Total assets in 2016: TL 3.8 billion
Established to provide customers with
financing alternatives at sales locations,
Koçfinans delivers loan services, primarily
in the automotive sector but also in white
goods, education, motorcycles, mortgage
and housing development. Koçfinans
provides financial solutions, without the
intermediation of branches, via dealers
who sell the products and services covered
by the loan.
In 2016, Koçfinans expanded its loan
portfolio with fleet loans and dealer
inventory financing products for the
automotive market in addition to new car
and second-hand auto loans. As a result,
the Company reported 20% growth
over the prior year, with its loan portfolio climbing to TL 3.4 billion. In the housing
development and education sectors, the
client portfolio expanded significantly with
the number of its customers doubling in
the last two years.
Under the “Innovation and Digital
Transformation” programs of Koç Holding,
Koç Finansman initiated efforts related
to cultural awareness and transformation
with the aim of standing out in today’s
digitized world with innovative products
and services. As part of the “New Things
Innovation Program,” new business ideas
from employees were turned into projects
to be implemented in the Company.
In 2016, Koçfinans’ short term national
credit rating was upgraded to (TR) A1+
and its long term national credit rating
rose to (TR) AA-.
Outlook, targets and strategies in
In line with its slogan “Koçfinans supports
your dreams,” Koçfinans plans to
enhance its competitive edge and
strengthen its market position through
customer-oriented and innovative projects.
The Company aims to meet the financing
needs of retail and commercial customers
in every area of their lives.
In 2017, in the second stage of the “New
Things Innovation Program,” Koçfinans
will embrace new business ideas from
stakeholders and the entrepreneurial
ecosystem via open innovation. The
Company is committed to delivering
clients and sellers digital solutions that will
provide unmatched experiences through
all Koçfinans service channels.