HALKBANK - Best Financial & Market Data Information Solution

Company: HALKBANK, İstanbul, Turkey
Entry Submitted By: Business Awards Consulting
Company Description: As one of the strongest and most reliable institutions in the banking sector, Halkbank serves its customers through its branches, offices, private transaction offices, and foreign representative offices throughout the country. Halkbank offers comprehensive financial products and services in order to make the dreams of Turkish investors’ come true.
Nomination Category: Product & Service Categories - Content & Content Technology Solutions
Nomination Sub Category: Financial & Market Data Information Solution

Nomination Title: Halkbank SME Development Solutions

If this is a brand-new product, state the date on which it was released. If this is a new version of an existing product, state the date on which the update was released:

All products have launched in 2020

Nearly70,000 businesseshave applied for the loan, and approximately 60.000 small businesses have been provided with TL1.5 billionin financing support. Halkbank also protected employee and customer health by keeping contact at a minimum level.

Halkbank believes that one of the most important ways to develop SMEs is education and provides several development opportunities for SMEs;

-HalkbankKOBİ, a digital platform exclusive to SMEs offer a wide range of content free of charge
-Halkbank SME Development Platform, a video-based online training platform special for SMEs
-SME TVorganizes news that interest SMEs from every field and presents these news to their attention with short videos.
-SME Dialog Line, which operates 24 hours a day, 365 days a year.
-In 2020, Halkbank increased its assets to 680 Billion TL with an increase of 48.8% compared to previous year and offers all its financial power, knowledge, experience, technology and infrastructure to its SME customers.
-During the pandemic period, Halkbank relieved its customers by postponing the 40.1 billion TL loan of a total of 850.000 business and individual customers.
-Halkbank achieved great success by increasing itsmarket sharein SME loans from 18.5% (2019)to 21.6%(2020). The loans extended by Halkbank to SMEs in 2020 constitute43%of the total cash loans.
-Halkbank’s total tradesmen loans to the tradesmen and artisans soared 65% from TRY 41,042 Million at year-end 2019 to reach TRY 67,518 Million by year-end 2020.
-In 2020, Halkbank extended total of TL 33.2 million in loans with 100% interest discount (zero interest). 29 million TL of this was transferred to tradesmen and craftsmen.
-Halkbank disbursed TRY 18.7 Billion worth of working capital loans to 755.000 tradesmen and artisans and allocated TRY 10.5 Billion worth of Paraf Tradesmen Card line of credit to 556.000 tradesmen and artisans.
-In 2020, Halkbank supported tradesmen and artisans nearing extinction, 3 million TL has been allocated to this people.
-Commercial ParafCard has moved up 5 rows in the market share, from 7th to 2nd in Turkey in 2020.

A steadily-growing, deep-rooted, pioneering and respected brand of rising Turkey, Halkbank was founded in 1938 to support craftsmen and tradesmen and to accelerate Turkey’s lasting economic development. Halkbank has been spearheadingTurkish banking industry’s development while successfully executing its mission of supporting the real economy for 83 years.

With its expertise in SME Banking, Halkbank,‘’Bank of Producing Turkey’’,develops products and services that meet the needs of the real sector. SMEs in Turkey continue to produce and grow with the support of Halkbank, the leader in SME Banking.

As the pandemic started in Turkey at the beginning of 2020, tradesmen and SMEs, whose shops remained closed, are among those most affected economically by the restriction measures implemented throughout the country.Despite all the financial support of the state, these businesses had difficulty in surviving.

So Halkbank increased its support to SME customers by transferring 52.7% of its commercial loans to SMEs, and broke a record by reaching 21.6% market share in SME loans.

Being aware of this great responsibility, Halkbank goes far beyond being a bank that only provides financial support to SMEs, and works like a business partner of SMEs by offering training, consultancy, collaborations and many toher opportunities.

Offering advantageous financial support packages, loans and products for SMEs since its establishment, Halkbank is the Financial Supermarket of SMEs in Turkey. All kinds of financial products and services required by businesses and entrepreneurs of all scales are offered by Halkbank.

In addition to all the priviliged products and services, in 2020, the"Employment Support Loan-Small Business Water of Life Loan"designed to support small businesses and individual companies in difficulty of reaching the loan resources they need.

With its strong technological infrastructure,During the epidemic, companies offered the opportunity to apply for this loan via Halkbankkobi.com.tr, to allocate loans without coming to the branch, and to approve contracts/documents from the digital environment.

Due to word limitations, many advantageous products and services offered by Halkbank to SMEs, tradesmen and entrepreneurs could not be mentioned in this file. For this purpuse, additional files have been prepared and submitted to the review of the dear members of the jury:

Apx1-Video-Halkbank SME Artizans Banking Testimonials
https://youtu.be/pqWHFGapHaY
In the video, in which the customers’ experiences and opinions about Halkbank are conveyed, the opinions of President of the TOBB (The Union of Chambers and Commodity Exchange of Turkey) - Rıfat Hisarcıklıoğlu and President of TESK (Turkey Tradesman and Artisans Confederation) - Bendevi Palandöken are also included.

Apx2-Video-Halkbank Introductory Film
Halkbank's history and introductory film
https://youtu.be/hB43R3-Sv2g

Apx3-Document-Halkbank Company Profile
It is the document in which a general summary of Halkbank's achievements in 2020 and the company profile, history, vision, mission and strategy are introduced.

Apx4-Document-Halkbank SME Banking 2020 Activity Details
You can access the annual report of Halkbank, in which the activities carried out in 2020 for SMEs, tradesmen and entrepreneurs are explained in detail, from this file.

Apx5-Presentation-Halkbank SME Banking Details
In this file, you can find all the products and services offered by Halkbank to SMEs with detailed explanations.

Apx6-Document-Halkbank 2020 Results&Accomplishments