TÜRK EKONOMİ BANKASI A.Ş.

 (3.0; 2 ratings)
3.0 2
Business Focus
universal banking

Tracing its roots back to 1927, Turk Ekonomi Bankasi (TEB) is a full-service universal bank, providing retail, private, corporate and investment banking products and services to individuals, SMEs, companies and institutions.

Bank Category

Private Commercial Banks

Ways to Bank

branch
online banking

Financials

Total Assets (2018)
96,997.16 mln TRL  (+13.11%)
Net Income (2018)
1,001.70 mln TRL  (-6.28%)

TÜRK EKONOMİ BANKASI A.Ş. is the 11th largest bank in Turkey in terms of total assets. In 2018 its total assets were 96 997,16 mln TRL, providing the bank with the market share of 2.65%. In 2018 the bank's net income was 1 001,70 mln TRL.

Credit Ratings

Fitch: BBB-
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: Ba3
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

TÜRK EKONOMİ BANKASI A.Ş. is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is BBB- (good credit quality). Long-term credit rating assigned to the bank by Moody's is Ba3 (non-investment grade speculative).

Deposit Guarantee

Protected Amount
up to 100,000 TRL
Guarantee Fund
Savings Deposit Insurance Fund (SDIF)
Covered Depositors
natural persons (Turkish and foreign)
Covered Accounts
private current accounts
participation accounts
precious metals accounts

TÜRK EKONOMİ BANKASI 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. TÜRK EKONOMİ BANKASI A.Ş. is a member of Savings Deposit Insurance Fund (SDIF) and makes its contributions into it.

Member of Group

 BNP Paribas (France)

TÜRK EKONOMİ BANKASI A.Ş. is a member of BNP Paribas (France).

Contacts

TEB KAMPÜS C VE D BLOK, SARAY MAHALLESİ, SOKULLU CADDESİ, NO:7A-7B ÜMRANİYE İSTANBUL 34768, Turkey
(216) 635 35 35
(216) 636 36 36

Bank Identifiers

BIC (SWIFT)
TEBUTRIS
Bank Sort Code
0032
LEI
549300P1SLJZB82YLP69

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