2024

HALKBANK

Entrant Company

HALKBANK

Category

Company & Organization - Banking

Client's Name

Country / Region

Turkey

Halkbank, established in 1938 with the mission of supporting artisans and SMEs and accelerating sustainable economic development in Türkiye, has become one of the prominent, stable, pioneering, and reputable brands in the rising country. For 86 years, Halkbank has been leading the development of the Turkish banking sector.

As "The Bank of Productive Türkiye" Halkbank develops products and services that respond to the needs of the real sector with its expertise in SME Banking. Among the most efficient banks in terms of equity profitability, Halkbank serves throughout Türkiye with 1,079 branches and 4,064 ATMs.

In 2023, despite the inflationary economic developments worldwide, Halkbank continued to be a strong supporter of the Turkish economy, achieving growth of 57.6% in total assets, 50.8% in cash loans, and 76.5% in total deposits. Halkbank created an economic value in the billions of TL in 2023.

Like the rest of the world, artisans, entrepreneurs, and SMEs in Türkiye are among those most affected by social and economic developments. Halkbank increased its support for SME customers during this challenging period by allocating 55.7% of its commercial loans to SMEs. Halkbank continues its market leadership on SME credits with a market share of 18,6%.

Credits

 
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