QNB Finansbank - Company Profile
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QNB Finansbank (Finansbank) is one of the largest private banking groups in Turkey. Improved non-interest income, capital adequacy, cost-efficiency and business performance of Treasury and Head Office segment are some of its strengths, even as its limited geographic presence could be an area for concern. The emergence of FinTech, short-term economic outlook of Turkey, and growing market for payment channels in Turkey could present ample growth opportunities to the bank. However, risks related to online identity theft and hacking, market fluctuation, and emergence of neobanks could affect Finansbank’s business, operating results, and financial condition.
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