Which Is The Best Bank Of Turkey? (5 Banks to work with)

Which is the best bank in Turkey? There are many different criteria to determine the best bank to work with. Which is the best state bank? Which bank is better I have prepared a comprehensive guide for those who are curious. A good list has been prepared by considering the customer services, technological infrastructure, interest rates, loan rates and similar features of the banks. We think that this topic, which is called the best and most reliable bank, will guide you.

The best bank in Turkey In order to be able to determine the criteria above, it is necessary to take into account the criteria. Ultimately, the ranking I will make here will not be based on scientific data, but will depend entirely on customer opinions. Of course, when most of us think of the best bank, reliable and low-cost banks come to mind.

Banks, which are an indispensable part of countries and economies, basically convert savings into loans, enabling savings to gain time value and providing loans to those in need of resources. In this way, banks play an important role in keeping the economy alive and using resources efficiently. The biggest reason behind the existence of banks is the sense of trust they create.

When consumers choose to deposit their savings in banks, they assume that their savings will not be harmed and that they can get their savings back whenever they want. The biggest threat banks face as a result of a possible loss of trust "bank attack" It is a serious decrease in bank deposits as a result of saving consumers demanding all their savings back at once.

In such a scenario, while the functioning of banks becomes difficult, the whole country's economy may be seriously affected by this situation. For this reason, the feeling of trust between banks and consumers is of great importance.

I gathered data from forums, customer reviews and various sources to determine the best bank in Turkey. I brought together the banks most preferred by people in Turkey. Generally people best interest bank, the best exchange rate bank, the best bank for currency trading, Which bank is the best gold account? They want to prefer banks where they can make the most profit. You can check which bank is popular by looking at the list below.

Which Is The Best Bank Of Turkey? The Most Reliable Banks to Work With

1. Is Bank

At the top of the list is Türkiye İş Bankası, the largest bank in Turkey. This statement is not just a word, İşbank is the largest private bank in Turkey offering retail and commercial banking services with its assets of TL 468 billion. Founded under the leadership of Mustafa Kemal Atatürk, the first national bank of the Republican period is the 122nd largest bank in the world in terms of capital, according to the ranking announced by The Banker magazine. It is a very reliable and reputable bank. It offers very advantageous services to both general and young customers.

2. Money

QNB Finansbank's branchless, digital banking initiative ranks second in my best banks ranking Enpar to is located. Enpara.com does not charge transaction fees for almost any banking transaction. All transactions are carried out via mobile application or internet branch. You can physically use Finansbank's ATMs. This is my favorite bank. The fact that it's free appeals to me.

3.ING Bank

One of the largest banks in the world. A Netherlands-based bank started its operations in Turkey in 2008 by acquiring the shares of Oyak Bank. I used the debit card for a while and had no problems. It's very good in terms of mobile application, as far as I can see, there are ATMs in many places around me, so you don't have any trouble finding ATMs. ING Bank's orange accounts with welcome interest best interest bank Position.

4. Ziraat Bank

Founded by Mithat Pasha in 1863, the bank still stands today. Actually, the reason why I recommend Ziraat Bank is that it is a state bank. The money you will deposit to the government, such as fees and taxes, is usually made through state banks. That's why I think it is beneficial to have a Ziraat Bank card. In addition, since it is a public bank, it gives very good loan rates. With this feature best lending bank nature. Which is the best state bank? As an answer to the question, it would be appropriate to give Ziraat Bank.

5. Vakifbank

Another public bank, Vakıfbank, was established in 1954 under the leadership of Adnan Menderes. According to the 2014 report of the Banks Association of Turkey, it is the 7th largest bank in Turkey in terms of asset size. Also abroad; It has a total of three branches, one in New York, Off-Shore in Bahrain and Erbil in the USA. public bank, It is the bank that offers the best exchange rate. The range of spreads in the exchange rates is very good, it is close to the market rate.

Turkey's largest banks are shown in the chart below. Here is the bank size ranking according to its total assets.

Must	Bank	Founded	Total Assets (Million TL)	Number of Branches
1	Ziraat bank	1863	579.377	1.766
2	İş Bank	1924	425.982	1.336
3	People's Bank	1938	407.034	998
4	BBVA Guarantee	1946	384.384	930
5	Yapı Kredi	1944	368.999	854
6	Vakif Bank	1954	363.224	950
7	Akbank	1948	356.833	780
8	QNB Finance Bank	1987	169.802	543
9	Turkish Eximbank	1987	154.981	15
10	denizbank	1997	146.907	710
11	Turkish Economy Bank	1927	102.173	496
12	ING Bank	1984	59.681	223
13	Industrial Development Bank	1950	41.591	3
14	Iller Bank	1933	32.579	19
15	şekerbank	1953	32.256	273
16	Odea Bank	2011	31.060	45
17	HSBC Bank	1990	30.197	82
18	Alternativebank	1991	24.997	49
19	Fibabanka	1984	20.814	69
20	Burgan bank	1991	19.129	38

Which Are The Most Reliable Banks Of Turkey?

You must have wondered what results will come out when a research is done on the most reliable banks in Turkey. Working with reliable banks will relieve you rather than make you nervous. Undoubtedly, state banks are at the forefront as the most reliable banks.

The survey results of the most reliable, workable banks rather than the best banks are as follows:

The rate of those who state Ziraat Bank as the bank they trust the most is 36%. Another striking result is that the second most chosen option “I don't trust any bank” be expression. The rate of participants who stated that they do not trust any bank is 14,5%. The second most trusted bank among banks was İşbank with 13,4%, the third bank with Garanti BBVA with 9,7% and Yapı Kredi with 7,5%.

Which Bank Has The Most Branches?

In addition to the fact that Ziraat Bank, a state bank, is the most trusted bank. “state banks in general” those who chose the “private banks in general” The fact that it is higher than those who chose the expression is an indication that there is more trust in state banks in our country.

Although banks have made changes to reduce the number of branches due to increasing digitalization, it is possible to say that the number of branches of banks in Turkey is still effective in terms of trust on the consumer side.

# You May Be Interested In: Top Paying Professions (+20 Career Ideas)

Banks Association of Turkey According to data, Ziraat Bank has 1734 branches, Isbank has 1246 branches, Garanti BBVA has 905 branches, Yapı Kredi has 844 and Akbank has 770 branches. On the other hand, Halkbank, which is not mentioned among the most trusted banks by the participants, has 1000 branches of 940 VakıfBank. Therefore, it is possible to say that in addition to the number of branches, other factors also affect consumer confidence.

So Which Bank Do You Prefer?

I have listed the best banks above. I also included the banks that people trust the most. You can specify the bank you prefer and use in the comment field below and give advice to those who are in search.

This topic, named the best bank, has been prepared by making use of various sources and reflects public opinion research rather than our own opinions.