Standard Chartered Bank has had a historic presence in Turkey, serving its local and international Wholesale Banking customers. The Turkey Representative Office has been in operation since December 2003, and acts as the contact point for Standard Chartered Bank's global network.
The primary business focus is serving the prime local banks as one of their main international correspondent banks. Long standing relationships enable multi-product service which also benefits the international customers of Standard Chartered Bank.
The main areas of service for Financial Institutions are :
- Trade Finance and intermediation in the flow of international business between the major Turkish banks and the Standard Chartered Bank global network as well as other international correspondents.
- International payment services, especially as a top clearer in USD, Euros and GBP.
- Global Markets activities covering spot and forward FX, currency and interest rate derivatives and structured products.
- A leading provider and arranger of syndicated loans.
- Developing Islamic Finance structures and products.
- A market leader in arranging medium-term funding through future-flow Asset Backed Securitisations.
- Arranger of medium-term ECA transactions aimed at financing capital goods imports.
Standard Chartered Bank is also active in serving the international financing needs of the major Turkish Global Corporates and Commodity Finance customers. The main focus is on intermediation in the trade flows between Turkey and Standard Chartered Bank's global network and international customer base.
The main areas of service for Corporates are :
- Supply-chain financing for the major Turkish importers and exporters.
- Commodity financing of the major raw materials flowing in and out of Turkey.
- Global Markets activities covering spot and forward FX, currency and interest rate derivatives, commodity hedging and structured products.
- A leading provider of syndicated loans.
- Developing Islamic Finance structures and products.
- Developing Capital Markets instruments and asset-backed Asset Backed Securitisations.
- Arranging Structured Trade Finance activities based on company operations and receivables.
- Medium-term ECA transactions aimed at financing capital goods imports.
- Project Financings for major infrastructure projects.
- Corporate Advisory activities aimed at intermediating for FDI flows.
Standard Chartered Bank looks to be a leading international bank in Turkey and for Turkey, and seeks to meet the banking needs of its local and international customer base.
