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What Banks in Turkey Were the Largest Mortgage Lenders in 2017?

Top Banks by Mortgage Loans (TRY mil)
Banking | Turkey | September 30, 2018
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Excel Sheet

Based on a comparison of 10 banks in Turkey in 2017, Halkbank was the largest mortgage lender, followed by Ziraat Bank and Garanti Bank.

Halkbank's mortgage loans reached TRY 59,420 mil, up from TRY 41,741 mil compared to the previous year. Historically, the bank’s mortgage loans reached an all time high of TRY 59,420 mil in 2017 and an all time low of TRY 12,307 mil in 2014.

At the end of 2017, mortgage loans represented 29.0% of Halkbank's loan book.

Comparing Halkbank with its closest peers, Ziraat Bank's mortgage loans amounted to TRY 47,315 mil at the end of 2017, Garanti Bank operated with TRY 26,100 mil mortgage loans and Isbank had a mortgage loan book of TRY 20,860 mil at the end of 2017.

Turkish banking sector provided mortgage loans of TRY 193 mil in 2017, up 16.7% when compared to the previous year. As a result, the top ranked company - Halkbank accounted for 30.8% of the sector’s mortgage loans in 2017. The top 3 companies hold a 68.7% share while the five largest firms some 89.4% in 2017.

You can see all the banks mortgage loans data on the Mortgage Loans indicator page or you can download a report on the Turkish banks in the report section.