Doğan Investment Bank

Doğan Investment Bank (D Yatırım Bankası A.Ş.), fully owned by Doğan Şirketler Grubu Holding A.Ş. and its subsidiaries, obtained its operating license from the Banking Regulation and Supervision Agency on May 21, 2021 and commenced its operations on August 2, 2021 with a total capital of TRY 200,000,000. Doğan Investment Bank, thriving to become a leading regional investment bank supporting Türkiye’s economic development and a prominent player of the international financial ecosystem within the country, operates with a mission of providing innovative financial solutions and creating sustainable added value for all its stakeholders at global standards, thanks to its extensive know-how and expertise in both domestic and international markets, prudent banking philosophy and entrepreneurial culture.

In line with its vision, mission and business strategy, Doğan Investment Bank renders investment banking services to its international and local clients and offers diversified services to its corporate and commercial banking clients including structured finance and treasury solutions together with cash management and foreign trade finance products under the umbrella of transaction banking. The Bank has achieved remarkable progress towards its goals of providing access to sustainable and cost-effective long-term funding opportunities and expanding its client portfolio.

The Bank has diversified its investor base via local bond issuances and enhanced its funding sources thanks to its business relationship with local and international banks. The Bank has also increased its activity in primary and secondary markets and served its clients with a wide range of treasury solutions covering foreign exchange, derivatives and securities transactions. With its strong financial performance, Doğan Investment Bank increased its total assets from TRL 1.2 billion at the end of 2022 to TRL 3 billion at the end of 2023, achieving a 2.5-fold growth.

At the end of 2023, the Bank distinguished itself with a net profit of TRL 428 million, an average return on equity of 84%, and an average return on assets of 20%, standing out among the best performers of the banking industry in terms of profitability. As a key pillar of its regional investment banking approach, Doğan Investment Bank offers high value-added and bespoke advisory and brokerage services with a competent investment banking team enjoying deep product know-how, international transaction experience and global reach, to tailor the equity financing needs of its local and international clients. In the field of mergers and acquisitions (M&A), the Bank provides sell-side M&A advisory services to Turkish companies seeking access to growth capital and/or Turkish shareholders considering monetizing their investments and buy-side M&A advisory services to local and foreign investors seeking to expand their operations and exploring investment opportunities in Turkey and international markets.

The Bank also facilitates the IPO process for Turkish corporates and shareholders pursuing listing opportunities in Borsa Istanbul, throughout the entire process, starting from the pre-IPO preparation phase. The Bank also offers brokerage services for equity linked products (exchangeable bonds, convertible bonds, mezzanine financing). Doğan Investment Bank has acted as the exclusive sell-side advisor on behalf of Doğan Holding and Aytemiz family in the largest M&A transaction in Türkiye in 2023 regarding the sale of Aytemiz Akaryakıt Dağıtım A.Ş. to PJSC Tatneft with a deal value of USD 336 million.

The transaction has been awarded as the “Best M&A Deal-Turkey” at the “International Finance Awards 2023” organized by International Finance magazine, one of UK's leading finance and business publications, which annually recognizes leading institutions and landmark transactions. The Bank has also provided M&A advisory services to a Turkish company operating in specialty chemicals production market related with the sale of a majority stake to a leading Turkish conglomerate. In recognition of its achievements in 2023, Doğan Investment Bank has also received the “Best Investment Bank in Türkiye” award in 2023 presented by “Bonds, Loans and ESG Capital Markets CEE, CIS and Türkiye”, the prestigious organization in international financial markets.

Doğan Investment Bank has created structured finance solutions for its clients alongside conventional debt financing products, with its product span addressing diverse financing needs and innovative approach and in particular, sustained its support with respect to debt capital markets with the aim of contributing to the development of capital markets. Since the beginning of 2023, the Bank has arranged 59 bond transactions for its clients in the domestic debt capital markets most of which representing the debut issuances of its clients. The Bank plans to enhance its activities in debt capital markets by facilitating lease certificate issuances through its asset leasing company established in February 2024.