Providing qualified and reliable banking services to the Turkish Cypriot community since its establishment, TürkBankası holds the distinction of being the first private bank in the Turkish Republic of Northern Cyprus. The bank began its operations in 1901 under the name Lefkoşa İslam İddihar Sandığı (Nicosia Savings Box).
Between 1974 and 1983, TürkBankası opened branches in the United Kingdom and Turkey. In 1991, these branches were transformed into two independent banks: TurkishBank in Turkey and TurkishBank UK in the United Kingdom.