Timeline

1992
Demir-Halk Bank (Nederland) N.V. was incorporated. Shareholders: Demirbank T.AS. 70% and Turkiye Halk Bankasi A.S. 30%

1993
Commenced operations in April 1993

1995
Amsterdam and The Hague branches opened

1996
First syndication was secured $45M. Istanbul rep. office was opened

1997
3 syndications secured DEM 50M, $30M, $40M. Rated by Thomson BankWatch

1998
Internet site launched. Düsseldorf and Hamburg branches opened

1999
Brussels branch opened. Consumer banking activities started and established call center

2000
Opened Cologne branch. Mortgage and Insurance subsidiary established. Capital increased to 113M. 70 % shares transferred to BRSA

2001
Munich, Stuttgart, Antwerp and Berlin branches opened. DHB Netbanking and consumer lending is launched

2002
Disbank N.V. was acquired. 70% shares of Demir-Halk Bank (Nederland) N.V. bought equally by Mr. Halit Cingillioglu (and transferred to HCBG Holding B.V. in 2003, solely owned by Mr. Cingillioglu) and Mr. Aydin Dogan

2003
Implementation of self developed banking software Matrix. Debit cards & ATM.

2004
Activity in new markets (CIS). Initiation of structure trade finance activities. Introduction of credit card insurance

2005
Upgraded by Fitch to BB. Website being awarded 5th place in Dutch banking sector. Chosen to be the best bank in deposits by EUROfinanzen in Germany. HCBG Holding B.V. controls 70%

2006
Launching of Turkey Home Credit (mortgages to European residents for real estate purchase in Turkey). Chosen the best bank in deposits by EUROfinanzen for the second time. Largest ($ 200 mio) and best priced syndication of Demir-Halk Bank (Nederland) N.V. 

2007
Fitch rating withdrawn. New rating from Moody's: Ba1 (equivalent of BB+)

2008
Acquisition of 66.56% stake in Export & Credit Bank Inc., Skopje. The outbreak of the global financial crisis.

2009
Reorganizational initiatives that resulted in the closure of sub-branches in Germany. Ba2 rating from Moody’s.

2010 
Reorganizational initiatives that resulted in the closure of sub-branches in Belgium. Centralization in Brussels of retail lending opreations.

2011 
Sale of 66.56% stake in Export & Credit Bank Inc., Skopje to Turkiye Halk Bankasi A.S.

2012 
20th year of DHB Bank’s establishment

2014
Reorganizational intitiatives - prompted by DHB Bank terminating all cash transactions as well as remmitance services - that resulted in the closures of branches in The Netherlands that were active solely in these areas.

2015
Deposit rating upgraded to Ba1 and counterparty risk assessment assigned as Baa2 by Moody's.

2017
The Head Office moved to the First Building at Weena 780 in Rotterdam.

2020
Moody’s rating withdrawn.

2023
The statutory name changed from Demir-Halk Bank (Nederland) N.V. to DHB Bank N.V.