From Foundation to Present

Şekerbank was established in Eskişehir on October 12, 1953 under the name of “Pancar Kooperatifleri Bankası A.Ş.” to support local development, sustainable production and agricultural industry with savings of hundreds of thousands of beet cooperative member farmers in Anatolia.

The Bank took the name of Şekerbank when it moved to Ankara in the year 1956. Headquarters of Şekerbank, of which were offered to public in 1997 partially, moved to Istanbul in the year 2004. Operating in the fields of enterprise, agricultural, commercial/SME, corporate and retail banking, Şekerbank is regarded as the "key bank of Turkey" by the international financial institutions to reach its broad-based local customer profile thanks to its expertise in the abovementioned fields, energy efficiency investments, and the supports it offers to entrepreneurs.

Şekerbank, which understands the farmers, craftsmen and enterprises the best and offers solutions special to them through its branches 72 percent is located in Anatolia, distinguishes itself from the competition thanks to its accumulation of knowledge in local banking and widespread network of branches.

Şekerbank has 239 branches and 7 regional directorates across Turkey (1 in Istanbul, 6 in Anatolia). Most of its branches in 67 cities and 90 off-center districts have been serving in the same place, in the same region for almost half a century.

Şeker Yatırım, Şeker Factoring, Şeker Leasing, Şekerbank Kıbrıs Ltd., Şeker GYO and Şekerbank International Banking Unit Ltd. are some of the affiliates of Şekerbank, which serves its customers through sekerbank.com.tr, 0850 222 78 78 Call Center, ATM, mobile banking and social media accounts in addition to its branches.

Within the scope of the Digital Transformation Program, with which the Bank renewed all processes and technological infrastructure end-to-end, sustainable banking practices, especially the expansion of financial access, have been prioritized and Şekerbank has developed digital application, which is the first in Turkey for financing of rural areas.

Having defined its mission as 'Community Banking' with the broad-based banking understanding, Şekerbank reaches out segments that have not met banking services by applying the first microfinance lending model of Turkey; developing projects to provide each segment with equal access to finance by performing field banking.

Şekerbank, which assigns a large part of its total loan portfolio to farmers, craftsmen, enterprises and corporate firms, creates social platforms that includes real sector, public and NGOs to create value beyond loans for its customers.

By supporting energy efficiency investments in a broad-based structure from individuals to enterprises, Şekerbank has introduced energy saving to more than 123 thousand people through EKOkredi, which was created for the first time in Turkey by Şekerbank in 2009. 

Şekerbank that has a Regulation on Environment and Social Awareness, which is a rare occasion in its sector, is involved in the Carbon Disclosure Project (CDP), one of the leading platforms of the world to fight the climate change. Şekerbank is also one of the signatories of the United Nations Global Compact (Global Principles Convention).

Being one of the leading banks that measure the environmental and social impacts of the lending processes in Turkey, Şekerbank is engaged in international co-operations in this field.

Şekerbank, which has started the “Family Farming Banking” project, a first in the world, for sustainability of production, so that farmers do not leave their lands and villages, makes efforts to ensure survival of the local culture while supporting the agriculture and rural development.

The Bank has laid an important financial bridge between international financial organizations and Turkey's SMEs by issuing the first Covered Bonds (CB) backed by SME credits in the world in 2011.

As Turkey's first bank that has received a corporate management grade, Şekerbank continues to play a pioneering role in this field as well.