Odea Bank AS, established in 2012 and headquartered in Istanbul, Turkey, operates as a retail bank focused on providing innovative financial solutions to its customers. It offers a range of services including personal and commercial banking, asset management, and treasury services, aimed at enhancing customer experiences and supporting economic growth.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| BANAUD 8.61% 2027-08-01 USDOdea Bank AS | Turkey | 2027-08-01 | 8.606 | 7.97 |
| BANAUD 8.61% 2027-08-01 USDOdea Bank AS | Turkey | 2027-08-01 | 8.606 | 7.97 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Odea Bank AS commenced its bond issuance in 2016, quickly establishing a presence in the fixed income market. Notable bond offerings include a significant issuance in 2020 as part of a strategy to enhance liquidity amid economic challenges. Currently, Odea Bank's bonds yield competitively within the industry, reflecting a commitment to maintaining investor confidence and supporting sustainable business practices. Special features of recent bond issuances include attractive coupon rates and call options, with ongoing discussions in the market regarding potential future issuances to bolster the bank's capital structure.