Akbank TAS

Overview

Akbank TAS (Akbank) is a commercial bank that offers consumer banking, commercial and SME banking, corporate and private banking, foreign exchange, foreign trade, and treasury services. Its portfolio of banking products and services comprises deposits, loans, financing, leasing, foreign exchange services, private and investment banking, international services, and ex-pat banking. Through its subsidiaries, it also offers non-banking financial services, capital markets, asset management, insurance, and investment solutions. The bank caters to its customers through various distribution channels such as traditional bank branches, digital banking, telephone banking, ATMs, point-of-sale terminals, other technologies, and oriented channels. It has a presence in Germany, Turkey, and Malta. Akbank is headquartered in Istanbul, Turkey.
Key Stats
Address
Akbank T.A.S., ISTANBUL, Turkey
Headquarters

Turkey

Contact

90 212 3855555

Website
www.akbank.com
No of Employees

12,718

Industry

Financial Services

Ticker Symbol & Exchange​

AKBNK [IBSE]

Revenue (2020)

$6,518 m

-17.9% (2020 vs 2019)
Net Income (2020)

$893 m

-5.3% (2020 vs 2019)
Net Profit Margin

14 %

15.3% (2020 vs 2019)
Market Cap *

$3,543 m

EPS *

$0.2

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Akbank TASTurkiye IS Bankasi ASTurkiye Vakiflar Bankasi Turk Anonim OrtakligTurkiye Garanti Bankası Anonim Sirketi
Key Information
Headquarters Turkey Turkey Turkey Turkey
Headquarter City ISTANBUL ANKARA ISTANBUL ISTANBUL
Headquarter State/Province - - - -
No. of Employees 12,718 23,111 16,673 22,249
Entity Type Public Public Public Public

Products & Services

Akbank is a provider of banking products and related financial services. Key products and services offered by the bank include the followings:

Products
  • Accounts:
  • Savings Deposits
  • Current Deposits
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
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  • Vitae Eget Libero
  • Vitae Eget Libero
Services
  • Retirement Solutions
  • Overdraft Facility
  • Automatic Bill Payments
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
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Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Turker Tunali Chief Financial Officer; Executive Vice President Senior Management 2017 - Mr.Turker Tunali has been the Chief Financial Officer and Executive Vice President of the bank since October 2017. He also...
Hakan Binbasgil Chief Executive Officer; Director Executive Board 2012 - Mr. Hakan Binbasgil has been the Chief Executive Officer and a Director of the bank since 2012. Prior to this,...
Suzan Sabanci Dincer Chairwoman Executive Board 2008 - Mrs. Suzan Sabanci Dincer has been the Chairwoman of Akbank T.A.S. since March 2008. Prior to this, she served in...
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History

Year Event Description
2021 New Products/Services In June, the bank has introduced green trade finance.
2020 Contracts/Agreements In November, the bank has collaborated with IdeaSoft to provide e-commerce service to its SME…
2020 New Products/Services In May, the bank became the first financial entity in Turkey to issue a Eurobond…
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Locations


Akbank AG

Address

Taunustor 2, Frankfurt am Main
Germany

Telephone

49 69 29717100

Website

www.akbank.de/akbank-ag-in-brief.aspx
Ak Asset Management

Address

Sabanci Center Akbank Hazine Binasi, Kat:1 34330 4.Levent
Turkey

Telephone

90 212 385 27 00

Akbank Dubai Limited

Address

Dubai International Financial Centre, Gate Village 06, Level 03, PO Box 506828
United Arab Emirates

Telephone

971 4 4486466

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
02 Mar 2020 Binance Holdings May Partners with Akbank Partnership Akbank TAS; Binance Holdings Ltd
01 Mar 2020 Akbank Raises USD136.44 Million in Offering of Shares Equity Offering Akbank TAS
19 Sep 2019 Garanti BBVA, Is Bank and Akbank to Sell Levent Yapilandirma Yonetimi Acquisition Levent Yapilandirma Yonetimi
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