Turkey Development Bank

Kalkınma ve Yatırım Bankası A.Ş.
FormerlyDevlet Sanayi ve İşçi Yatırım Bankası
Company type
Anonim şirket
IndustryPublic development bank
PredecessorsRepublic of Turkey Tourism Bank
FoundedNovember 11, 1975; 50 years ago (1975-11-11) in Ankara
FounderMinistry of Industry and Technology
Headquarters
Istanbul
,
Turkey
Area served
Mostly Turkey
Key people
Raci Kaya, chairman of the board
OwnerMinistry of Treasury and Finance
Number of employees
187,918[1] (2024)
Websitekalkinma.com.tr
The entrance of the bank from its former headquarter in Ankara

Turkey Development Bank is a Turkish public development bank.

History

The bank was founded on November 11, 1975, as Devlet Sanayi ve İşçi Yatırım Bankası A.Ş. (DESİYAB, English: State Industry and Worker Investment Bank), a part of Ministry of Industry and Technology. It was renamed on June 22, 1988, as Türkiye Kalkınma Yatırım Bankası In 1989, it was merged with Republic of Turkey Tourism Bank, and has started to operate in the field of tourism.[2]

In 2018, the bank changed its name from Turkey Development Investment Bank to Development Investment Bank, which is its current name.[3]

References

  1. ^ "Banka, Çalışan ve Şube Sayıları" (PDF). Banks Association of Turkey. Retrieved 21 June 2025.
  2. ^ "Tarihçe, Statü ve Sermaye Yapısı". Kalkinma.com.tr. Archived from the original on 27 September 2017. Retrieved 30 March 2018.
  3. ^ "Kalkınma Bankası'nın adı değişti". finansgundem.com. 24 October 2018. Archived from the original on 30 January 2020. Retrieved 30 January 2020.
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