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Private company

Eti Mine Works

Former Turkish bank

Etibank A.Ş is a defunct Turkish bank. Founded in 1935 as a state bank focused on financing the electricity sector, it launched commercial banking activities in 1955. The commercial banking division was separated out in 1993 (from what would become Eti Mine Works), and privatised on 2 March 1998 to Medya İpek Holding A.Ş., co-owned by Cavit Çağlar and Dinç Bilgin, for $155m.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Jun 14, 1935Founded1
  • Industryfinancial services1
  • Headquartersİstanbul1

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Etibank A.Ş is a defunct Turkish bank. Founded in 1935 as a state bank focused on financing the electricity sector, it launched commercial banking activities in 1955. The commercial banking division was separated out in 1993 (from what would become Eti Mine Works), and privatised on 2 March 1998 to Medya İpek Holding A.Ş., co-owned by Cavit Çağlar and Dinç Bilgin, for $155m. The bank was sold to Bilgin's Medya Sabah Holding A.Ş. in 2000. It was taken over by the government's TMSF in October 2000, and Eskişehir Bankası T.A.Ş. and İnterbank A.Ş. merged into it on 2 July 2001. It was merged into the TSMF's Bayındırbank on 5 April 2002.2

Corporate structure

Eti Mine Works sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

Products and brands

  • financial services

Listed on Wikidata.1

Subsidiaries and ownership

Subsidiaries

From Wikidata.1

Timeline

  1. Apr 5, 2002Dissolved Dissolved1
  2. Jun 14, 1935Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2