TEB Private Banking: Best Private Banking Services Turkey 2022


Established in Izmit in 1927, Türk Ekonomi Bankası (TEB) is one of Turkey’s oldest and proudest banks. In 1989, it began providing exclusive services to high-net worth individuals becoming the first Turkish bank to offer private banking services. Today it remains a pioneer in the segment with the development of new services and investment products including in alternative investments. Its 11 Private Banking Centres and four in-branch facilities provides access throughout the country while its strategic partnership with BNP Paribas provides clients with a global investment reach and a physical presence in 19 countries. Its wealth management services are available to clients who hold TRY 15m or more with TEB Private Banking. Tailored investment products and insurance are provided by Wealth Management Sales Managers (with 25 years of industry experience) and Private Investment Advisors. TEB is also a pioneer in creating the TEB Private Angel Investment Platform and the TEB Private Investor Society. Both platforms help clients to invest in promising Turkish startups and in developing the local entrepreneurship ecosystem. TEB has also developed its Digital Museum service to help educate and inspire clients interested in collecting art. TEB has also developed TEB Affluent Banking to provide its clients with exclusive products and services that go beyond banking to discounts and privileges at restaurants, shops, and travel services. The CFI.co judging panel is pleased to award TEB Private Banking with the 2022 award for Best Private Banking Services (Turkey).