ICBC Turkey Bank A.S., together with its subsidiaries, provides various banking products and services in Turkey. The company provides saving deposit, daily time deposit, rates, and time deposit accounts. It also offers consumer loans; and online banking, campaign, citizenship application, cards, payments, investment, safe deposit boxes, life insurances, and individual pension system (IPS) for individuals. In addition, it provides domestic financing, export financing, eximbank loans, foreign credits, non-cash loans, trade finance and RMB loans; and money transfer, POS and merchant services, risk management, investment, organizations, cash management, and insurance services for corporates. The company was formerly known as Tekstil Bankasi Anonim Sirketi and changed its name to ICBC Turkey Bank A.S. in November 2015. The company was incorporated in 1986 and is headquartered in Istanbul, Turkey. ICBC Turkey Bank A.S. is a subsidiary of Industrial and Commercial Bank of China Limited.
Metrics to compare | ICBCT | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipICBCTPeersSector | |
|---|---|---|---|---|
P/E Ratio | −16.0x | 7.2x | 10.1x | |
PEG Ratio | 0.01 | 0.15 | 0.03 | |
Price/Book | 3.3x | 1.3x | 1.0x | |
Price / LTM Sales | 6.7x | 2.2x | 2.9x | |
Upside (Analyst Target) | - | 6.5% | 12.0% | |
Fair Value Upside | Unlock | 6.3% | 0.9% | Unlock |