CEE’s best bank for SMEs 2016: TEB

Awards for Excellence 2016

Results index

SME banking is big business in Turkey, where smaller firms account for more than 80% of employment and 56% of exports. All of the country’s larger lenders have devoted substantial resources to the segment, particularly since the imposition of curbs on retail lending in 2013. However, the market leader in terms of investment and innovation remains sector specialist TEB, which wins this year’s CEE award for best bank for SMEs.

Part of the BNP Paribas group, TEB moved into SME banking in 2005 and promptly launched a range of unique services for clients in the sector.