1. The Banking Sector in Turkey
2014 – March 2018

2. For your ideas and suggestions:
This study was prepared using data provided by the Central Bank of the Republic of Turkey (CBRT), Banking Regulation and Supervision Agency (BRSA), Turkish Statistical Institute (TurkStat), Capital Markets Board of Turkey, The Interbank Card Center, SNL and The Banks Association of Turkey (BAT).
Whilst every effort has been made to ensure that the information contained in this study is correct, The Banks Association of Turkey cannot accept any responsibility for any errors or omissions or for any consequences resulting therefrom.
Unless otherwise stated, data covers deposit and development and investment banks.
This study was prepared for the aim of following up and assessing the developments in the Turkish Banking Sector. The study will be updated every three months.
Any ideas and suggestions are welcome and important for the improvement of the study.
For your ideas and suggestions:
Ümit Ünsal,
Latest update: June 2018

3. Index General Information Balance Sheet Indicators Selected Indicators
Income/Expenditure Indicators
International Comparison

4. General Information

5. Banking Sector in Turkey
As of March 2018, there are 52 banks in total, 34 of them being deposit, 13 development and investment and 5 of them participation banks. According to Banking Law No 5411:
Deposit bank: The institutions operating primarily for the purposes of accepting deposit and granting loan in their own names and for their own accounts,
Participation bank: The institutions operating primarily for the purpose of collecting fund through participation accounts and granting loan,
Development and investment bank: The institutions operating primarily for the purposes of granting loan and/or fulfill the duties assigned thereto by their special Laws.

6. Number of Banks
2014
2015
2016
2017
2018 March
Deposit Banks 34
State-owned 3
Private 11 9
Foreign 19 21
SDIF 1
Development and Investment Banks 13
Participation Banks 4 5
Total 51 52
Source: BAT, BRSA

7. Number of Branches (Thousand)
Participation banks are included.
Source: BRSA

8. Number of Branches per 100,000 People
Participation banks are included.
Source: BRSA

9. Number of Branches of Deposit Banks
(Branches abroad are included, thousand)
Number of branches of development and investment banks are 40 as of March
Source: BRSA

10. Number of Employees (Thousand)
Participation banks are included.
Source: BRSA

11. Number of Employees per 100,000 People
Participation banks are included.
Source: BRSA

12. Number of Employees (Thousand)
Source: BRSA

13. Distribution of Employees by Sex
(Percentage)
2014
2015
2016
2017
2018 March
Female
51.1
51.2
50.8
50.9
Male
48.9
48.8
49.2
49.1
Source: BAT

14. (In terms of paid-in capital, as of December 2017, perc.)
Ownership Structure *
(In terms of paid-in capital, as of December 2017, perc.)
Trading in BIST
Other
Resident
Non- Resident
Total
11.9
53.2
34.9
Deposit Banks
15.3
35.5
49.1
State-owned
13.3
86.7
0.0
Private
25.9
55.5
18.5
SDIF
100.0
Foreign
8.7
0.7
90.6
Development and Investment Banks
4.2
93.1
2.7
* Ownership structure is not taken into account in the shares trading in ISE.
The weighted paid-in capital shares are used for the calculation of capital structure .
The distribution of shares traded in ISE is not included.
Source: BAT

15. (In terms of paid-in capital, perc.)
Ownership Structure
(In terms of paid-in capital, perc.)
2013
2014
2015
2016
2017
Trading in BIST
15.4
14.8
13.6
12.5
11.9
Other
Resident
55.1
54.8
53.4
52.0
53.2
Non-Resident
29.6
30.4
33.0
35.5
34.9
Source: BAT

16. Numbers of ATM, POS, Debit Cards and Credit Cards
(Thousand)
2014
2015
2016
2017
2018 March
ATM 46 48 49 50
POS
2,191
2,158
1,746
1,700
1,613
Debit Cards
105,513
112,384
117,011
131,593
134,581
Credit Cards
57,005
58,215
58,795
62,454
63,428
Source:The Interbank Card Center

17. Transaction Volume of Debit Cards
(Incl. domestic and international transactions) to Gdp (Percent)
Source: The Interbank Card Center, TurkStat

18. Transaction Volume of Credit Cards
(Incl. domestic and international transactions) to Gdp (Percent)
Source: The Interbank Card Center, TurkStat

19. Number of customers in Internet Banking and Volume of Transactions
2014
2015
2016
2017
2018 March
Number of Active Customers (Million)
14.3
17.4
20.4
13.1
13.5
Volume of Transactions (TL Billion)
2,561
3,075
3,727
4,630
4,855
Volume of Transactions to Gdp** (percent)
125
132
143
149
150
Starting from March 2017, digital banking statistics have been added to the report and updates have been made to internet banking and mobile banking definitions.
* The number of customers who have logged in at least once during last three months.
Source: BAT

20. Number of customers in Mobile Banking and Volume of Transactions
2014
2015
2016
2017
2018 March
Number of Active Customers (Million)
6.7
12.2
19.2
29.5 32
Volume of Transactions (TL Billion)
218
555
1,011
2,126
2,291
Volume of Transactions to Gdp** (percent) 11 24 39 68 71
Starting from March 2017, digital banking statistics have been added to the report and updates have been made to internet banking and mobile banking definitions.
* The number of customers who have logged in at least once during last three months.
Source: BAT

21. Balance Sheet Indicators

22. Total Assets
Source: BRSA

23. Financial Assets and Liquid Assets
(Billion TL)
Source: BRSA

24. Financial Assets and Liquid Assets
(Billion USD)
Source: BRSA

25. Loans and Receivables
Source: BRSA

26. Distribution of Loans and Receivables
(Percentage)
Source: BRSA

27. The Distribution of Loans* (Annual growth, percent)
2014
2015
2016
2017
2018 March
Total 16 20 17 21
Retail 1 10 15
-Credit Cards -7 11 8 12 13
-Housing 14
-Vehicle
-20 -5 4 7
-Other 6 18
Corporate 24 22
-SME Loans 27
*Participation banks are included.
Source: BRSA

28. The Distribution of Loans* (Annual growth deflated with CPI, percent)
2014
2015
2016
2017
2018 March
Total 7 10 8
Retail -7 1 3 2
-Credit Cards
-15 -1
-Housing 4 5 6
-Vehicle
-26
-13 -4 -5 -2
-Other
Corporate 14 9
-SME Loans 17
*Participation banks are included.
Source: BRSA

29. Deposits
Source: BRSA

30. TL Deposits / Total Deposits
(Percent)
Source: BRSA

31. The Distribution of Deposits* (Annual growth, percent)
2014
2015
2016
2017
2018 March
TL Deposit 11 8 18 13 17
FX Deposit 38 14 24
Precious Metal Deposit
-22
-32 59 31
Total Deposit
Natural Persons' Deposit 19 16
Official Institutions' Deposit -4 21 2 25 10
Commercial & Other Institutions' Deposit 20
*Participation banks are included.
Source: BRSA

32. The Distribution of Deposits*
(Annual growth deflated with CPI, percent)
2014
2015
2016
2017
2018 Mart
TL Deposit 2 -1 9 1 4
FX Deposit 27 5 11
Precious Metal Deposit
-29
-38 46 23 17
Total Deposit 8
Natural Persons' Deposit 7 6
Official Institutions' Deposit
-12 -6 12 -2
Commercial & Other Institutions' Deposit 10
*Participation banks are included.
Source: BRSA

33. Shareholder’s Equity
Source: BRSA

34. Free Shareholder’s Equity
Source: BRSA

35. Non Deposit Funds
Source: BRSA

36. Selected Indicators

37. Assets and Income Per Capita
(USD)
Source: BRSA, TurkStat

38. Selected Balance Sheet Indicators to Gdp
(Percent)
Source: BRSA, TurkStat, BAT

39. Government Domestic Debt to Total Assets
(Percent)
Source: CBRT, BRSA

40. Loans and Receivables / Total Assets
(Percent)
Source: BRSA

41. Financial Assets / Total Assets
(Percent)
Source: BRSA

42. Deposits / Total Assets
(Percent)
Source: BRSA

43. Non-Deposit Funds / Total Assets
(Percent)
Source: BRSA

44. Shareholder’s Equity / Total Assets
(Percent)
Source: BRSA

45. Loans and Receivables / Deposits
(Percent)
Source: BRSA

46. Non Performing Loans (Before provisions) / Total Loans and Receivables
(Percent)
Source: BRSA

47. Average Return on Equity and 2 Year Government Bond Yield (Percent)
Source: BRSA, TurkStat, BAT

48. Capital Adequacy Ratio
(Percent)
Source: BRSA

49. Income / Expenditure Indicators

50. Interest Income, Interest Expenditure and Net Interest Income to Total Assets
(Percent)
Source: BRSA

51. Net Non Interest Income / Total Assets
(Percent)
Source: BRSA

52. Net Fees, Commissions and Banking Services Income / Total Assets
(Percent)
Source: BRSA

53. Total Expenses to Total Income (Percent)
Kaynak: BDDK

54. Net Operating Profit (Loss) / Total Assets
(Percent)
Source: BRSA

55. International Comparison

56. Total Assets to Gdp (percent)
Source: SNL, BRSA

57. Total Loans to Gdp (2016, percent)
Source: SNL, BRSA

58. Total Deposits to Gdp (2016, percent)
Source: SNL, BRSA

59. Problem Loans / Total Loans (Percent)
Source: SNL, BRSA

60. Remarks
Net Interest Income / Expenditure: Interest Income – Interest Expenditures
Free Shareholder’s Equity: Shareholder’s Equity - (Fixed Assets + Non Performing Loans (net))
Non Deposit Funds: Payables to the Central Bank + Payables to money market + Payables to banks + Funds from Repo transactions + Funds + Securities issued
Net Non Interest Income (Expenditure) : Net Operating Profit (Loss) – Net Interest Income (Expenditure)
Net Fees and Commissions (Expenditure) : Fees and commissions provided from loans – Fees and commissions paid
Other Assets: Includes all balance sheet asset accounts not covered specifically in other areas of the activity.
Dev.: Developed Countries (UK, Germany, France, Italy and Japan)
GOÜ: Emerging Counties (Turkey, Russia, India, South Africa, Mexico, Brazil, Poland, Malaysia,