DestekBank has completed its first securitization transaction with TeamSec.
Foreks - Destek Investment Bank A.Ş. has successfully completed its first export entirely with its own resources, thanks to its collaboration with TeamSec. This pioneering VDMK (Asset-Backed Security) securitization process has enabled the bank to achieve lower borrowing costs compared to other financial institutions. TeamSec utilized artificial intelligence, advanced financial engineering, and robust mathematical modeling techniques to provide analytical solutions throughout this process.
As Turkey's first and only AI-supported, cloud-based securitization fintech and regtech company, TeamSec continues to forge strong partnerships. The successful completion of DestekBank's first VDMK securitization marks a significant financial transformation, as it is structured entirely within the bank without any external intermediaries. This achievement not only highlights TeamSec's expertise in financial structuring and optimization but also reinforces DestekBank's leadership in the securitization sector in Turkey.