What Banks in Turkey Were the Largest in 2017?

Top Banks by Total Assets (TRY mil)
Banking | Turkey | June 30, 2018
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Based on a comparison of 22 banks in Turkey in 2017, Ziraat Bank was the largest bank by assets, followed by Isbank and Garanti Bank.

Ziraat Bank assets reached TRY 434,274 mil, up 21.4% when compared to the last year. Historically, the bank’s assets reached an all time high of TRY 434,274 mil in 2017 and an all time low of TRY 0.004 mil in 1958.

Comparing Ziraat Bank with its closest peers, Isbank assets amounted to TRY 432,758 mil, Garanti Bank operated with TRY 356,332 mil assets and Akbank had total assets of TRY 341,610 mil.

Total assets of the Turkish banking sector amounted to TRY 3,258 bil in 2017, up 19.3% when compared to the last year. As a result, the top ranked company - Ziraat Bank accounted for 13.3% of the sector’s assets in 2017. The top 3 companies held a 37.6% share while the five largest firms some 57.9% in 2017.

You can see all the banks assets on the Total Assets indicator page or you can download a report on the Turkish banks in the report section.

Total Assets Unit 2010 2011 2012 2013 2014 2015 2016 2017
Akbank TRY mil 139,257 162,438 194,179 217,053 250,513
Alternatifbank TRY mil 6,445 7,969 10,380 10,659 13,150
Anadolubank TRY mil 5,781 6,291 7,483 9,477 10,967
Burgan Bank TRY mil 4,923 4,442 6,812 8,674 10,675
Citibank Turkey TRY mil 7,227 7,420 6,469 7,325 8,372
DenizBank TRY mil 44,756 56,495 79,667 94,403 112,886
Fibabanka TRY mil 2,487 3,900 6,664 8,042 11,191
Garanti Bank TRY mil 146,642 160,192 196,896 241,058 279,647
Halkbank TRY mil 92,215 108,951 141,300 157,354 191,001
HSBC Bank Turkey TRY mil 24,132 25,299 36,229 33,822 31,647
ICBC Turkey Bank TRY mil 3,489 3,677 3,849 3,656 6,655
ING Bank Turkey TRY mil 21,066 25,115 33,395 38,014 49,245
Intesa Sanpaolo Turkey TRY mil ... ... ... ... 1,457 4,179
Isbank TRY mil 161,668 173,841 209,047 277,073 325,499
Odea Bank TRY mil ... ... 3,634 16,110 25,622 32,083
QNB Finansbank TRY mil 46,199 54,402 66,010 75,206 85,727
Sekerbank TRY mil 14,746 15,052 19,384 21,959 25,337
Turk Ekonomi Bankasi TRY mil 40,185 45,547 55,809 65,245 72,771
Turkland Bank TRY mil 2,203 2,966 4,111 5,089 5,819
VakifBank TRY mil 93,470 107,952 139,307 163,551 189,586
Yapi Kredi Bank TRY mil 116,057 130,864 159,814 194,375 233,039
Ziraat Bank TRY mil 160,681 162,868 207,530 247,600 302,848
AVERAGE TRY mil 47,608 56,681 60,444 72,748 86,669 102,402 118,380 141,033