Leading Turkish banks 2018 by total assets

In 2018, Türkiye Cumhuriyeti Ziraat Bankası A.Ş., also known as Ziraat Bankasi had the highest value of total assets in Turkey. The state-owned bank saw total assets reach almost 89 billion euros in 2018, approximately twenty billion more than the second largest bank. Turkey’s largest banks fall far short as compared to the size of Europe’s largest banks. The total value of assets of the banking sector in Turkey amounted to almost 3.9 trillion Turkish lira.

Turkish banking sector

The Turkish banking sector is made up of a total of 53 banks (April 2019), the majority of which are either foreign owned or development and investment banks. In the first quarter of 2019, there were overone billion credit card transactions and a further 829 million debit card transactions.

Non-performing loans

Non-performing loans are those that are in default or are close to being in default. Many standard contract terms specify that loans become non-performing after being in default for 90 days, but this can vary. As of 2017 the ratio of non-performing loans (NLP) to total gross loans in Turkey decreased once again to 2.84 percent. In 2017, one of Turkey’s largest banks had to write off over 1.6 billion Turkish lira in loans.

Leading banks in Turkey in 2018*, by total assets

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Source

Release date

2019

Region

Turkey

Survey time period

* December 31st, 2018

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