Töbank Explained

Töbank
Type:Bank
Location City:Ankara and Istanbul
Location Country:Turkey
Industry:Financial services
Products:Banking
Successor:Halkbank

Töbank (full name Türkiye Öğretmenler Bankası) was a former Turkish bank.

It was founded on 22 May 1958 in Ankara. Its main shareholders were 21,000 teachers. The name of the banks means "Teachers' Bank of Turkey". In 1985 headquarter of the bank was moved to Istanbul. On 22 May 1992 it was merged with Halkbank, a Turkish public bank.[1]

Töbank camp

Töbank owned a holiday camp in Kumkuyu town of Mersin Province. The ground area of the sea side camp was . After the merger, the camp was bought by the provident fund of Töbank employees. On 5 March 2011 the fund sold the camp to a private tourism company.[2]

Notes and References

  1. Web site: Hangi banka neden kapandı? haberi - FinansGündem.com. Why did the bank close?. finansgundem.com. 2018-04-17.
  2. Web site: TÖBANK Tesisleri satıldı, bundan sonrası kıyıyı korumakla yükümlü Devletin görevi… - ufukturu.net - İnovatif ve Vizyoner. TÖBANK Facilities were sold, after that the responsibility of the State who is obliged to protect the coast ... - ufukturu.net - Innovative and Visionary. tr. ufukturu.net. 2018-04-17.