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Akbank T.A.S(AKB2)

Description: Akbank T.A.S., together with its subsidiaries, provides various banking products and services in Turkey and internationally. It operates through Consumer Banking and Private Banking; Commercial Banking, Corporate Banking, and SME Banking; and Treasury, Other, and Unallovated segments. The company's consumer banking services comprise deposit accounts, retail loans, commercial installment loans, credit cards, insurance products, and asset management services, as well as bank cards, investment funds trading, automatic payment, foreign currency trading, safe deposit box rental, cheques, money transfer, investment banking, and telephone and internet banking. It also offers services to large, medium, and small size corporate and commercial customers that 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, and deposit and cash management services, as well as project finance loans; and working capital management, delivering cash management services based on customers' requests, such as collection and payment services, and liquidity and information management. In addition, the company engages in treasury activities consisting of TL and foreign currency spot and forward transactions, treasury and government bonds, Eurobonds, and private sector bond transactions, as well as derivative trading activities; and marketing and pricing activities related to treasury products. Further, it provides financial leasing services, investment and pension funds management, and portfolio management, as well as offers payment services and issues electronic money. Akbank T.A.S. was incorporated in 1948 and is headquartered in Istanbul, Turkey.


Keywords: Bank Insurance Products Banking Products Investment Banking Asset Management Services Cash Management Services Online Banking Portfolio Management Commercial Bank Payment Services Internet Banking Capital Management Financial Leasing Services Bank Cards Consumer Banking Services Bank Of Bahrain And Kuwait Retail Loans Sabancı Family Project Finance Loans Akbank Offers Payment Services

Home Page: www.akbank.com

Sabanci Center
Istanbul, 34330
Turkey
Phone: 90 212 385 55 55


Officers

Name Title
Mr. Cenk Kaan Gur CEO, Member of International Advisory Board & Director
Mr. Sabri Hakan Binbasgil Executive Vice Chairman & Member of International Advisory Board
Mr. Erol Sabanci Honorary Chairman & Consultant
Mr. Turker Tunali C.F.A. Executive Vice President of Financial Management
Mr. Levent Celebioglu Executive Vice President of Corporate & Investment Banking
Gokhan Gokcay Executive Vice President of Technology
Mr. Kamile Necat Ebru Güvenir Head of Investor Relations & Sustainability Department
Mr. Berna Avdan General Counsel
Mr. Beril Alakoc Head of Brand & Communication
Ms. Pinar Anapa Executive Vice President of People & Culture

Exchange: F

Country: DE : Germany

Currency: Euro (€)

GIC Sector: Financials
GIC Group: Banks
GIC Industry: Banks
GIC Sub-Industry: Regional Banks
Forward PE: 7.6336
Trailing PE: 6.32
Price-to-Book MRQ: 1.3095
Price-to-Sales TTM: 0.0648
IPO Date:
Fiscal Year End: December
Full Time Employees: 13450
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