ANNUAL REPORT JUNE 2010
FEDERATION OF EURO-ASIAN STOCK EXCHANGES
IS INVESTMENT
IS Investment provides a wide array of
financial services to local and foreign
investors.
Ilhami Koc
General Manager
With a distinctive role in the development of the
capital markets, IS Investment was established
in 1996 as the investment banking arm of
Isbank Group. IS Investment provides a wide
array of financial services to local and foreign
investors, including Corporate Finance,
Investment Advisory, Asset Management,
Brokerage and Research.
IS Investment has a strong and widespread
distribution network through the agency of
more than 1,000 Isbank branches.
IS Investment has equity stakes in Camis
Investment, IS Asset Management, IS Private
Equity, IS Investment Trust, Turkish Derivatives
Exchange and Maxis Securities Ltd, a full
subsidiary of IS Investment in London. IS Investment, representing approximately 40%
of the sector with its US$ 1.6 billion asset size,
has reached US$ 45.8 consolidated net
income by the end of 2009. As the only public
investment house (listed on the Istanbul Stock
Exchange, ISE), IS Investment (ISMEN) is also
the only investment house rated and was
granted with a credit rating of 'AAA(tur)' with
Stable Outlook by Fitch Ratings in December
2009.
With its largest individual and institutional
customer base, IS Investment has eight
branches in Ankara, Izmir, Istanbul (Akaretler,
Kalamis, Levent, Maslak, Yenikoy, Yesilkoy)
and two representative offices in Almaty-
Kazakhstan and Istanbul-Suadiye.
IS Investment announced its investors the
decision to open a new branch in Bursa. IS Investment represents a large and
commanding presence in the Turkish
investment market, reflected in its transaction
volumes, ranking first not only in the ISE Stock
Market since 2003, but also in the Turkish
Derivatives Exchange (TurkDEX), since the
foundation of the market in 2005. IS Investment
also leads the Securities L/B Market.
Full Range of Investment Banking Services
Brokerage
Investment Advisory
Asset Management
Corporate Finance: IPOs, M&As, Strategic Planning
Research
Widest Client Base
Largest domestic network – more than1000 Isbank branches are
our agent
4,300 high-net-worth individuals
560 corporate clients
420 foreign institutional clients
Largest assets under management
TRY 6.7 bn mainly through subsidiary Is Asset Management
Volume Leader
#1 in Stock Market
#2 in Bonds Market*
#1 in Derivatives – TurkDEX
#1 in Eurobond Transactions*
*among brokerage houses
Shareholders Equity
TL 223.6 million
Only Listed Investment House in ISE
Went public in May 2007 with Mcap US$ 250 million
Only Brokerage House with Credit Rating
National Long-Term AAA (Tur) / Stable Outlook by Fitch Ratings
IS Investment also provides a wide range of
corporate finance services including Public
Offerings, Mergers & Acquisitions, Private
Sector Advisory, Project Finance Advisory and
Private Equity Advisory. The Company, which
acted as the lead manager in 63 Public
Offerings between 1988 and 2010, is the leader
in the public offerings market in Turkey in terms
of both deal size and number of transactions.
Since 2000, IS Investment has completed 71
M&A transactions – a number rendering the
Company as the leading investment bank as
per the M&A league rankings.
Also known with its pioneer role and innovative
reputation in the sector with new products and
market tools; IS Investment has established the
first hedge fund in Turkey, in November 2008.
Besides, IS Investment is the first financial
institution in Turkey applied for the
establishment of warrants in September 2009.
FACTS AND FIGURES
Date of Establishment
Registered Capital
Issued Capital
Shareholders’ Equity
Assets (as of end of 2009)
Free-Float
Branches December 18th,1996
TL 300 Million / US$ 201 million
TL 119.4 Million / US$ 80 million
TL 334 Million / US$ 224 million
TL 2.5 Billion / US$ 1.6 billion
27.87%
Akaretler, Ankara, Izmir, Kalamis, Maslak,
Yenikoy, Yesilkoy
Representative Office Agents Levent, Suadiye (Istanbul),
Almaty (Kazakhstan)
More than 1,000 Isbank branches
Ownership Structure
Isbank
Is Factoring
Is Leasing
Sisecam
Camis Investment Holding
Free Float 65.65%
2.43%
2.43%
1.45%
0.17%
27.87%
Subsidiaries*
Maxis Securities Limited
Camis Investment
IS Asset Management
IS Investment Trust
IS Private Equity
TurkDEX IS Investment's Share
100.00%
99.79%
70.00%
29.12%
29.00%
6.00%
* Subsidiaries in which IS Investment has more than 5% shares. IS Investment has also
shares in Growing Enterprise Market Automatic Quotation, Is REIT, ISE Settlement and
Custody Bank Inc. and Yatirim Finansman Securities.
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