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Formerly | Devlet Sanayi ve İşçi Yatırım Bankası |
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Company type | Anonim şirket |
Industry | Public development bank |
Predecessors | Republic of Turkey Tourism Bank |
Founded | November 11, 1975 in Ankara |
Founder | Ministry of Treasury and Finance |
Headquarters | , Turkey |
Area served | Mostly Turkey |
Key people | Raci Kaya, chairman of the board |
Number of employees | 187,918 [1] (2024) |
Website | kalkinma |
Turkey Development Bank is a Turkish public development bank.
The bank was founded on November 11, 1975, as Devlet Sanayi ve İşçi Yatırım Bankası A.Ş. (DESİYAB, English : State Industry and Worker Investment Bank), a part of Ministry of Industry and Technology. It was renamed on June 22, 1988, as Türkiye Kalkınma Yatırım Bankası In 1989, it was merged with Republic of Turkey Tourism Bank, and has started to operate in the field of tourism. [2]
In 2018, the bank changed its name from Turkey Development Investment Bank to Development Investment Bank, which is its current name. [3]