DHB Bank

Head Office of DHB Bank (Nederland) N.V.

Demir-Halk Bank (known also as DHB Bank), is a Dutch commercial bank headquartered in Rotterdam. Its niche market is the Turkish emigrant population in northern Europe and is jointly owned by a Turkish bank and HCBG Holding. The bank conducts its activities through locations in The Netherlands, Germany, Belgium, and Istanbul.

History

DHB Bank was established as a commercial bank under Dutch law on 30 December 1992. Starting its operations with NLG 17.8 million equity (EUR equivalent 8.1 million) and NLG 18.2 million asset size (EUR equivalent 8.3 million), the bank grew to a become a fully fledged commercial bank with an equity of EUR 233 million and asset size of 1,735 million at the end of 2013. On 1 August 2003 the bank acquired Disbank's Dutch subsidiary Dısbank Nederland. In the second half of 2008, DHB Bank acquired a 66.65% stake in Export & Credit Bank Inc, Skopje (EC Bank), which was sold to Turkey Halk Bankası in the second quarter of 2011.

Shareholders

HCBG Holding B.V. holds 70% of DHB Bank’s shares, while Türkiye Halk Bankası A.Ş. owns the remaining 30%. HCBG Holding B.V., whose principal business activity is to act as a financial holding company, is 100% owned by Dr.Halit Cıngıllıoglu. Türkiye Halk Bankası A.Ş is the seventh largest bank in Turkey by assets; its majority shareholder is the Turkish state with a 51% stake, while the remaining 49% are free float.

Management and Organization

DHB Bank has a two-tiered management structure, the Managing Board and the Supervisory Board. The Managing Board, composed of two members, is responsible for the day-to-day management of the bank, for the development of strategies and for the fulfillment of the bank’s obligations towards regulatory bodies. The Supervisory Board, composed of eight members, is responsible for the supervision of the policy of the Managing Board, for the supervision of the general course of affairs and risk management, and for assessing and approving the strategies and risk appetite proposed by the Managing Board.

Boardroom at the Head Office

DHB Bank has a centralized organizational structure. The bank’s wholesale banking activities, including credit decision processes and primary risk management functions as well as treasury activities and IT services are conducted via its head office in Rotterdam. The bank’s branches in the Netherlands and units abroad focus on marketing and customer relations, deposit collection, retail loans, as well as local legal & compliance functions and liaison, among others.

Activities

The bank engages in traditional commercial banking, based on retail funding and wholesale asset generation. Retail deposits are collected from Belgium, Germany and the Netherlands, primarily via the Internet and partially via call centre channels, supported by regional main branches in Germany and Belgium alongside local branches in The Netherlands.

The bank’s wholesale asset generation activities are centralized at the Head Office in Rotterdam. DHB Bank also has a representative office in Istanbul as a direct liaison location for its Turkey-related interests. Wholesale asset generation activities comprise primarily placements in the form of (trade-related) bank syndications, discounting of (trade-related) bank promissory notes, bilateral (trade-related) bank loans, corporate loans, and securities investments. To a lesser extent, DHB Bank also provides consumer loans. As with the liability side, geographical diversity is also an essential feature of DHB Bank’s activities on the asset side, encompassing primarily Turkey, Western Europe and the Commonwealth of Independent States (CIS). As a niche area, the bank is also providing finance to Turkish companies operating, generating revenue stream or providing collaterals outside Turkey – primarily in Europe.

References

External links

• official home page