Fibabanka is a Turkish financial bank specializing in corporate, commercial, SME and enterprise, retail, agricultural, and private banking. The bank's subsidiaries, Fiba Portföy Yönetimi A.Ş. and Finberg, allow it to diversify its products and services for customers. In addition to traditional banking services, Fibabanka provides consumer loans, vehicle loans, housing loans, and commercial loans.
History
The bank's history dates back to Sitebank A.Ş. The bank was transferred to SDIF, with its shares thereafter being sold to Novabank in 2002. The name of the bank was changed to Bank Europe Bankası A.Ş. in 2003. In 2006, shares owned by Novabank S.A. were transferred to Millennium BCP, and the bank's name was changed to Millennium Bank A.Ş. After necessary permissions were obtained upon Fiba Group's application to the Banking Regulation and Supervision Agency, Millennium Bank A.Ş. joined Fiba Group on December 27, 2010. At the time, the name of the bank was changed to Fibabanka A.Ş.