1 ▁due ▁to ▁financial ▁problems . ▁ ▁History ▁Following ▁the ▁ İ z mir ▁Econom ic ▁Congress ▁in ▁ 1 9 2 3 , ▁a ▁number ▁of ▁small ▁local ▁banks ▁were ▁founded ▁in ▁Turkey . ▁One ▁of ▁these ▁was ▁, ▁a ▁local ▁bank ▁founded ▁in ▁Den iz li ▁in ▁ 1 9 2 7 . ▁In ▁ 1 9 7 1 , ▁it ▁was ▁reconst it uted ▁as ▁a ▁depos it ▁bank ▁operating ▁nation wide . ▁In ▁ 1 9 8 0 , ▁the ▁bank ▁was ▁renamed ▁to ▁, ▁and ▁ ▁its ▁head qu arter ▁was ▁moved ▁to ▁ İ stan bul . ▁ ▁As ▁one ▁of ▁the ▁two ▁banks ▁affected ▁by ▁the ▁financial ▁cr ises ▁took ▁place ▁in ▁Turkey ▁during ▁February ▁ 2 0 0 1 , ▁ İ kt isat ▁B anks a ı ▁went ▁under ▁the ▁control ▁of ▁the ▁Bank ing ▁Reg ulation ▁and ▁Super vision ▁Agency ▁ ▁( , ▁B DD K ) ▁because ▁of ▁depos it ▁out flow s . ▁At ▁that ▁im e , ▁the ▁bank ▁ranked ▁at ▁ 2 0 th ▁place ▁in ▁Turkey ▁in ▁terms ▁of ▁assets . ▁It ▁had ▁ 6 2 ▁branches ▁and ▁ 1 , 3 3 9 ▁employees . ▁The ▁bank ▁was ▁transferred ▁on ▁March ▁ 1 5 , ▁ 2 0 0 1 ▁to ▁the ▁Sav ings ▁De pos it ▁In sur ance ▁Fund ▁of ▁Turkey ▁( , ▁T MS F ). ▁The ▁T MS F ▁twice ▁offered ▁the ▁bank ▁for ▁sale , ▁however , ▁it ▁received ▁no ▁demand .