Baku, Azerbaijan, April 22
By Rufiz Hafizoglu - Trend:
Two Iranian banks, Bank Pasargad and Tejarat Bank appealed to the Turkish banking regulation and supervision agency regarding obtaining a license to open branches in the country, the Turkish newspaper Sabah reported on April 22.
In case of issuing the licenses to Bank Pasargad and Tejarat Bank, the number of Iranian banks, operating in Turkey, reaches three.
The first Iranian bank Mellat has received a license to open a branch in Turkey in 1981. Currently, there are branches of this bank in Istanbul, Ankara and Izmir.
Turkey's banking sector is one of the leading sectors of the country's economy. Some 49 banks are operating in the country.
Some 36 banks of the total number of banks are commercial, and 13 are investment banks.
There are three public, 12 private banks (with 100 percent Turkish capital) and 16 banks established with foreign capital in Turkey.
Some 789 bank branches were opened in 2013. Thus, the number of bank branches in Turkey amounted to 11,023, according to the Banking Association.
translated by NH
edited by CN