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Ibadan
4 Level
262 Review
710.5 Karma

Review on OYAK by Bukola Joy

Revainrating 5 out of 5

OYAK a very good charitable and pension fund company is great

oyak company review

OYAK (Ordu Yardımlaşma Kurumu), is popularly known as a Turkish charity and pension fund with around 360+ members and owner of Renault (Oyak). It was Founded in the year 1 March 1961 with it's Headquarters in

Ankara, Turkey.



The OYAK Holding Investment Subsidiary Group currently have 29, 000 as Number of employees and it is one of the largest industrial groups in Turkey, The group was the former owner of ING Oyak Bank (sold to ING Bank in 2007) and the Oypa supermarket chain. OYAK In 2012 was rated BB+/stable by Standard & Poor's.



The group co-owns Oyak-Renault, a car manufacturer, and steel producer Erdemir.



OYAK is a private entity that is subject to Turkish civic and commercial law. OYAK, also provides members with services such as personal loans, home loans, and retirement income systems



Their passional loan is of good advantage because it is on the verge of good interest consideration. Also the home loan is also very renumerated and favourable to any members been given it to





OYAK provides members with "supplementary retirement benefits" apart from the official retirement fund. Not only that but In addition to retirement benefits, OYAK pays disability benefits to members when they become partially or fully disabled, and provides death benefits to the deceased's heirs.



In the industrial sector, the OYAK Group 's companies include iron and steel, chemistry, cement manufacturing, electricity and automotive. These are: OYAK Mining Metallurgy Group, OYAK Cement Concrete Paper Group, OYAK Automotive Logistics Group, OYAK Finance Group, OYAK Service Group, OYAK Chemical Group, OYAK Agricultural Livestock Group and

OYAK Energy Group.



OYAK has 6 Affiliated companies and investments and 1 Subsidiary companies.



Getting to know about OYAK is the best thing and I am recommending them. Check with them in their Headquarters location and on their website



Partnering with this company as a pensioners is of great advantage because you have everything to your good and conviency without any fear of loosing your assets



They have a good strategic planning in carrying out their charitable activities and also a good team who attends to customers needs with full and total attention in making sure that people get the best treatment ever



Though as a great charitable and pension fund company, their services is only available to the Turkish people making it the disadvantage I can see.

Pros
  • OYAK company is a renowned and popular company
  • They have good charitable contributions
  • They have good pension fund strategy
Cons
  • It is only available to Turkish people