Turkland Bank
Turkland Bank A.Ş. (T-Bank) is a Turkish bank established in 1985 as the Istanbul branch of Bank of Bahrain and Kuwait, later becoming independent and undergoing several name changes before adopting its current name in 2007.
Last updated September 1, 2026
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Overview
Turkland Bank A.Ş. (T-Bank) is a Turkish bank. It was established in 1985 as the Istanbul branch of Bank of Bahrain and Kuwait. In 1991 it became an independent institution under the name Bahreyn ve Kuveyt Bankası A.Ş. It was renamed Garanti Yatırım ve Ticaret Bankası A.Ş. in 1992 and MNG Bank A.Ş. in 1997. In 2006, Arab Bank and BankMed acquired 91% of MNG Bank's shares, with the transfer completed in January 2007. In April 2007, the bank's name was changed to Turkland Bank A.Ş. (T-Bank). In July 2010, the remaining 9% shares were acquired, making the ownership structure equal at 50% each for BankMed and Arab Bank. In 2020, the bank's capital was increased from 650 million TL to 1 billion TL. As of April 3, 2026, the majority stake was transferred to Monaco-based SCP Azuréa, ending the previous shareholders' involvement.
History
Turkland Bank A.Ş. (T-Bank) was established in 1985 as the Istanbul branch of Bank of Bahrain and Kuwait. In 1991, it became an independent institution under the name Bahreyn ve Kuveyt Bankası A.Ş. It was renamed Garanti Yatırım ve Ticaret Bankası A.Ş. in 1992 and MNG Bank A.Ş. in 1997. In 2006, Arab Bank and BankMed acquired 91% of MNG Bank's shares, with the transfer completed in January 2007. In April 2007, the bank's name was changed to Turkland Bank A.Ş. (T-Bank). In July 2010, the remaining 9% shares were acquired, making the ownership structure equal at 50% each for BankMed and Arab Bank. In 2020, the bank's capital was increased from 650 million TL to 1 billion TL. As of April 3, 2026, the majority stake was transferred to Monaco-based SCP Azuréa, ending the previous shareholders' involvement.
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