Established to provide an efficient financial services ecosystem, the Istanbul Financial Center (IFC) aims to deliver growth to the Turkish economy and international investors by becoming a regional center in the short term and a global center in the medium term. IFC will bring together public and private sector banks, asset management companies, brokerage firms, insurance companies, professional service companies along with Turkish and international financial institutions.
The IFC project, which will become a hub for close co-operation with Turkish and international businesses and investors, includes the offices of the Central Bank of the Republic of Türkiye (CBRT), Banking Regulation and Supervision Agency (BRSA), Capital Markets Board of Türkiye (CMB), Borsa Istanbul, Türkiye Sigorta, Ziraat Bank, Halkbank, Vakıfbank and İŞ REIC.
The IFC will include 1.3 million m2 of office space, a 100,000 m2 shopping mall, a congress center (with the capacity to hold up to 2,100 people), a 30,000 m2 5-star hotel, a car park (with capacity for 26,000 vehicles), all created within a ‘smart city’ model.
The IFC will host up to 50,000 employees daily, offering a state of the art working environment, as well as green space and leisure facilities that will help to support work/life balance and wellbeing for all visitors. As the IFC was developed during the COVID-19 pandemic, all offices are equipped with windows that can open and UV-filtered ventilation systems to ensure that all employees can work in a safe environment.