akbank t.a.s. (AKB1) Details

Akbank T.A.Ş., together with its subsidiaries, provides consumer, commercial, SME, corporate, and private banking services. The company also offers foreign exchange, foreign trade financing, treasury transaction, capital markets, investment, and non-banking financial services. Its Retail Banking segment offers deposit accounts, consumer 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 services. The company’s Corporate and SME banking segment provides financial solutions and banking services, including Turkish Lira (TL) and foreign currency denominated working capital loans; financing for investments; foreign trade financing; derivative instruments for hedging foreign currency and interest risk; letters of credit; foreign currency trading; and project finance loans, as well as corporate finance, deposit and cash management, and working capital management services to large, medium, and small size corporate and commercial customers. Its Treasury Activities segment conducts TL and FC spot and forward, treasury bonds, government bonds, Eurobond, and private sector bond transactions, as well as engages in derivative trading, and marketing and pricing of treasury products. The company’s Private Banking segment provides banking and investment transactions services for the upper-income groups. Its International Banking segment offers services for foreign trade financing, foreign currency and TL clearances, and money transfers through agent financial institutions. The company operates through a network of 961 branches and 23 regional directorates; and approximately 4,026 ATMs and 300,000 POS terminals in Turkey. Akbank T.A.Ş. was founded in 1948 and is headquartered in Istanbul, Turkey.

akbank t.a.s. (AKB1) Top Compensated Officers