...Small Players: The combined assets of Sekerbank T.A.S., Alternatifbank A.S. (Abank), Anadolubank A.S., Turkland Bank A.S. (T-Bank), Tekstil Bankasi A.S. (Tekstilbank), Arap Turk Bankasi A.S. (A&T Bank), and BankPozitif Kredi ve Kalkinma Bankasi A.S. (BankPozitif) represent around 3% of the total assets of Turkey's banking sector. None of the banks control a meaningful market share. Narrow franchises limit competitive advantages. Niche Banks; Narrow Focus: The seven Turkish banks discussed in this report focus mainly on the domestic market and provide a fairly traditional range of services mainly to the country's SME and retail segments. Sekerbank has carved out a niche for itself, operating nationwide and specialising in the microfinance segment. A&T Bank specialises in trade finance and other services conducted primarily between Turkey and Libya. BankPozitif provides boutique transactional loans to larger and medium-sized companies and specialised consumer loans. Significant Foreign Shareholder...
