Fiba Group, a well - known investor in the local and international markets, was founded in 1987 by Mr. Husnu M. Ozyegin.Fiba Group had an asset size of USD 17,1 bilion, equity base of USD 4,1 bilion and cash & equivalence of USD 2,2 bilion.
Fiba Group's ever investment was the establishment of Finansbank in Turkey in 1987. On August 18, 2006 the Group sold 46% of the ordinary shares and 100% of the founders' shares of Finansbank to National Bank of Greece for USD 2,7 bilion. Fiba Group still remains as a shareholder with a 9,68 % interest in Finansbank.
Fiba Group's investments in the financial services industry are in banking, leasing, factoring, insurance, non-performing loan (NPL) management and hedge fund. Group's international banking network, namely Credit Europe Bank operates in the Netherlands, Germany, Belgium, Switzerland, Ukraine, Russia, Romania, Guernsey and Malta. Another Credit Europe bank is to be opened in Dubai in 2008. Non-financial investments are in retailing, real estate, energy, ship building and port management.
The Group owns 55 companies in 14 countries with more than 12 thousand employees from 46 nationalities as of 2007.