Shareholding Structure
Yapı Kredi has a strong shareholding structure which ensures sustainable and profitable growth. Yapı Kredi’s 27.02% 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 67.99%. 32.03% 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%.
UniCredit S.P.A. has notified our Bank that it has sold its Yapı Kredi shares which corresponds to 2% of the Bank's capital in Borsa İstanbul as of 19 November 2021. As a result of this transaction, the share of UniCredit S.P.A. in our Bank has decreased from 20% to 18%. The share of free float increased from 30.03% to 32.03%.
On 9 November 2021, the purchase agreement of acquiring 18% of Yapı Kredi shares from UniCredit S.p.A. by Koç Holding A.Ş. was announced. As of 1 April 2022, the share transfer have been finalized and Koç Holding's direct share in Yapı Kredi increased from 9.02% to 27.02% whereas Koç Group’s direct and indirect shares in YKB reached to 67.99%.
| Shareholder | Amount of Ordinary Shares (in Turkish Lira) | Percentage Ownership (%) |
|---|
| Koç Financial Services |
3,459,065,642.23 |
40.95 |
| Koç Holding A.Ş. |
2,282,666,574.00 |
27.02 |
| Other Partners |
2,705,319,067.77 |
32.03 |
| Total |
8.447.051.284,00 |
100.00 |
Koç Group
Koç Group, founded in 1926, is the largest conglomerate in Turkey with its combined revenues, exports and over 105 thousand employees. By the end of 2021, Koç Group’s combined revenues comprises ~8% of Turkey’s total Gross Domestic Product (GDP) and exports comprise ~7% of Turkey’s total exports.
Major Indicators (4Q21)
| Total Assets |
TL 1,020,553 Million |
| Revenues |
TL 346,689 Million |
| Net Income |
TL 15,193 Million |