ALTERNATİFBANK A.Ş.

 (4.0; 1 ratings)
4.0 1

Business Focus

universal banking

Established in 1991, Alternatif Bank (ABank) provides a wide range of retail, corporate and investment banking products and services to private individuals and companies.

Bank Category

Foreign Commercial Banks Established in Turkey

Ways to Bank

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

Financials

Total Assets of ALTERNATİFBANK A.Ş.
Net_income of ALTERNATİFBANK A.Ş.
Market Share of ALTERNATİFBANK A.Ş.
Total Assets (2019)
28,944.78 mln TRL  (+19.12%)
Net Income (2018)
194.93 mln TRL  (+195.52%)

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.

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: Ba3
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

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).

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

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.

Contacts

CUMHURİYET CADDESİ NO:46 ŞİŞLİ/İSTANBUL, Turkey
(212) 315 65 00
(212) 225 76 15
http://www.abank.com.tr

Bank Identifiers

BIC (SWIFT)
ALFBTRIS
Bank Sort Code
0124
LEI
789000RBJFEHLXLHAY60

Bank Supervision

Supervised By
Central Bank of the Republic of Turkey
Reference Number
280445-0

ALTERNATİFBANK A.Ş. is authorized and supervised by the Central Bank of the Republic of Turkey (reference number 280445-0).

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