Akbank T.A.S. (IST: AKBNK)
Turkey flag Turkey · Delayed Price · Currency is TRY
63.55
+0.45 (0.71%)
Sep 27, 2024, 6:09 PM GMT+3

Akbank T.A.S. Company 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.

Akbank T.A.S.
Akbank T.A.S. logo
Country Turkey
Founded 1948
Industry Banks - Regional
Sector Financials
Employees 13,451
CEO Cenk Gur

Contact Details

Address:
Sabanci Center
Istanbul, 34330
Turkey
Phone 90 212 385 55 55
Website akbank.com

Stock Details

Ticker Symbol AKBNK
Exchange Istanbul Stock Exchange
Fiscal Year January - December
Reporting Currency TRY
ISIN Number TRAAKBNK91N6
SIC Code 6020

Key Executives

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