LONDON, January 29, 2016 /PRNewswire/ --
London-based International Finance Magazine has conferred the 2015 award for 'Most Innovative Bank' in Turkey to Odeabank at a gala ceremony in the Landmark Hotel in London on November 27.
The awards in various categories were presented by Peter Meyer, CEO, the Middle East Association (MEA); Dr. Cigdem Kogar, Chief Representative of Central Bank of Turkey in London; Kofi Addo, Head of Trade and Investment, Ghana High Commission; and Thomas Mbun, Head of Treasury and Finance, Ghana High Commission.
Established as a 100 per cent subsidiary of Bank Audi in Turkey, Odeabank started its activities with a paid-up capital of 300 million USD on October 2, 2012. Operating in 55 branches in 15 cities with more than 1500 employees, Odeabank has moved to 10th place in terms of asset size and 8th place in terms of deposit size among all private deposit banks in Turkey. As of the third quarter of 2015, Odeabank has assets reaching 32.8 billion TRY, total loans reaching 21.9 billion TRY and deposits reaching 26.2 billion TRY.
Hüseyin Özkaya, Chief Executive Officer, Odeabank, upon receiving the award, said, "We feel very distinguished to receive the Most Innovative Bank Turkey 2015 award from International Finance Magazine. As a young bank established in 2012 we are humbled by the international recognition which is a clear testimony of our efforts to be one of the best and innovative banks operating in Turkey. Last three years have been an amazing journey for all of us where we did not have only the challenge to establish a bank from scratch, but also distinguish ourselves from our peers by constantly investing on the technology and on the way we serve to our customers. Receiving this award makes us feel more confident for our future endeavours for bringing out new innovative services and products for our customers."
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SOURCE International Finance Magazine