Flag of Turkey>

Economy and Banking Sector of Turkey

Major Banks of Turkey

Akbank

Akbank was founded in 1984 as a privately-owner bank providing financing to local cotton growers. In 1990 Akbank shares began trading on international markets. Nowadays Akbank’s provides products and services in consumer banking, commercial banking, SME banking, corporate banking, private banking, foreign currency exchange, money markets and securities trading, and international banking services.

Services
Retail Banking
Corporate Banking
SME Banking
Private Banking
Foreign Currency Exchange
Money Markets and Securities Trading
International Banking

Akbank is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is BB+ (speculative). Long-term credit rating assigned to the bank by Moody's is Ba3 (non-investment grade speculative). Akbank participates in deposit guarantee scheme of Turkey.This scheme covers accounts up to 100 000 TRL per bank per depositor.

Türkiye İş Bankası

Isbank was founded in 1924. Isbank offers products and services in retail, SME and corporate banking as well as private banking.

Services
Retail Banking
SME Banking
Corporate Banking
Private Banking

Türkiye İş Bankası is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is BB+ (speculative). Long-term credit rating assigned to the bank by Moody's is Ba3 (non-investment grade speculative). Türkiye İş Bankası participates in deposit guarantee scheme of Turkey.This scheme covers accounts up to 100 000 TRL per bank per depositor.

Yapı Kredi Bankası

Yapi Kredi is a Turkish universal bank, prodiving retail, private, corporate and invesment banking products and services to domestic and international clients (private individuals, SMEs and companies). Yapi Kredi also offers asset management, brokerage, leasing and factoring services.

Services
Retail Banking
SME Banking
Corporate Banking
Private Banking

Yapı Kredi Bankası 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). Yapı Kredi Bankası participates in deposit guarantee scheme of Turkey.This scheme covers accounts up to 100 000 TRL per bank per depositor.

Ziraat Bankası

Ziraat Bank is a Turkish universal bank, prodiving retail, private, corporate and invesment banking products and services to domestic and international clients (private individuals, SMEs and companies).

Services
Retail Banking
SME Banking
Corporate Banking

Ziraat Bankası is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is BB+ (speculative). Ziraat Bankası participates in deposit guarantee scheme of Turkey.This scheme covers accounts up to 100 000 TRL per bank per depositor.

See Also