FEAS Yearbook FEAS Yearbook 2013 | Page 14

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. PAGE 12