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Banque de Commerce et de Placements - BCP was established in 1963 as a Swiss bank under Swiss Banking Law and Regulations and is supervised by the Swiss Federal Banking Commission. In 1991, the Cukurova Group of Turkey bought the majority shares of BCP, with the remaining shares owned by Union Bank of Switzerland (UBS). In 1996, Yapi ve Kredi Bankasi A.S. of Turkey purchased UBS' shareholding. In summary, since 1996, BCP's shareholding structure is:
69 % Borak S.A. Switzerland - Cukurova Group's Swiss holding company
| 31 % Yapi ve Kredi Bankasi A.S., Istanbul |
- 81.8% Koç Financial Services A.S. (the 50-50% joint venture between Turkey's leading industrial and services group Koç Holding and the Italian banking group, UniCredit)
- 18.2% public investors
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BCP offers its commercial, private and bank clients the full range of services of a universal Swiss bank. BCP's head office is in Geneva. The bank has branches in Luxembourg and Dubai and a representative office in Istanbul.
Ever since its creation, BCP has been highly specialized and very active in the areas of Trade Finance, Private Banking, Correspondent Banking, and Treasury services. |
