Turkey
In Turkey has dynamic banking sector. It is a result of the developing of some limitations that control it since the 1980s and the interests liberalization, foreign exchange and others. Around 80% of the great domestic production in the country is provided by the banking department. Here are some Turkeys banks that have great impact on economy of the country.
The most profitable bank in the country is Akbank. It was founded in 1948. In 2007 it got income of YTL2.525 million. Akbank has its affiliates in the Netherlands, in Malta and in Germany.
Recently Denizbank was a state-owned bank established to supply Turkeys naval industries. Ten years ago Zorlu Holdings has taken it and Denizbank became prosperous bank in the country. Dexia possessed Denizbank in 2006.
Finansbank has the greatest network of departments both internationally and locally. It has about 400 branches in the country and in various countries like Switzerland, Ireland, Belgium, Bahrain, Romania, Russia, Germany, the Netherlands and France.
Oyak Bank began its history as the Turkish section of the First Boston National Bank in 1984. The bank has undergone different changes and since 1994 is known as the Oyak Bank. Later the bank united with Sumerbank, and ING Group bought it in 2007. Oyakbank has departments across the globe besides 300 local affiliates in the country.
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