İktisatbank
Corporate brand
Unclaimedİktisatbank is a leading bank in Northern Cyprus, established in 1990, offering private and corporate banking services.
Last updated September 1, 2026
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Overview
İktisatbank, established in 1990, is a leading bank in Northern Cyprus, offering private and corporate banking services with branches across the country. It has pioneered various products and services, including the first credit card in Northern Cyprus and the first internet banking facility.
History
İktisatbank was established in 1990. In 2002, it introduced the Lemar Advantage Card and telephone banking services. In 2003, it introduced its Credit Card, the first credit card in Northern Cyprus, and launched a network of ATMs across the country. In 2004, it was the first to launch an internet banking facility. In 2006, it launched the first call center with banking transaction in Northern Cyprus and 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.
Products and positioning
Leading bank in Northern Cyprus, pioneering in introducing new products and services.
Lemar Advantage Card
Introduced in 2002.
Credit Card
First credit card in Northern Cyprus, introduced in 2003.
Internet Banking
First internet banking facility launched in 2004.
Call Center
First call center with banking transaction in Northern Cyprus, launched in 2006.
Sources3 sources
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