Anadolu Cetelem Alternatifbank
Anadolu Cetelem
(Anadolu Cetelem Tüketici Finansman A.Ş.)

Anadolu Cetelem is a consumer finance company, providing consumer credit at points of sale for a wide variety of goods ranging from consumer durables, white and brown goods, electronic goods, electrical household tools, mobile phones, furniture, personal computers to motorcycles. The company, one of the forerunners in its sector, was established in 1995, through partnerships with Cetelem-France (www.cetelem.com), the leader of consumer finance in Europe and Findomestic Banca Spa (www.findomestic.com) of Italy.

Besides its network of around 3,100 authorized dealers, Anadolu Cetelem also provides credit services for the leading hypermarkets of Turkey. Always aiming for the complete satisfaction of its customers, Anadolu Cetelem introduced a revolution in the credit industry in 1999, by being the first to provide consumer credit for consumer durables with no cosigner obligation and extended this service also to the provision of credit for motorcycles and automobiles with no cosigner, no cosigner - no pledge on vehicle combinations. This soon became a major criterion in the consumer credit sector and was adapted by other financial institutions in the market.

April 27, 2003 / Ekonomist magazine - First signs of demand recovery
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January 27, 2003 / Hürriyet daily - TL 100 trillion from Anadolu to the Turkish consumers
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Anadolu Endüstri Holding   50.00
Cetelem France 30.00
Findomestic Banca Spa 20.00

Decomposition of Yazıcılar's total exposure
Direct 0.00
Indirect 33.96
Total 33.96