FEDERATION OF EURO-ASIAN STOCK EXCHANGES
ANNUAL REPORT JUNE 2012
IS INVESTMENT
IS Investment - the investment banking
arm of İşbank - is the leading investment
banking institution in Turkey.
Ilhami Koc
General Manager
Our Client Centered – Market Focused
approach is geared towards having a good
understanding of clients’ needs, in order
to ensure the most appropriate investment
strategies and alternatives are offered to
meet the clients’ risk – return preferences. IS
Investment provides a wide array of financial
services to local and foreign investors,
including Corporate Finance, Investment
Advisory, Asset Management, Brokerage and
Trading, Research and Risk Management.
With its largest individual and institutional
customer base, IS Investment has 10 branches
in Ankara, Bursa, Izmir, Adana, Istanbul (6
branches) and two representative offices in
Almaty-Kazakhstan and Istanbul-Suadiye. In
addition to this, IS Investment has a strong and
widespread distribution network through the
agency of more than 1000 Isbank branches
distributed in various industry, business and
residential centres all over Turkey.
IS Investment owns 99.8% of Camis Online,
70% of IS Asset Management, 74% of Efes NPL
Asset Management, 37.4% of IS Investment
Trust, 33% of IS Private Equity, 6% of Turkish
Derivatives Exchange and Maxis Securities Ltd
is a full subsidiary of IS Investment in London.
Also another full subsidiary IS Investment Gulf
Ltd has been established in Dubai.
IS Investment, representing approximately
1/3 of the sector with its USD 2.0 billion asset
size, reached USD 26.3 million consolidated
net income in the first nine months of 2011. IS
Investment represents more than 20% of the
market with its AuM size of USD 5.9 billion.
IS Investment (ISMEN) went public in May
2007 and the only investment house rated &
granted with a credit rating of ‘AAA(tur)’ with
stable outlook by Fitch Ratings in November
2011. In addition to that IS Investment is the
only investment house that has a corporate
governance rating. Evaluating the corporate
governance practices under the regulations
of the CMB, JCR Eurasia Rating has assigned
Full Range of Investment Banking Services
Brokerage
Investment Advisory
Asset Management
Corporate Finance: IPOs, M&As, Strategic Planning
Research
Widest Client Base
Largest domestic network – more than 1,000 Isbank branches
are our agent
Largest Assets Under Management
USD 5.9 billion mainly through subsidiary Is Asset Management
Volume Leader
#1 in Stock Market
#1 in Derivatives – TurkDEX
#1 in Eurobond Transactions*
*among brokerage houses
Shareholders’ Equity
USD 211 Million
Only Brokerage House with a Credit Rating
National Long-Term AAA (Tur) / Stable Outlook by Fitch Ratings
Only Brokerage House with a Corporate Governance
Rating
AAA (Trk) / Distinctive by JCR Eurasia Rating
8.63 points out of 10 (AAA (Trk) / Distinctive) for
the overall level of compliance.
IS Investment represents a large and
commanding presence in the Turkish
investment market, reflected in its transaction
volumes, ranking first not only in the Istanbul
Stock Exchange (ISE) Stock Market since 2003,
but also in the Turkish Derivatives Exchange
(TurkDEX), since the foundation of the market in
2005. The company presents its investors the
opportunity to make transactions both in Turkey
and more than 30 different stock exchanges
in the world by means of the online trading
platform TradeMaster developed in 2007.
IS Investment also provides a wide range of
corporate finance services including Public
Offerings (equity and bond), Mergers &
Acquisitions, Private Sector Advisory, Project
Finance Advisory and Private Equity Advisory.
Isbank since 1988 and IS Investment since its
foundation together acted as the lead manager
in 66 public offerings. IS Investment, which
FACTS AND FIGURES
Date of Establishment
December 18th,1996
Registered Capital
TL 300 Million / USD 162 Million
Issued Capital
TL 260 Million / USD 140 Million
Shareholders’ Equity (as of 9M11) TL 391.9 Million / USD 211.4 Million
Assets (as of 9M11)
TL 3.6 Billion / USD 2.0 Billion
Free-Float
29.32%
Branches
Adana, Ankara, Izmir, Istanbul
(Akaretler, Kalamış, Levent, Maslak,
Yeniköy, Yeşilköy,) Bursa, Adana
Representative Office
Suadiye (Istanbul), Almaty (Kazakhstan)
Agents
More than 1,000 Isbank branches
Ownership Structure
Isbank
65.65%
Is Factoring
2.43%
Is Leasing
2.43%
Camis Investment Holding
0.17%
Free Float
29.32%
Subsidiaries*
IS Investment’s Share
Maxis Securities Limited
100.00%
IS Investment Gulf Ltd. Dubai
100.00%
Camis Online
99.79%
Efes NPL Asset Management
74.00%
IS Asset Management
70.00%
IS Investment Trust
29.12%
IS Private Equity
29.00%
ELIDAS
10%
TurkDEX
6.00%
*Subsidiaries in which IS Investment has more than 5% shares. IS Investment has also shares in
Growing Enterprise Market Automatic Quotation, IS REIT, ISE Settlement and Custody Bank Inc. and
Yatirim Finansman Securities.
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