BANKING TRACK

Organized by the BankingTechnology Club during the Economic Mission led by HRH Prince Philippe to

15-17 October 2012

In cooperation with

1. CONTACT PERSONS

Agoria BankingTechnology Club Agoria International Business Debbie Thys Peter Demuynck +32.494.46.43.30 +32.477.52.72.82 [email protected] [email protected]

More information: www.bankingtechnologyclub.be

2. PROGRAM

TUESDAY 16 OCTOBER -

10.00 Visit to Ziraat Bankasi - http://www.ziraat.com.tr

Meeting with the Payment Systems Group President

Ziraat is the second largest Bank in Turkey, after Is Bank. The bank has a strong focus on servicing its customers, having the largest service network in Turkey including ATM’s, Call Centers, Online Banking, Mobile Banking, etc. has a strategy to grow not only domestically, but also to enlarge its global footprint. Today Ziraat Bank has 76 service points in 16 countries.

12.00 Power Lunch ‘Banking’ in the Presence of HRH Prince Philippe from Belgium at the Residence of the Consul General in Istanbul

Power lunch to promote the know how of Belgian IT companies, all suppliers for the financial industry, towards the decision makers of the Turkish . Keynote from Minister Benoît Cerexhe, followed by an introduction of the members of the Banking Technology Club. For more info on the Turkish participants, see addendum 1.

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15u00 Visit to Is Bankasi – http://www.isbank.com .tr

Meeting with the Division Head Information Technologies

Is Bankasi is Turkey’s first public bank and premier national financial institution. The bank operates more than 100 branches domestically, giving it one of the largest branch networks in Turkey.

WEDNESDAY 17 OCTOBER – ISTANBUL

09u00 Visit to – http://www. Akbank.com

Meeting with the Senior Vice President – Project Management Division at Akbank

With a strong and extensive domestic distribution network of 950 branches and more than 16,000 employees, Akbank operates from its Head Office in Istanbul and 23 regional directorates across Turkey. In addition to offering services through branches - the Bank’s traditional delivery channel - Akbank also serves customers through Akbank Direkt Internet, the Telephone Banking Center, approximately 4,000 ATMs and more than 290,000 POS terminals as well as other high-tech channels.

13u00 Visit to YAPI KREDI – http://www.yapikredi.com.tr

Meeting with the CIO

Yapi Kredi’s strategic business unit based service model consists of five major segments, namely (including SME banking), credit cards, , commercial and corporate banking. In addition, Yapi Kredi has domestic subsidiaries, namely “Product Factories”, foreign subsidiaries and other subsidiaries. On the domestic market they are the fourth largest private bank and have amongst others the fourth largest branch network and the sixth largest ATM network.

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3. PARTICIPANTS OF THE BANKING TRACK

• BTR SERVICES (Kristof Breesch, COO)

BTR Services is a Belgian ICT company specialized in the always evolving world of Banking & Insurance. A world where transformations go faster than ever before, and where financial institutions are slowly willing to change along with the modern environment. The ‘conservative attitude’ of these institutions is transforming into a more open view in relation to technical and business strategies. Consolidations and migrations force banks & insurance companies to progress on the road of transformations. Changes in legislation have created more complex activities. Our product LetterGen is a state-of-the- art document generation system based on open standards capable of both realtime and high volume generation. The generated documents are presented as ODT, DOC, PDF, Tiff, JPG and are distributed by fax, email or printer. With Letter-Signer you can sign documents on a tablet pc with a classical signature or with a digital signature.

• BUSINESS SOLUTIONS BUILDERS BELGIUM (Didier Vankeerberghen, Corporate Sales Director – David Govan, Business Development)

Cutting-edge solutions for life insurance administration, and asset and wealth management BSB is a provider of business solutions and IT services for insurers, private bankers, portfolio managers, wealth managers, holding companies, independent financial advisors and investment funds. It has more than 100 customers in 23 countries in Europe, including Turkey. BSB’s flagship products are Solife for life insurance administration and Soliam for institutional asset management and private wealth management. A subsidiary, Solfia, offers an off-the-shelf SAAS portfolio aggregation service based on Soliam and ASP solutions for both life insurance and asset and wealth management. BSB was founded in 1995, employs 350 people and has its headquarters in Belgium. It has offices in Belgium, France, , Ireland, Luxembourg, the Netherlands, Switzerland and the United Kingdom.

• MAINSYS ENGINEERING (Gauthier Storm, Managing Director – Jacques Van Hemelryck, Senior Adviser, Reyyan Aksoy, Manager)

MAINSYS is specialised in IT service and software editing for the banking and financial sector.

MAINSYS:

ü conceives and develops its own software packages (FRONTeO, COCPIT) ü provides experts for study, analysis and consultancy missions ü designs tailor-made IT solutions ü integrates banking software packages

Since 1995, numerous financial institutions in Belgium, France, Luxemburg, Switzerland and Poland have benefited from the services provided by more than 150 highly graduated experts.

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• SECURIT (Marc Vanmaele - CEO)

SecurIT provides IT security solutions to large organisations, more in particular in the area of Identity& Access Management. This is the security domain focusing on "letting the good guys in" by controlling the user's Identity, managing access to the appropriate resources and keeping track of events for auditing and regulatory purposes. The company, headquartered in Ghent, Belgium, with subsidiaries in Amsterdam and , partners with IBM on a worldwide basis for its unique TrustBuilder software solution. TrustBuilder is in use by large corporations around the globe, offering security services in the area of Versatile Authentication, Adaptive Access Control and Transaction Signing. SecurIT is a member of the Agoria Banking Technology Club steering committee.

• SOPRA BANKING SOFTWARE (Tammo Van Leeuwen, Manager Market Development)

Sopra Banking Software is an international banking software provider. It delivers a global banking offer built upon the wide range of software solutions from Sopra Group, Callataÿ & Wouters and Delta informatique, all of which enjoy a solid and positive market recognition. Through its products and services, the company solves IT and business challenges faced by the banking sector. With the support of Sopra Group (14,000 people), its wide range of solutions, and its 1,500 experts, Sopra Banking Software already serves more than 700 customers in over 70 countries.

• VASCO Data Security (Jan Valcke, Managing Director)

VASCO is a leading supplier of strong authentication and e-signature solutions and services specializing in Internet security applications and transactions. VASCO has positioned itself as a global software company for Internet security serving a customer base of approximately 10,000 companies in more than 100 countries, including approximately 1,700 international financial institutions. VASCO’s prime markets are the financial sector, enterprise security, e-commerce and e-government.

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4. FINANCIAL SECTOR IN TURKEY

Turkey’s financial sector is still in the development stage, with ready for further expansion, driven by solid economic growth along with declining interest rates and inflation. According to the Turkish Banking Regulation and Supervision Agency (BRSA), the Turkish financial sector increased by approximately 20 percent of CAGR (compound annual growth rate) between 2002 and 2010. As regards asset sizes, 77 percent of the assets belong to the banks, meaning that the sector is dominated by the banks. The Turkish insurance sector is also developing rapidly with 25 percent of CAGR during 2002-2010, and has gained new momentum after the social security reform that has introduced universal health insurance.

Some facts about the Turkish financial sector:

ü Turkey’s financial market is highly liberalized. ü Turkey’s regulatory bodies have improved steadily since 2001, and the economy has become resilient to both domestic and external financial fluctuations. ü The Central Bank of the Republic of Turkey (CBRT) has effective instruments for managing liquidity and flexibility to provide emergency lending assistance. ü Despite the global financial crisis, Turkey’s banking sector remains sturdy and profitable. ü Turkey’s financial institutions were not exposed to “toxic assets” caused by the financial crisis. ü The banking sector had a sound capital adequacy ratio of 19 percent in 2010, far above the legal limit of 8 percent. ü The household liability ratio to GDP was 17 percent in 2010, while it was 66 percent in the Euro area. ü The Istanbul Stock Exchange (ISE) only began its operations in 1986, but it grew quickly to become one of the top emerging market exchanges of the world. ü Foreign and local investors are equally treated and there are more than 20 banks with foreign capital. ü According to ISE, more than 60 percent of the total value of the traded stocks is held by foreign investors as of October 2011. ü The Istanbul Financial Center Project is set to make Istanbul a regional financial center within ten years and a global center in a few decades. ü The Turkish government is constantly working to improve the Turkish tax system, legal and fiscal environment, political and economic stability and regulatory framework in order to attract financial investments.

Turkey has also a strong nationwide branch network, the banks have good liquidity and the regulatory framework is vast and robust!

(source: www.invest.gov.tr)

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5. ADDENDUM

Addendum 1: Turkish participants at Power Lunch ‘Banking’

1 ZIRAAT BANKASI Mr. Bilgehan KURU Assistant General Manager of Treasury

2 Mr. Hasan CEBECI Chairman

3 ISBANKASI Mr. Ersin ÖZINCE Chairman

4 GARANTI Mr. Onur GENC Executive Vice President BANKASI

5 AKBANK Mr. Hayri CULHACI Vice Chairman

6 YAPI KREDI Mr. Mert GUVENEN Corporate & Commercial Banking Manager BANKASI

7 Mr. Hakan ATES Chairman

8 EXIMBANK Mr. Hayrettin General Manager KAPLAN

9 TEB Mr. Varol CIVIL Executive Director & General Manager

10 IMKB Mr. Murat ULUS Chairman TAKASBANK

11 Mr. Kerim Chief Financial Officer-Memebr of the Board KEMAHLI

12 ALTERNATIF Mr. Aytay Tolga Vice General Manager BANK SENEFE

13 TEKSTILBANK Mr. Halit DÖVER Executive Vice President

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