Organization of work in a Bank

General information about Asya Participation Bank. Offering uninterrupted, rapid and effective service via Online Banking. Capital and Shareholder Structure. Affiliates and subsidiaries. The leader of participation banking. Bank Asya’s Objectives.
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1. Introduction

1.1 General information about Asya Participation Bank http://www.bankasya.com.tr/en/about_us/head_office.jsp

http://www.bankasya.com.tr/en/about_us/history.jsp

Bank Asya was established in October 24, 1996 with its head office in Istanbul, as the sixth private finance house of Turkey. The company's name, which had been previously "Asya Finans Kurumu Anonim Sirketi" (Asya Finance Incorporated Company), was changed into "Asya Katilim Bankasi Anonim Sirketi" (Asya Participation Bank Inc.) on December 20, 2005. Bank Asya offers a range of products meeting all needs and demands of its customers for retail, commercial and corporate banking and maintains 157 branches, 2 national and 1000 foreign correspondent banks.

Bank Asya, initial capital of which is 2 million TL and current paid up capital is 900 million TL, has a multi-partnered structure based on domestic capital consisting of 244 shareholders except for the publicly held part as of the end of 2008.

Main objective of Bank Asya, which accepts supporting production by complying with the requirements of interest-free banking as the foundation principle, is to spread interest-free finance system to larger masses by using the latest opportunities of technology in accordance with customer-oriented service mentality.

Bank Asya, the first private finance house having ISO 9001 Quality Management System Certification, is in service with its organization and wide range of products meeting all needs and demands of its customers for retail, commercial and corporate banking.

Besides traditional distribution channels, namely branches, Bank Asya aims at offering uninterrupted, rapid and effective service via Online Banking, Alo Asya Telephone Banking, ATM and POS stations.

Bank Asya accepts the two basic approaches below as the requirement of gaining targeted market share and works to achieve them:

· To develop products of interest-free banking and bringing out new alternative products.

· To adapt the products used effectively in banking to interest-free banking system.

In 1996 - Bank Asya is established on October 10th, 1996 in Istanbul. The main branch in Altunizade is opened. In 1998 - Bank Asya begins its credit card operations. An online correspondent relationship goes into effect with all of Yap? Kredi Bank's branches. The Sultanhamam branch is opened. In 1999 - Bank Asya was subject to the Turkish Banking. In 2000 - Internet Banking services become available. In 2000 - Private Finance Houses Private Current and Savings Accounts Safety Fund Regulation came into operation on September 18th; Installment credit cards were launched. In 2003 - The Ministry of Finance authorizes Private Finance Houses to collect tax payments. Collections commence from online PTT branches; Bank Asya a principal member of VISA International as of October 24th. In 2004- As of January 9th, retail customers, and as of March 17th, corporate customers are able to acquire assistance through Alo Asya call center (444 4 888); Changes take place in the organizational structure of our Head Offices. This results in 24 departments working to give our clients the best customer service possible. In 2005 - Website along with our internet banking branch is renovated; Asya Bank signs agreement with Mastercard; Smart Chip card production begins; Bank Asya increases its paid-up capital from TL 120 million to TL 240 million. In 2006 - "Asya Finans Kurumu Anonim Sirket" is now known as "Asya Kat?l?m Bankas? Anonim Sirketi"; After being publicly traded in May 2006, Bank Asya's current paid-up capital is increased 60 Million TL to 300 Million TL; Since 05.2006, Bank Asya stocks are publicly traded by ASYAB code name on the Istanbul Stock Exchange. In 2007-Asya Banks' shares were included in the ISE-30 Index in January 2007; The new Head Office building began operations in Umraniye on October 1.In 2008- Bank Asya became the name sponsor of Turkish Football Federation's ague 1; The Head Office organization was further developed with Head Office units rising to 40; Europe's most extensive contact less credit card, AsyaCard DIT and Turkey's first prepaid bank card, AsyaPratic DIT were introduced to the public; Paid-in capital increased to TRY 900 million. In 2009 Bank Asya was displayed the bank having the most effective performance in "Top 1000 World Banks" list of world-known financial magazine, The Banker. AsyaCard DIT was awarded for "the Best Cash Displacement Initiative" at "Visa Europe Member Awards" and "the Best New Credit Card Product Launch" at Cards&Payments Awards. The first contactless prepaid bank card of Turkey, DIT Pratik, ranked first in 2009 category. Reaching 22,2% profit rate Bank Asya has become the most profitable interest - free bank of Turkey for last three years. Number of branches has increased to 158. In 2010- DIT Pratik Card was named "The Best Mastercard Paypass Prepaid Banking Product in Turkey" by Mastercard. Bank Asya branches joined MoneyGram service network to enable international money transfers. AsyaCard received the "Consumer Quality Award" at the 23rd International Consumer Summit. Bank Asya signed an agreement with the Turkish Football Federation to extend its name sponsorship of the 1st League until 2014.. The number of branches has reached to 175. In 2011-Bank Asya received Usury Syndication over 300 million USD dollar with the participation of 26 banks. The first activity of student development program of Bank Asya, Development Base (Gelisim Ussu) which was announced with "Pilot Your Own Career!", was held with the participation of university students in April in Istanbul, Polonezkoy.. Bank Asya was chosen the Best Commercial Bank of Turkey in 2011 by World Finance within the scope of the awards given to successful institutions in finance and business world every year. The number of branches has increased to 192.

2. Main Part http://www.bankasya.com.tr/en/about_us/capital_and_shareholder_structure.jsp

2.1 Asya Participation Bank

2.1.1 Capital and Shareholder Structure

Bank Asya establishment capital consisted of TL 2 Million, and current paid-up capital is TL 900 Million.

This domestic capital is distributed among an ownership that consists of many shareholders (253), excluding publicly listed shareholders.

Shareholder	Amount (TL)	Share (%)
Ortadogu Tekstil Tic. San. A.S.	37.992.480	4,22
Osman Can Pehlivan	29.076.000	3,23
Forum Insaat Dekorasyon Turizm San. ve Tic. A.S.	22.565.059	2,51
Birim Birlesik Insaatc?l?k Mumessillik San. ve Tic. A.S.	21.630.000	2,40
Abdulkadir Konukoglu	20.088.000	2,23
Others	302.918.469	33,66
Publicly Listed	465.729.992	51,75
TOTAL	900.000.000	100,00

As of 30.June.2010

2.1.2 Affiliates and subsidiaries

...

Company Name	Affiliated Company/ Subsidiary	Field of Activity	Paid-up Capital	Ownership (%)
Tuna Gayrimenkul Yat?r?m Ortaklg? A.S.	Subsidiary	Real Estate and Project Development	100.000.000 TL	22,94
Nil Yonetim Hizmetleri Emlak Tuzum San. ve Tic. A.S.	Subsidiary	Tourism and Accommodation	55.500.000 TL	99,93
Is?k Sigorta A.S.	Subsidiary	Insurance	40.000.000 TL	65,42
Asya Kart Teknoloj? Hizmetleri A.S	Subsidiary	All Types of ChipCards and Magnetic/Optic Reader Card System	50.000 TL	99,50