Turkish Bank (UK) Ltd

Anna MileikoCreated by Anna Mileiko

Turkish Bank (UK) Ltd Logo

Address

84-86 Borough High Street, SE1 1LN, London, United Kingdom

BIC

n/a

Overview

Category

Commercial banks

Business Focus

retail and business banking

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.

Performance

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.

Deposit Protection

Deposits up to 85,000 GBP are covered by the United Kingdom's deposit guarantee scheme in Turkish Bank (UK) Ltd.

Services

retail banking
business banking

Clients

individuals
companies

Area Served

GBUnited Kingdom

Products

current accounts
debit cards
savings accounts
time deposit accounts
mortgage loans

Card Providers

Visa

See Also

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits
SEPA Direct Debits B2B

See Also

Account Opening

Becoming a client of Turkish Bank (UK) Ltd can be done in a few steps:

Turkish Bank (UK) Ltd Account Opening
1.
Visit bank branch

Turkish Bank (UK) Ltd performs client's identity verification via branch visit.

See Also

Ways to Bank

Turkish Bank (UK) Ltd delivers its products and services through both direct and indirect channels, namely:
Turkish Bank (UK) Ltd Ways to Bank
branch branch
online banking online banking

Financials

Total Assets of Turkish Bank (UK) Ltd
Annual_profit of Turkish Bank (UK) Ltd
Market Share of Turkish Bank (UK) Ltd
Total Assets (2023)
184.04 mln GBP   (-6.37%)
Annual Profit (2023)
2.84 mln GBP   (+149.12%)
Number of Employees (2023)
67   (+24.07%)

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.

Deposit Guarantee

Guarantee Fund
Financial Services Compensation Scheme (FSCS)Financial Services Compensation Scheme (FSCS)
Protected Amount
up to 85,000 GBP
Eligible Depositors
private individuals
companies
Covered Accounts
current accounts
savings accounts
time deposit accounts

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.

See Also

Contacts

address84-86 Borough High Street, SE1 1LN, London, United Kingdom
phone44 02074035656
fax44 02074077406

Turkish Bank (UK) Ltd is headquartered in London.

See Also

Bank Identifiers

LEI
213800UHJUCFNA7KY464
Company Number
02643004
MFI ID
GB2670

Bank Supervision

Supervised By
Financial Conduct Authority
Reference Number
204566

Turkish Bank (UK) Ltd is authorized and supervised by the Financial Conduct Authority (reference number 204566).

Bank History

Start Date
September 1991
Flag of the United Kingdom

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