How is the Turkish banking system characterized in relation to European banks?

The Turkish banking system is characterized by having a substantial portion of its banking assets and operations that are part-owned by Eurozone banks. This reflects the integration of the Turkish economy with European financial systems, allowing for cross-border investments and partnerships. The involvement of Eurozone banks signifies a level of foreign investment and collaboration that can enhance capital flows, risk-sharing, and overall financial stability within Turkey's banking environment.

This relationship also indicates an openness to foreign investment which can provide Turkish banks with access to more extensive resources and expertise, vital for growth and modernization. The presence of Eurozone banks in Turkey supports economic and financial ties, illustrating the interconnectedness of Turkish and European markets.

The other choices do not accurately reflect the situation. While there may be some Turkish investors in the banking system, it is not fully owned by them. The system is also not independent of external investments, as it is positively influenced by foreign stakeholders. Additionally, the Turkish banking system is indeed existent and operational in Europe through various branches and subsidiaries, further highlighting the interconnected nature of banking and finance across borders.