KT Bank AG

KT Bank AG with headquarters in Frankfurt/ Main, Germany, is the first bank in Germany which introduced comprehensive financial products and services according to Islamic banking principles. KT Bank is a wholly owned subsidiary of Kuveyt Türk Katılım Bankası A.Ş. in Istanbul. KT Bank has a full banking license under German law for the provision of deposit and credit business in Germany. The bank is also a member of the Compensation Mechanism of German Banks "Entschädigungseinrichtung deutscher Banken GmbH"​ (EdB). On July 1st, 2015, KT Bank commenced its activities on the German market and the expansion of its branch network. The bank operates branches in Mannheim, Frankfurt, Berlin and Cologne. Islamic-compliant investment and financing products for retail and corporate clients.