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Top 5 best Turkish banks

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    Top 5 best Turkish banks

    When you live in Turkey, you'll eventually gonna need a Turkish bank account to conduct your business even if you are already a member of bank with SWIFT. Turkish banks have access to the global banking systems and offer a wide range of services to their customers.
    For example, the possibility of transferring money internationally and online shopping, as well as the possibility of using facilities such as SWIFT for the customers of these banks.
    Many well-known Turkish banks around the world also have branches.

    1- Ziraat Bankası
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    This bank was founded in 1863 and is considered to be one of the oldest banks in Turkey. With a capital of 579.377 million liras, Ziraat bank takes the first place on the list. The number of branches of this bank in Turkey is 1766, which is remarkable indeed. In addition to the domestic branches, it also has some branches abroad. This bank offers its services in both Turkish and English. This bank is simply one of the best banks in Turkey.

    2- iş Bankası
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    The iş Bank was founded in 1924 by Mustafa Kemal Atatürk. The amount of assets of this bank is 425.982 million liras. The number of branches of this bank in Turkey is 1336. iş Bank provides money transfer services, profitability and providing loans to customers. By opening an account in iş bank, you can get a Master Card or Visa Card. The number of branches and its capital is why this bank is on the top 5 list.

    3- Yapı Kredi
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    the next best bank for you could be Yapi Kredi bank which was founded in 1944 by Kazim Tashkent. The bank has 368,999 million liras of assets and the number of branches in Turkey is 854. This bank is also active in the stock exchange and its shares are listed on the Istanbul Stock Exchange.
    Yapı Kredi is known as the first private bank in Turkey.

    4- Vakif Bank
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    The next bank on the top 5 best Turkish bank was established in 1954 and its assets are 363.224 million liras and the number of branches of Vakif Bank in Turkey is 950. In addition, it has branches internationally. Some of its branches are in Cologne, Frankfurt, Germany, Vienna, Austria, New York, Bahrain and the Turkish Republic.

    5- Halk Bank
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    Finally, number 5 on the top 5 best list was established in 1938. Its assets are 407,034 million liras and the number of branches is 998. This bank also has different branches outside of Turkey. Some of the bank's branches are located in countries such as Iran, Britain, Singapore, Bahrain and Cyprus.
    The bank specializes in private banking, corporate banking, investment banking, credit cards and insurance services.

    These days, with all the changes Turkey is making to its laws regarding foreigners, its best to check the banks' websites before going to the branches. You'd never know what new hoops you might need to jump through!
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