Halkbank

Halkbank (lit.'People's Bank') or officially Türkiye Halk Bankası is a Turkish bank, first incorporated on 8 June 1933 as a public bank. After growing throughout much of the twentieth century, it began absorbing smaller-sized public banks around the turn of the millennium. Halkbank is now a publicly traded company, although the majority stakeholder remains the Turkish government. Halkbank is a bank that offers vehicle loans, housing loans, consumer loans and commercial loans. A number of scandals and controversies involving the bank emerged in the 2010s, some of which culminated in arrests of its executives.