TWF’s portfolio includes three of Turkey’s large-scale state-owned banks in terms of asset size and Borsa Istanbul. TWF Financial Investments was established upon the consolidation of the public insurance companies project. TWF recently acquired shares of Platform AŞ.
Company Title: T.C. Ziraat Bankası AŞ
No. of Branches: 1,800
No. of Employees: 27,000
Asset Size: (30.09.2019) TRY 618 billion
Company Title: Türkiye Halk Bankası AŞ
No. Of Branches: 1,000
No. Of Employees: 20,000
Asset Size: (30.09.2019) TRY 444 billion
Company Title: Türkiye Vakıflar Bankası TAO
No. of Branches: 900+
No. of Employees: 16.835 (2019)
Asset Size: TRY 419 billion (2019)
Company Title: Borsa İstanbul AŞ
Establishment: 2012 (1985-İMKB)
No. Of Employees: 565
Asset Size: (31.12.2018) TRY 13.3 billion
Equity Market Total Trading Volume: TRL 1,993 billion
Total Trading Volume of Debt Instruments: TRL 4,450 billion
Futures and Options Market total trading volume: TL 1,287 billion
Company Title: TWF Financial Investments
Scope: Within the context of the public insurance companies’ consolidation project, TWF Financial Investments have acquired the shares of Güneş Sigorta AŞ, Halk Sigorta AŞ, Ziraat Sigorta AŞ, Vakıf Emeklilik ve Hayat AŞ, Halk Hayat ve Emeklilik AŞ and Ziraat Hayat ve Emeklilik AŞ from public banks and other related parties and have started the merger process.
Company Name: Platform Ortak Kartlı Sistemler AŞ
Scope: Established by Ziraat Bank, Halkbank and Vakıfbank with the aim of developing the payment and cards systems in Turkey. Turkey Wealth Fund and PTT AŞ became partners in 2020.