Kurumsal Finans ve Strateji Rehberi | Finance & Strategy Insights

Hayat Finans Participation Bank emerged in 2023 as one of the newest players in Türkiye’s digital banking landscape. Built entirely on a branchless banking model, Hayat Finans serves its customers exclusively through its mobile application. In doing so, it distinguishes itself from traditional participation banks by holding the title of the first fully digital participation bank.

https://hayatfinans.com.tr/

Establishment and Capital Structure

Founded in 2023 under the umbrella of Hayat Holding, the bank officially began operations after obtaining its license from the Banking Regulation and Supervision Agency (BDDK). With approximately TRY 1.5 billion in paid-in capital, Hayat Finans operates on a fully domestic capital structure.

Hayat Holding is widely recognized for its strong brands in fast-moving consumer goods, chemicals, and cleaning products. Its robust financial background not only strengthened the bank’s foundation but also underscored a long-term investment vision in the financial sector.

Digital Banking Model

Hayat Finans operates under the Digital Banking Regulation issued by the BDDK in 2021, which stipulates that digital banks can only provide services via digital channels without opening physical branches.

Within this framework, the bank offers:

• Branchless banking: All transactions are carried out via the mobile app.
• Fee-free banking: No account maintenance fees, EFT, or transfer charges.
• Participation banking principles: Products based on profit-and-loss sharing instead of interest.

Products and Services

According to verifiable sources, Hayat Finans provides the following key services:

• Participation Accounts: Investments managed through profit-and-loss sharing.
• Interest-Free Financing Products: Financing solutions offered without interest.
• Investment Services: Accounts available in TL and foreign currencies, with access to investment funds.
• Fee-Free Transactions: Free EFT and money transfers.

Why It Matters

Hayat Finans stands out as one of the first examples of digital banking combined with participation banking principles in Türkiye. By operating without branches, the bank aims to lower operational costs and pass on the advantages to its customers.

Conclusion

Hayat Finans Participation Bank represents an important milestone in Türkiye’s digital transformation in the financial sector. Backed by Hayat Holding’s strong capital base and a BDDK license, the bank delivers interest-free financial solutions exclusively through digital channels, setting itself apart in the industry.

As digital transformation accelerates in banking, the market will be closely watching how Hayat Finans develops its customer experience and product portfolio in the coming years.

https://hayatfinans.com.tr/