AKBANK T.A.Ş.

Business Focus

universal banking

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.

Bank Category

Private Commercial Banks

Services

retail banking
corporate banking
SME banking
private banking
foreign currency exchange
money markets and securities trading
international banking

Products

current accounts
credit cards
savings accounts
time deposit accounts
consumer loans
mortgage loans

Ways to Bank

AKBANK T.A.Ş. delivers its products and services through both direct and indirect channels, namely:
branch
online banking

Common Shares

Listed Entity
AKBANK T.A.Ş.
Stock Exchange
Borsa IstanbulBorsa Istanbul (XIST)
Ticker
AKBNK

See Also

Financials

Total Assets of AKBANK T.A.Ş.
Net_income of AKBANK T.A.Ş.
Market Share of AKBANK T.A.Ş.
Total Assets (2019)
360.50 bln TRL  (+10.03%)
Net Income (2018)
5,689.64 mln TRL  (-5.79%)

AKBANK T.A.Ş. is the 7th largest bank in Turkey in terms of total assets. In 2019 its total assets were 360,50 bln TRL, providing the bank with the market share of 8.58%. In 2018 the bank's net income was 5 689,64 mln TRL.

Credit Ratings

Fitch: B+
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: B1
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

AKBANK T.A.Ş. is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is B+ (highly speculative). Long-term credit rating assigned to the bank by Moody's is B1 (highly speculative).

Deposit Guarantee

Guarantee Fund
Savings Deposit Insurance Fund (SDIF)Savings Deposit Insurance Fund (SDIF)
Protected Amount
up to 100,000 TRL
Eligible Depositors
natural persons (Turkish and foreign)
Covered Accounts
private current accounts
participation accounts
precious metals accounts

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.

Contacts

SABANCI CENTER 34330 4. LEVENT/ İSTANBUL, Turkey
(212) 385 55 55
(212) 269 73 83

Social Networks

AKBANK T.A.Ş. has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
AKBKTRIS
Bank Sort Code
0046
LEI
789000TUMN63Z28TJ497

Bank Supervision

Supervised By
Central Bank of the Republic of Turkey
Reference Number
90418

AKBANK T.A.Ş. is authorized and supervised by the Central Bank of the Republic of Turkey (reference number 90418).

Similar Banks

ANADOLUBANK A.Ş. Logo ANADOLUBANK A.Ş.
universal banking
FİBABANKA A.Ş. Logo FİBABANKA A.Ş.
retail and business banking
ŞEKERBANK T.A.Ş. Logo ŞEKERBANK T.A.Ş.
retail and business banking
TURKISH BANK A.Ş. Logo TURKISH BANK A.Ş.
universal banking

See Also

Related Articles