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List of banks in Turkey

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

As of September 2024, total assets of the banking industry in Turkey amounts to $899 billion. [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

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TBB data as of September 30, 2024 [5]

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Bank Foundation Number of Branches Total Assets
(Million $)
Ziraat Bankası 1863 1,769 129,097
VakıfBank 1954 944 106,482
Türkiye İş Bankası 1924 1,088 108,242
Halk Bankası 1938 1,079 88,031
Garanti BBVA 1946 804 84,482
Akbank 1984 705 70,401
Yapı ve Kredi Bankası 1944 780 73,041
Denizbank 1997 641 43,561
QNB Finansbank 1987 436 41,067
Türk Eximbank 1987 23 24,914
TEB 1927 444 16,675
Türkiye Sınai Kalkınma Bankası 1950 2 6,603
İller Bankası 1933 19 5,092
ING 1984 120 4,773
HSBC 1990 44 4,753
Türkiye Kalkınma Bankası 1975 1 4,537
İstanbul Takasbank 1995 1 4,122
Fibabanka 1984 40 3,672
ICBC Turkey Bank 1986 39 2,882
Odeabank 2011 41 2,844
Şekerbank 1953 240 3,534
Burgan Bank 1991 29 2,733
Aktif Yatırım Bankası 1998 14 2,557
Alternatif Bank 1991 24 2,209
Citibank 1981 3 2,037
Anadolubank 1997 114 1,913
MUFG Bank Turkey 2012 1 1,806
Nurol Yatırım Bankası 1998 1 1,059
Turkland Bank 1991 12 574
Deutsche Bank 1988 1 515
Arap Türk Bankası 1977 7 485
Golden Global Yatırım Bankası 2019 1 420
Birleşik Fon Bankası 1958 1 308
PASHA Yatırım Bankası 1987 1 337
Intesa Sanpaolo S.p.A. 2013 1 283
Bank of America Yatırım Bank 1992 1 208
Destek Yatırım Bankası 2021 1 150
Bank of China Turkey 2017 1 128
Turkish Bank 1981 6 125
D Yatırım Bankası 2020 1 100
JPMorgan Chase 1984 1 72
Bank Mellat 1984 3 67
Q Yatırım Bankası 2022 1 64
Rabobank 2013 1 51
BankPozitif 1998 1 48
GSD Yatırım Bankası 1998 3 47
Habib Bank Limited 1982 1 24
Standard Chartered Yatırım Bankası Türk 1990 1 19
Tera Yatırım Bankası 2021 1 19
Misyon Yatırım Bankası 2021 1 18
Diler Yatırım Bankası 1998 1 11
Türk Ticaret Bankası 2021 1 9
Société Générale 1989 1 8

Deposit banks

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State-owned deposit banks

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Privately owned deposit banks

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Banks under TMSF

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Foreign banks

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Foreign deposit banks founded in Turkey

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Foreign deposit banks having branches in Turkey

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Participation banks (interest-free banking/Islamic banking)

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State-owned participation banks

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Privately owned participation banks

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Foreign participation banks founded in Turkey

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Development and investment banks

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State-owned development and investment banks

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Privately owned development and investment banks

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Foreign development and investment banks

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Defunct banks

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Notes

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  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 2024". www.tbb.org.tr. Table 1. Retrieved 30 September 2024.{{cite web}}: CS1 maint: location (link)

References

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  • 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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