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.