The Real Estate Bank İs Reborn From İts Ashes!

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The Real Estate Bank, which was established in 1988 to support the real estate market, decided to liquidate by removing banking transactions and acceptance of deposits in 2001 as a result of widespread bribery scandals and economic crises.


16 years after the liquidation decision, the bank has been granted a one-year term for liquidation by the amendment made in the Parliament. The bank, which will complete the process in this process, will start working with the permission of the banking activity if the conditions are favorable. The name that governs these works is Zeki Sayın, one of the doyen names of the Turkish banking sector. Zeki Sayın, the founder chairman of Emlakbank, is also a member of the board of directors of the public banks. Zeki Sayın was brought to the board of directors of the company to manage the liquidation process again in 2003 after the decision of liquidation of Emlakbank was taken. After the liquidation cancellation decision, he also assumed the position of general manager of the bank. Economist News Manager Talip Yilmaz had a chance to talk with Zeki Sayın. Stating that the Banking Regulation and Supervision Agency (BRSA) granted them a period of 31 May 2018 to pass the action, Zeki Sayın gave the following information in title:


– In the past few years, we have been able to put the liquidation bank in the corporate taxpayer record. The last tax we paid was 35 million TL.

– We will open branches when we get the permission of BRSA. But we will be a bank that uses new technologies.


– Emlakbank is a strong bank in terms of portfolio. We have lottery properties in many regions of Istanbul. Funds came from the Gulf, interested in us. A foreign partner may also be acquired in the future.


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