History

TÜRKİYE EMLAK KATILIM BANKASI

Following the War of Independence, Real Estate and Orphans (Emlak ve Eytam) Bank was established in 1926 by the signature of Mustafa Kemal Atatürk to undertake the construction of young Turkish Republic, support construction initiatives, protect the rights of orphans and offer required loans and credits.

In the first years of its establishment, it undertook the projects which were among the most distinguished projects of the First National Architectural Period such as New Parliament Building, Turkish Hearts (Ocakları) Building and Central Bank. Having constructed Bahçelievler Housing Project, which was the first housing project of our country, the Bank presented the earliest form of housing loan with the system applied in this project. Then, it made a great contribution to our country’s construction and employment with the construction of Saraçoğlu Quarter, Levent Houses, Koşuyolu Quarter and other landmark buildings all around the country.

Having changed its name many times due to changing needs of the country within years, Real Estate and Orphans Bank maintained its activities under the names Real Estate and Credit Bank of Turkey, Tek Bank and finally Turkey Real Estate Bank (Türkiye Emlak Katılım Bankası).

Having obtained necessary authorizations from BRSA (BDDK) as Turkey’s youngest participation bank, Türkiye Emlak Katılım Bankası resumed its operations to make Turkey stronger with its 93 years of experience and with the most experienced and hardworking team of Turkey.

Türkiye Emlak Katılım Bankası will develop sustainable financing models, accessible by everyone in economic cycle from manufacturers to consumers, for the strategic sectors such as construction sector with high contribution to economic development and employment.

In the meantime, Türkiye Emlak Katılım Bankası will offer new product and service models for participation banking and will contribute to the development and growth of participation banking sector and to increase of the sector share.