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
Two weeks ago (November 3-5), I attended the Cloud Expo Silicon Valley as a speaker, where I presented on the security and privacy due diligence requirements for cloud solutions. Cloud security is a topical issue for every CIO, CISO, and technology buyer. Decision-makers are always looking for insights on how to mitigate the security risks of implementing and using cloud solutions. Based on the presentation topics covered at the conference, as well as the general discussions heard between sessio...
As organizations shift towards IT-as-a-service models, the need for managing and protecting data residing across physical, virtual, and now cloud environments grows with it. Commvault can ensure protection, access and E-Discovery of your data – whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise. In his general session at 18th Cloud Expo, Randy De Meno, Chief Technologist - Windows Products and Microsoft Part...
Andi Mann, Chief Technology Advocate at Splunk, is an accomplished digital business executive with extensive global expertise as a strategist, technologist, innovator, marketer, and communicator. For over 30 years across five continents, he has built success with Fortune 500 corporations, vendors, governments, and as a leading research analyst and consultant.
To Really Work for Enterprises, MultiCloud Adoption Requires Far Better and Inclusive Cloud Monitoring and Cost Management … But How? Overwhelmingly, even as enterprises have adopted cloud computing and are expanding to multi-cloud computing, IT leaders remain concerned about how to monitor, manage and control costs across hybrid and multi-cloud deployments. It’s clear that traditional IT monitoring and management approaches, designed after all for on-premises data centers, are falling short in ...
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his general session at @DevOpsSummit at 19th Cloud Expo, Eric Robertson, General Manager at CollabNet, will discuss how customers are able to achieve a level of transparency that e...
It is ironic, but perhaps not unexpected, that many organizations who want the benefits of using an Agile approach to deliver software use a waterfall approach to adopting Agile practices: they form plans, they set milestones, and they measure progress by how many teams they have engaged. Old habits die hard, but like most waterfall software projects, most waterfall-style Agile adoption efforts fail to produce the results desired. The problem is that to get the results they want, they have to ch...
"Venafi has a platform that allows you to manage, centralize and automate the complete life cycle of keys and certificates within the organization," explained Gina Osmond, Sr. Field Marketing Manager at Venafi, in this SYS-CON.tv interview at DevOps at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"We're focused on how to get some of the attributes that you would expect from an Amazon, Azure, Google, and doing that on-prem. We believe today that you can actually get those types of things done with certain architectures available in the market today," explained Steve Conner, VP of Sales at Cloudistics, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
For far too long technology teams have lived in siloes. Not only physical siloes, but cultural siloes pushed by competing objectives. This includes informational siloes where business users require one set of data and tech teams require different data. DevOps intends to bridge these gaps to make tech driven operations more aligned and efficient.
Organizations planning enterprise data center consolidation and modernization projects are faced with a challenging, costly reality. Requirements to deploy modern, cloud-native applications simultaneously with traditional client/server applications are almost impossible to achieve with hardware-centric enterprise infrastructure. Compute and network infrastructure are fast moving down a software-defined path, but storage has been a laggard. Until now.
DXWorldEXPO LLC announced today that the upcoming DXWorldEXPO | CloudEXPO New York event will feature 10 companies from Poland to participate at the "Poland Digital Transformation Pavilion" on November 12-13, 2018.
Without a clear strategy for cost control and an architecture designed with cloud services in mind, costs and operational performance can quickly get out of control. To avoid multiple architectural redesigns requires extensive thought and planning. Boundary (now part of BMC) launched a new public-facing multi-tenant high resolution monitoring service on Amazon AWS two years ago, facing challenges and learning best practices in the early days of the new service.
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...
The best way to leverage your CloudEXPO | DXWorldEXPO presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering CloudEXPO | DXWorldEXPO will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at CloudEXPO. Product announcements during our show provide your company with the most reach through our targeted audienc...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors!