History
History

Established in December 1998 with a GSD Holding share of 99.9%, GSD Yatırım Bankası A.Ş. (GSD Bank) obtained investment banking license in February 1999. Having also the licenses to operate in money and capital markets where the banks are allowed to operate, GSD Bank achieved in a very short time frame a significant market recognition and outstanding performance ratios among the private investment banks in Turkey.

Advantages that contributed to the success of the Bank by reinforcing the confidence in the Bank include its strong capital and shareholding structure and the reputation of GSD Group. Since day one, the Bank always maintained capital adequacy ratios well above the statutory minimum limit of 8%. Standing at 42.73% as of the end of 2012, this rate is much higher than the industry average.

For more than ten years, GSD Bank shared the fruits of its strong shareholders' equity and funds with dynamic entrepreneurs of Turkey, and achieved an active and healthy growth pattern. Its mettle was tested in economic crises that shook Turkey, as well as the whole world.