List of banks in Turkey

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

As of March 2024, the total assets of the banking industry in Turkey are 804.3 billion USD.[1] There are 63 banks: 33 deposit, 20 development and investment, 9 participation banks and 1 bank 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 March 31, 2025

Bank[5] Foundation Number of Branches Total Assets
(Million $)
Ziraat Bankası 1863 1,779 164,515
VakıfBank 1954 976 110,941
Türkiye İş Bankası 1924 1,031 97,357
Halk Bankası 1938 1,095 85,001
Garanti BBVA 1946 796 71,672
Akbank 1984 694 71,672
Yapı ve Kredi Bankası 1944 773 67,357
QNB Bank 1987 426 45,067
Denizbank 1997 626 38,975
Türk Eximbank 1987 24 25,613
TEB 1927 436 18,229
Türkiye Sınai Kalkınma Bankası 1950 2 6,880
İstanbul Takasbank 1995 1 6,144
İller Bankası 1933 19 6,056
HSBC 1990 44 5,880
ING 1984 59 5,424
Türkiye Kalkınma Bankası 1975 1 4,249
Fibabanka 1984 38 3,831
Burgan Bank 1991 26 3,421
Şekerbank 1953 239 3,364
Anadolubank 1997 95 3,364
Citibank 1981 2 3,119
Aktif Yatırım Bankası 1998 15 3,119
ICBC Turkey Bank 1986 32 2,620
Alternatif Bank 1991 15 2,520
Odeabank 2011 36 2,365
Nurol Bank 1998 1 1,698
MUFG Bank Turkey 2012 1 1,657
Deutsche Bank 1988 1 866
Destek Yatırım Bankası 2021 1 571
Arap Türk Bankası 1977 4 557
Turkland Bank 1991 6 484
Golden Global Yatırım Bankası 2019 1 454
Türk Ticaret Bankası 2021 2 396
Enpara Bank 2023 1 360
PASHA Yatırım Bankası 1987 1 334
Birleşik Fon Bankası 1958 1 268
Q Yatırım Bankası 2022 4 256
Intesa Sanpaolo S.p.A. 2013 1 221
JPMorgan Chase 1984 1 182
Bank of China Turkey 2017 1 148
Turkish Bank 1981 6 147
D Yatırım Bankası 2020 1 147
Tera Yatırım Bankası 2021 1 129
Bank of America Yatırım Bank 1992 1 126
Rabobank 2013 1 54
Bank Mellat 1984 3 52
BankPozitif 1998 1 52
GSD Yatırım Bankası 3 52
Misyon Yatırım Bankası 2021 1 48
Hedef Yatırım Bank 2022 1 46
Standard Chartered Yatırım Bankası Türk 1990 1 29
Habib Bank Limited 1982 1 17
Diler Yatırım Bankası 1998 1 9
Société Générale 1989 1 7

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

  • 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

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

See also

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 2025". www.tbb.org.tr. Table 1. Retrieved 25 July 2025.{{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.