BNP Paribas in Turkey

Overview

The Representative Office of BNP Paribas is the bridge between the Turkish market and the manyfold product divisions of the bank.

BNP Paribas was one of the first global banks to develop its presence in Turkey. Its commitment in the region dates back to its historical presence through Osmanli Bankasi (Ottoman Bank). It has strong relationships with a wide network of corporate and local financial institutions as well as with key governmental agencies and officials.

In Turkey, BNP Paribas is active in commercial and investment banking activities :

• One of the lead banks for Euro denominated bond issues



• A leader for Project Finance on the Turkish market



• Very active in multisourced Export Finance



• Very strong relationships with prime Turkish banks



• A key player in the commodities structured trade finance.



• An active player in capital markets and advisory activities

Corporate & Investment Banking

BNP Paribas Representative Office in Istanbul (1989)

Retail Banking since February 2005

TEB (Turk Ekonomi Bankasi). www.teb.com.tr.

BNP Paribas became 50% shareholder in TEB Mali Yatirimlar A.S which controls TEB A.S; full banking licence, with 334 branches and 6669 personnel

TEB Group is also active in Leasing, Factoring, Asset Management, Brokerage/Investment Banking, Equipment Solutions (ARVAL) and Consumer Finance (CETELEM) through its subsidiaries.

Fortis Bank Turkey. www.fortis.com.tr

With 282 branches is now part of the BNP Paribas Group.  It enjoys a strong retail and corporate network, providing its clients with a broad product range catering to their key financial needs.

Investment Solutions

CARDIF (Insurance). www.cardif.com.tr is active in Life/non-life insurance companies and Securities Services (custody) is provided within TEB

BNP Paribas is one of the leading players in the financing of private and government sponsored projects in Turkey and an active player in financing companies operating in oil, metals, tobacco, grain as well as in capital markets and advisory activities. It's presence in Turkey is based on an efficient coordination through the representative office that requires intensive contacts in selected sectors and key players.

Some of the landmark deals in Turkey are:

• MMK Atakas: SACE Facility US$466mn and Bridge Loan Facility US$260mn (2009 Europe Metals Deal of the Year by Project Finance Magazine)



• Oger Telekomünikasyon AS as bookrunner for a US$3.500mio Term Loan and US$200mio Revolving Credit Facilities. (2007 Syndication Loans & Leveraged Finance Award – Best Turkish Loan by Euroweek)



• US$500mio NEXI-untied credit facility to Isdemir/Erdemir Iron and Steel Works, the first corporate risk of NEXI in Turkey



• Advisor to the Turkish State in the block sale of Turk Telekom for US$6.550mn, this was the largest privatization and M&A mandate in Republic's history. (2006 Emerging Market Deal of the year by Acquisition Monthly)



• US$180mio Hazelnut Financing Facility for Turkish Grain Board (TMO). (2006 Deal of the Year by Trade & Forfeiting Review and Trade Finance Magazine)



• The first true limited recourse B.O.T (Build/Operate/Transfer), Unimar



• 3 massive B.Os (Build/Operate) sponsored by InterGen and Enka (In Adapazari, Izmir and Gebze) totaling 3854 MW. (2000 European Power & Global deal of the year by Project Finance Magazine)



• Advisor/Arranger for 761 MW Tractabel sponsored Ankara BO