As of September 2006, the size of the banking industry is 88.2% of total financial sector in Turkey. There are 51 banks as of April 2022: 3 public deposit, 8 private deposit, 21 foreign deposit, 3 public investment, 9 private investment, 4 foreign investment, 4 participation banks and 3 banks under the supervision of the

TMSF The Savings Deposit Insurance Fund of Turkey ( tr, Tasarruf Mevduatı Sigorta Fonu), a.k.a. TMSF in abbreviated form, is the governing body concerned with matters of fund management and insurance in the Turkish banking system. The body was found ...

. Notice also that total bank assets, as of September 2006, are 473.7 billion Turkish lira. This makes up 86.3% of the

gross national product The gross national income (GNI), previously known as gross national product (GNP), is the total domestic and foreign output claimed by residents of a country, consisting of gross domestic product (GDP), plus factor incomes earned by foreign ...

. Below is a list of banking institutions operating in Turkey, provided by the Turkish Banking Regulation and Supervision Agency and the

Banks Association of Turkey The Banks Association of Turkey (sometimes referred as, the ''Turkish Banks Association'') or ''Türkiye Bankalar Birliği'' (TBB) is an organisation for banks in Turkey. Membership is compulsory for commercial and investment banks operating in T ...

Banks Association of Turkey list of member institutions as of 2 May 2010
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List of banks in Turkey by total assets

Deposit banks

State-owned deposit banks

* Türkiye Cumhuriyeti Ziraat Bankası A.Ş

* Halk Bankası, Türkiye Halk Bankası A.Ş

* VakıfBank, Türkiye Vakıflar Bankası T.A.O. (not actually owned by the state; see the article for further information

Privately owned deposit banks

Adabank Adabank A.Ş. was founded in 1984 and was seizured from the Uzan Grubu as from the İmarbank Scandal. 99.9% of the company was transferred to the TMSF, the Turkish Savings Deposit Insurance Fund. Adabank A.Ş. was sold in 2006 to the Kuwaiti, The ...

A.Ş

*

Akbank Akbank T.A.Ş. is one of the largest banks in Turkey. Founded in 1948, , it had revenues of nearly TL 13.7 billion. Listed on the Borsa Istanbul, its largest shareholders are members of the Sabancı family. Akbank is a bank that offers vehicle ...

T.A.Ş

* Anadolubank A.Ş

*

Fibabanka Specialized in the areas of Corporate, Commercial, SME and Enterprise, Retail, Agricultural and Private BankingFibabankaoffers services with a young and dynamic workforce. Become the “Most Loved Bank of Turkey” while improving its service q ...

A.Ş

* Şekerbank T.A.Ş

* Türk Ekonomi Bankası A.Ş

* Turkish Bank A.Ş

*

Türkiye İş Bankası Turkey ( tr, Türkiye ), officially the Republic of Türkiye ( tr, Türkiye Cumhuriyeti, links=no ), is a transcontinental country located mainly on the Anatolian Peninsula in Western Asia, with a small portion on the Balkan Peninsula in ...

A.Ş

* Yapı ve Kredi Bankası A.Ş

Banks under TMSF

* Birleşik Fon Bankası A.Ş. (formerly Bayındırbank A.Ş.

*

A.�

* Türk Ticaret Bankası A.�

Foreign banks

Foreign deposit banks founded in Turkey

* Alternatif Bank A.Ş

* Arap Türk Bankası A.Ş. ( A&T Bank

*

Bank of China Turkey A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because ...

A.Ş

*

Burgan Bank Burgan Bank, established 1977, is Kuwait's second largest conventional bank by assets. It is a subsidiary of Kuwait Projects Company Holding and operates a network of 24 branches and over 100 ATMs. Burgan is one of the youngest banks in Kuwait. ...

A.Ş

*

Citibank Citibank, N. A. (N. A. stands for " National Association") is the primary U.S. banking subsidiary of financial services multinational Citigroup. Citibank was founded in 1812 as the City Bank of New York, and later became First National City ...

A.Ş

* Denizbank A.Ş

*

Deutsche Bank Deutsche Bank AG (), sometimes referred to simply as Deutsche, is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Sto ...

A.Ş

* HSBC Bank (Turkey), HSBC Bank A.Ş.br>
*

ICBC Turkey ICBC Turkey Bank A.Ş., previously known as Tekstilbank A.Ş. was founded in 1986. In 2014, GSD Holding A.Ş sold their 75.5% stock to Industrial and Commercial Bank of China. The acquisition completed in April 2015. In November 2015, the name of ...

Bank A.Ş

(formerly Tekstilbank A.Ş.) *

ING Ing, ING or ing may refer to: Art and media * '' ...ing'', a 2003 Korean film * i.n.g, a Taiwanese girl group * The Ing, a race of dark creatures in the 2004 video game '' Metroid Prime 2: Echoes'' * "Ing", the first song on The Roches' 1992 ...

A.Ş

* MUFG Bank Turkey A.Ş

* Odea Bank A.Ş

* Finansbank, QNB Finansbank A.Ş. (owned by

Qatar National Bank Qatar National Bank (QNB Group) ( ar, بنك قطر الوطني) is a Qatari multinational commercial bank headquartered in Doha, Qatar. It was founded in 1964 and currently has subsidiaries and associates in 31 countries spanning three contine ...

Rabobank Rabobank (; full name: ''Coöperatieve Rabobank U.A.'') is a Dutch multinational banking and financial services company headquartered in Utrecht, Netherlands. The group comprises 89 local Dutch Rabobanks (2019), a central organisation (Raboban ...

A.Ş

* Turkland Bank A.Ş

* Garanti BBVA, Türkiye Garanti Bankası A.Ş

Foreign deposit banks having branches in Turkey

Bank Mellat Bank Mellat ( fa, بانک ملت, ''Bank Milât'', lit. ''People's Bank'') is a private Iranian bank. Its name means "Bank of the Nation". Bank Mellat was established in 1980, with a paid capital of Rials 33.5 billion as a merger of ten pre-revol ...

br>
* HBL Pakistan, Habib Bank Limite

*

Intesa Sanpaolo Intesa Sanpaolo S.p.A. is an Italian international banking group. It is Italy's largest bank by total assets and the world's 27th largest. It was formed through the merger of Banca Intesa and Sanpaolo IMI in 2007, but has a corporate identity s ...

S.p.A

*

JPMorganChase JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of 2022, JPMorgan Chase is the largest bank in the United States, the w ...

N.A.

*

Société Générale Société Générale S.A. (), colloquially known in English as SocGen (), is a French-based multinational financial services company founded in 1864, registered in downtown Paris and headquartered nearby in La Défense. Société Générale ...

(SA

Participation banks (interest-free banking/Islamic banking)

State-owned participation banks

* Türkiye Emlak Katılım Bankası A.Ş

*

Ziraat Katılım Ziraat Katılım is a state-owned participation bank in Turkey. The bank was founded on 12 May 2015, and is wholly owned by Treasury of Turkey. Ziraat Katılım is a member of Ziraat Finance Group, which has Turkey's largest bank Ziraat Banka ...

Bankası A.Ş

* Vakıf Katılım Bankası A.Ş

Privately owned participation banks

* Türkiye Finans Katılım Bankası A.Ş. (Turkey Finance Participation Bank Inc.

Foreign participation banks founded in Turkey

* Albaraka Türk Katılım Bankası A.Ş. (Albaraka Türk Participation Bank Inc.

* Kuveyt Türk Katılım Bankası A.Ş. (Kuwait Turk Participation Bank Inc.

Development and investment banks

State-owned development and investment banks

* İller Bankasıbr>
* Türk Eximbankbr>
*

Türkiye Kalkınma Bankası Turkey ( tr, Türkiye ), officially the Republic of Türkiye ( tr, Türkiye Cumhuriyeti, links=no ), is a list of transcontinental countries, transcontinental country located mainly on the Anatolia, Anatolian Peninsula in Western Asia, with ...

A.Ş

Privately owned development and investment banks

* Aktif Yatırım Bankası A.Ş

* Diler Yatırım Bankası A.Ş

* Golden Global Yatırım Bankası A.Ş

* GSD Yatırım Bankası A.Ş

* IMKB Takas ve Saklama Bankası A.Ş

*

Nurol Yatırım Bankası Nurol Yatirim Bankasi, referred to as Nurol Bank in English, is a financial services company based in Turkey. It is located in Maslak, an area of Istanbul, their offices are based in Nurol Plaza. Overview Nurol Bank is a bank in Turkey with TR ...

A.Ş

* Türkiye Sınai Kalkınma Bankası A.Ş

Foreign development and investment banks

* BankPozitif Kredi ve Kalkınma Bankası A.�

* Merrill Lynch Yatırım Bank A.Ş

*

Pasha Yatırım Bankası Pasha, Pacha or Paşa ( ota, پاشا; tr, paşa; sq, Pashë; ar, باشا), in older works sometimes anglicized as bashaw, was a higher rank in the Ottoman political and military system, typically granted to governors, generals, dignitari ...

A.Ş

*

Standard Chartered Yatırım Bankası Standard may refer to: Symbols * Colours, standards and guidons, kinds of military signs * Heraldic flag, Standard (emblem), a type of a large symbol or emblem used for identification Norms, conventions or requirements * Standard (metrology) ...

Türk A.Ş

Defunct banks

Anadolu Bank (1961) Anadolu Bank was a former bank in Turkey Turkey ( tr, Türkiye ), officially the Republic of Türkiye ( tr, Türkiye Cumhuriyeti, links=no ), is a transcontinental country located mainly on the Anatolian Peninsula in Western Asia, with ...

Bank Asya Bank Asya was established in October 24, 1996 with its head office in Istanbul, as the sixth private finance house of Turkey. The company's name, which had been previously "Asya Finans Kurumu Anonim Şirketi" (Asya Finance Incorporated Company), ...

, Asya Katılım Bankası A.Ş. (Bank Asya is the trademark of Asia Participation Bank Inc.

*

Bank Ekspres A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital m ...

Bank Kapital A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital m ...

Bayındır Bank Bayındır is a district of İzmir Province of Turkey and the central town of the district which is situated in the valley of the Küçük Menderes. The cited information may be out of date. History Its name in classical antiquity was Caystrus ( ...

Demirbank Demirbank T.A.Ş. is a bank purchased on October 30, 2001, by HSBC from the Turkish Banking Regulator for £248 million. The purchase did not include the non-Turkish subsidiaries of Demirbank, e.g. Demirbank Romania, Demirbank Azerbaijan or Demirb ...

* Dışbank A.Ş. * Egebank * EGS Bank *

Emlak Kredi Bank Emlak Kredi Bank ( tr, Türkiye Emlak Kredi Bankası) was a former Turkish 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 foundin ...

* Esbank *

Etibank Etibank A.Ş is a defunct Turkish bank. Founded in 1935 as a state bank focussed on financing the electricity sector, it launched commercial banking activities in 1955. The commercial banking division was separated out in 1993 (from what would bec ...

* İktisat Bankası * İmar Bankası * Impexbank *

İnterbank İnterbank A.Ş is a defunct Turkish bank, the successor of the Banque de Salonique ( tr, Selanik Bankası T.A.Ş.) founded in 1888 in Thessaloniki ( tr, Selanik) and relocated to Istanbul in 1910. In 1969, that bank was sold by its French controll ...

* İstanbul Bank * Kentbank *

Koçbank Koçbank was a Turkish bank. It was merged into Yapı ve Kredi Bankası in 2006. At the time Koçbank was owned by, Koç Finansal Hizmetler (KFH; Koç Financial Services, KFS), an equal partnership between Koç Holding and Italian banking giant ...

* Marmara Bank * Osmanlı Bankası (Ottoman Bank) *

Oyak Bank ING is the Turkish subsidiary of the ING Group, an international banking company. The bank was formerly known as Oyak Bank which became part of ING Group in December 2007. It provides retail and commercial banking services to individuals and busine ...

Pamukbank Pamukbank T.A.Ş. is a defunct Turkish bank. Founded in 1955 as a privately owned deposit bank, it was taken over by the government's TMSF in 2002, because of a $2.5bn capital shortfall, and merged into Halkbank in November 2004.Turkish Banks Ass ...

* Raybank * Sitebank * Sümerbank * Taib Yatırım Bank A.Ş. * Tarişbank * Toprak Bank * Töbank * Türk Ticaret Bankası * Tütünbank- Yaşarbank * TYT Bank * Ulusal Bank * Yurtbank

Notes

References

* ''Turkey's Banks: And Banking System'' by Dr. Selcuk Abac. Text in English, Contains colour plates,

chart A chart (sometimes known as a graph) is a graphical representation for data visualization, in which "the data is represented by symbols, such as bars in a bar chart, lines in a line chart, or slices in a pie chart". A chart can represent tabu ...

graphs Graph may refer to: Mathematics *Graph (discrete mathematics), a structure made of vertices and edges **Graph theory, the study of such graphs and their properties *Graph (topology), a topological space resembling a graph in the sense of discre ...

and

diagram A diagram is a symbolic representation of information using visualization techniques. Diagrams have been used since prehistoric times on walls of caves, but became more prevalent during the Enlightenment. Sometimes, the technique uses a three- ...

s. (Detail from a copy of '' Turkey's Banks'' published by Euromoney Publications (London) in association with Various Banks in 1986 with an ) * Marois, Thomas (2012). ''States, Banks, and Crisis: Emerging Finance Capitalism in Mexico and Turkey'', Cheltenham, Gloucestershire, UK: Edward Elgar Publishing.

External links

The Banks Association of TurkeyAddress and Contact details of Turkish BanksTurkish Participation Banks' AssociationBDDK Finansal Piyasalar Raporu – Eylul 2006
{{List of banks in Europe *

Turkey Turkey ( tr, Türkiye ), officially the Republic of Türkiye ( tr, Türkiye Cumhuriyeti, links=no ), is a list of transcontinental countries, transcontinental country located mainly on the Anatolia, Anatolian Peninsula in Western Asia, with ...

Banks A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Becaus ...