94 Years of Experience
The Bank was established in 1924 at the initiative of Mustafa Kemal Atatürk, the founder of modern Turkey. Since 1924 to date, İşbank has been creating value for the Turkish economy and the stakeholders. For its customers, Isbank provides full range of banking services, including corporate, commercial, retail and private banking.
Turkey’s Largest Private Bank
As of September 30, 2018, Isbank had total assets of TL 444.3 million. Isbank is the largest Turkish bank in terms of total loans, shareholders’ equity and total assets. Furthermore, Isbank ranks first among private sector banks in terms of FX, demand deposit.
Strong Capital Base
The shareholders’ equity of İşbank reached TL 46.6 billion while maintaining its solid capitalization, İşbank’s capital adequacy ratio stood at 17.4% which is well above the regulatory limit at the end of September 2018.
Extensive Distribution Network along with Digital Channels
İşbank also has the largest network among Turkish private banks with its 1,357 domestic branches and 22 foreign branches and 6,578 ATMs; as well as its digital channels including its mobile and internet banking. Furthermore, Isbank has 3 wholly owned subsidiaries abroad (Isbank AG, which is headquartered and has 13 branches in Germany; Isbank Russia, which is headquartered and has 3 branches in Russia and Isbank Georgia which is headquartered and has 2 branches in Georgia) and 2 representative offices in Shanghai/China and Cairo/Egypt.
A Pioneering Institution in Turkish Banking Sector
The Bank has long been an innovator in the banking sector, including being the first bank in Turkey to introduce ATMs (in 1982), electronic banking (in 1983), interactive telephone banking (in 1991), interactive banking (in 1996) and internet banking (in 1997). The Bank’s ATM name “Bankamatik” has become the generic name for all ATMs in Turkey. The Bank continued to innovate the development of digital banking channels in the Turkish banking industry in 2007 with the launch of “İşCep”, which was the first application-based mobile banking service in Turkey. Recently, more than 85% of the Bank’s total comparable banking transactions carry through non-branch channels, including mobile and internet banking.
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