Established in 1991, Alternatif Bank (ABank) provides a wide range of retail, corporate and investment banking products and services to private individuals and companies.
ALTERNATİFBANK A.Ş. is the 18th largest bank in Turkey in terms of total assets. In 2019 its total assets were 28 944,78 mln TRL, providing the bank with the market share of 0.69%. In 2018 the bank's net income was 194,93 mln TRL.
ALTERNATİFBANK 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 Ba3 (non-investment grade speculative).
ALTERNATİFBANK 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. ALTERNATİFBANK A.Ş. is a member of Savings Deposit Insurance Fund (SDIF) and makes its contributions into it.
ALTERNATİFBANK A.Ş. is authorized and supervised by the Central Bank of the Republic of Turkey (reference number 280445-0).