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 provided by the Turkish Banking Regulation and Supervision Agency2 and the Banks Association of Turkey3 operating in Turkey.

List of banks in Turkey by total assets

Bank Foundation # of Branches
As of 30 September 2012
Total Assets (million TL)
As of 30 September 20124
Türkiye İş Bankası 1924 1,294 210,535
Ziraat Bankası 1863 1,510 207,871
Garanti Bank 1946 947 154,550
Akbank 1948 963 150,241
Yapı ve Kredi Bankası 1944 949 160,309
Halk Bankası 1938 807 116,372
VakıfBank 1954 741 135,578
Finansbank 1987 530 49,902
Türk Ekonomi Bankası 1927 510 42,505
Denizbank 1997 624 40,457
HSBC Bank 1990 331 25,797
ING Bank 1984 320 23,184
Türk Eximbank 1987 2 14,724
Şekerbank 1953 272 14,656
İller Bankası 1933 19 12,309
Türkiye Sınai Kalkınma Bankası 1950 4 9,929
Alternatif Bank 1992 63 7,904
Citibank 1980 37 7,884
Anadolubank 1996 88 7,218
Burgan Bank 1992 60 4,275
İMKB Takas ve Saklama Bankası 1995 1 3,587
Tekstilbank 1986 44 3,502
Deutsche Bank 1988 1 3,426
Fibabanka 1984 27 3,120
Aktif Yatırım Bankası 1999 7 2,997
The Royal Bank of Scotland 1921 3 2,750
Türkiye Kalkınma Bankası 1975 1 2,651
Turkland Bank 1991 27 2,649
Arap Türk Bankası 1977 7 2,147
Merrill Lynch 1992 1 1,898
BankPozitif 1999 1 1,788
Société Générale 1989 16 1,457
Turkish Bank 1982 20 837
JPMorgan Chase 1984 1 830
Birleşik Fon Bankası 1958 1 801
Bank Mellat 1982 3 729
Portigon 1985 1 279
Nurol Yatırım Bankası 1999 2 227
Diler Yatırım Bankası 1998 1 108
GSD Yatırım Bankası 1998 1 108
Habib Bank Limited 1983 1 80
Credit Agricole 1990 1 72
Adabank 1985 1 51
Taib Yatırım Bank 1987 1 18

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)

Privately owned participation banks

  • Bank Asya, Asya Katılım Bankası A.Ş. (Bank Asya is the trademark of Asia Participation Bank Inc.) [33]
  • Türkiye Finans Katılım Bankası A.Ş. (Turkey Finance Participation Bank Inc.) [34]

Foreign participation banks founded in Turkey

Development and investment banks

State-owned development and investment banks

Privately owned development and investment banks

Foreign development and investment banks

Defunct banks

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.

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