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11/27/2017

Inauguration of First Turkish Capital Investment Bank Dome Group Made in London With Participation of Prime Minister Yıldırım

Main mission of Dome founded by Doğuş+Fiba Holding partnership, the inauguration of which also participated by Ferit Şahenk and Murat Özyeğin, will be to attract long term foreign capital investments to Turkey, to protect interest of Turkish companies in international investment circles, to act as bridge between investment centers and Turkish companies

The inauguration of "Dome Group", the first Turkish Capital Investment Bank in London has been participated by Prime Minister Binali Yıldırım, Ferit Şahenk (Doğuş Holding Board of Directors) and Murat Özyeğin (Fiba Holding Vice Chairman of Board of Directors).

Speaking at the opening, Prime Minister Yıldırım has explained the meaning of Dome, which corresponds to Roof and went on to say,

"Doğuş Holding, Fiba Holding and other partners which contributed with cash, time and Money to this initiative will provide required benefit to our economy and in other operations to be carried out by this Investment Bank. It will be a win-win process for them and for our economy. It will also constitute a model for other investors as being the first in this sense".

Objective of foundation of Bank and fields of activities

The objective of foundation of Dome Group Investment Bank, to act in London, is to attract long term foreign capital investments to Turkey, to protect interest of Turkish companies in international investment circles, to act as bridge between investment centers and Turkish companies. Bank, will act as the reliable consultant of Turkish companies and Holdings within the context of this mission, will arrange the investments to be made in Turkey and will support Turkish companies to expand and grow in markets like Africa, Middle East and Europe.

Three main field of activity of Bank are elaborated as,

1. Credit Fund: to make use of our investment commitments (current USD 300 million- targeted fund volume in nest three years USD 1 billion) in most efficient way by developing special borrowing and capital financing solutions prepared in conformity with requirements of Turkish companies.

2. Company Investment Services: to provide support for companies in purchasing, selling, merging and transfer transactions, tor ender financial and strategical consultancy services.

3. Capital Markets: to facilitate Access of Turkish companies to international loaning and capital markets.

Dome's objective is to attract long term investments to Turkey by creating cooperation projects between Turkish companies and foreign companies and also to protect interests of Turkey and Turkish companies in international investment circles in global terms.

-Dome will focus on diversifying and increasing the direct foreign capital investment sources to flow to differing sectors and Turkey (from Western, Middle Eastern and Asian countries).

-Dome will secure Turk Business world to be connected to global financial centers (New York, London, Hong Kong, Dubai).

-Dome Turk Investment Agency will work for stepping up investment flow to strategical export sectors of Turkey, in cooperation in an integrated understanding with Turquality and Eximbank.

Among the founders and executive partners of the bank are most prominent experienced agencies and bankers

It is reported that Doğuş Group and Fiba Group, among the main partners of bank as well reputed big holdings of Turkey have extended funds from their own companies credit fund, that the experiences of these groups particularly in the fields of financials services (Finansbank, Fibabanka, Credit Europe, Garanti) and of investment will be used. 

Among the Dome Group's founders and executive partners are most prominent global and local agencies (Goldman Sachs, Garanti) ad well experienced bankers. Founder and executive partners and Board of Directors of the company are composed of experienced and successful names of Turkish banking and global investment banking like Ergun Özen (Former Director General of Garanti Bank ) Çağlayan Çetin (Former Turkey Director General of Goldman Sachs), Murat Özyeğin (Fiba Group Board of Directors member), Süleyman Sözen (Garanti Bank, Chairman of Board of Directors), Rachid Mohamed Rachid (Founder Partner and Board of Directors member).

Reportedly, executive partners of the company had realized merging and purchasing transactions totaling to about USD 100 billion for Turkish companies until today.

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