CompaniesFinancialServices

Akbank.. One of Turkey’s leading private banks

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akbankAkbank is among Turkey’s most valuable brands. It is Turkey’s most valuable company with a US$ 24.3 billion of market value.

Its consolidated assets are worth USD 71.8 billion. It has 912 branches and approximately 15,000 employees.

With a 62 year history, Akbank is known as one of the leading financial institutions in Turkey as well as Europe. It is a listed company and bank at Istanbul Stock Exchange (IMKB) with the highest market value. Its market value is USD 24.3 billion.

Akbank is listed on Istanbul Stock Exchange with a free float rate of 28.63 percent and its level 1 depository receipts are traded in the OTC market in the US.

It aims to be one of the most valuable banks not only in Turkey but also in the region.

The company continues its operations abroad with AKBANK NV in the Netherlands, AKBANK AG in Germany, AKBANK Dubai limited in Dubai and its branches in Malta.

Euromoney has chosen Akbank as “the best in private banking” among all banks in Turkey. Global Finance selected the bank as “the best foreign trade finance services bank” in 2010. It has also been named by EMEA Finance as “the best credit provider bank” and the best bank for privatization credits among Europe, Middle East and Africa regions (EMEA).

Finally  Global Finance has selected Akbank “Turkey’s Best Bank” in “best banks in emerging markets of central and Eastern Europe 2010”.

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Compiled by Editor, BTT

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