List of banks in Turkey

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 Turkish Banking Regulation and Supervision Agency[2] and the Banks Association of Turkey[3]

List of banks in Turkey by total assets

Bank Foundation # of branches
As of 30 September 2015		 Total assets (million TL)
As of September 2015[4]
Ziraat Bankası 1863 1,789 299,084
Türkiye İş Bankası 1924 1,355 279,942
Garanti Bank 1946 974 260,700
Akbank 1948 901 236,148
Yapı ve Kredi Bankası 1944 997 232,248
Halk Bankası 1938 948 189,686
VakıfBank 1954 917 188,820
Finansbank 1987 641 90,410
Türk Ekonomi Bankası 1927 528 73,666
Denizbank 1997 691 82,195
HSBC Bank 1990 280 32,869
ING Bank 1984 288 51,645
Türk Eximbank 1987 3 46,518
Development Financial Pruben Bank 1991 16 38,902
Odeabank 2012 55 32,841
Şekerbank 1953 300 23,777
İller Bankası 1933 19 17,494
Türkiye Sınai Kalkınma Bankası 1950 3 20,853
Alternatif Bank 1992 57 13,793
Citibank 1980 8 8,920
Anadolubank 1996 106 11,620
Burgan Bank 1992 55 10,696
İstanbul Takas ve Saklama Bankası 1995 1 7,631
Tekstilbank 1986 44 6,264
Deutsche Bank 1988 1 2,681
Fibabanka 1984 68 9,476
Aktif Yatırım Bankası 1999 8 7,383
The Royal Bank of Scotland 1921 1 1,754
Türkiye Kalkınma Bankası 1975 1 4,975
Turkland Bank 1991 34 5,651
Bank of Tokyo-Mitsubishi UFJ Turkey 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
BankPozitif 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
Diler Yatırım Bankası 1998 1 116
GSD Yatırım Bankası 1998 1 231
Habib Bank Limited 1983 1 113
Credit Agricole (Standard Chartered) 1990 1 83
Adabank 1985 1 53
Taib Yatırım Bank (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

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

Privately owned development and investment banks

  • Aktif Yatırım Bankası A.Ş.
  • Diler Yatırım Bankası A.Ş.
  • GSD Yatırım Bankası A.Ş.
  • IMKB Takas ve Saklama Bankası A.Ş.
  • Nurol Yatırım Bankası A.Ş.
  • Türkiye Sınai Kalkınma Bankası A.Ş.

Foreign development and investment banks

  • BankPozitif Kredi ve Kalkınma Bankası A.Ş
  • Credit Agricole Yatırım Bankası Türk A.Ş.
  • Merrill Lynch Yatırım Bank A.Ş.
  • Taib Yatırım Bank A.Ş.

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 22 February 2016.

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 Turkey's Banks 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.
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