Turkish Commercial Bank

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Turkish Trade Bank was the first bank established by a Muslim private enterprise not only within the borders of the Ottoman Empire, but also in the Islamic world at that time.

It was founded in Sakarya in March 1913 by 13 businessmen and tradesmen, most of whom immigrated from Rumelia to the Ottoman Empire.

The bank's largest shareholder and first Chairman of the Board of Directors is Faik Tunay's great grandfather, Hacı Adem İbrahim Beyzade. It was Turkey's fifth largest bank for a while.

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