Citi was first established in Turkey in 1975 and began to operate as a branch in 1981.
Prior to becoming a branch and as early as 1946, Citi was involved in a number of development projects, such as motorway financings, power plants and dams. As the Turkish financial market grew in the 1980s, we expanded our Markets & Banking business by introducing new products and services. In 1998, we launched our Commercial Banking business in Turkey.