In Turkey passing to free market economy in 1980s and liberalism’s reflection on financial sector accelerated the entry of foreign banks into the banking sector. While the number of foreign banks were 4 in 1980s, it caught 23, which is the top level, in 1990 and due to during 2000 and 2001 crises, number of foreign banks decrease, but in our country high profit potential of the banking sector caused the continuing interest of foreigners. The positive atmosphere the program Passing to Powerful Economy created transferred the interest of foreign banks into our country again and the number of foreign banks showed upturn increase in 2006. That the entry of foreign capital into the banking sector will lead to important positive and negative effects for both domestic banks and also for the country economy created discussions. In this study the causes of foreign banks in preferring our country and what the positive and negative effects the entry of foreign capital into the banking sector created can be were tried to evaluate in economic viewpoint
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