Fiba Group

Assets

The concern controls an investment portfolio of firms as in the financial, and non-financial sector. In the field of financial transactions the Fiba Group concern invests in the banking sector, leasing, factoring, insurance and transactions with the unattended credits.

In Russia the group controls the Credit Europe Bank.

Non-financial investments of concern cover retail, the real estate, power, port property and management of ports.

History

1987-1989: Foundation of bank and management company

Fiba Group is founded in 1987 by Hyusnya M. Ozyeginom (Hüsnü M. Özyegin)

• The Fiba Group concern establishes Finansbank and for the first time enters banking business.
• The Fiba Holding company for management of development of concern and the solution of corporate tasks is founded.

1990-1992

• There begins the activity the first investment bank outside Turkey Credit Europe Bank (Switzerland).
• The leasing enterprise of concern - Finans Leasing is created.
• Understanding the social responsibility, the concern establishes Hyunsyu fund of M. Ozyegin.
• Fiba Factoring begins the activity.

1993-1995

• The Fina Holding company for the purpose of the investment diversification is founded.
• The Credit Europe Bank (Holland) for the purpose of the entry of concern in banking business in Holland is created.

1996-1998

• The concern purchases Gima company and for the first time begins to work in the retail industry with food products.
• The new enterprises in the field of financial services are founded: Finans Invest, Credit Europe Bank (Russia) and Girisim Factoring.
• All international financial activities integrate under the auspices of Credit Europe Group with head office in Holland.
• The Fiba IFSC company on fund management is created.
• Credit Europe International Leasing begins activity in Romania.
• The concern is engaged in creation of joint venture for construction of shopping centers in Romania, begins work of GimRom (G-Market).
• The Fiba Mall Management company is founded.

1999-2001

• The concern purchases network of retail by food products of Endi.
• The rights to opening of Marks & Spencer shops in Turkey are acquired.
• The controlling stake Credit Europe Bank (Romania) is acquired.
• Begin a company performance of Fiba Real Estate and Finans Portfolio Management.
• The Fiba Insurance company is founded.

2002-2004

• In Romania Credit Europe Servicii Financiare company for rendering services in providing consumer loans is founded.
• The company of the direct investment Fiba Capital Holdings is formed.

2005

• The Credit Europe Ipotecar company for ensuring mortgage financing in Romania is founded.
• Gima and Endi networks are sold to SA Carrefour company.
• The concern purchases AJT company (hotel Swissôtel the Bosphorus, Istanbul).
• Controlling stakes of Anchor Retail Investment and Anchor Grup companies in Romania in whose property there are shopping centers Bucuresti Mall, Plaza Romania and Anchor Plaza are acquired.
• The rights to opening of Marks & Spencer shops in Russia are acquired.
• The Fiba Air company for provision of services of private aircraft is founded.
• The Credit Europe Leasing company buys up a securities portfolio of Credit Europe International Leasing in Romania.
• Lehman Brothers and Girisjm NPL Management companies create RCT NPL Management joint venture for purchase and collection of the unattended credits.
• There begins the activity Anatolia Real Estate company which works under the name of Fiba Mall and has shopping centers in four cities of Turkey.
• In Russia the Credit Europe Leasing company is created.

2006

• 46% of stocks of Finansbank and its divisions of Finansbank Malta,

Finans Invest, Finans Investment Trust, Finans Portfolio Management, Finans Leasing and IBTech are sold to the National Bank of Greece.

• The rights to opening of Marks & Spencer shops in Ukraine are acquired.
• The CREDIT EUROPE BANK is founded on Ukraine.
• 9.9% of shares of Enda Energy Holding company are acquired.
• For implementation of the project of construction of Çubuklu Vadi Homes the Fiba Yüksel company which is joint venture with Yüksel Construction is founded.

2007

• Kumport Port Services joins concern by means of formation of a partnership of Fina-Turkon.
• Concern Gap and Banana Republic in Turkey acquires the rights to opening of clothing stores of network of retail sale.
• There is a company merger of Credit Europe Servicii Financiare to Credit Europe Ipotecar company.
• In Ukraine Credit of a =vrop L_zing company is created.
• Credit Europe Asigurari insurance companies in Romania and "the Credit Europe Life" — in Russia are established.
• There is a company merger of Credit Europe International Leasing and Credit Europe Leasing.
• The Emerging Markets Real Estate Investments (EMREI) company for the purpose of project development, connected with a residential and commercial real estate in China and Kazakhstan is founded.
• The Fina Energy Holding company is founded and the application is submitted to Management of regulation of the energy market of Turkey for obtaining the license for the right of implementation of projects in the field of wind power.
• In Moscow the Wall Street Institute school for the purpose of training in English in Russia is open.

2008

• The rights to use the Gap and Banana Republic trademarks in Russia are acquired.
• The Fiba Group concern acquires the rights of Turkon company at Kumport Port Services, and the name of the company changes with Fina Turkon Liman on Fina Liman.
• Together with the beginning of academic year in Özyeğin University "The student's management program for business" starts.
• On September 24, 2008 in the International financial center Dubai (DIFC) Credit Europe Bank Ltd (Dubai) was open.

2009

• The Fiba Group concern applied the experience in Girişim NPL Management in the field of asset management in Romania, having founded Colectare Recuperare Creante SRL.
• In the city of Bergama of the province Izmir the first wind farm moshchnostyyu15 in MW of Fina Energy company is put into operation. Besides, construction of 2 projects in Hatay with a total power of 57.5 MW continues.
• Özyeğin University enters four student's programs (Business management, "Electrotechnical and electronic design", "Industrial design" and Hotel management) and also one MBA program.
• On July 7, 2009 in Dubai the Credit Plus Gulf company is founded. The main sort of its activity — portfolio management of the fixed assets consisting of the unattended credits.
• With assistance of FIBA of Group within Fund of Mother and the Child the campaign "7 years are too late" in 2005 was started, and in 2009 the Ministry of Education started the pilot program of compulsory annual preschool education in 32 Turkish provinces after its approbation this program was started through the whole country within the next years.

2010

• The CREDIT EUROPE the BANK (Netherlands) signed the agreement with Commercial Bank of Portugal ("BCP") about purchase of 95% of the Millennium Bank for 61.8 million euros.
• The Group signed with FIBA the agreement with the Japanese insurance company Sompo Japon Insurance Inc. which is a part of the Japanese holding NKSJ, about sale of 93.36% of the stocks Fiba Insurance on June 15, 2010. The deal was closed on November 2, 2010.
• Ozyegin's university started 2 new programs for engineering specialties (the computer equipment and mechanical engineering), the new program of training of specialists – engineers (Electrician) and 2 new doctor's programs (Business Administration and the Electrician). Also the University began construction of a new campus using energy-saving technologies in Chekmekaya, Istanbul.
• The second factory on power generation of wind in Turbe, Hatay, with a total power of 35 MW was put into operation. In adding to it, after completion of construction of the second phase (15 MW) the total power of the FINA Energdzhi Bergama plant in Izmir was 30 MW.
• Assets of Group in retail business were considerably expanded in Turkey, Ukraine and Russia. The total quantity of Marks&Spencer, Gap and Banana Republic shops reached 100.