Iran at the Top of Foreign Currency Deposits at Turkish Banks

By Gamze Coşkun, JTW

Iranians' deposists in Turkish banks are at the top of the ranking among other foreign deposit accounts in Turkey. According to the data, Iran is the major depositor with 3.07 billion dollars.

Iranians are followed by the German with 2.5 billion dollar deposits.

The rest of the ranking is as follows:

North Cyprus - 1.49 billion dollars

U.K. - 1.07 billion dollars

The U.S. - 0.8 billion dollars

Luxemburg - 0.49 billion dollars

Switzerland - 0.45 billion dollars