Turkey’s significance on the world finance stage is on the rise. The financial capital of the country, Istanbul, with its rich and vibrant economy, is now slated to become a World Finance Center. The established banks and financial institutions in Turkey, 24 with foreign capital out of an active 49, operate with 9,328 branch offices that offer a variety of services to their customers in every aspect of banking. (As of September 2009)
Meanwhile, a total of 54 local and international insurance companies are currently active in Turkey, where both individuals and corporations can benefit from life, health, housing, business and traffic insurances.