The Savings Deposit Insurance Fund of
Turkey (Turkish: 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 founded in 1933 with the name Deposit Protection Act
(Turkish: Mevduatı Koruma Kanunu). In 1960, the name was changed to
Bankalar Tasfiye Fonu (Turkish: Bankalar Tasfiye Fonu). The current
name was adopted in 1983.
TMSF is also involved in the media industry, and owns at least one
asset each for every newspaper, pay television, television and radio
station. In 2013, TMSF acquired some assets from Çukurova Media Group
after the company was forced to sell due to tax debts.
The institution was initially overseen by the Central Bank of Turkey,
however, it later became attached to the Prime Minister's office.
^ "Savings Deposit and Insurance Fund: Private Company Information -
Bloomberg". www.bloomberg.com. Retrieved 2017-08-29.
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