Turkish Bank (UK) Limited

Reference number: 204566

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

In the full report: 3 background checks

  • When turkishbank.co.uk first appeared online, and whether it can receive email
  • What kind of line 020 7403 5656 is
  • Who else gives the postcode SE1 1LN
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FCA permissions and consumer protection

  • Hold or safeguard your money FSCS may apply
    Eligible deposits are typically protected by the FSCS up to £120,000 per person, per banking group.
  • Give regulated advice FSCS may apply
    A claim for unsuitable advice is itself FSCS-protected, up to the limit that applies to the product you were advised on.
  • Manage or trade investments FSCS may apply
    Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
  • Advise on or arrange mortgages FSCS may apply
    Mortgage advice and arranging may be FSCS-covered, up to the limit that applies.
  • Lend or arrange credit No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (7 permissions)
  • Accepting Deposits
  • Administering a regulated mortgage contract
  • Advising on regulated mortgage contracts
  • Dealing in investments as principal
  • Entering into a regulated mortgage contract as lender
  • Entering into regulated credit agreement as Lender (Excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)
  • Exercising/having right to exercise lender's rights and duties under a regulated credit agreement (excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)

FCA disciplinary action

FCA action

fine
1
in fines
£294k
most recent
August 2012
  • Fined £294,000 on 2 August 2012
    The Financial Services Authority (the 'FSA') has imposed a financial penalty of £294,000 on Turkish Bank (UK) Ltd. The FSA's action took effect on 26 July 2012 and a copy of the Decision Notice, which sets out the reason for the action, is displayed on the FSA's web site and can be accessed using the following link: http://www.fsa.gov.uk/static/pubs/final/turkish-bank.pdf The reason for this action is that the firm breached the Money Laundering Regulations by failing to establish and maintain appropriate and risk-sensitive AML policies and procedures for its correspondent banking relationships. As a result the firm failed to carry out adequate due diligence on and ongoing monitoring of the respondent banks it dealt with and failing to reconsider these relationships when this was not possible.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company number
02643004
Company status
Active
Company type
Private limited company
Incorporated
4 September 1991 (35 years old)
Registered office
Matches the FCA register address ✓
Nature of business
  • Banks (SIC 64191)

Directors and company secretaries

Name Role Born Appointed Other companies
Ibrahim Hakan Bortecene Director Jan 1958 21 Feb 1995 None
Murat Arig Director Jul 1960 18 Apr 2013 None
Gregory David Gould Director May 1969 1 Jan 2025 5 other companies
Jonathan David Moore Director Jul 1973 2 May 2025 1 other company
Alexander Ewan Stirling Director Sep 1964 6 Nov 2025 None
Brian Francis Monaghan Director Apr 1968 29 Jan 2026 4 other companies
Richard John Doe Director Oct 1963 8 Apr 2026 9 other companies
Kurt Bortecene Director Jul 1992 8 Apr 2026 None
Paul Richard Hunt Secretary Not published 6 Jun 2025 –

Other companies run by these 8 directors

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other companies
19
closed down
1
are FCA-registered
6

In the full report: all 19 companies, named

  • What each company does, and whether it is still trading
  • Which of these 8 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 6 on the FCA register
  • All 41 people who have ever been directors, with their dates
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Key dates in its history

Turkish Bank (UK)’s history from the FCA register and Companies House, newest first.

Key events (8) All events (84)

2016

6 April 2016

  • Turk Bankasi Limited took control (75–100% of shares)

Companies House

2013

1 April 2013

  • Regulated by the FCA from this date
  • Regulated by the Prudential Regulation Authority from this date

FCA register

2012

2 August 2012

  • Fined £294,000 by the FCA

FCA register

2001

1 December 2001

  • Regulated by the Financial Services Authority from this date
  • Became authorised by the FCA

FCA register

1998

1 June 1998

  • Regulated by the Financial Services Authority from this date

FCA register

1991

4 September 1991

  • Incorporated at Companies House

Companies House

In the full report: all 84 events

  • All 84 events in its history (8 shown here)
  • Every director appointment and resignation: 72
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Firms connected to Turkish Bank (UK)

Other FCA-listed firms that share a director, phone number or address with Turkish Bank (UK). A link shows who the firm is tied to, not whether either can be trusted.

connected firms
3
share a director
3
past links
3

In the full report: all 3 connected firms, named

  • How each is linked: shared directors (3)
  • Who links each one: the named directors, with dates
  • 3 past links through former directors
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Firms like Turkish Bank (UK)

Other firms of the same type (bank or building society), nearest first.

In London

Wells Fargo Bank, National AssociationLondonAuthorisedCredit Suisse (UK) LimitedLondonAuthorisedUBS AGLondonAuthorisedDB UK Bank LimitedLondonAuthorisedDeutsche Bank AGLondonAuthorisedJ.P. Morgan Securities PLCLondonAuthorised

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on Turkish Bank (UK)

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • 19 other companies its directors have run, named
  • 3 background checks on its contact details
  • All 84 events in its history
  • 3 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Turkish Bank (UK) Limited FCA authorised?
Yes, Turkish Bank (UK) Limited (FRN 204566) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since December 2001 and works as a bank or building society. The FCA has placed no limits on its permissions.
What is Turkish Bank (UK)’s phone number and website?
The FCA register lists the phone number 020 7403 5656 and the website turkishbank.co.uk for Turkish Bank (UK). If you were given different contact details, use these to check with the firm before going any further.
Is Turkish Bank (UK) a scam or clone?
Turkish Bank (UK) is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.
Is my money safe with Turkish Bank (UK)?
It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Turkish Bank (UK) to the Financial Ombudsman Service, free of charge.
Who owns Turkish Bank (UK)?
Turkish Bank (UK) is owned by Turk Bankasi Limited, which holds 75–100% of shares, since 6 April 2016.
Who runs Turkish Bank (UK)?
Companies House lists 8 directors of Turkish Bank (UK): Ibrahim Hakan Bortecene, Murat Arig, Gregory David Gould, Jonathan David Moore, Alexander Ewan Stirling, Brian Francis Monaghan and 2 more.
How long has Turkish Bank (UK) been in business?
The company was formed on 4 September 1991, and has held its current FCA authorisation since December 2001.
Has the FCA taken action against Turkish Bank (UK)?
Yes. The FCA register records 1 fine in 2012, £294,000 in total. The details are in the disciplinary section above, with links to the FCA's notices.

Sources and links

The full report on Turkish Bank (UK) Limited

£19.99 · Instant PDF download

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