About Akbank T.A.S.

Akbank T.A.S. provides various banking products and services. The company's core business activities consist of consumer banking, SME banking, commercial banking, corporate-investment banking and private banking and wealth management, foreign exchange, money markets, securities transactions (treasury transactions) and international banking services. In addition to regular banking operations, the company provides insurance intermediary services as an agency of Aksigorta A.S. and AgeSA Hayat ve Emeklilik A.S. via its branch network. The company has branches dispersed throughout the country and internationally. The company performs financial leasing transactions through Ak Finansal Kiralama A.S. The company operates consumer banking, SME banking, commercial banking, and corporate-investment and private banking and wealth network providing services to customers in accordance with its organizational structure. Consumer banking offers a variety of retail services, such as deposit accounts, retail loans, commercial installment loans, credit cards, insurance products and asset management services. The consumer banking products and services also include bank cards, investment funds trading, automatic payment services, foreign currency trading, safe deposit box rentals, cheques, money transfers, investment banking, telephone and internet banking. The company's corporate banking, commercial banking and SME banking, provide financial solutions and banking services to large, medium and small size corporate and commercial customers. The products and services offered to corporate and commercial customers include Turkish Lira (TL) and foreign currency denominated working capital loans financing for investments, foreign trade financing, derivative instruments for hedging purposes of foreign currency and interest risk, letters of credit, foreign currency trading, corporate finance services and deposit and cash management services. In addition, the company provides timely and permanent solutions for corporate customers' working capital management, delivers cash management services tailored based on customers' requests that include collection and payment services and liquidity and information management. Project finance loans are provided within the context of investment banking activities. In the scope of private banking, the company serves the members of the high-income customers who have expectations for upper-class service quality both in banking and investment transactions. Within the scope of international banking activities, activities are also being carried out in order to provide long-term funding, to provide funding under a price reflecting the country's risk, to diversify funding resources and to form an international investor base on this area. The Treasury Unit conducts TL and FC spot and forward transactions, treasury bonds, government bonds, Eurobond and private sector bond transactions and also derivative trading activities within determined limits. These transactions are performed according to the company's requirements. In addition to marketing and pricing activities for the branch network of Treasury products and customers, foreign trade financing, foreign exchange and TL 'clearing' services are carried out for customers. History Akbank T.A.S. was founded in 1948. The company was incorporated in 1948.

Country
Industry:
Commercial banks
Founded:
1948
IPO Date:
12/07/1990
ISIN Number:
I_TRAAKBNK91N6
Address:
Sabanci Center, 4.Levent, Istanbul 34330, Turkey
Phone Number
90 212 385 55 55

Key Executives

CEO:
Gur, Cenk
CFO
Tunali, Turker
COO:
Data Unavailable