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 22 February 2016 |
Total assets (million TL) As of September 2015[4] |
---|---|---|---|
Türkiye İş Bankası | 1924 | 1,355 | 279,942 |
Ziraat Bankası | 1863 | 1,789 | 299,084 |
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 |
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 |
Deposit banks
State-owned deposit banks
- Türkiye Cumhuriyeti Ziraat Bankası A.Ş. [1]
- Türkiye Halk Bankası A.Ş. [2]
- Türkiye Vakıflar Bankası T.A.O. (not actually owned by the state; see the article for further information) [3]
Privately owned deposit banks
- Akbank T.A.Ş. [4]
- Alternatif Bank A.Ş. [5]
- Anadolubank A.Ş. [6]
- Fibabanka A.Ş. [7]
- Şekerbank T.A.Ş. [8]
- Tekstilbank A.Ş. [9]
- Türk Ekonomi Bankası A.Ş. [10]
- Turkish Bank A.Ş. [11]
- Türkiye Garanti Bankası A.Ş. [12]
- Türkiye İş Bankası A.Ş. [13]
- Yapı ve Kredi Bankası A.Ş. [14]
Banks under TMSF
- Adabank A.Ş. [15]
- Birleşik Fon Bankası A.Ş. (formerly Bayındırbank A.Ş.) [16]
Foreign banks
Foreign deposit banks founded in Turkey
- Arap Türk Bankası A.Ş. [17]
- Burgan Bank A.Ş. [18]
- Citibank A.Ş. [19]
- Denizbank A.Ş. [20]
- Deutsche Bank A.Ş. [21]
- Finansbank A.Ş. (acquired by the National Bank of Greece) [22]
- HSBC Bank A.Ş. [23]
- ING Bank A.Ş. [24]
- Odea Bank A.Ş. [25]
- Turkland Bank A.Ş. [26]
Foreign deposit banks having branches in Turkey
- Bank Mellat [27]
- Habib Bank Limited [28]
- JPMorganChase N.A. [29]
- Portigon AG [30]
- Royal Bank of Scotland N.V. [31]
- Société Générale (SA) [32]
Participation banks (interest-free banking/Islamic banking)
State-owned participation banks
- Ziraat Katılım Bankası A.Ş. [33]
- Vakıf Katılım Bankası A.Ş. [34]
Privately owned participation banks
- Bank Asya, Asya Katılım Bankası A.Ş. (Bank Asya is the trademark of Asia Participation Bank Inc.) [35]
- Türkiye Finans Katılım Bankası A.Ş. (Turkey Finance Participation Bank Inc.) [36]
Foreign participation banks founded in Turkey
- Albaraka Türk Katılım Bankası A.Ş. (Albaraka Türk Participation Bank Inc.) [37]
- Kuveyt Türk Katılım Bankası A.Ş. (Kuwait Turk Participation Bank Inc.) [38]
Development and investment banks
State-owned development and investment banks
Privately owned development and investment banks
- Aktif Yatırım Bankası A.Ş. [42]
- Diler Yatırım Bankası A.Ş. [43]
- GSD Yatırım Bankası A.Ş. [44]
- IMKB Takas ve Saklama Bankası A.Ş. [45]
- Nurol Yatırım Bankası A.Ş. [46]
- Türkiye Sınai Kalkınma Bankası A.Ş. [47]
Foreign development and investment banks
- BankPozitif Kredi ve Kalkınma Bankası A.Ş [48]
- Credit Agricole Yatırım Bankası Türk A.Ş. [49]
- Merrill Lynch Yatırım Bank A.Ş. [50]
- Taib Yatırım Bank A.Ş. [51]
Defunct banks
- Bank Ekspres
- Bank Kapital
- Bayındır Bank
- Demirbank
- Dışbank A.Ş.
- Ege Bank
- EGS Bank
- Esbank
- Etibank
- İktisat Bankası
- İmar Bankası
- Impexbank
- İnterbank
- Kentbank
- Koçbank
- Marmara Bank
- Osmanlı Bankası (Ottoman Bank)
- Oyak Bank
- Pamukbank
- Sitebank
- Sümerbank
- Taris Bank
- Toprak Bank
- Türk Ticaret Bankası
- Tütün Bank
- TYT Bank
- Ulusal Bank
- Yaşar Bank
- Yurtbank
Notes
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.