FEDERATION OF EURO-ASIAN STOCK EXCHANGES
ANNUAL REPORT JUNE 2013
IS INVESTMENT
IS Investment represents a large and
commanding presence in the Turkish
investment market, reflected in its
transaction volumes.
Erdal Aral
General Manager
IS Investment was established in 1996 as the
investment banking arm of Isbank Group in
Istanbul. IS Investment provides a wide array of
financial services to local and foreign investors,
including Corporate Finance, Investment
Advisory, Asset Management, Brokerage and
Research.
IS Investment owns 99.79% of Camis Online,
70% of IS Asset Management, 74% of Efes NPL
Asset Management, 26.5% of IS Investment
Trust, 29% 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 operating in Dubai.
With its largest individual and institutional client
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
about 1200 Isbank branches distributed in
various industry, business and residential
centres all over Turkey.
IS Investment, representing approximately
1/3 of the sector with its TL 4.2 billion asset
size, reached TL 68.7 million consolidated
net income in 2012. IS Investment represents
more than 20% of the market with its AuM size
of TL 13.1 billion. IS Investment (ISMEN) went
public in May 2007 and the first investment
house rated & granted with a credit rating of
‘AAA(tur)’ with stable outlook by Fitch Ratings
in December 2012. 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 8.87 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 Borsa
Istanbul (BIST) Equity Market since 2003,
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 1,200 Isbank branches
are our agent
Largest Assets Under Management
TL 13.1 billion ($ 7.3 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
US$ 465 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
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 67 public offerings. With 28 equity public
offerings totalling up to 8.8 million TL since its
establishment and 64 debt market instruments
(bonds, bills, ijara sukuk) reaching 18.1 million
TL since 2006, IS Investment dominates the
sector with a market share* of 34% and 23%
respectively and thus, IS Investment is the
leader in the market in terms of both size and
number of transactions. Also since 2000, IS
Investment has completed 97 M&A deals
FACTS AND FIGURES
Date of Establishment
December 18th,1996
Registered Capital
TL 300 million
Issued Capital
TL 286 million
Shareholders’ Equity)
TL 465 million
Assets
TL 4.2 billion
Free-Float
29.32%
Staff 436
Branches
Adana, Ankara, Bursa, Izmir, Istanbul
(Akaretler, Kalamış, Levent, Maslak,
Yeniköy, Yeşilköy)
Representative Office
Suadiye (Istanbul), Almaty (Kazakhstan)
Agents
More than 1,200 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 Private Equity
29.01%
IS Investment Trust
26.47%
ELIDAS
10.00%
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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