Şekerbank was established in 1953 as a local cooperative bank to provide financing of agricultural and sugar companies. Today Şekerbank operates as a universal bank, providing a broad range of retail and corporate banking products and services as well as leasing and factoring solutions.
ŞEKERBANK T.A.Ş. is the 17th largest bank in Turkey in terms of total assets. In 2018 its total assets were 31 321,32 mln TRL, providing the bank with the market share of 0.86%. In 2018 the bank's net income was 86,36 mln TRL.
ŞEKERBANK T.A.Ş. is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is B+ (highly speculative). Long-term credit rating assigned to the bank by Moody's is B2 (highly speculative).
ŞEKERBANK T.A.Ş. participates in the deposit guarantee scheme of Turkey. This deposit guarantee scheme applies to private current accounts, participation accounts, precious metals accounts made by natural persons (Turkish and foreign) and covers up to up to 100,000 TRL per bank per depositor. ŞEKERBANK T.A.Ş. is a member of Savings Deposit Insurance Fund (SDIF) and makes its contributions into it.