Doğan Investment Bank (Doğan Yatırım Bankası A.Ş.) was established after being licensed by Turkey’s Banking Regulation and Supervision Agency (BDDK) on March 19, 2020 (Decision No. 8953) and was registered in the Istanbul Trade Registry on June 22, 2020 with a starting capital of TRY 200,000,000.
The Bank received an operating license from the BDDK on May 21, 2021 (Decision No. 9568). The license went into effect after the agency’s decision was published in the Official Gazette on May 26, 2021 (Issue No. 31492).
Doğan Investment Bank, which is fully owned by the Doğan Companies Holding Corporation (Doğan Şirketler Grubu Holding A.Ş.) and its subsidiaries, commenced its activities on August 2, 2021 Aiming to become the leading investment bank supporting Turkey's economic progress and a principal representative of the international financial system in Turkey, Doğan Investment Bank has since been operating with a vision of creating sustainable added value for all its stakeholders with its innovative and world-class financial solutions, its know-how and experience in local and international markets, its sensible banking philosophy, and its entrepreneurial culture.
In line with its vision, mission and strategy, Doğan Investment Bank offers its Corporate and Commercial Banking customers Structured Finance, Investment Banking and Treasury products, as well as Cash Management and Foreign Trade Finance services as part of its Transaction Banking operations.
Doğan Investment Bank obtained operating licenses to offer Public Offering Brokerage, Portfolio Brokerage and Limited Custodial Services from Turkey’s Capital Markets Board (SPK) on October 27, 2021 (Meeting No. 55/1604). Separately, on the same date (Meeting No. 55/1588), the SPK approved an issuance certificate for the Bank to sell debt instruments in Turkey on an allocated basis and/or to qualified investors without a public offering, subject to a total issuance ceiling of TRY 1,200,000,000. The Bank successfully completed its first round of bond issuance in the domestic market in December 2021
Consistent with its strategy of creating value-added solutions for Turkey’s economy, Doğan Investment Bank continues to invest in the delivery of digital solutions that address the financing needs of small- and medium-size businesses and that enhance the country’s e-commerce ecosystem. Within this framework, Doğan Investment Bank signed an agreement with The Development Facility of the European Fund for Southeast Europe (EFSE DF) in December 2021 with a view to helping with the financing needs of micro-, small- and medium-sized enterprises operating in Turkey's e-commerce ecosystem.
One such subsidiary is Hepiyi Insurance, established on September 29, 2021 with the motto ”Always the Best for You.” The company made a strong and ambitious entry into the market and obtained its Insurance and Private Pension Regulation and Supervision Agency (IPPRS) license for general insurance on April 27, 2022.
Positioned as Turkey’s new, dynamic and competitive insurance company, Hepiyi Insurance leverages technology to its fullest, and offers services through insurance agencies across the country and online via its digital E-commerce platform hepiyi.com.tr. The company offers the advantages of digitization in all processes from purchasing to claims payments, and embraces the tailored service approach through clear and easy-to-use digital interfaces. Hepiyi Insurance offers a novel insurance experience to customers and embraces and promotes Doğan Holding’s philosophy of sustainable investment.
Established within Doğan Şirketler Grubu Holding A.Ş. in 1999, Doruk Faktoring made a name for itself thanks to a diverse range products and services developed for media enterprises, including invoicing and collections as well as finance. In time, Doruk Faktoring expanded the market of its products and services to other sectors as well.
Having changed its title to Doruk Faktoring A.Ş. in November 2017 (formerly Doğan Faktoring A.Ş.), the company continues to offer reliable, fast and high-quality solutions with its client-focused service approach and specialized team.
Doruk Faktoring’s area of operations has been expanded to include accounting, balancing, legal as well as financial services, and the company serves as a robust financial solutions partner for its clients, to which it generates funding using its strong equity capital as well as external resources. Doruk Faktoring continues its operations driven by its deep-rooted experience, expertise, and the dedication to support its clients on a growing basis.
Doruk Faktoring is a member of the Association of Financial Leasing, Factoring and Financing Companies, a body to which membership is mandatory for all enterprises engaged in said fields as per the law no 6361.
Established by Doğan Şirketler Grubu Holding A.Ş. in 2014, Öncü VCIT (Venture Capital Investment Trust – VCIT) aims to make venture capital investments in high-potential ventures and new areas of business for the Doğan Group.
Öncü VCIT’s services are primarily aimed at tech/software firms in need of financial and strategic restructuring, innovative enterprises that target growth, highly competitive businesses that are looking to expand their operations, companies with significant export potential and/or foreign currency cash inflows, venture startups and SMEs.
Öncü VCIT’s investments include digital technology, personalization and forecast analytics provider Insider; cartoon, animation, licensed merchandize and digital investments company Düşyeri; venture capital fund investing in mid-market and SME sector enterprises in Turkey Mediterra Capital, and retail food chain Tavuk Dünyası.
Öncü VCIT continues to support the venture capital ecosystem by expanding its portfolio, leveraging the expertise, experience and effective portfolio management approach of Doğan Group.