TEB logo — Türk Ekonomi Bankası

TEB

Türk Ekonomi Bankası

Founded 1927 Turkey Turkey 8681 employees Late Stage Total: $361.77M Fintech, Banking

General Information

Company Name TEB
Founded Year 1927
Location Turkey Turkey
Employees 8681
Industries Fintech, Banking
Funding Stage Late Stage
Business Model B2C, B2B, Embedded Finance
Revenue Model Service Fee, Transaction Fee
Offices as of Oct 2026
34768 Istanbul, Turkey
Social

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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

Promotion Launched Oct 14, 2026

TEB has launched a new promotion offering customers various travel-related benefits. Holders of TEB Individual Credit Cards can receive up to 1,000 TL discount on travel expenses and additional bon…

New Partnership Oct 13, 2026

TEB has announced a partnership with Hyundai to offer special financing rates for the new fully electric IONIQ 3 model.

Event Participation Oct 09, 2026

TEB participated in the "İklimin Ötesinde: Antalya’ya Doğru" event, organized by Gazete Oksijen, as a financial solutions partner.

Product Launch Oct 07, 2026

Türk Ekonomi Bankası (TEB) has launched TEB Cep POS, a new payment solution that transforms Android phones and tablets into a POS device.

Acquisition Made Oct 02, 2026

TEB, through its investment arm, TEB YATIRIM MENKUL DEĞERLER A.Ş., issued a notification concerning a share purchase offer for share collection.

AI Insight

Bounce Watch AI
14 hours ago

Türk Ekonomi Bankası (TEB) is demonstrating a strong strategic push across multiple fronts in October 2026, evidenced by a new digital payment solution (TEB Cep POS) and a key partnership with Hyundai for EV financing. Concurrently, the bank's investment arm is actively pursuing share acquisitions, signaling potential strategic investments or market consolidation. These moves, alongside customer-centric promotions, highlight a dynamic approach to innovation, market expansion, and customer engagement within the competitive Turkish financial sector.

Signal Types
Product Launch Partnership Acquisition Customer Engagement Digital Transformation
Strategic Labels
Digital Innovation Market Expansion Strategic Investments
Next Move: Expansion
·
Impact: 8/10
·
Ideal For: Late Stage Fintech Investors — Turkey Focus

About TEB

Türk Ekonomi Bankası (TEB), with its slogan "Türk Ekonomi Bankası," stands as a venerable entity within Turkey's banking sector since its inception in 1927. TEB has cultivated an extensive network, offering a comprehensive suite of services ranging from investment and leasing to factoring and portfolio management.

The pivotal year 2005 marked a transformative partnership with BNP Paribas, a banking titan with operations across 65 countries. This alliance bolstered TEB's capabilities, extending its expertise in corporate, commercial, and private banking to cover retail, SME, and business banking.

As of April 30, 2026, TEB boasts a substantial asset volume of 799 billion TL and a workforce of approximately 8,500, affirming its status as a major player in Turkey's financial landscape. Recently, TEB secured a €311.77M debt financing on October 1, 2023, showcasing its robust financial health and continued appeal to investors.

Business keywords: investment banking, leasing, factoring, portfolio management, corporate banking, commercial banking, private banking, retail banking, SME banking, BNP Paribas partnership, financial literacy, entrepreneurship support, innovation in finance, female entrepreneurship, international subsidiaries

Services & Products

Personal and Business Loan Products
Credit and Debit Card Services
Mobile and Internet Banking Solutions
Investment and Wealth Management
Insurance and Pension Plans
Custom Banking Solutions for SMEs and Corporates

Target Customers

Individuals seeking banking and financial services Small and Medium-sized Enterprises (SMEs) Corporate Clients Entrepreneurs and Startups Farmers and Agricultural Businesses Retail Customers looking for investment opportunities

Pricing

as listed on Sep 30, 2026

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing €311.77M -
01 Oct 2023
Debt Financing €50.00M 1
European Bank for Reconstruction and Development
01 Apr 2023

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FAQ About TEB

Türk Ekonomi Bankası
TEB was founded in 1927.
TEB is headquartered in Turkey. As of Oct 2026, it also has offices in 34768 Istanbul, Turkey.
TEB operates in Fintech and Banking. Its work centres on investment banking, leasing, factoring and portfolio management. Its customers include Individuals seeking banking and financial services, Small and Medium-sized Enterprises (SMEs) and Corporate Clients.
TEB has a B2C, B2B and Embedded Finance business model. Its revenue comes from Service Fee and Transaction Fee.
As listed on TEB's pricing page on Sep 30, 2026: On request.
TEB has approximately 8681 employees.
TEB has completed 2 funding rounds, raising a total of $361.77M. The latest funding stage is Late Stage.
TEB offers: Personal and Business Loan Products, Credit and Debit Card Services, Mobile and Internet Banking Solutions, Investment and Wealth Management, Insurance and Pension Plans, Custom Banking Solutions for SMEs and Corporates.
Top alternatives and competitors to TEB include Odeabank, Mashreq, Vivid, Banxe, Fibabanka. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
TEB and Odeabank are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for TEB, https://bouncewatch.com/company/teb, updated 26 October 2026. When citing, please name BounceWatch and link this page.

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