List of banks in Turkey

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As of September 2006, the size of the banking industry is 88.2% of total financial sector in Turkey. There are 49 banks as of May 2013: 3 public deposit, 11 private deposit, 16 foreign deposit, 4 public investment, 5 private investment, 4 foreign investment, 4 participation banks and 2 banks under the supervision of the TMSF.[1] 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.

Below is a list of banking institutions operating in Turkey, provided by the [2] and the Banks Association of Turkey[3]

List of banks in Turkey by total assets[]

Bank Foundation # of branches
As of 31 December 2019
Total assets (million TL)
As of December 2019[4]
Ziraat Bankası 1863 1,758 649,756
Türkiye İş Bankası 1924 1,271 468,059
Halk Bankası 1938 1,006 457,045
VakıfBank 1954 943 419,426
Garanti Bank 1946 912 391,152
Yapı ve Kredi Bankası 1944 846 387,496
Akbank 1948 771 360,501
QNB Finansbank 1987 525 181,681
1987 20 162,883
Denizbank 1997 708 156,478
Türk Ekonomi Bankası 1927 471 107,350
ING Bank 1984 210 57,145
1950 3 42,000
İller Bankası 1933 19 36,088
HSBC Bank 1990 77 34,947
2011 48 32,667
Şekerbank 1953 238 30,596
Alternatif Bank 1991 48 28,945
Fibabanka 1984 63 21,886
1975 1 19,376
Burgan Bank 1991 35 18,893
Anadolubank 1996 113 17,558
1995 1 7,631
Tekstilbank 1986 44 6,264
Deutsche Bank 1988 1 2,681
1999 8 7,383
The Royal Bank of Scotland 1921 1 1,754
Citibank 1981 3 12,852
1991 34 5,651
2013 1 4,737
Arap Türk Bankası 1977 7 3,975
Intesa Sanpaolo S.p.A. 2013 1 3,925
Merrill Lynch 1992 1 204
1999 1 2,090
Société Générale 1989 1 477
Turkish Bank 1982 13 1,397
Rabobank 2014 1 843
JPMorgan Chase 1984 1 392
Birleşik Fon Bankası 1958 1 2,450
Bank Mellat 1982 3 354
Nurol Yatırım Bankası 1999 1 788
1998 1 116
1998 1 231
Habib Bank Limited 1983 1 113
Credit Agricole (Standard Chartered) 1990 1 83
Adabank 1985 1 53
(Pasha Yatırım) 1987 1 276
Total assets 2272246

Deposit banks[]

State-owned deposit banks[]

Privately owned deposit banks[]

Banks under TMSF[]

Foreign banks[]

Foreign deposit banks founded in Turkey[]

Foreign deposit banks having branches in Turkey[]

Participation banks (interest-free banking/Islamic banking)[]

State-owned participation banks[]

Privately owned participation banks[]

  • Katılım Bankası A.Ş. (Turkey Finance Participation Bank Inc.) [38]

Foreign participation banks founded in Turkey[]

  • Albaraka Türk Katılım Bankası A.Ş. (Albaraka Türk Participation Bank Inc.) [39]
  • Katılım Bankası A.Ş. (Kuwait Turk Participation Bank Inc.) [40]

Development and investment banks[]

State-owned development and investment banks[]

Privately owned development and investment banks[]

Foreign development and investment banks[]

Defunct banks[]

Notes[]

  1. ^ Bankalar
  2. ^ Banking Regulation and Supervision Agency list of operating Banking Institutions in Turkey
  3. ^ Banks Association of Turkey list of member institutions as of 2 May 2010
  4. ^ "The Banks Association of Turkey". Retrieved 29 July 2020.

References[]

  • Turkey's Banks: And Banking System by Dr. Selcuk Abac. Text in English, Contains colour plates, charts, graphs and diagrams. (Detail from a copy of published by Euromoney Publications (London) in association with Various Banks in 1986 with an ISBN 0-903121-85-9)
  • Marois, Thomas (2012). States, Banks, and Crisis: Emerging Finance Capitalism in Mexico and Turkey, Cheltenham, Gloucestershire, UK: Edward Elgar Publishing.

External links[]

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