islamic financial institutions in the world.
With our solid partnership structure and solution-oriented approach Kuveyt Turk is your business partner in trade finance and Treasury products in Türkiye.
| FITCH | S&P | MOODY'S | |
|---|---|---|---|
| KUVEYT TÜRK | BBB | ||
| KFH | A+ | A- | Aa3 |
| TÜRKİYE | BB+ | BB | Ba1 |
| KUWAIT | AA | AA | Aa2 |
* The Chairman and the Members of the Board of Directors, Audit Board Members, Chief Executive Officer and the Vice Presidents have a 0.20% share in the Bank's capital.