In this article, we will talk about the most famous banks in Turkey, whether private, governmental or Islamic banks, as recently Turkey has an investment expansion in all its fields, and these expansions need a safe, and appropriate incubator places for small or large projects.
ISTHOMES recommends working with these banks as they are the most prevalent ones in Turkey.

Ziraat Bank:

It is the oldest bank and the second largest bank in Turkey, it provides online services, call centers, and banking networks.

It has more than 4,163 ATMs, more than 1,545 branches distributed all over Turkey, and contains about 24,374 employees, and it provides all kinds of banking services, deposits, exchange and loans.

The bank includes within its group the local financial companies such as: Agricultural for retirement - Agricultural Leasing….

Ziraat Bank also has branches outside Turkey, in New York, London, Bulgaria, Georgia, Baghdad, Erbil, the Turkish Republic of Cyprus, Jeddah and Tehran.

Ak Bank:

Akbank was opened in 1948 in Adana city, aiming of financing merchants working in the cotton field at that time.

This bank included retail banking, commercial banking services for small or large enterprises and institutions, banking services for foreign currencies, international banking services, and services suitable for insurance companies of retired people and the elderly.

This bank is characterized by its ability to follow the global changes of bank loans and commercial markets, so that allows it to put forward new ideas which help his clients to avoid problems in their personal accounts.

Now there are more than 1,000 Ziraat branches in Turkey, and it rank among the top 500 banks in the world for four consecutive times.

Finans Turkey Bank:

Finance Bank was established in 1987, and it is the main partner for the National Commercial Bank of Saudi Arabia, and since then this bank has been trying to provide more than traditional banking services as it become the first bank in Turkey which introduce an installment card, after this it ranked first in a competition organized by Visa International in Turkey, and ranked fifth in the world.

The bank has grown and evolved over the years to become a leading banking institution with a distinguished and efficient management team, it has 620 branches, 12 thousand employees, with more than 5.3 million customers base.

It is now ranked fifth among private banks in Turkey in terms of total assets, customer deposits and loans.

Vakif Bank:

Vakif Bank was established in 1957, provides its first class services to all kinds of commercial companies in addition to individuals, and it contribute in developing banking technologies process so it has become one of the leading banks in Turkey.

This bank helped the Turkish economy to grow, and now it is one of the symbols of the banking sector in Turkey.

It is the fifth largest bank in Turkey with assets of 64 billion Dollar, more than 610 branches in Turkey, and branches outside Turkey, such as New York, Erbil, northern Iraq, Austria, and Germany.

Garanti Bank:

Garanti Bank was established in 1946 in Ankara the capital of Turkey, It is a private bank ranked the second in Turkey, provides banking facilities for individuals, life insurance services, individual financing, retirement financing, in addition to financial investment services, and investment portfolio management.

It has 1000 branches in Turkey, in addition to branches outside Turkey such as Luxembourg, London and Shanghai,4,163 ATM points, and more than 19,000 employees to serve more than 13 million customers.

    IŞ Bank:

It is the first Turkish bank established under the guidance of Mustafa Kemal Ataturk in 1924, ranked among the 100 best banks in the world, with more than 1000 branches in Turkey and some branches in Europe.

The bank provides all banking services, unlimited support for industrial developments, financing the economic structure, and it is one of the strongest banks in protection and economic financing field in Turkey.

AlBaraka bank:

Al Baraka Bank was established in 1984 in Istanbul by Al Baraka Banking Group (which is one of the most important groups in the Middle East) and the Islamic Development Bank and one of the industrial groups in Turkey.

Al Baraka Bank services focus mainly on investment within many governmental institutions like insurance companies, similar banks… and it also provides investment services to local and foreign clients.

It is an Islamic bank, based on sharing profits idea, not on the forbidden interest system as it is adopting a new thoughts in the issue of Islamic banking transactions.

Al Baraka Bank has many branches inside and outside Turkey such as the United Kingdom, China, South Africa and Australia.

Kuveyt Turk Bank:

The Islamic Turkish Kuveyt Bank was established in 1989, it is the largest in Turkey in terms of its financing balance with more than 290 branches in Turkey.

Due to the large number of Arabs who live in Turkey, this bank provides its clients with a set of distinguished services such as the inclusion of the Arabic language in its system, and online banking services via smart phones and call centers.

Its main services are on financing retail sector institutions, and serving small or medium enterprises through its banking network.

it has 341 branches, and it won the award for best research and development center in the banking and finance sector in Turkey four times.

The documents required to open a bank account in Turkey:

Each bank in Turkey has its own conditions to open an account for the customer, although the difference in procedures is very simple from one bank to another, but in general the most important documents to open a bank account in Turkey are:

- Valid Passport
- Tax Number: It can be easily obtained from the finance and tax offices
- Living Address: a copy of the property title contract, or a copy of the lease, or an electricity/water bill
- Fill out and sign the bank form

The idea of ​​buying real estate in Turkeyhas become popular among those interested in obtaining an ideal opportunity for housing or investment and take advantage of the appropriate real estate investment options in Istanbul to obtain a high return by communicating with our real estate consultants.

Do not forget that investing in real estate in Turkeyis only a way to gain Turkish citizenshiporreal estate residencepermit that allows you to stay in the country legally and then acquire many of the privileges that a Turkish citizen gets.