Diners Club International, Ltd., a business unit of Discover Financial Services and part of the Discover Global Network, and Alternatifbank (ABank), a subsidiary bank of The Commercial Bank of Qatar Q.S.C. (Commercial Bank), the exclusive provider of Diners Club cards in Qatar, today announced an agreement to form a new Diners Club International issuing franchise in Turkey.
The agreement makes ABank the exclusive Diners Club card issuing franchise in Turkey. The joint venture will offer cardmembers in Turkey a compelling new credit card choice that features a host of privileged offers and benefits, including access to more than 550 Diners Club airport lounges globally.
“Turkey is one of the major card markets in the EMEA region and an increasingly important one for our cardmembers,” said Eduardo Tobon, president of Diners Club International. “Working with ABank – the Turkish subsidiary of Commercial Bank – will allow Diners Club to grow its presence in Turkey within the business traveler space, as well as meet the needs of a well-established customer base and offer better support to multinational customers.”
A globally-recognized product, the Diners Club card is accepted in more than 185 countries and territories, in millions of merchant locations, and at more than 1 million ATMs and cash access locations.
“ABank is delighted to become the exclusive issuing bank in Turkey for Diners Club credit cards under this agreement,” said Meriç Uluşahin, CEO, ABank. “Diners Club provides the strongest card products in the world, and our Turkish customers are set to benefit greatly from their availability. We are confident that we will have the same success in Turkey with this affluent segment product as Commercial Bank has in Qatar.”