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English Türkçe

HALKB

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Turkiye Halk Bankasi

14.58
+0.40 (+2.82%)
Last Update: 19 Apr 2024 18:10:00
Yesterday: 14.18
Day's Range: 14.01 - 14.61
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When Written:
 
11.13
Turkiye Halk Bankasi, also known as Halkbank, is a state-owned commercial bank in Turkey. It was established in 1938 to provide financial services to small and medium-sized enterprises (SMEs) and individuals. Today, Halkbank is one of the largest banks in Turkey, with over 1,000 branches and more than 20,000 employees.

Halkbank offers a wide range of banking services, including deposit accounts, loans, credit cards, insurance, and investment products. It also provides international banking services, such as trade finance, foreign exchange, and correspondent banking.

The bank has a strong presence in Turkey's agricultural and industrial sectors, and it is known for its support of SMEs. Halkbank has also expanded its operations to other countries, including Azerbaijan, Bosnia and Herzegovina, Kosovo, and North Macedonia.

In recent years, Halkbank has been involved in a number of controversies, including allegations of money laundering and sanctions violations. In 2019, the US Department of Justice charged Halkbank with violating US sanctions on Iran, and several Halkbank executives were indicted. The case is ongoing.

Note: This message was created by artificial intelligence; It does not guarantee the accuracy of the information it contains and cannot be considered as investment advice.
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