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Akbank T.A.S. (Turkey)

Main Activities: Commercial Banking
Full name: Akbank Turk Anonim Sirketi Profile Updated: July 27, 2021
Buy our report for this company USD 29.95 Most recent financial data: 2020 Available in: English Download a sample report

Akbank was established in Adana in January 1948 originally to provide funding to local cotton producers. Today it is one of the biggest banks in Turkey, with total assets of 94 billion US dollars. Akbank conducts overseas operations through its subsidiaries in Germany (Akbank AG), the Netherlands (Akbank NV) and Dubai (Akbank Dubai Limited) as well as a branch in Malta. In addition to its core banking activities, Akbank offers a wide range of consumer, commercial and SME, corporate and private banking services as well as foreign trade financing. Akbank was three times ranked as "Turkey's Most Valuable Bank Brand" in the "World's Top 500 Bank Brands" survey prepared by Brand Finance.

Headquarters
Sabanci Center 4.Levent
Istanbul; Marmara; Postal Code: 34330

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Website: http://www.akbank.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Ratings:
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Incorporation Date:
January 30, 1948
Key Executives
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Chairman of the Management Board
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Vice Chairman of the Board of Directors
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
Ownership Details
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40.7%
Subsidiaries
AK Portfoy Yonetimi A.S.
100%
AK Yatirim Menkul Degerler A.S.
100%
Akbank AG
100%
Company Performance
Financial values in the chart are available after Akbank T.A.S. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency TRY. Absolute financial data is included in the purchased report.
Net interest income
-6.88%
Net fee and commission income
24.19%
Operating profit (EBIT)
45.05%
Net Profit (Loss) for the Period
43.29%
Total assets
21.22%
Total equity
17.03%
Total Assets Trend
3.16%
Net Interest Income Trend
N/A
Cost to Income Ratio
-10.66%
Loans to Deposits Ratio
-7.46%
Loans to Asset Ratio
-1.95%

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