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 FINMA - the Swiss financial markets supervisory authority. 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.
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
While offering its commercial, private and bank clients the full range of services of a universal Swiss bank, BCP’s business activity focuses on four well-established areas of expertise; Structured Trade Finance, Private Banking, Treasury services and Correspondent Banking. BCP enjoys a solid reputation as a top quality service provider in all of these banking fields and serves an ever-growing number of customers and banks with a wide range of innovative, tailor-made and value-added products and services.
Headquartered in Geneva, BCP also operates through its branches in Luxembourg and Dubai.