About Us


Established in 1990 and with branches across the country, Iktisatbank leads the way in both private and corporate banking.

Over the past 20 years, Iktisatbank has pioneered the introduction of a number of products and services that other banks did not offer.

In 2002, we introduced the Lemar Advantage Card, together with telephone banking services.In 2003, we introduced our SmartCard, the first credit card in Northern Cyprus, and also launched a network of ATM's across the country.In 2004, Iktisatbank was the first to launch an Internet banking facility.

In 2006, we launched the first ever banking call center in Northern Cyprus. In that year, in response to the growing number of foreign residents on the island, Iktisatbank opened an English-speaking Department at its Kyrenia branch.In 2012, the department became the Multicultural Banking Department and the service was extended to all branches in Kyrenia and Famagusta. In June of that year, a Russian-speaking representative joined the team to cater for the growing needs of other foreign nationalities.

About Us