Emlak Kredi Bank
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Emlak Kredi Bank ( tr, Türkiye Emlak Kredi Bankası) was a former
Turkish Turkish may refer to: *a Turkic language spoken by the Turks * of or about Turkey ** Turkish language *** Turkish alphabet ** Turkish people, a Turkic ethnic group and nation *** Turkish citizen, a citizen of Turkey *** Turkish communities and mi ...
public bank specialized in real estate that operated from 1946 until the government liquidated the bank in 2001.


History

It was founded on 1 September 1946 with a founding capital of 110.000.000 Turkish lira. A former bank named Emlak ve Eytam Bank was merged to Emlak Kredi Bank. In the following years, the number of its branch offices was increased to 307. Some of the important housing projects financed by the bank were in
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. The bank also built a number of notable public buildings such as the central headquarters of
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central headquarters of
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, public housing of Turkish parliament members etc. Beginning by 1980s, some other small banks were merged to Emlak Kredi. On 8 January 1988, Anadolu Bank (which itself was a merger of two former banks) and on 29 November 1992, Denzicilik Bank were merged to Emlak Kredi Bank. However, on 3 July 2001, the government decided to liquidate the bank. Its shares were bought by
Ziraat Bank Ziraat Bankası is a state-owned bank in Turkey founded in 1863. Offers commercial loan support to companies and tradesmen, as well as personal loans such as consumer loans, vehicle loans and housing loans. History During the first half of the ...
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Halkbank Halkbank is a Turkish bank, first incorporated in 1933 as a state-owned bank. After growing throughout much of the twentieth century, it began absorbing smaller-sized state banks around the turn of the millennium. Halkbank is now a publicly trad ...
, two other public banks.Emlak Kredi Bank page
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References

{{Banks of Turkey Banks established in 1946 Banks disestablished in 2001 Banks of Turkey Turkish brands Defunct banks of Turkey