Following the
İzmir Economic Congress in 1923, a number of small local banks were founded in Turkey.[1] One of these was İzmir Esnaf Ahali Bankası , a local bank founded in
İzmir in 1928. [2] The name of the bank means "The banks of artisans and people". In 1959 it was renamed as Egebank where Ege is the Turkish name of the
Aegean Region.
On 21 December 1999 it was acquired by
Savings Deposit Insurance Fund of Turkey (TMSF).[3]
