List of banks in the Turkish Republic of Northern Cyprus

This is a list of banks operating in Turkish Republic of Northern Cyprus..

All banks, including branches of foreign banks, private banks and International Banking Units are governed by the established Central Bank of Turkish Republic of Northern Cyprus. This organization audits and controls all these banks under international banking laws. All banks are compliant to strictly follow KYC and AML laws, are regulated by Ministry of Economy and Energy, and are supervised by the Central Bank.

International Banking Units (I.B.U.)[]

Fortress Bank license has been revoked in 2021 

You can reach the official website of TRNC Central Bank

http://www.mb.gov.ct.tr/sites/default/files/fortress%20Bank%20IBU%20Ltd.pdf

Public banks[]

Private banks[]

• Turkish Bank
• Nova Bank

Branches of foreign banks[]

• Garanti Bankası
• Halk Bankası
• Oyak Bank
• Türk Ekonomi Bankası
• Türkiye İş Bankası
• Ziraat Bankası

Development and investment banks[]

Banks under Savings Deposit Insurance Fund (S.D.I.F.)[]

Defunct banks[]

• - transferred to the SDIF in 2001
• - closed in 2000

Cyprus Eurobank

• - closed in 2000
• Everest Bank - closed in 2000
• - renamed Artam Bank in 2001
• - takeover by Seker Bank in 2002
• - transferred to the SDIF in 2002
• - closed in 2000
• - closed in 2000
• - renamed Seker Bank in 2001
• - transferred to Cyprus Vakıflar Bank on July 28, 2005

See also[]

• Central Bank of the Turkish Republic of Northern Cyprus

References[]

• Central Bank of the TRNC