List of banks in Turkey

Istanbul Finance Center is the new campus for both public and private banks in Turkey

As of March 2024, total assets of the banking industry in Turkey is 804.3 billion USD.^[1] There are 63 banks : 33 deposit, 20 development and investment, 9 participation banks and 1 banks under the supervision of the TMSF.^[2]

Below is a list of banking institutions operating in Turkey, provided by the Turkish Banking Regulation and Supervision Agency^[3] and the Banks Association of Turkey^[4]

List of banks in Turkey by total assets

TBB data as of December 31, 2023 [5]

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

• Adabank A.Ş. [4]
• Akbank T.A.Ş. [5]
• Anadolubank A.Ş. [6]
• Fibabanka A.Ş. [7]
• Şekerbank T.A.Ş. [8]
• Türk Ekonomi Bankası A.Ş. [9]
• Turkish Bank A.Ş. [10]
• Türkiye İş Bankası A.Ş. [11]
• Yapı ve Kredi Bankası A.Ş. [12]

Banks under TMSF

• Birleşik Fon Bankası A.Ş. (formerly Bayındırbank A.Ş.) [13]
• Adabank A.Ş [14]
• Türk Ticaret Bankası A.Ş [15]

Foreign banks

Foreign deposit banks founded in Turkey

• Alternatif Bank A.Ş. [16]
• Arap Türk Bankası A.Ş. (A&T Bank) [17]
• Bank of China Turkey A.Ş. [18]
• Burgan Bank A.Ş. [19]
• Citibank A.Ş. [20]
• Denizbank A.Ş. [21]
• Deutsche Bank A.Ş. [22]
• HSBC Bank A.Ş. [23]
• ICBC Turkey Bank A.Ş. [24] (formerly Tekstilbank A.Ş.)
• ING A.Ş. [25]
• MUFG Bank Turkey A.Ş. [26]
• Odea Bank A.Ş. [27]
• QNB Finansbank A.Ş. (owned by Qatar National Bank) [28]
• Rabobank A.Ş. [29]
• Turkland Bank A.Ş. [30]
• Türkiye Garanti Bankası A.Ş. [31]

Foreign deposit banks having branches in Turkey

• Bank Mellat [32]
• Habib Bank Limited [33]
• Intesa Sanpaolo S.p.A. [34]
• JPMorganChase N.A. [35]
• Société Générale (SA) [36]

Participation banks (interest-free banking/Islamic banking)

State-owned participation banks

• Türkiye Emlak Katılım Bankası A.Ş. [37]
• Ziraat Katılım Bankası A.Ş. [38]
• Vakıf Katılım Bankası A.Ş. [39]

Privately owned participation banks

• Türkiye Finans Katılım Bankası A.Ş. (Turkey Finance Participation Bank Inc.) [40]

Foreign participation banks founded in Turkey

• Albaraka Türk Katılım Bankası A.Ş. (Albaraka Türk Participation Bank Inc.) [41]
• Kuveyt Türk Katılım Bankası A.Ş. (Kuwait Turk Participation Bank Inc.) [42]

Development and investment banks

State-owned development and investment banks

• İller Bankası [43]
• Türk Eximbank [44]
• Türkiye Kalkınma Bankası A.Ş. [45]

Privately owned development and investment banks

• Aktif Yatırım Bankası A.Ş. [46]
• Diler Yatırım Bankası A.Ş. [47]
• Golden Global Yatırım Bankası A.Ş. [48]
• GSD Yatırım Bankası A.Ş. [49]
• IMKB Takas ve Saklama Bankası A.Ş. [50]
• Nurol Yatırım Bankası A.Ş. [51]
• Türkiye Sınai Kalkınma Bankası A.Ş. [52]

Foreign development and investment banks

• BankPozitif Kredi ve Kalkınma Bankası A.Ş [53]
• Merrill Lynch Yatırım Bank A.Ş. [54]
• Pasha Yatırım Bankası A.Ş. [55]
• Standard Chartered Yatırım Bankası Türk A.Ş. [56]

Defunct banks

• Anadolu Bank (1961)
• Bank Asya, Asya Katılım Bankası A.Ş. (Bank Asya is the trademark of Asia Participation Bank Inc.) [57]
• Bank Ekspres
• Bank Kapital
• Bayındır Bank
• Demirbank
• Dışbank A.Ş.
• Egebank
• EGS Bank
• Emlak Kredi Bank
• Esbank
• Etibank
• İktisat Bankası
• İmar Bankası
• Impexbank
• İnterbank
• İstanbul Bank
• Kentbank
• Koçbank
• Marmara Bank
• Osmanlı Bankası (Ottoman Bank)
• Oyak Bank
• Pamukbank
• Raybank
• Sitebank
• Sümerbank
• Taib Yatırım Bank A.Ş.
• Tarişbank
• Toprak Bank
• Töbank
• Türk Ticaret Bankası
• Tütünbank-Yaşarbank
• TYT Bank
• Ulusal Bank
• Yurtbank

Notes

1. "Monthly Banking Sector Data". www.bddk.org.tr. Retrieved 6 June 2024.
2. "Banks". www.bddk.org.tr. Retrieved 6 June 2024.
3. Banking Regulation and Supervision Agency list of operating Banking Institutions in Turkey
4. Banks Association of Turkey list of member institutions as of 2 May 2010
5. "Banks in Türkiye 2023". www.tbb.org.tr. Table 1. Retrieved 6 June 2024.{{cite web}}: CS1 maint: location (link)

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.

External links

• The Banks Association of Turkey
• Turkish Participation Banks' Association
• BDDK Finansal Piyasalar Raporu – Eylul 2006