Headline: Banks Experience a Decline in Branches and Workforce

As of September 2024, the number of employees in deposit banks, as well as development and investment banks, was 188,564. The number of employees decreased by 1,028 compared to the previous quarter and by 688 compared to the same period last year. According to the report by the Banks Association of Turkey, the number of employees in deposit banks decreased by 1,043 compared to the same period last year, while it increased by 355 in development and investment banks. In the banking sector, the proportion of female employees was 51.1%, whereas male employees constituted 48.9%.

By September 2024, 79% of employees had graduated from higher education institutions, and 9% had completed master's and doctoral programs. This rate for secondary education was 11%. The age distribution in the banking sector showed that 44% of employees were between 36-45 years old, and 38% were between 26-35 years old.

-Branch Numbers-

In September 2024, the number of branches in deposit banks, as well as development and investment banks, was 9,459. The number of branches decreased by 157 compared to both the previous quarter and the same quarter of the previous year. The report stated, "The development of alternative distribution channels outside branches, the increasing demand for mobile and digital banking services, and the procurement of certain services from support service institutions affect the number of branches and employees."

As of September 2024, the number of employees per 100,000 people was 221, while the number of branches per 100,000 people was determined to be 11.