Structure and Finance
DenizBank extended its product range by adding services like investment banking, brokerage, factoring and leasing, which all were formed under the leadership of DenizBank to "Deniz Financial Services Group". The group of 13 companies employs more than 10,000 people.
On May 31, 2006, the Belgian bank Dexia purchased 75% the stake for US$ 2.437 billion from Zorlu Holding and announced that the bank’s name would not change. The remaining 25% of the shares is being held publicly. DenizBank has 489 branch offices as of 20.09.2010.
The financially troubled main stakeholder Dexia announced on October 10, 2011 that DenizBank will be put up for sale. On June 7, 2012 Sberbank agreed to buy DenizBank for 3.6 billion USD from Dexia.
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