Top 10 Largest Banks in Turkey

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Turkey is a rapidly growing economy with a well-established banking sector that plays a crucial role in facilitating the country's financial activities. The ... read more...

  1. Top 1

    Ziraat Bank

    Ziraat Bank, which was founded in 1863 and has its main office in Ankara, is the biggest bank in Turkey in terms of assets. Ziraat Bank offers vibrant banking products and services to consumers, small and medium-sized enterprises, and outside of Turkey's borders as well as commercial clients.


    Interestingly, Ziraat Bank was innovated in Serbia which was also part of the Ottoman Empire. Still, it today has 1,864 branches and more than 24,000 employees. Aside from Turkey, it is present in 18 other nations, and its main areas of interest are real estate and addressing the banking needs of individuals. In 2021 its total assets were 1 370,89 bln TRY, providing the bank with the market share of 16.15%. In 2021 the bank's net income was 6 291,31 mln TRY.


    Ziraat Bank give services in the areas of payment systems, credit, checking, and investments with their broad range of products. They offer the most applicable products with the most favorable term and pricing options. Ziraat Bank advances support to their guests in the form of profitable terms and conditions through journal elevations and juggernauts. With their rich variety of products and services, synergetic structuring with mates, unexampled request knowledge and experience, mortal coffers, and strong fiscal structure, they continuously induce the energy and provocation demanded in their bank's ongoing growth process.


    Founded: 1863

    Headquarters: Ulus, Altındağ, Ankara
    Website: https://www.ziraatbank.com.tr/en

    Screenshot of https://www.ziraatbank.com.tr/en
    Screenshot of https://www.ziraatbank.com.tr/en
    Ziraat Bankasi

  2. Top 2

    Vakifbank

    Innovated in 1954, Türkiye Vakiflar Bankası (Vakifbank) is honored as one of the largest banks in Turkey with 610 domestic branches across Turkey. The bank’s diurnal operations are carried out domestically and internationally through its branches and accessories which are controlled by the Turkish Prime Ministry’s Directorate General of Foundations which holds a 58.5% stake in the bank.


    Vakifbank is the 2nd largest bank in Turkey in terms of total assets. In 2021 its total assets were 1 007,21 bln TRY, providing the bank with the market share of 11.86%. In 2021 the bank's net income was 4 175,46 mln TRY.


    Vakifbank offers financial services, credit cards, consumer banking, commercial banking, investment banking, mortgage loans, private banking, and others. Vakifbank covers retail and private banking as well as commercial, marketable, and small business banking. Engaged in investment banking and capital request conditioning in addition to introductory banking products and services, Türkiye Vakiflar Bankası also provides its guests with a wide range of financial services similar as insurance, leasing, and factoring services through its fiscal accessories with ultramodern and state-of-the-art technologies. Türkiye Vakiflar Bankası also offers ex-pat and transnational banking.


    Founded: 1954

    Headquarters: Ümraniye, Istanbul, Turkey
    Website: https://www.vakifbank.com.tr/


    Screenshot of https://www.vakifbank.com.tr/
    Screenshot of https://www.vakifbank.com.tr/
    Nasıl Oluyor?
  3. Top 3

    Isbank

    ETÜRKİYE İŞ BANKASIA.Ş.( Isbank) was innovated in 1924 and came the country's first truly public bank. It offers commercial and marketable banking services to large pots, SMEs, and other small and big trading companies.


    Isbank has 1,351 branches in Turkey and 23 branches in other countries with 55,000 workers. On top of that, it provides retail banking services, as well as other banking services including private banking services. Mobile, as well as mobile banking, are also in plenitude. İşbank was indeed ranked 96th in a check of “The World’s Biggest 1000 Banks. In 2021 its total assets were 926,57 bln TRY, providing the bank with the market share of 10.91%. In 2021 the bank's net income was 13 467,90 mln TRY.


    Isbank offers products and services in retail, SME, and commercial banking as well as private banking. İşbank sees the sustainability approach as a way of adding value to society and owns a strategy that's erected on multi-layered targets similar to creating profitable value through its banking conditioning, developing products and services that will meet the guests' requirements and prospects, training good mortal coffers that will match the requirements of the financial sector and developing commercial social responsibility systems which are con

    centered on long-term pretensions.


    Founded: 1924
    Headquarters: Isbank Tower 1, Levent, Beşiktaş, Istanbul

    Website: https://www.isbank.com.tr/en

    Screenshot of https://www.isbank.com.tr/en
    Screenshot of https://www.isbank.com.tr/en
    Türkiye İş Bankası
  4. Top 4

    Halkbank

    Halkbank is a state-possessed bank innovated in 1938 and is presently possessed by the Turkey Wealth Fund. It operated as a credit union between 1938 and 1950 immolation favorable fiscal loan services to tradesmen and crafters to promote profitable growth in the country. It began establishing branches across the country in 1950 to grant loans to guests and in 1990 it absorbed Töbank, Sümerbank, Etibank, and Emlakbank, small-sized failed state banks in Turkey.


    The bank has two headquarters in Ataşehir, Istanbul independently. It has an aggregate of 1,006 branches and employs 18,967 workers as of 2019. Halkbank is the 4th largest bank in Turkey in terms of total assets. In 2021 its total assets were 901,22 bln TRY, providing the bank with the market share of 10.62%. In 2021 the bank's net income was 1 507,73 mln TRY.


    Halkbank
    is a universal bank furnishing a broad range of retail, business and commercial banking products and services to private individuals, SMEs and companies. It offers a wide range of services that include deposits, cash allocation,non-cash loans, cash damage operations, cash, and deposit remitments, fund transfers, pressman banking deals, cheques, bank bills, credit cards, cash cards, trippers’ cheques, and performing as a portfolio operation agency.


    Founded: 1938
    Headquarters: Ataşehir, Istanbul, Turkey
    Website: https://www.halkbank.com.tr/en.html

    Screenshot of https://www.halkbank.com.tr/en.html
    Screenshot of https://www.halkbank.com.tr/en.html
    Halkbank
  5. Top 5

    Garanti Bank

    Garanti Bank was established in 1946 and has headquarters in Istanbul. Garanti BBVA is an intertwined fiscal services group operating in all aspects of the banking sector nationally as well as in the Netherlands and Romania. It offers a wide range of financial services to its 15.8 million guests with an award-winning Customer Communication Centre.


    In Turkey, Garanti operates 937 branches as well as 8 branches outside Turkey and three overseas representative services. The bank has roughly 22,000 workers serving roughly 14 million guests. Garanti Bank is the 5th largest bank in Turkey in terms of total assets. In 2021 its total assets were 757,80 bln TRY, providing the bank with the market share of 8.93%. In 2021 the bank's net income was 13 073,31 mln TRY. Besides, Garanti Bank also participates in the deposit guarantee scheme of Turkey. This scheme covers accounts up to 100,000 TRY per bank per depositor.


    Garanti Bank offers colorful fiscal products and services such as SME banking, marketable/ commercial banking products, and services, and particular banking. Garanti Bank is a Turkish universal bank operating in commercial, retail, private and investment banking and payment systems. Through its accessories, Garanti Bank offers pension and life insurance, leasing, factoring, brokerage, and asset operation services.


    Founded: 1946

    Headquarters: Istanbul, Turkey

    Website: https://www.halkbank.com.tr/en.html

    Screenshot of https://www.garantibbva.com.tr/en
    Screenshot of https://www.garantibbva.com.tr/en
    Garanti BBVA
  6. Top 6

    Yapı Kredi Bank

    Established in 1944, YAPI VE KREDİ BANKASI A.Ş. (Yapı Kredi Bank) was one of the first commercial banks in Turkey. Yapi Kredi Bank also serves clientele from the Netherlands, Azerbaijan, Russia, and Malta. Yapı Kredi came Turkey’s first retail-focused private bank with a civil presence.


    Yapı Kredi Bank is possessed as a common adventure by two Fortune Global 500 companies, videlicet, Koc Holding, and UniCredit. With 19,000 workers it has headquarters in Istanbul megacity. The bank offers its services through 935 branches in Turkey, and one overseas branch, with 4,348 ATMs, four call centers, and 544 thousand POS terminals. Yapı Kredi Bank is become one of the largest banks in Turkey because of its total assets. In 2021 its total assets were 736,77 bln TRY, providing the bank with the market share of 8.68%. In 2021 Yapı Kredi Bank's net income was 10 489,76 mln TRY.


    Yapı Kredi offers a range of products and services to businesses of all sizes. They provide retail, private, business, commercial, and investment banking products and services to domestic and transnational guests (private individuals, SMEs, and companies). Yapi Kredi also offers asset operation, brokerage, leasing and factoring services. Yapı Kredi uses a client-centric approach and concentrates on inventions.


    Founded: 1944
    Headquarters: Büyükdere Avenue, Zincirlikuyu, Levent, Beşiktaş, Istanbul, Turkey
    Website: https://www.yapikredi.com.tr/en/

    Screenshot of https://www.yapikredi.com.tr/en/
    Screenshot of https://www.yapikredi.com.tr/en/
    Yapı Kredi
  7. Top 7

    AKBank

    AKBank was founded in 1948 as an intimately-proprietor bank furnishing backing to original cotton farmers. In 1990 AKBank shares began trading on transnational requests. Nowadays, it provides products and services in consumer banking, marketable banking, SME banking, commercial banking, private banking, foreign currency exchange, plutocrat requests and securities trading, and transnational banking services.


    AKBank now operates 800 branches in Turkey and one branch internationally with 14.3 million guests. With over 12 thousand workers and 770 branches, AKBANK operates its headquarters in Istanbul. AKBank is the 7th largest bank in Turkey in terms of total assets. In 2021 its total assets were 708,91 bln TRY, providing the bank with the market share of 8.35%. In 2021 the bank's net income was 12 125,91 mln TRY.


    AKBank offers consumer banking, marketable banking, SME banking, commercial- investment, private banking, and storeroom. credit cards, consumer banking, commercial banking, investment banking, mortgage loans, and private banking. It has been ranked as “The Most Valuable Banking Brand in Turkey” seven times in a row and 126th most precious banking institution. The bank’s large operation has reckoned 4,550 ATMs and 510,000 POS outstations across the country. It operates through a number of accessories, including transnational bones in Germany and Malta.


    Founded: 1948

    Headquarters: Istanbul, Turkey

    Website: https://www.akbank.com/

    Screenshot of https://www.akbank.com/
    Screenshot of https://www.akbank.com/
    Akbank
  8. Top 8

    QNB Finansbank

    QNB Finansbank was initiated in 1987 by a notorious banker in the Levent Business District of Istanbul, Turkey. After its commencement, the bank grew fleetly to have the most number of accessories outside of the country. QNB Finansbank has transnational branches in the Middle East, Africa, and the corridor of Europe.


    At the moment, QNB Finansbank employs over 10,000 staff and owns about 700 branches across Turkey. Also, the bank pars a daily profit that exceeds$ 500 million. It manages guests that have amassed a loan profit with a bank that surpasses a quarter of a billion, which is relatively emotional for a bank with its status. QNB Finansbank is the 8th largest bank in Turkey in terms of total assets. In 2021 its total assets were 371,37 bln TRY, providing the bank with the market share of 4.37%. In 2021 the bank's net income was 3 928,11 mln TRY.


    In June 2016, QNB Finansbank was acquired by Qatar National BankS.A.Q( QNB Group), the largest bank in Qatar, and the leading financial institution in the Middle East and Africa region. Continuing its operations with further than 29 thousand workers by growing steadily in the Middle East and Africa region, QNB Group provides services in further than 1,100 locales with its network of over 4,300 ATMs.


    Founded: 1987
    Headquarters: Büyükdere Avenue, Levent, Istanbul, Turkey
    Website: https://www.qnbfinansbank.com/en/

    Screenshot of https://www.qnbfinansbank.com/en/
    Screenshot of https://www.qnbfinansbank.com/en/
    QNB Finansbank
  9. Top 9

    Turkish Eximbank

    Turkish Eximbank, which was established in 1987, is also one of the largest banks in Turkey. It's considered the go-to bank for import credit. For this reason, it's occasionally appertained to as the Export Credit Bank of Turkey. This bank is a completely state-possessed bank acting as Turkey’s sanctioned import credit agency to finance foreign trade and Turkish contractors and investors operating overseas.


    Turkish Eximbank is assigned with the accreditation of perfecting exportation in the country. originally, the bank had its headquarters in Ankara. After careful consideration, a decision was made to shift it to Ümraniye. Doing this brought the entire banking installations closer to exportation companies. Nevertheless, the bank still has indigenous services in Izmir, Ankara, and Istanbul. Turkish Eximbank is the 9th largest bank in Turkey in terms of total assets. In 2021 its total assets were 322,38 bln TRY, providing the bank with the market share of 3.80%. In 2021 the bank's net income was 3 106,52 mln TRY.


    Turkish Eximbank aims to contribute to the monitoring of balanced, healthy, and internationally competitive export policies. Since the creation of the Turkish Eximbank, the exportation of goods out of Turkey has come easier. In addition, numerous businesses have diversified into the business of exportation. In turn, this development has bettered the Turkish frugality.


    Founded: 1987

    Headquarters: Istanbul, Turkey

    Website: https://eximbank.gov.tr/en

    Screenshot of https://eximbank.gov.tr/en
    Screenshot of https://eximbank.gov.tr/en
    Türk Eximbank
  10. Top 10

    DenizBank

    DenizBank was established in 1938 and become a large private banking establishment in Turkey. This bank was innovated as a state-possessed bank to fund the development of the Turkish maritime sector has ago been acquired first by a Belgian finance establishment called Dexia, also by the Russian Sberbank.


    Headquartered in Şişli and Istanbul, DenizBank has 740 branches across Turkey and employs an estimated number of 14,136 labor force. As of 2017, an aggregate of 5,612 ATMs of the bank are set up in the country. DenizBank is the 10th largest bank in Turkey in terms of total assets. In 2021 its total assets were 308,72 bln TRY, providing the bank with the market share of 3.64%. In 2021 the bank's net income was 3 546,92 mln TRY.


    DenizBank offers a wide range of financial services including retail, Private, Business, Agricultural, Corporate Banking, Commercial Banking, and Public finance. The DenizBank also provides support in strategic areas such as health, sports clubs, cosmopolises, shipping, tourism, energy, education, structure and husbandry. DenizBank is also committed to meeting the requirements of SMEs, who are at the heart of the nation’s frugality. The Bank continually develops innovative backing models to foster this crucial member.


    Founded: 1938
    Headquarters: Şişli, Istanbul, Turkey
    Website: https://www.denizbank.com/en/

    Screenshot of https://www.denizbank.com/en/
    Screenshot of https://www.denizbank.com/en/
    DenizBank



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