The story
Founded by Hüsnü Özyeğin in 1987.1
Fiba Group was founded in 1987 by Hüsnü Özyeğin with the establishment of Finansbank in Turkey. In 1990, the group began expanding internationally, starting with banking operations in Switzerland. Over the next several years, it launched banking subsidiaries in Romania, Russia and the Netherlands. In 2006, Fiba Group sold its Turkish banking arm, Finansbank, to the National Bank of Greece, while retaining and rebranding its foreign operations under the name Credit Europe Bank.
To re-establish a presence in the Turkish financial market, Fiba Group founded Fibabanka in 2010. The group entered the asset management sector in 2013 with the creation of Fiba Portföy.
In 2024, the group's retail division obtained the Turkish franchise rights for Forever 21 and Lululemon. In 2025, Fiba Retail acquired a 50% stake in Sportive through a joint venture with İş Private Equity.
From Wikipedia’s article on Fiba Group, shared under CC BY-SA 4.0.4