Last modified: 2016-01-31 by ivan sache
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![[TMO flag]](../images/t/tr~hftmo.gif)
House flag of the Turkish Maritime Organization - Image by Randy Young, 9 December 2014
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Denizcilik Bankası T.A.O. (the Turkish Maritime Bank) was established in 1938. It was a state-owned bank established primarily to fund the nation's emerging maritime industry. The bank operated shipping lines such as Denizyolları, the Turkish Maritime Lines. Throughout the 20th century these lines ran passenger services to destinations
in Turkey, Greece, Italy, Egypt, as well as other destinations in
Europe. Turkey's merchant marine industry blossomed from the 1970s
to the 1990s, and many of these cargo ships were owned by Denizcilik Bankası. In 1992, the Turkish government made a decision to
consolidate many of their state-run banks and Denizcilik Bankası was
merged with a bank called Emlakbank. Subsequent privatizations and
mergers followed, and as of 2006 the bank is now owned by the French-
Belgian entity Dexia. Some of the shipping and passenger lines that
were operated by Denizcilik Bankası are still operating, including
Turkish Maritime Lines (website), which remains the country's main car and
passenger ferry line.
[National Maritime Museum]
Ivan Sache, 10 December 2014
The house flag of the Turkish Maritime Organization (photo) is a white rectangular flag with two crossed foul anchors in red, a crescent and star above (the Turkish national emblem).
The flag can be seen on the company's boats and in front of the corporate buildings.
Onur Özgün & Jarig Bakker, 12 August 2004
The Maritime Timetable Images website shows a similar pennant of the company as well as a flag with the emblem shifted towards the hoist. In tourist guide books you see the occasional photo with the the emblem in the flag's centre.
Jan Mertens, 6 September 2004
