Welcome!

News Feed Item

Odeabank wins International Finance Magazine's "Most Innovative Bank Turkey 2013" award

LONDON, March 19, 2014 /PRNewswire/ --



Odeabank, the first bank to obtain a license for a green field banking operation after a period of 15 years in the Turkish banking sector on 28 October 2011, has won the "Most Innovative Bank Turkey 2013" award from the London-based International Finance Magazine (IFM). A 100 percent subsidiary of Lebanon's Bank Audi, Odeabank has set itself a target of being among "the giants' league" in 2017.

     (Logo: http://photos.prnewswire.com/prnh/20140115/663464)

Odeabank won the "Most Innovative Bank Turkey 2013" award during the IFM 2013 Annual Awards function held in Dubai on December 20, 2013. This was Odeabank's third global award during the year.

IFM gave the award after a rigorous evaluation of 500 nominations by an internal research team and an external research agency. The International Finance Magazine has a readership across more than 200 countries across the world with more than 1 million average annual visitors.

Speaking at the award-giving function IFM's publisher Sunil Bhat said "The award reflects the fact that Odeabank has been the most innovative bank in Turkey in not only offering new products and improved customer services but also in leveraging technology."

Odeabank launched its operations on 1 November 2012. It operates in areas such as retail banking and in providing a wide range of financial services to medium-sized Turkish corporates.

By January 1, 2013, Odeabank had 400 employees and six branches - mostly in major cities of Istanbul, Ankara and Izmir. Since then, the Bank has expanded rapidly and by the end of December 2013, it had 37 branches and more than 1000 employees with assets of US$7.6 billion. Odeabank holds the 14th place in terms of asset size among deposit banks.

Odeabank's shareholder, Lebanon based Bank Audi, is a regional group with presence in 13 different countries. With a universal bank profile, Bank Audi covers all segments of banking activities including corporate, commercial, retail, investment and private banking. As of December2013, Bank Audi's consolidated assets reached US$ 36.1 billion. Bank Audi's group staff headcount exceeds 5,000 employees and its shareholders base encompasses more than 2,500 holders of Common Shares and/or holders of Global Depositary Receipts (GDRs) listed on London Stock Exchange. Bank Audi ranks first among Lebanese banks and is positioned in the inner circle of top Arab banking groups in the MENA region. Its shares are listed on the Beirut Stock Exchange.

Headquartered in London, the IFM aims at providing information, analysis and insights for the global finance community. During the Annual 2013 IFA Awards, individuals and organizations across the world are rewarded for showing innovation and excellence in the global financial industry.

About  Odeabank 

Odeabank, a 100 percent subsidiary of Lebanon-based Bank Audi, was the first bank to obtain a license for a green field banking operation after a period of 15 years in the Turkish banking sector on 28 October 2011. Leveraging its natural strengths as a mediator in trade and investment flows between Turkey and the MENA region, Odeabank is aiming to act as a full-service bank, providing its technological infrastructure and experienced human resources to the service of the Turkish economy.

About  International  Finance  Magazine

With its readership spread across more than 100 countries, London-based International Finance Magazine provides exclusive reports, analysis and commentary on banking, capital markets, wealth management, Islamic finance and technology.

Website: 

http://www.internationalfinancemagazine.com

Twitter  and  Facebook:

https://www.facebook.com/InternationalFinanceMagazine

Videos:

http://www.internationalfinancemagazine.com/video

Email: [email protected]

Press  Contact:

Mark Miller

Phone: +44(0)208-144-3624

Email: [email protected]

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
In his session at Cloud Expo, Alan Winters, an entertainment executive/TV producer turned serial entrepreneur, will present a success story of an entrepreneur who has both suffered through and benefited from offshore development across multiple businesses: The smart choice, or how to select the right offshore development partner Warning signs, or how to minimize chances of making the wrong choice Collaboration, or how to establish the most effective work processes Budget control, or how to max...
What if you could build a web application that could support true web-scale traffic without having to ever provision or manage a single server? Sounds magical, and it is! In his session at 20th Cloud Expo, Chris Munns, Senior Developer Advocate for Serverless Applications at Amazon Web Services, will show how to build a serverless website that scales automatically using services like AWS Lambda, Amazon API Gateway, and Amazon S3. We will review several frameworks that can help you build serverle...
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
MongoDB Atlas leverages VPC peering for AWS, a service that allows multiple VPC networks to interact. This includes VPCs that belong to other AWS account holders. By performing cross account VPC peering, users ensure networks that host and communicate their data are secure. In his session at 20th Cloud Expo, Jay Gordon, a Developer Advocate at MongoDB, will explain how to properly architect your VPC using existing AWS tools and then peer with your MongoDB Atlas cluster. He'll discuss the secur...
Buzzword alert: Microservices and IoT at a DevOps conference? What could possibly go wrong? In this Power Panel at DevOps Summit, moderated by Jason Bloomberg, the leading expert on architecting agility for the enterprise and president of Intellyx, panelists peeled away the buzz and discuss the important architectural principles behind implementing IoT solutions for the enterprise. As remote IoT devices and sensors become increasingly intelligent, they become part of our distributed cloud enviro...
SYS-CON Events announced today that Auditwerx will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Auditwerx specializes in SOC 1, SOC 2, and SOC 3 attestation services throughout the U.S. and Canada. As a division of Carr, Riggs & Ingram (CRI), one of the top 20 largest CPA firms nationally, you can expect the resources, skills, and experience of a much larger firm combined with the accessibility and attent...
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
Imagine having the ability to leverage all of your current technology and to be able to compose it into one resource pool. Now imagine, as your business grows, not having to deploy a complete new appliance to scale your infrastructure. Also imagine a true multi-cloud capability that allows live migration without any modification between cloud environments regardless of whether that cloud is your private cloud or your public AWS, Azure or Google instance. Now think of a world that is not locked i...
SYS-CON Events announced today that Infranics will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Since 2000, Infranics has developed SysMaster Suite, which is required for the stable and efficient management of ICT infrastructure. The ICT management solution developed and provided by Infranics continues to add intelligence to the ICT infrastructure through the IMC (Infra Management Cycle) based on mathemat...
Most companies are adopting or evaluating container technology - Docker in particular - to speed up application deployment, drive down cost, ease management and make application delivery more flexible overall. As with most new architectures, this dream takes a lot of work to become a reality. Even when you do get your application componentized enough and packaged properly, there are still challenges for DevOps teams to making the shift to continuous delivery and achieving that reduction in cost...
@DevOpsSummit has been named the ‘Top DevOps Influencer' by iTrend. iTrend processes millions of conversations, tweets, interactions, news articles, press releases, blog posts - and extract meaning form them and analyzes mobile and desktop software platforms used to communicate, various metadata (such as geo location), and automation tools. In overall placement, @DevOpsSummit ranked as the number one ‘DevOps Influencer' followed by @CloudExpo at third, and @MicroservicesE at 24th.
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 20th Cloud Expo, which will take place on June 6-8, 2017 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 add...
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), will provide an overview of various initiatives to certifiy the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldw...
In his General Session at 16th Cloud Expo, David Shacochis, host of The Hybrid IT Files podcast and Vice President at CenturyLink, investigated three key trends of the “gigabit economy" though the story of a Fortune 500 communications company in transformation. Narrating how multi-modal hybrid IT, service automation, and agile delivery all intersect, he will cover the role of storytelling and empathy in achieving strategic alignment between the enterprise and its information technology.