Birleşik Fon Bankası A.Ş. (literally translated as Joint Funds Bank Inc. in English), was initially founded as Çaybank A.Ş. in 1958. In 1992 the name of the bank was changed to Derbank and after being acquired by the Bayındır Grubu in 1997 the name was changed to Bayındırbank. With the decision made by the Turkish Banking Regulation and Supervision Agency, Bayındırbank was transferred to the Savings Deposit Insurance Fund on 9 July 2001 and the name was changed to Birleşik Fon Bankası on 7 December 2005. The administration rights are being held by TMSF. More information...
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