Yapı Kredi Bank Azerbaijan

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Overview

Yapı Kredi Bank Azerbaijan is Azerbaijani commercial banking subsidiary of Yapı Kredi Bankası Turkish parent BIST: YKBNK + Yapı Kredi Bankası Turkish parent ~99.8%+ controlling + Koç Holding + UniCredit Italian parent BME: UCG joint controlling via Yapı Kredi Bankası [1, az-cro].

History

1998 — Yapı Kredi Bank Azerbaijan ASC founded in Baku Azerbaijan as Azerbaijani commercial banking subsidiary of Yapı Kredi Bankası Turkish parent BIST: YKBNK distinctive Azerbaijani-Turkish banking heritage.

2014 — Yapı Kredi Azerbaijan mobile banking app launch.

Ownership & operator

Operating entity: Yapı Kredi Bank Azerbaijan ASC (Azerbaijani commercial banking subsidiary of Yapı Kredi Bankası Turkish parent).

Major shareholders: Yapı Kredi Bankası Turkish parent (BIST: YKBNK; Koç Holding + UniCredit Italian parent BME: UCG joint controlling) ~99.8%+ controlling.

Regulators: Central Bank of Azerbaijan CBA.

Technical integration

Yapı Kredi Azerbaijan mobile app (iOS + Android) + yapikredi.az online + Yapı Kredi Azerbaijan branch network across Azerbaijan + Yapı Kredi Visa + Mastercard cards; EMVCo QRCPS QR payments + Azerbaijani Manat AZN domestic transfers.

Implementations & partners

Parent group: [[yapi-kredi]] (Yapı Kredi Bankası; BIST: YKBNK; Turkish commercial bank; one of Turkey's largest commercial banks by assets; Koç Holding + UniCredit Italian parent BME: UCG joint controlling).

Major Azerbaijani banking + payments competitors: [[kapital-bank-az]] (Kapital Bank OJSC; Azerbaijani commercial bank) + [[pasha-bank]] (Pasha Bank OJSC; Azerbaijani commercial bank; PASHA Holding Aliyev family Azerbaijan ruling family parent ~100%+ controlling) + [[xalq-bank-az]] (Xalq Bank Azerbaijan; Azerbaijani commercial bank) + [[muganbank]] (Muganbank Azerbaijan; Azerbaijani commercial bank).

Regulators: Central Bank of Azerbaijan CBA.

Status

Active, Azerbaijani commercial banking subsidiary of Yapı Kredi Bankası Turkish parent BIST:YKBNK + Yapı Kredi Bankası Turkish parent ~99.8%+ controlling + Koç Holding + UniCredit Italian parent BME:UCG joint controlling via Yapı Kredi Bankası [1, 2].

Sources

1 Yapı Kredi AZ — official
2 Yapı Kredi — Wikipedia
az-cro In-corpus: reports/countries/AZ-azerbaijan.md

Source

Biography extracted from yapi-kredi-az.md. See matrix.md for standards-support matrix if present.