Akbank T.A.S. (AKBTY)
Company Description
Akbank T.A.S., together with its subsidiaries, provides various banking products and services in Turkey and internationally.
It operates through: Retail Banking; Commercial Banking, SME Banking, Corporate-Investment and Private Banking; and Treasury segments.
The company's retail banking services comprise deposit accounts, retail loans, commercial installment loans, credit cards, insurance products, and asset management services, as well as bank cards, investment funds trading, automatic payment, foreign currency trading, safe deposit box rental, cheques, money transfer, investment banking, and telephone and internet banking.
It also offers services to large, medium, and small size corporate and commercial customers that include Turkish Lira (TL) and foreign currency denominated working capital loans financing for investments, foreign trade financing, derivative instruments for hedging purposes of foreign currency and interest risk, letters of credit, foreign currency trading, corporate finance, and deposit and cash management services, as well as project finance loans; and timely and permanent solutions for corporate customers' working capital management, delivering cash management services based on customers' requests that include collection and payment services and liquidity and information management.
In addition, the company engages in treasury activities consisting of TL and foreign currency spot and forward transactions, treasury and government bonds, Eurobonds, and private sector bond transactions, as well as derivative trading activities; and marketing and pricing activities related treasury products.
Further, it provides financial leasing services, stock exchange brokerage services, and portfolio management, as well as offers payment services and issues electronic money.
As of December 31, 2021, the company operated 710 branches.
Akbank T.A.S. was founded in 1948 and is headquartered in Istanbul, Turkey.

Country | TR |
IPO Date | May 31, 2006 |
Industry | Banks - Regional |
Sector | Financial Services |
Employees | 13,478 |
CEO | Cenk Kaan Gur |
Contact Details
Address: Sabanci Center Istanbul, TR | |
Website | https://www.akbank.com |
Stock Details
Ticker Symbol | AKBTY |
Exchange | PNK |
Fiscal Year | January - December |
Reporting Currency | USD |
CIK Code | n/a |
CUSIP Number | 009719501 |
ISIN Number | US0097195012 |
Employer ID | - |
SIC Code | n/a |
Key Executives
Name | Position |
---|---|
Cenk Kaan Gur | Chief Executive Officer, Member of International Advisory Board & Director |
Beril Alakoc | Head of Brand & Communication |
Berna Avdan | General Counsel |
Erol Sabanci | Honorary Chairman & Consultant |
Gokhan Gokcay | Executive Vice President of Technology |
Kamile Necat Ebru Güvenir | Head of Investor Relations & Sustainability Department |
Levent Celebioglu | Executive Vice President of Corporate & Investment Banking |
Pinar Anapa | Executive Vice President of People & Culture |
Sabri Hakan Binbasgil | Executive Vice Chairman & Member of International Advisory Board |
Turker Tunali C.F.A. | Executive Vice President of Financial Management |