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Turkey Banks





ABN AMRO ABN AMRO is a Dutch Bank, currently owned by a consortium of Royal Bank of Scotland Group, Fortis, and Banco Santander. The bank is the result of the 1990-91 merger of Amsterdam-Rotterdam (AMRO) Bank and ABN, whose history dated back to the founding of the Nederlandsche Handel-Maatschappij in 1824. Between 1991 and 2007, ABN AMRO was one of the largest banks in Europe and had operations in about 63 countries around the world. In 2007 the bank was acquired by the consortium,[1] which is splitting up the bank between the three aquiring banks. This process will take till the end of 2009. The American retail assets were sold by ABN AMRO to Bank of America in the months leading up to the acquisition.
Akbank Akbank was founded in Adana, Turkey on January 1948, originally to provide financing for the cotton producers in the Çukurova region. Growing and developing over time, the Bank opened its first branch in Istanbul in the district of Sirkeci on July 14, 1950, moving its Headquarters to Istanbul in 1954. Rapidly increasing the number of its branches, Akbank automated all banking operations in 1963. Akbank established Ak Securities in 1996, Ak Investment Fund in 1998, Ak Asset Management Company and its Private Banking Department in 2000. Akbank established Ak Pension Fund in 2003 and incorporated Ak Leasing in 2005. In February 2006, Ak Pension Fund was sold to the Aksigorta insurance company. As of the end of 2007, Akbank ranked as Turkey's most valuable bank having the most profitable banking operations among privately owned banks in Turkey. In addition, with its extensive branch network, Akbank is one of the largest banks in Turkey in terms of loan volume.
Bank Mellat Bank Mellat is a state-owned commercial Iranian bank. Its name means "Bank of the Nation". Bank Mellat was established in 1980, with a paid of capital of Rls 33.5bn as a merger of ten pre-revolution private banks comprising: Tehran, Dariush, Pars, Etebarat Taavoni & Tozie, Iran & Arab, Bein-al-melalie-Iran, Omran, Bimeh Iran, Tejarat Khareji Iran and Farhangian. Currently, the bank's capital amounts to Rls 13,100bn and is one of the largest commercial banks in the Islamic Republic of Iran, ranking among the top 1000 banks of the world. The Bank Mellat London branch was merged with the Bank Tejarat branch to form Persia International Bank PLC. The United States Department of the Treasury has mentioned Bank Mellat and Persia International in their latest watchlist of Iranian Banks whom maybe trading in violation of UN Security Council Resolution 1803.
Central Bank of the Republic of Turkey The Central Bank of the Republic of Turkey (CBRT) (Turkish: Türkiye Cumhuriyet Merkez Bankası - "TCMB") is the central bank of Turkey and is founded as a joint stock company with the exclusive right to issue banknotes in Turkey. The preparations to establish a central bank began in 1926, but organization was established on October 3, 1931 and opened officially on January 1, 1932. The Bank had, originally, a privilege of issuing banknotes for a period of 30 years. In 1955, this privilege was extended until 1999. Finally it was prolonged indefinitely in 1994.
Citibank Turkiye

Citibank Türkiye, banka hesapları, Kredi Kartları, Krediler, Yatırım bankacılık geniş bir ürün yelpazesi sunmaktadır. ATM, Mobil ve internet bankacılığı aracılığıyla her yerde Citibank erişilebilir senin yaşamını uyarlanmış mali hizmetler keşfedin.

Denizbank Denizbank A.Ş. is a private bank in Turkey controlled 99.79% by the French - Belgian bank Dexia since May 2006.
Denizbank was established in 1938 as a state-owned bank to help finance the then emerging Turkish maritime industry. It became one of the leading banks in Turkey for its excellent service. In 1992, the Turkish government decided to consolidate a number of state-owned banks, and Denizbank merged with Emlakbank.
In 1997, Denizbank was separated and privatized without any significant assets except a small number of branches inactive since the merging. Zorlu Holding acquired the bank from the Privatization Administration early in 1997, and operations commenced again in September that year. With the revitalization program initiated, new branches were opened under the new corporate identity. Expansion was supported by acquiring some branch offices from other banks, and by merging of Tarişbank in 2002. It went international by establishing or acquiring banks in Austria, Russia and the Turkish Republic of Northern Cyprus. Furthermore, Denizbank extended its product range by adding services like investment banking, brokerage, factoring and leasing, which all were formed under the leadership of Denizbank to "Denizbank Financial Services Group" in 2003. The group of 13 companies employs 6,000 people.
A recognized European magazine, The Banker, selected Denizbank in 2004 the fastest and most consistently growing bank in Southern Europe.
On May 31, 2006, Belgium’s fourth biggest bank Dexia purchased 75% of the stake for US$ 2.437 billion from Zorlu Holding and announced that the bank’s name will not change. The remaining 25% of the shares is being held publicly. Denizbank has 244 branch offices and ranks sixth in the Turkish private banking sector.
Deutsche Bank Deutsche Bank AG (literally "German Bank"; pronounced [ˈdɔɪtʃə]; ISIN: DE0005140008, NYSE: DB) is an international Universal bank with a broad private clients franchise, headquartered in Frankfurt, Germany. The bank employs more than 78,000 people in 76 countries, has a large presence in Europe, the Americas, Asia Pacific and the emerging markets.
Deutsche Bank has offices in finance-hubs, including Frankfurt, London, Birmingham, Moscow, New York, Singapore, Sydney, Hong Kong and Tokyo. Furthermore, the bank is investing in expanding markets such as the Middle East, Latin America, Central & Eastern Europe and Asia Pacific.
The bank offers financial products and services for corporate and institutional clients along with private and business clients. Services include sales, trading and origination of debt and equity, risk management products such as derivatives, corporate finance, wealth management, retail banking, fund management and transaction banking.
Deutsche Bank’s Chief Executive Officer and Chairman of the Group Executive Committee, since 2002, is Dr. Josef Ackermann. The Bank in terms of is revenues, is one of the top three investment banks in the world.[citation needed] Deutsche Bank is listed on both the Frankfurt (FWB) and New York stock exchanges (NYSE).
Finansbank Finansbank (renamed to Credit Europe Bank in almost all countries except Turkey) is a Turkish private bank, founded on September 23, 1987 in İstanbul by Hüsnü Özyeğin, one of Turkey's leading bankers. It is the 5th biggest bank of Turkey. 46% of its shares were acquired by the National Bank of Greece in April 2006.
On January 9, 2007, the National Bank of Greece acquired an additional 34.4% of Finansbank shares from minority shareholders. NBG now owns 84.6% of Finansbank. As of March 31, 2007 , Finansbank’s total customer deposits were approximately US 6.8 billion.
Fortis Bank Fortis (Euronext: FORA, Euronext: FORB, LuxSE: FOR) is a banking, insurance, and investment management company, and is the 20th largest business in the world by revenue. The Benelux countries are Fortis' home base and its strength. Fortis' banking operations include network (retail), commercial, and merchant banking; its insurance products include life, health, and property/casualty lines. Products are sold through independent agents and brokers, financial planners, and through Fortis Bank branches. It is listed on the Euronext Brussels, Euronext Amsterdam, and Luxembourg stock exchanges.
In addition to acquiring a retail bank in Poland, Fortis acquired 89.3% of the shares of Turkey's fifth largest privately owned bank Dışbank from Doğan Group on 11 April 2005. Considering the outstanding public shares, the total bid is approximately €985 million. From 28 November 2005 on, the network of 173 branches of Dışbank was rebranded Fortis.
As of 2006 its profits were €4.56 billion according to Forbes magazine with a market value of €45.74 billion.
Garanti Bank Garanti Bank is the third largest-private bank in Turkey with USD$36 billion in assets as of December 31, 2006. Garanti provides retail, commercial, corporate and private banking services to over five million customers. It operates 428 domestic branches, five foreign branches (in Luxembourg, Malta and Northern Cyprus, five international representative offices (in Moscow, London, Dusseldorf, and Geneva), 1,220 ATMs, a call center and an Internet bank.
Habib Bank Habib Bank Limited (Urdu: حَبيب بينك) commonly referred to as "HBL" and headquartered in Habib Bank Plaza, Karachi,Pakistan, is the largest bank in Pakistan. The bank has a network of 1425 branches in Pakistan and 55 branches worldwide. It has a domestic market share of over 40%. It continues to dominate the commercial banking sector with a major market share in inward foreign remittances (55%) and loans to small industries, traders and farmers.
HSBC Bank (Turkey) HSBC Bank A.Ş., the Turkey subsidiary of the HSBC Group, is a bank with its head office in Istanbul.
HSBC Bank A.Ş. was established as Midland Bank A.Ş. in 1990. It was the subsidiary of Midland Bank and was renamed HSBC Bank A.Ş. in 1999. In October 2001, HSBC Bank A.Ş. acquired Demirbank T.A.Ş., the fifth largest private bank in Turkey from the Turkish financial regulator after it was rescued during the financial crisis. Demirbank's wholly owned stockbroking and fund management subsidiary, Demir Yatirim was also acquired and the merger of HSBC Bank A.Ş. and Demirbank was successfully completed in December 2001.
JPMorgan Chase JPMorgan Chase & Co. (NYSE: JPM) is one of the oldest operating financial services firms in the world. The company, headquartered in New York City, is a leader in investment banking, financial services, asset and wealth management and private equity. With assets of $1.7 trillion, JPMorgan Chase is currently the second largest banking institution in the United States,[3] behind Citigroup. The hedge fund unit of JPMorgan Chase is the largest hedge fund in the United States with $34 billion in assets as of 2007.[4] Formed in 2000 when Chase Manhattan Corporation acquired J.P. Morgan & Co., the firm serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and governmental clients. In 2004, the company merged with Bank One Corp., bringing on board current chairman and CEO Jamie Dimon as president and COO and designating him as CEO William B. Harrison, Jr.'s successor. Dimon's pay was pegged at 90% of Harrison's. Dimon quickly made his influence felt by embarking on a cost-cutting strategy and replaced former JPMorgan Chase executives in key positions with Bank One executives -- many of whom were with Dimon at Citigroup. Dimon became CEO in January 2006 and Chairman in December 2006. The Chase brand named is used for credit card services in the United States and Canada and the bank's retail banking activities in the United States. The JPMorgan brand is used by the Investment Bank as well as the Wealth & Asset Management Group's partially merged Private Bank and Personal Client Services divisions. Fiduciary activity within W&A is done under the aegis of JPMorgan Chase Bank, N.A. -- the actual trustee. The newly acquired Bear Stearns private client group is expected to operate under the name "Bear Stearns Wealth Management, a JPMorgan Company" within the Wealth & Asset Management structure.
Koçbank Koçbank is a Turkish bank. It is a wholly owned subsidiary of Koç Holding.
Koçbank was established in 1986 when Koç Holding purchased 51% of American Express Bank's shares. Originally named Koç-American Bank, the company was renamed in 2003 after Koç Holding purchased the remainder of the bank.
In 2002, 50% of Koçbank was sold to UniCredit.
As of 2003, Koçbank had 143 branches, including branches in Azerbaijan, Holland and Bahrain.
On 29th September 2005, Koçbank enhanced its position in the Turkish banking market with the acquisition of 57.4% of the share capital of Yapi Kredi, one of Turkey’s oldest and largest financial groups.
Koçbank was founded in 1981 as the American Express Bank, based in Istanbul. Koç Holding acquired a 51% stake in the bank in 1986, renaming it Koç-American Bank, and in 1992 the bank became a wholly owned subsidiary of Koç Holding, and was renamed as Koçbank A.Ş. It grew to be one of the most important institutions in the sector with its young history and its financial subsidiaries established in a short term to address the financial needs of its customers.
Société Générale Société Générale (Euronext: GLE) is one of the main European financial services companies and also maintains extensive activities in others parts of the world. It is headquartered in France with the main head office in Tours Société Générale in the business district of La Défense west of Paris. The three main divisions are Retail Banking & Specialized Financial Services (particularly in France and Eastern Europe), Corporate and Investment Banking (Derivatives, Structured Finance and Euro Capital Markets) and Global Investment Management & Services. Société Générale is one of the oldest banks in France. The original name was Société Générale pour favoriser le développement du commerce et de l'industrie en France (English: General Company for the Support of the Development of Commerce and Industry in France). Société Générale is often nicknamed SocGen in the international financial world. The long term debt of the group is currently ranked AA by S&P, Aa2 by Moody's and AA- by Fitch. The 2007 financial results were sharply lower, affected by depreciations and a fraud of € 4.9 billion.
Turkish Bank Turkish Bank Group is a Banking corporation established during 1901 as the Nicosia Savings Box in Cyprus assisted businesses by providing capital and financial support for local tradesmen. Supervised by the custodian Hacı İbrahim Efendi and led by an established businessman of the area Mufti Hafiz Ziyai Efendi. By 1925 it had been turned into a savings bank, and by 1974 (as Türk Bankası Ltd./Turkish Bank Ltd.) established branches in other parts of Europe - including Harringay, London (home to a large Cypriot community). Then in 1982, it opened its first branches on mainland Turkey, and in 1993 it issued its first credit cards. It now trades under several names: Turkish Bank A.Ş. as a Private bank - alongside Turkish Yatırım A.Ş as an investment brokerage service. Türk Bankası Ltd. as a Retail bank in Turkey Turkish Bank (UK) Ltd. in UK
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Above may be not an exhaustive list of banks in this country. Also, the information might be outdated or wrong.

Some of the information placed above may have been taken from:
Wikipedia
www.banks.az
mbendi.co.za

Information from Wikipedia is available under the terms of the GNU Free Documentation License.





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