The largest share in the European Economic and Monetary Union belongs to the German banking sector together with France. As the country is a member state of the European Union, developments in the European economy and the monetary policies implemented by the European Central Bank are the main factors guiding the banking sector. The environment of low interest rate which is prevailing with the impact of the expansionary monetary policy implemented by the European Central Bank after the crisis in 2008 ensures that German banks have access to domestic and international financing by making use of the ‘safe harbor’ status of their country
OYAK Anker Bank GmbH, a group company of ours which is a member of the Union of German Banks, engages in activities in the fields of corporate, retail and treasury banking of the German banking sector.
In Turkey, the brokerage activities are performed by the institutions with a certificate of authority from the Capital Markets Boards within the framework of the provisions of the relevant Communique.
During the first nine months of 2019, the trading volume of the share market of brokerage houses reached TRY 2.8 trillion, while the trading volume of leverage transactions realized as TRY 7.8 trillion, the futures volume as TRY 2 billion and the trading volume of FIS (Firm-Repo) as TRY 7.8 trillion; as of the end of September 2019, the total assets of brokerage houses realized as TRY 28 billion, their equities as TRY 7 billion and total net profit for the period of sector as TRY 1.25 billion.
OYAK Yatırım, a group company of OYAK operating in this sector, has an important place in the sector with the portfolio volume of its clients gradually increasing in number and is an intermediary institution preferred also by foreign corporate clients.