Shareholding Structure
Yapı Kredi has a strong shareholding structure which ensures sustainable and profitable growth. Yapı Kredi’s 9.02% of the shares are directly owned by Koç Holding A.Ş. and 40.95% of the Bank’s shares are owned by Koç Financial Services, which is 100% owned by Koç Group. Accordingly, the total direct and indirect shares of Koç Group stand at 49.99%. 20.00% of Bank’s shares are owned by UniCredit S.P.A. The remaining 30.03% is publicly traded on Borsa Istanbul.
As a result of the transfer of shares on 5 February 2020, Koç Financial Services became the owner of 40,95% of Yapı Kredi. Koç Holding owned 9.02% of Yapı Kredi’s share capital whereas UniCredit directly had 31.93%. Accordingly, Koç Group’s direct and indirect stake in Yapı Kredi (previously at 40.97%) increased by 9.02% to 49.99%
Additionally, on 6 February 2020, UniCredit S.p.A. has announced at Public Disclosure Platform that they completed sale of Yapı Kredi shares in their ownership representing c.12% of the Bank’s share capital through accelerated bookbuilding to qualified institutional investors. As a result of this sales transaction, UniCredit S.p.A.’s ownership at Yapı Kredi has reduced to 20% and the Bank’s free float increased to 30.03%
| Shareholder | Amount of Ordinary Shares (in Turkish Lira) | Percentage Ownership (%) |
|---|
| Koç Financial Services |
3,459,065,642.23 |
40.95 |
| Koç Holding A.Ş. |
762,197,343.00 |
9.02 |
| UniCredit S.P.A. |
1,689,410,260.00 |
20 |
| Free Float |
2,536,378,038.77 |
30.03 |
| Total |
8,447,051,284.00 |
100.00 |
Koç Group
Koç Group, founded in 1926, is the largest conglomerate in Turkey with its turnover, exports and over 94 thousand employees. Koç Group’s turnover comprises 7.2% of Turkey’s total Gross Domestic Product (GDP) and exports comprise 9.8% of Turkey’s total exports.
Major Indicators (9M20)
| Assets: |
TL 628.6 Billion |
| Revenues: |
TL 125.7 Billion |
| Net Income: |
TL 8.5 Billion |