Description: Akbank T.A.S., together with its subsidiaries, provides various banking products and services in Turkey and internationally. It operates through: Retail Banking; Commercial Banking, SME Banking, Corporate-Investment and Private Banking; and Treasury segments. The company's retail 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 timely and permanent solutions for corporate customers' working capital management, delivering cash management services based on customers' requests that include 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 treasury products. Further, it provides financial leasing services, stock exchange brokerage services, and portfolio management, as well as offers payment services and issues electronic money. As of December 31, 2021, the company operated 710 branches. Akbank T.A.S. was founded in 1948 and is headquartered in Istanbul, Turkey.
Home Page: www.akbank.com
Sabanci Center
Istanbul,
34330
Turkey
Phone:
90 212 385 55 55
Officers
| Name | Title |
|---|---|
| Mr. Sabri Hakan Binbasgil | CEO, GM, Director & Member of International Advisory Board |
| Mr. Eyup Engin | Exec. Vice Chairman, MD & Member of International Advisory Board |
| Mr. Erol Sabanci | Honorary Chairman & Consultant |
| Mr. Turker Tunali C.F.A. | Assistant GM of Financial Management & Investor Relations Department Mang. |
| Mr. N. Ilker Altintas Ph.D. | Assistant Gen. Mang. of Technology & Operations |
| Mr. Levent Celebioglu | Exec. VP of Corp. & Investment Banking |
| Mr. Kamile Necat Ebru Güvenir | Head of Investor Relations & Sustainability Department |
| Mr. Berna Avdan | Gen. Counsel |
| Mr. Beril Alakoc | Head of Brand & Communication |
| Ms. Pinar Anapa | Deputy Gen. Mang. of People & Culture |
Exchange: IS
Country: TR
Currency: Turkish lira (₺)
| GIC Sector: | Financials |
|---|---|
| GIC Group: | Banks |
| GIC Industry: | Banks |
| GIC Sub-Industry: | Diversified Banks |
| Forward PE: | 2.4492 |
|---|---|
| Trailing PE: | 2.0254 |
| Price-to-Book MRQ: | 0.8752 |
| Price-to-Sales TTM: | 1.1515 |
| IPO Date: | 1998-04-09 |
| Fiscal Year End: | December |
| Full Time Employees: | 12988 |