Turkiye Is Bankasi

Turkiye Is Bankasi A.S. is a privately owned deposit bank founded in 1924 and headquartered in Istanbul. Its capital is divided into different share groups; the Class C shares, the main group traded in the market, change hands on Borsa Istanbul under the ticker ISCTR. For this reason, ISCTR is the ticker investors usually turn to when Isbank is mentioned.

The bank offers loans, deposits, cards, investment products and foreign trade services in retail, commercial, corporate and private banking. Its portfolio of subsidiaries is also notable: group companies include Sisecam in glass and chemicals, Anadolu Sigorta and Anadolu Hayat Emeklilik in insurance, Is Yatirim in capital markets, the real estate investment trust Is GYO in property and Is Leasing in financial leasing.

Because of this structure, ISCTR is assessed not only on banking metrics but also on changes in the value of its subsidiaries. The interest-rate path, the loan-deposit spread, asset quality and regulatory rules are the main themes on the banking side. Lzzo.com offers ISCTR's price history, a return calculator and tools for comparing it with similar bank stocks.