Economic activities contribute to increase of banking sectors in
Turkey since expectations have developed rapidly and there is a
stability which has been sustained in the financial markets.
Therefore, this situation reflects to ascend the effectiveness of
supervision in the banking system.
The banking sector shapes a great part of the Turkish financial
system in its dynamic economy because most of the transactions and
activities of money and capital markets are complemented by banks.
In particular, both private and most state banks have close
connections to large industrial groups and holdings.
Establishment of Bank in Turkey
So as to ensure financial stability, there are lots of
structural reforms which have been introduced in the banking
system. Thus, any bank to be established in Turkey shall accomplish
certain requirements in accordance with the Banking Law No 5411
such as constitution requirement as joint stock market and a
paid-up capital amount of minimum
