Türkiye Halk Bankasi A.S., known as Halkbank, is a major Turkish state-owned commercial bank. Established in 1938 to support artisans and small businesses through government-backed credit, the bank has expanded into a full-service financial institution with a widespread domestic branch network and international presence across Europe, the Middle East and Central Asia.
Halkbank’s offerings span retail, corporate and small and medium-sized enterprise (SME) banking. Its retail division provides deposit accounts, consumer and mortgage loans, auto financing and credit cards, while its corporate unit delivers trade finance, project and structured finance, cash management and treasury services. The bank maintains a strategic emphasis on SMEs, reflecting its historical mandate to nurture Turkey’s entrepreneurial sector.
Beyond traditional lending and deposit-taking, Halkbank has invested in digital and mobile banking platforms to enhance customer accessibility and operational efficiency. It also operates subsidiary entities in investment banking, leasing and factoring, enabling a comprehensive suite of financial services. The treasury arm engages in foreign exchange, money market and derivatives activities to manage liquidity and risk.
Headquartered in Ankara, Halkbank is governed by a board of directors appointed by the Turkish Treasury. Over more than eight decades, the bank has played a pivotal role in Turkey’s economic development by facilitating access to finance for individuals and businesses alike. Its blend of state support and diversified service capabilities underpins its enduring position within the Turkish banking sector.
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