Turkey’s Most Profitable Bank Revealed

The Turkish banking landscape has reached a historic milestone, with its top 10 financial institutions reporting a staggering collective net profit of 674.8 billion TL for the fiscal year 2025. This surge represents a 40% increase over previous figures, driven by aggressive asset growth and robust expansion in credit support despite a tightening economic environment.

Ziraat Bank Leads the Pack in Assets and Earnings

Public heavyweight Ziraat Bank solidified its position as the undisputed leader of the sector. Holding the crown for the largest asset base at 8.5 trillion TL, the bank also delivered the industry’s highest profitability, totaling 161.5 billion TL. The state-run giant was followed by Garanti BBVA, which secured the second spot in profitability with 110.6 billion TL in earnings, and VakıfBank, which reported 70.1 billion TL in earnings.

The 38 Trillion Lira Milestone: A 41% Asset Surge

The combined asset size of Turkey’s premier “Top 10” club—including Ziraat, VakıfBank, İşbank, Halkbank, Garanti BBVA, Akbank, Yapı Kredi, QNB Bank, DenizBank, and Kuveyt Türk—jumped from 27 trillion TL to 38 trillion TL within a single year. Notable highlights from the hierarchy include:

• VakıfBank reached 5.4 trillion TL in assets, securing the second-largest position.

• İşbank maintained its title as the largest private bank, with 4.6 trillion TL in assets.

• Kuveyt Türk stood out as the fastest-growing entity, with assets rising 58.7%, becoming the only participation bank to break into the top ten.

VakıfBank Claims Title for Highest Profit Growth

While Ziraat Bank recorded the highest total volume, VakıfBank led in momentum, increasing its net profit by 73.5%. Other high-performers in profit acceleration included Yapı Kredi (68.8%) and Ziraat Bank (60.4%). This profitability surge occurred alongside a massive expansion in cash credit support, which surpassed 20.5 trillion TL across these ten institutions, proving that the banking sector remains the primary engine of Turkish economic liquidity.

Equity and Deposits: Building a Trillion-Lira Fortress

The financial stability of these institutions is further evidenced by their equity growth, which climbed 57% to reach 3.2 trillion TL. Simultaneously, the total pool of deposits and participation funds hit 24.8 trillion TL. Ziraat Bank remains the top choice for savers with 5.4 trillion TL in deposits, while Kuveyt Türk led the growth in this category, increasing its fund collection by over 53%.