Best bank: Isbank
The 100th anniversary of Isbank, Turkey’s biggest private-sector lender, has come after some challenging years for the country’s economy and financial sector.
The bank has been doing well despite the challenging environment, evident in a cost-to-income ratio of 38.2%. Already Turkey’s largest private-sector deposit-taker, it is aiming to grow loans and fees faster than peers, as chief executive Hakan Aran sees a chance for private-sector lenders to regain share from public-sector banks.
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