Halkbank

Halkbank
Company typeAnonim Şirket
BİST: HALKB
IndustryBanking
Founded1933; 91 years ago (1933)
HeadquartersFinanskent Mah, Finans Cd No: 42/1, 34760, ,
Number of locations
1,006 (2019)[1]
Key people
Süleyman Recep Özdil (Chairman)
Osman Arslan (CEO)
ProductsFinancial services, credit cards, consumer banking, corporate banking, investment banking, mortgage loans, private banking
RevenueIncrease US$14.23 billion (2024/9) [2]
Decrease US$2.47 billion (2023)[2]
Decrease US$622 million (2023)[2]
Total assetsIncrease US$88.03 billion (2024/9)
Total equityIncrease US$4.81 billion (2023)[3]
OwnerTurkey Wealth Fund
Number of employees
18,967 (2019)[1]
Websitehalkbank.com.tr

Halkbank (lit.'People's Bank') is a Turkish bank, first incorporated in 1933 as a state-owned bank. After growing throughout much of the twentieth century, it began absorbing smaller-sized state banks around the turn of the millennium. Halkbank is now a publicly traded company, although the majority stakeholder remains the Turkish government.[4] Halkbank is a bank that offers vehicle loans, housing loans, consumer loans and commercial loans.[5] A number of scandals and controversies involving the bank emerged in the 2010s, some of which culminated in arrests of its executives.

  1. ^ a b Halkbank Annual Report 2019, p. 5.
  2. ^ a b c Halkbank Annual Report 2023, p. 149.
  3. ^ Halkbank Annual Report 2023, p. 4.
  4. ^ Cite error: The named reference :1 was invoked but never defined (see the help page).
  5. ^ Gazete, Banka (26 November 2021). "Halkbank, Ziraat Bankası ve Vakıfbank kredi faiz oranlarını yeniledi!". Gazetebanka. p. https://gazetebanka.com/. Archived from the original on 26 November 2022. Retrieved 26 November 2021.