HSBC Turkey

HSBC Bank A.Ş. was established as Midland Bank A.Ş. in 1990. It was a subsidiary of Midland Bank and was the first British bank in Turkey to be established. Then it was renamed HSBC Bank A.Ş. in 1999. In October 2001, HSBC Bank A.Ş. acquired Demirbank T.A.Ş., the fifth-largest private bank in Turkey from the Turkish financial regulator after it was rescued, during the financial crisis. Demirbank's wholly owned stockbroking and fund management subsidiary, Demir Yatirim was also acquired and the merger of HSBC Bank A.Ş. and Demirbank was successfully completed in December 2001. Other subsidiaries of HSBC Bank A.Ş. are HSBC Ödeme Sistemleri Bilgisayar Teknolojileri Basın Yayın ve Müşteri Hizmetleri A.Ş., HSBC İnternet ve Telekomünikasyon Hizmetleri A.Ş.

HSBC Bank A.Ş. operated 4 branches in the Turkish Republic of Northern Cyprus until the end of 2017. As of 1 December 2017, Friday, HSBC Bank TRNC Operations were transferred to ALBANK.