Alternatif Bank joined the Turkish banking industry in 1991. In 2013, The Commercial Bank (P.S.Q.C.), Qatar’s first private bank and one of the region’s prominent and prestigious financial institutions, became the majority shareholder of Alternatif Bank with 75 percent ownership.

Following a 3-year partnership, Alternatif Bank became the 100 percent subsidiary of The Commercial Bank by the end of 2016, and set off toward much bigger targets in perfect alignment with The Commercial Bank’s international vision and objectives both in Turkey and abroad. The Bank completed its corporate transformation in March 2018 by maximising the interaction between the two banks, changed its name, logo and corporate identity and decided to continue its activities under the brand of Alternatif Bank.

Building the values defining its corporate culture on the principles of «Advisory Banking» and «Prudent Banking», Alternatif Bank has established the core elements of its strategy as “Investing in Human Capital”, “Seamless Service and Customer Satisfaction”, “Compliance with Corporate Governance Principles”, “Effective Capital Management” and “Creative Innovation”.

Alternatif Bank continues its activities in domestic and international markets by reinforcing its reputation and credibility with its strong correspondent bank relations and The Commercial Bank’s support.

With its Head Office in Istanbul, 48 branches, nearly 1000 employees and seamless service approach, Alternatif Bank serves businesses from all sectors producing, creating jobs and contributing to the economy. Apart from its branches serving as conventional distribution channels, Alternatif Bank provides its services via Alternatif Bank Internet Banking, mobile application, Alternatif Bank Customer Contact Center and the network of contract ATMs located over 6.500 points.