Founded in 1987 by Hüsnü M. Özyeğin, the Fiba Group today is a respected and well-known player in national and international markets.
Fiba Groupcontrols an investment portfolio of high-value brand names in both financial and non-financial lines of business.
Fiba Group's investments in the financial services industry are in banking, leasing, factoring, insurance, NPL management and private equity fund. Its non-financial investments are in aviation, retailing, real estate, energy, ship building and port management.
In 2006, Fiba Group transferred % 46 shares of Finansbank Turkey and its subsidiaries for US$ 2.774 million million to National Bank of Greece (NBG). The remaining 9,68 % shares held by Fiba Group were sold to NBG in September 2008 forUS$ 697 million.
Credit Europe Bank (Holland) signed a share purchase agreement with Banco Comercial Portugues (“BCP”) to buy 95% shares of Millennium Bank Turkey on February 9, 2010. The agreement has been effective as of December 27, 2010 with the approvals received from the regulatory authorities. Name of the Bank has been changed as Fibabanka A.Ş. on the Extraordinary General Meeting of April 25, 2011. Fiba Holding has become the main shareholder after purchasing 97,6% share of Credit Europe N.V. on December 3, 2012 and 2,4% share of Banco Comercial Portuges S.A. on December 7, 2012
One of Turkey's leading corporate groups, Fiba Group unquestionably owes its successes in the national and international arenas to its human resources –to employees who are both knowledgeable and skilled in their jobs. Fiba Group's greatest and most important capital is its human resources.
Continuously investing in this vital capital, the members of the Group together provide employment for more than 15 thousand people in 12 countries.