KentBank Success Story – How Turkey’s leading conglomerate runs a European Union bank on Mbanq solutions

A bona fide success story in its class, KentBank stands out on the European banking market with its steady growth over the past decade, superior asset quality, low NPL ratio and a constantly higher capital adequacy ratio than legally required.

KentBank is owned by the Süzer group, one of the most successful Turkey-based conglomerates. As part of their diversification and internationalization strategies, the group eventually ventured into the EU banking sector with an acquisition of a bank in Croatia, the youngest EU member state.

They developed the KentBank brand and arranged a thorough selection process to find a banking technology partner that could support their ambitions. Their partner of choice? Mbanq