Akbank was founded in 1984 as a privately-owner bank providing financing to local cotton growers. In 1990 Akbank shares began trading on international markets. Nowadays Akbank’s provides products and services in consumer banking, commercial banking, SME banking, corporate banking, private banking, foreign currency exchange, money markets and securities trading, and international banking services.
AKBANK T.A.Ş. is the 7th largest bank in Turkey in terms of total assets. In 2018 its total assets were 327,64 bln TRL, providing the bank with the market share of 8.96%. In 2018 the bank's net income was 5 689,64 mln TRL.
AKBANK T.A.Ş. is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is BB+ (speculative). Long-term credit rating assigned to the bank by Moody's is Ba3 (non-investment grade speculative).
AKBANK T.A.Ş. participates in the deposit guarantee scheme of Turkey. This deposit guarantee scheme applies to private current accounts, participation accounts, precious metals accounts made by natural persons (Turkish and foreign) and covers up to up to 100,000 TRL per bank per depositor. AKBANK T.A.Ş. is a member of Savings Deposit Insurance Fund (SDIF) and makes its contributions into it.
AKBANK T.A.Ş. is authorized and supervised by the Central Bank of the Republic of Turkey (reference number 90418).