Chairman of FIBA Group Hyusnya Ozyegin
Credit Bank, Gap shops, Marks and Spencer plc and Banana Republic. For known in Russian Federation the person second for wealth Turkey — the owner of a fortune in $2,6 billion Hyusnya Ozyegin
Hyusnya Ozyegin costs brands, whose business empire in the formation repeated a way of the Turkish economy, is distinguished from billionaires of emerging markets. State buying up of state assets for nothing and not brought it not belonging to the rich clans controlling leading monopolies. It constructed business on interest of the foreign companies to young Turkish economy and on services to the Turkish firms mastering the foreign markets.
Ozyegin loves to repeat: "There are companies with management, and there are companies with money. To find money not the problem. Management — a key to success in business". Probably, money really is not the main value of the billionaire, but the 72-year-old businessman did not lose a business grasp and continues actively them to earn, despite the respectable age.
He several times held the first place in a rating of the richest people Turkey, and now there are on the second place in a top Turkish magazine "Forbes" with a condition of $2,6 billion. Its international diversified group FIBA covers 14 countries, including Russian Federation, includes 63 companies, and the staff of her employees totals about 10 thousand people. FIBA based as financial structure, is presented in financial (banks, leasing, factoring, , management of assets) and non-financial (aircraft, retail trade, real estate, navigable construction and management of port, school of foreign languages) sectors.
since student's years Ozyegin got used to work hard as p. Still he gives to affairs for 11 hours a day, without coming off them neither in the car, nor in the plane, even by the ship. "I am the founder of the business empire, and it brings me satisfaction — American newspaper "The New York Times" provides words of the billionaire. — Hardly to reach top and to remain on it even more difficult".
the First Turk in State of Oregon
Hyusnya Ozyegin was born in 1944 in the city Konya in the central part Anatoly. His father was a doctor. Parents of the father moved to Turkey from Crete at the end of the XIX century when the Ottoman Empire already was on the verge of disintegration. Ancestors Ozyegina located in İzmir.
B 1963 18-year-old Ozyegin ended span Kennedy Robert - college, the most prestigious independent private school to Turkey. After that it went to United States of America within the experimental program of an exchange which was an obligatory stage for going to enter to the American university. At itself the young man had only $1 thousand. The young man the family Lichfildov from Newport accepted, State of Oregon. "Then in the town there lived 5,4 thousand people — Ozyegin remembers. — I visited Sunday services, cut a lawn — generally, tried to lead life of the ordinary American". The young man entered the University State of Oregon, Korvallis who graduated with degree of the bachelor of sciences majoring in from "civil engineering". "I liked State of Oregon, it to me seemed similar on Anatoly (the region Turkey. — RBC ) — are remembered by Ozyegin. — People there were very simple". "I was the first Turk in ROC at ge" — the businessman adds.
After the university termination Hyusnya worked as the designer: designed highways for the city hall Seattle. "I had a standard working day from 9:00 till 17:00 and a salary of $671 a month. In the evenings, from 18:00 till 23:00, I earned additionally in the call-center of the company which sold an aluminum siding (a material of external facing. — RBC ). When it is necessary to call somebody at 22:00, and people of the house take a shower or have supper, they start being irritated very much, especially if they live in houses from concrete blocks as the aluminum siding is necessary only in wooden houses — Ozyegin speaks. — I then unimaginably increased the lexicon. Curses with which interlocutors showered me, I cannot still forget".
the Mediocre pupil
At that time Ozyegin became interested in Harvard in finance and decided to pass the MBA program in the Harward business school, Cambridge, State of Massachusetts. The young man had few chances to arrive: without the credit it was not able to afford so prestigious higher education institution, wrote American newspaper "The New York Times" in 2007. The higher education institution refused to it a loan as Ozyegin had no nationality of United States of America, but the young man was helped by his American "father" Ken Litchfild who acted as the guarantor on the credit.
However even with a grant Ozyegin's candidate the selection committee had to approve p. At University State of Oregon at it was average progress, but he was considered as the active student — played in high school team on basketball and headed the student's self-government uniting 14 thousand pupils. Already in State of Oregon to the young man understanding of came that in business communication it is much stronger, than in engineering. It convinced Kennedy Robert who then ran President of the United States of America from Democratic party to act on Gill Coliseum, basketball arena of higher education institution, and he met senator at the airport and accompanied it on official action.
the Enterprising entrant put p to the statement of some photo with Kennedy Robert. "I think, they were bribed by my leadership skills" — the billionaire remembered. He became the second Turkish student in the history of the Harward business school.
Harvard allowed the pupils to earn additionally p. At the first year Hyusnya worked for other student, preparing dishes on a grill for $1,85 in hour. On the second year he already bought the license to operate business. "In nine months I earned $8 thousand — so much at that time cost two years of training in Harvard. To present measures it is about $120 thousand" — Ozyegin in interview to professor of the Harward business school Felix Oberkholtser-Gui spoke.
of $1 thousand — so much at Ozyegin was with itself money when it went to study to United States of America in 1963
of $671 in a month were earned by Ozyegin at the first work of the designer, designing highways for the city hall Seattle
— so many Ozyegin earned of $8 thousand by strong in nine months, preparing dishes on a grill in Harvard
of $500 thousand. — such bonus Ozyegin earned by strong in five years as the head of Pamukbank
14 of the countries activity of the international group FIBA
covers63 of the company are controlled by FIBA group
of €14,99 million were made by Credit Europe Bank N.V profit. in the first quarter 2016
of €58,95 million were made by net operating profit of Credit Europe Bank N.V.
Acquaintance to banking
To United States of America Ozyegin lived em in the first quarter 2016 in total a little more than ten years. Upon return home it met with the schoolmate Emin Mehmet Karamekhmetom. As Karamekhmet worked in the financial sphere, in the company of the father, and suggested Ozyegin to head bank which was going to buy.
Karamekhmet'sand now have one of leading businessmen Turkey. In 2015 he held the 1605th place in a world rating of magazine "Forbes" with a fortune in $1,2 billion, but in 2016 lost the status of the billionaire. Karamekhmet — the owner and the chairman of the board of directors of the Turkish financial and industrial Çukurova Holding conglomerate, many years acting as the opponent of LetterOne Mikhail Fridman in dispute for shares in the largest Turkish mobile network operator Turkcell.
B 1977 32-year-old Ozyegin was included into board of directors the belonging Karamekhmeta Pamukbank and held this position the next seven years. In parallel it worked as the financial analyst in the holding company of the friend, estimating the potential of new projects. At first Ozyegin developed a branch network in Anatoly, and then to Lybia and Iraq where the Turkish companies started working. The top manager lifted Pamukbank from the 16th on the fifth place in a rating of the largest banks Turkey. Two years later he became the president of Pamukbank.
Approximately at that time the relations between Ozyegin and Karamekhmet seriously worsened. Karamekhmet had problems with the country authorities, and he had to get over for time to Geneva. Already from there he asked the credit for development of production of Schweppes soft drink for the friend. Ozyegin refused to the companion as parameters of a loan surpassed the standards established at that time. Because of the conflict friends did not communicate two years, thus formally being in the relations the chief — the subordinate. In 1984 of Karamekhmet home returned, and the general friend reconciled it with Ozyegin. Five years as the head of Pamukbank brought Hyusnya a bonus of $500 thousand. Then Karamekhmet larger, but problem bank Yap ı got ve Kredi Bankas ı and appointed Ozyegin it the new head.
the Government was aware of a deplorable condition of bank and deliberated to help it due to purchase of 20% of actions of financial institution. Ozyegin achieved a meeting with the Minister of Economics Turkey and convinced him to give it three months for situation correction. For the next two years the top manager managed to turn the unprofitable financial organization into the profitable. In 1986 in Yap ı Kredi was for the first time booked audit, and the bank showed net profit of $60 million
Own business
B 1987 when Ozyegin was 43 years old, he decided to base own banking business — Finansbank. For its start Ozyegin had to sell the two houses and to take the credit of $3 million. Then it founded FIBA financial group. Today FIBA works in 14 countries, the group unites 63 companies, its staff totals 11 thousand people. Finansbank which not is not belonging to FIBA, works in five countries, its branch network totals 630 offices, and staff — 13 thousand people.
Initially the bank set before itself the modest purposes — service of the Turkish companies. Dynamics of profit of financial institution repeated a curve of volatile Turkish economy: the income increased in the years of rapid growth of national gross domestic product and decreased when the Turkish economy went to a minus — in 1994 and 2001.
In the next years FIBA invested in the most attractive sectors, such as real estate, power and retail business, and also was engaged in building of condominiums and shopping centers near business districts of the largest cities of the country.
B 1996 Ozyegin was engaged in retail business, having bought distribution networks of Gima, Endi, Spar and Greens. Three years later the businessman got the franchize at the British retail network Marks and Spencer plc and the Turkish assets of Japanese Sakura Bank. In 2005 Ozyegin sold a distribution network of Gima to the Turkish financial and industrial Sabanc conglomerate ı Holding then redeemed from Japanese owners five-stars Istanbul hotel Swissotel.
B 2006 Ozyegin agreed about sale of the Turkish business of Finansbank to National bank Greece, to the largest and oldest commercial bank of the country. The transaction brought to the businessman of $5 billion. Sale of the first package in bank of 49% in size took place on August 18, 2006. "I remember this day better, than the birthdays — the businessman of American newspaper "The New York Times" told. — I became not only the billionaire, but also the richest person Turkey. This surprising feeling and big responsibility". Finansbank Assets out of Turkey were transferred to p by
under management of the Dutch holding and renamed into Credit Europe Bank. In 1997 of Finansbank opened to Russian Federation, now it continues to work in the country under a brand "the Credit Bank". In 2007 of FIBA got franchizes at the American retailers of Gap and Banana Republic clothes. In 2010 the group bought the Portuguese Millennium Bank which was renamed subsequently into Fibabanka.
B 2013 Ozyegin so explained with p to the correspondent of FT an essence of the business strategy — diversification without calling unfamiliar sectors: "Begin slowly, study the market. We go on risks, but small. We always began with the small capital — €4 million in Netherlands, $10 million to Russian Federation. As soon as we understand the market in the country, we look narrowly at other branches".
Russian aktivy
Kredit Bank
B 1997 of Finansbank opened to Russian Federation, now it continues to work in the country under a brand "the Credit Bank". The Credit Bank totals 69 offices in more than 30 cities. The credit Bank renders services to retail and corporate clients, and also the enterprises . Today the bank serves more than 4,8 million natural persons, more than 1,6 thousand corporate clients and 19 thousand enterprises .
the Bank enters in top-50 the Russian banks by the size of own capital and in top-60 by the size of net assets, according to banki.ru portal (according to RSBU for January 1, 2016, own capital — 20,8 billion rubles. net assets — 139 billion rubles).
"the Credit Leasing"
"the Credit Leasing" began the activity in the Russian market in 2005. The main office of the company is in Moscow. "The credit Leasing" provides leasing services to private and corporate clients, representatives of and to the individual enterprises. "The credit Leasing" is controlled by Credit Europe Group N.V. (enters FIBA Group). "the Credit Layf" the Credit <33> Europe Layf Insurance company is presented to em by p in the Russian market since 2008. "The credit Layf" provides the following : from accidents and diseases; accumulative lives; pension . "The credit Layf" — 100 percent "daughter" JOINT-STOCK COMPANY "KREDIT YEVROPA BANK" (enters FIBA Group). Marks and Spencer plc B 2005 Retail International Holding belonging to Marka Mağazacılık (Marks and Spencer plc Turkey, FIBA Group), got the franchize on use of the rights of Marks and Spencer plc to Russian Federation. For today 34 shops, from them 20 shops in Moscow, four shops in Saint Petersburg, Rostov-on-Don, Yekaterinburg, Novosibirsk, Nizhny Novgorod, Omsk and Krasnodar and other large cities Russian Federation function. The staff of a network totals 1012 people. of Gap Russia of Gap Mağazacılık A. Ş. got the franchize on use of the rights of Gap to Russian Federation and began operations in December, 2008. For today 16 Gap shops function. The staff of a network totals 269 people. of Banana Republic of Gap Mağazacılık A. Ş. got the franchize on use of the rights of Banana Republic to Russian Federation and began operations in September, 2011. For today six shops Banana Republic function, the staff of a network totals 66 people. of Wall Street Institute In February, 2008 to Russian Federation the company INDEPENDENT NONCOMMERCIAL ORGANIZATION SATELLITE OFFICE "PREMIUM" (enters FIBA Retail), the owner of the franchize of schools of English of Wall Street English started working. The first training center opened the doors in June, 2008. For today six training centers of Wall Street English work. of Auto Partners of Auto Partners — the sisterly company Credit Europe Bank entering FIBA Group, representing services of operational leasing of cars with full service and fleet management, started working to Russian Federation in 2006. The general park under control of the company makes 3500 cars.