Turkish Commercial Bank Restarts Operation

Türk Ticaret Bankası, the first bank established by the private sector in our country, is reopening. The decision was published in the Official Gazette dated November 20, 2021.

Founded in 1913 and Turkey’s first established by the private sector Türk Ticaret Bankası (TTB), also known as the Turkish Commercial Bank (TTB). Turkbank‘s activities on 1 July 2001 to be stopped the decision had been made.

Later, in August 2002, the bank was decided to be liquidated. for the last 19 years was in the off state.

Turkish Commercial Bank reopens

According to the decision published in the Official Gazette dated 20 November 2021, Türk Ticaret Bankası, whose activities were suspended 20 years ago, permission to operate again. Whether the bank will be privately or state-owned is currently unclear. Unknown.


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It is thought that the reopening of the TTB will contribute to the country’s economy. About the reopening and future activities of the bank shortly. Clarification is expected.

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