Türk Ticaret Bankası A.Ş (TTB, English: Turkish Trade Bank), also known as Türkbank, was founded in 1913 in Adapazarı by private investors as a regional bank under the name of Adapazarı İslam Ticaret Bankası. It was renamed Türk Ticaret Bankası A.Ş in 1937, and relocated its head office to Istanbul in 1952.[1][2]
Türkbank was taken over by the Turkish Treasury in 1994 after the bank was weakened by the Turkish financial crisis of the time.[3] After a privatization scandal in the late 1990s, which caused the collapse of the government of Mesut Yılmaz, resulted in the planned privatization to fail, the bank went into liquidation on 9 August 2002.[1][2]
türk, ticaret, bankası, english, turkish, trade, bank, also, known, türkbank, founded, 1913, adapazarı, private, investors, regional, bank, under, name, adapazarı, islam, ticaret, bankası, renamed, 1937, relocated, head, office, istanbul, 1952, typebankindustr. Turk Ticaret Bankasi A S TTB English Turkish Trade Bank also known as Turkbank was founded in 1913 in Adapazari by private investors as a regional bank under the name of Adapazari Islam Ticaret Bankasi It was renamed Turk Ticaret Bankasi A S in 1937 and relocated its head office to Istanbul in 1952 1 2 Turk Ticaret BankasiTypeBankIndustryBankingFounded1913Defunct9 August 2002HeadquartersIstanbul TurkeyProductsFinancial servicesParentTMSFWebsitewww turkbank com trTurkbank was taken over by the Turkish Treasury in 1994 after the bank was weakened by the Turkish financial crisis of the time 3 After a privatization scandal in the late 1990s which caused the collapse of the government of Mesut Yilmaz resulted in the planned privatization to fail the bank went into liquidation on 9 August 2002 1 2 See also Edit Banks portalTurkbank scandalReferences Edit a b Historical Data about Closed Banks TBB a b Resmen hortumlanan banka Aksiyon in Turkish 2001 12 22 Archived from the original on 2014 12 05 Retrieved 2014 11 30 Korkmaz Yigit bids highest for Turkbank stake Hurriyet Daily News 5 August 1998 External links EditTranscripts of leaked conversations between Turkbank bid winner Korkmaz Yigit and mafia boss Alaattin Cakici This Asian bank related article is a stub You can help Wikipedia by expanding it vte This European bank or insurance related article is a stub You can help Wikipedia by expanding it vte This Turkish corporation or company article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Turk Ticaret Bankasi amp oldid 1029879052, wikipedia, wiki, book, books, library,
