Turkish Bank (UK) Ltd is a wholly owned subsidiary of Turkish Bank Limited incorporated in Northern Cyprus in 1901. Turkish Bank (UK) provides retail and business banking products and services and is focused on serving the Turkish speaking community’s banking needs in Great Britain.
In 2022, Turkish Bank (UK) Ltd achieved the position of 166th largest bank in the United Kingdom with a market share of 0.00%; its total assets grew by 3.37%.
Additionally, the bank became the 64th profitable bank in relation to its total assets showcasing 0.59% return on assets and 4.34% return on equity in 2022.
Also the lender held the 92nd position regarging its loans-to-deposits (L/D) registering 54.51% L/D ratio in 2022.
Deposits up to 85,000 GBP are covered by the United Kingdom's deposit guarantee scheme in Turkish Bank (UK) Ltd.
Becoming a client of Turkish Bank (UK) Ltd can be done in a few steps:
Turkish Bank (UK) Ltd performs client's identity verification via branch visit.
In 2023 total assets of Turkish Bank (UK) Ltd were 184,04 mln GBP. In 2023 the bank's annual profit was 2,84 mln GBP. Turkish Bank (UK) Ltd had 67 employees in 2023.
Turkish Bank (UK) Ltd participates in the deposit guarantee scheme of the United Kingdom which applies to current accounts, savings accounts, time deposit accounts made by private individuals, companies and covers up to up to 85,000 GBP per bank per depositor. Turkish Bank (UK) Ltd is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.
Turkish Bank (UK) Ltd is headquartered in London.
Turkish Bank (UK) Ltd is authorized and supervised by the Financial Conduct Authority (reference number 204566).