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

As of September 2006, the size of the banking industry is 88.2% of total financial sector in Turkey. There are 51 banks as of April 2022: 3 public deposit, 8 private deposit, 21 foreign deposit, 3 public investment, 9 private investment, 4 foreign investment, 4 participation banks and 3 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

TBB data as of 31 December 2022

Bank Foundation Number of Branches
Total assets

(Million TL)

Ziraat Bankası 1863 1,758 2,311,665
Türkiye İş Bankası 1924 1,131 1,408,323
Halk Bankası 1938 1,038 1,392,140
VakıfBank 1954 949 1,681,061
Garanti BBVA 1946 837 1,152,172
Yapı ve Kredi Bankası 1944 801 1,108,094
Akbank 1948 711 1,075,186
QNB Finansbank 1987 436 601,755
Türk Eximbank 1987 23 346,037
Denizbank 1997 671 526,295
TEB 1927 448 275,147
ING 1984 148 98,853
Türkiye Sınai Kalkınma Bankası 1950 2 115,575
İller Bankası 1933 19 92,822
HSBC Bank 1990 70 88,040
Odeabank 2011 48 68,997
Şekerbank 1953 238 63,244
Alternatif Bank 1991 33 57,447
Fibabanka 1984 44 74,109
Türkiye Kalkınma Bankası 1975 1 91,598
Burgan Bank 1991 32 57,807
Anadolubank 1997 116 39,295
İstanbul Takasbank 1995 1 85,805
ICBC 1986 39 60,712
Deutsche Bank 1988 1 11,406
Aktif Yatırım Bankası 1998 13 48,725
Citibank 1981 3 39,925
Turkland Bank 1991 12 7,439
MUFG Bank Turkey 2012 1 36,635
Arap Türk Bankası 1977 7 11,442
Intesa Sanpaolo S.p.A. 2013 1 31,435
BankPozitif 1998 1 1,124
Société Générale 1989 1 170
Turkish Bank 1981 6 2,895
Rabobank 2013 1 1,423
JPMorgan Chase 1984 1 1,667
Birleşik Fon Bankası 1958 1 6,969
Bank Mellat 1984 3 1,694
Nurol Yatırım Bankası 1998 1 17,523
Diler Yatırım Bankası 1998 1 298
GSD Yatırım Bankası 1998 3 980
Habib Bank Limited 1982 1 754
Standard Chartered Yatırım Bankası Türk 1990 1 323
Adabank 1984 1 64
Destek Yatırım Bankası 2021 1 1,559
Türk Ticaret Bankası 2021 1 239
D Yatırım Bankası 2020 1 1,161
Golden Global Yatırım Bankası 2019 1 2,566
Bank of China Turkey 2017 1 2,785
PASHA Yatırım Bankası 1987 1 6,156
Bank of America Yatırım Bank 1992 1 5,324

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

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

  1. ^ Bankalar
  2. ^ Banking Regulation and Supervision Agency list of operating Banking Institutions in Turkey
  3. ^ Banks Association of Turkey list of member institutions as of 2 May 2010
  4. ^ "Bankalarimiz 2022". www.tbb.org.tr. Tablo 1. Retrieved 12 May 2023.((cite web)): CS1 maint: location (link)

References