MILESTONES

Clearing and settlement of securities trading transactions (i.e., the execution of transactions relating to commitments for the delivery of securities and payments arising from trading transactions carried out in capital markets) was carried out between the trading parties without any intermediary during the period covering 1986-1988 in Türkiye.

These services, which were provided by a directorate within the IMKB between 1988 and 1992, were transferred to İMKB Takas ve Saklama A.Ş., which was established in 1992 as a joint venture between İMKB and its members.

In 1996, for increasing its service diversity IMKB Takas ve Saklama Bankası A.Ş. (Takasbank) obtained a banking licence, after that Takasbank and IMKB estalished Merkezi Kayıt Kuruluşu AŞ (Central Securities Depository Inc.) in order to dematerialize and provide central custody of securities traded on the stock exchange.

In parallel with the change of the title of İstanbul Menkul Kıymetler Borsası (Istanbul Stock Exchange) which is the largest shareholder of our Bank into Borsa Istanbul A.Ş. (Borsa İstanbul Inc.), Takasbank's title was changed to "İstanbul Takas ve Saklama Bankası A.Ş."(Istanbul Settlement and Custody Bank Inc.) as of 11 April 2013.

Years Events
2023
  • As Turkey's National Numbering Organisation, full compliance with ISO 6166 ISIN standards was achieved.
  • BEFAS (Pension Fund Trading Platform) Credit Utilisation Project was completed.
  • Within the scope of the BISTECH 3.0 Programme, the BISTECH Trading System Architecture Dynamic Load Distribution and Clearing Interaction Project was completed.
  • TaşıtTakas e-Devlet integration has been put into service.
2022
  • TapuTakas e-Devlet integration has been put into service.
  • Takasbank ISIN Portal has been put into service.
2021
  • Takasbank Public Collateral Management Service Platform has been put into service.
  • Pension Fund Trading Platform (BEFAS) has been put into service.
  • Cash clearing and collateral management services has started to be provided to EPİAŞ Futures Natural Gas Market (VGP) as the Central Settlement Agency.
  • Cash clearing and collateral management services has started to be provided to EPİAŞ Futures Electricity Market (VEP) as the Central Settlement Agency.
  • Cash clearing and collateral management services started to be provided to EPİAŞ Renewable Energy Resource Guarantee (YEK-G) Market as the Central Settlement Agency.
2020
  • Takasbank TaşıtTakas System has been put into service.
  • Equity-Based Crowdfunding Escrow Agent service has been put into service.
  • Securities Lending Market Automatic Lending Order System has been put into service.
2019
  • Takasbank Blockchain Based Transfer Platform was put into service with “BiGA Digital Gold”.
  • Clearing and Central Counterparty (CCP) service started to be provided for transactions carried out in OTC Derivatives Markets.
  • Collateral uniformity has been established in all markets where CCP service is provided
2018
  • Gold Transfer System has been put into service.
  • Takasbank Cheque Clearing System service has been launched.
  • Cash clearing and collateral management services started to be provided to EPİAŞ Natural Gas Market.
  • Central Counterparty (CCP) service started to be provided in Borsa İstanbul FX SWAP Market and Borsa İstanbul Debt Securities Market.
  • Within the scope of BISTECH Phase 2+, the Debt Securities Market and the Precious Metals Market were integrated into the BISTECH system, and the entire process of related integrations was completed.
2017
  • Takasbank is designated as a R&D Center.
  • Takasbank begins providing CCP services to Borsa Istanbul Equity Market.
  • Central Bank of the Republic of Türkiye designated Takasbank to execute Real Estate Title Deed Transfer Transactions.
  • Takasbank begins providing settlement, collateral and risk management services to the Borsa Istanbul Futures and Options Market on the BISTECH system.
  • Borsa Istanbul Precious Metal and Diamond Markets cash settlement and collateral management services begin directly without a correspondent.
2016
  • Takasbank moved to its new premises at Borsa Istanbul campus, Sarıyer İstinye
  • Takasbank was recognized as a qualified CCP (QCCP) by the Capital Markets Board.
  • Taksbank begins to provide CCP services at Borsa Istanbul Money Market
  • Takasbank applied to ESMA (European Securities and markets Authority) to be recognized as third-country CCP.
  • Services begin to enable investors Borsa Istanbul Futures and Options Market investors to monitor collaterals, positions and investor information via our web site.
2015
  • Migration to NASDAQ Projesi Phare 1 is executed subsequent to the completion of equity market infrastructure application and development practices.
  • Takasbank begins providing "Real-Estate Title Deed Transfer" services for secure real estate transactions
  • Fund Information Platform goes live.
  • Leasing, factoring, financing firms as well as insurance and private pension companies begin to execute transactions at Takasbank Money Market via internet.
  • TEFAS begins to execute transctions with its new implementation principles.
2014
  • Takasbank begins providing CCP  services at Borsa Istanbul Futures and Options Market.
  • Takasbank is granted ISO 22301 Business Continuity Management System (BCMS) Certificate.
  • Takasbank is granted ISO 27001 Information Security Management System (ISMS) Certificate.
  • Takasbank begins providing Portfolio Custody Services.
2013
  • Takasbank title is changed as “İstanbul Takas ve Saklama Bankası A.Ş.”
  • Takasbank is designated as the Central Clearing House of Türkiye in accordance with the Capital Markets Law No. 6362.
  • Takasbank begins to provide CCP services AT Takasbank Securies Lending Market.
  • Takasbank becomes an authorized Local Operating Unit (LOC) for allocation of Legal Entity Identifier (LEI) Codes by the Regulatory Oversight Committee (ROC) under the sponsorship of CMB.
  • Takasbank begins to provide cash settlement and collateral transactions services for Istanbul Gold Exchange transactions.
  • Takasbank begins providing clearing, settlement and custody services to the cotton electronic commodity certificates (ECC).
2012
  • Takasbank logo and corporate identity is revised to best reflect trust being the main value of Takasbank as well as future tarkets.
  • Takasbank was designated as settlement bank by Istanbul Gold Exchange within the framework of providing services via a single common electronic clearing platform under the project of integration of all exchanges under a single roof.
  • Clearing, settlement, risk and collateral management services started to be provided to Borsa Istanbul Futures and Options Market after its launch.
2011
  • Capital Markets Board of Türkiye (CMB) authorizes Takasbank as the Leveraged Transactions (FOREX) Data Trade Repository Agency.
  • Türkiye Electronic Fund Distribution Platform (TEFAS) established by Takasbank and CRA commences operations.
  • Takasbank begins providing cash settlement and collateral management services as Central Settlememnt Bank in the Electricity Market
2008
  • Takasbank becomes a member of the International Institute of Finance (IIF).
  • Takasbank becomes a member of the Organization of the Islamic Cooperation (OIC) Member States’ Stock Exchanges Forum.
2006
  • Clearing and settlement services begin for corporate bond transactions.
  • Takasbank becomes a member of the European Central Securities Depositories Association (ECSDA).
2005
  • Takasbank Money Market enters into service.
  • Takasbank becomes a member of Federation of European and Asian Stock Exchanges(FEAS)
  • VOB Inc. is activated and derivative clearing and collateral management services started to be provided via Takasbank.
2003
  • Takasbank begins providing custody services to the Private Pension System (PPS).
2001
  • Central Registry Agency (CRA) is established under the leadership of Borsa Istanbul and Takasbank.
1997
  • Takasbank Electronic Transfer System (TETS) is deployed.
  • Securities account opened with Euroclear and clearing & settlement of Eurobonds begin
1996
  • IMKB Takas ve Saklama Bankası A.Ş. is established by obtaining an investment banking license.
  • Takasbank's cash loans service is launched.
  • Takasbank Money Market is launched.
1995
  • The Capital Markets Board of Türkiye (CMB) authorizes Takasbank as the National Numbering Agency.
  •  Takasbank becomes a member of the Association of National Numbering Agencies (ANNA)
  • Takasbank becomes a member of the International Securities Services Association (ISSA).
1992
  • İMKB Takas ve Saklama Inc.is established