Istanbul Finance Center gathers international firms with the capital markets and financial services sectors.
Global financial centers are the city regions where institutions with the international competence and capacity necessary to ensure the flow of goods, services, information and capital between the national economies of the countries in which they are located and the other economies of the world are gathered.
Besides, global financial centers are very important as they are the source of high-volume financial transactions and innovations. States strive for a region in their own country to become a global financial center. Thus, they try to reach the economic benefits of coming to the fore globally.
Istanbul Financial Center (IFC) project aims the same thing not only for Istanbul but also for Turkey. IFC will be the representative and pioneer of innovative and sustainable development with the projects to be developed on lands owned by the Turkish banking sector, public banks such as the Central Bank, Ziraat Bank, Halk Bank, Vakiflar Bank, as well as public institutions such as the SPK and BBDK, and the private sector offices.
THE NEW GATE OF GLOBAL BUSINESS: IFC
Istanbul International Finance Center project is carried out under the coordination of the Ministry of Environment, Urbanisation and Climate Change. Located within the borders of Umraniye District of Istanbul, IIFC is important for Istanbul to become one of the top 20 financial centers in the world. Thus, this center will be an important business district serving many banks, autonomous public institutions and multinational companies.
AREAS OF ACTIVITY in ISTANBUL FINANCIAL CENTER
Istanbul Financial Center gathers international firms with the capital markets and financial services sectors while ensuring the establishment of an effective ecosystem including asset management, capital markets, digital banking, family offices. Furthermore, IIFC activity areas consist of financial leasing factoring and financing fund management, insurance.
- Investment banking
- Open banking
- Participation finance
- Portfolio management
- Private banking
- Private equity
- Regional management centers
- Retail banking
- Tax, law and consulting firms
PROPERTIES in IFC
Istanbul Financial Center also meets all the needs of the business world thanks to;
- 1.4 million m² of office areas with 21 buildings
- 100 thousand m² of shopping mall with more than 350 retail units
- 22 thousand m² of conference center for national and international events
- 30 thousand m² of 5-star hotel with 300 rooms/375 beds
- a parking lot with a capacity of 26 thousand vehicles
- a smart city model
ISTANBUL FINANCIAL CENTER TO BE AMONG THE WORLD’S TOP 10 FINANCIAL CENTERS
Istanbul International Finance Center Project is of great importance to increase the quality of life in our cities and create brand cities. While being the capital of history, culture, art and science, Istanbul is now on its way to becoming the capital of finance, with the International Finance Center Project.
The main objective is to implement the Istanbul International Financial Center Project immediately and to ensure the integrity of planning and design. Based on the goal of making Istanbul one of the 10 most important financial centers in the world by 2023.
The planning studies for the Istanbul International Financial Center Project, which is one of the initiatives for Istanbul to become a regional and finally a global financial center, have been completed. It will be operational this year. Located in the middle of three bridges and two airports in Umraniye, Istanbul, IFC also offers easy access to its visitors with additional metro and road connections.