Akbank TAS - Company Profile
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Akbank TAS (Akbank) is a financial institution engaged in consumer banking, SME banking, commercial banking, corporate-investment banking, private banking, and wealth management. The bank’s main activities include foreign exchange, money markets, securities transactions, and international banking services. Akbank offers a range of products and services such as deposit accounts, loans, credit cards, insurance products, asset management services, and investment banking. The bank serves a diverse clientele, including high-income individuals, corporate, commercial, and SME customers, providing tailored financial solutions across various sectors. Akbank operates through an extensive branch network and collaborates with subsidiaries. The bank's operations are primarily focused on Türkiye, with a global correspondent banking network spanning various countries. Akbank is headquartered in Istanbul, Turkiye.
Headquarters
Turkey
Address
Sabanci Center 4.Levent, Istanbul, Istanbul-I (Thrace), 34330
Website
www.akbank.com
Telephone
90 212 3855555
No of Employees
12,591
Industry
Financial Services
Ticker Symbol & Exchange
AKBNK.E (IST)
Revenue (2024)
$20.8B
27.9%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
35.1%
(2024 vs 2023)
Market Cap*
$7.2B
Net Profit Margin (2024)
XYZ
5.6%
(2024 vs 2023)
* As of and is in US$
Akbank TAS premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Accounts: | Expat Banking | Akbank |
| Savings Deposits | Retirement Solutions | |
| Current Deposits | Automatic Bill Payments | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | New Products/Services | In June, the bank reopened the covered bond market in Turkiye and issued residential mortgage-backed bond to European Bank for Reconstruction and Development. |
| 2024 | Financing Agreements | In December, the bank offered US$100 million in financing for Enerjisa Enerji Uretim's 750MW wind power plant. |
| 2024 | New Products/Services | In September, the bank launched a new e-document Android POS device to optimize business costs. |
Competitor Comparison
| Key Parameters | Akbank TAS | Turkiye Vakiflar Bankasi Turk Anonim Ortaklig | Turkiye IS Bankasi AS | Turkiye Garanti Bankası Anonim Sirketi | Turkiye Halk Bankasi AS |
|---|---|---|---|---|---|
| Headquarters | Turkey | Turkey | Turkey | Turkey | Turkey |
| City | Istanbul | Istanbul | Istanbul | Istanbul | Istanbul |
| State/Province | Istanbul-I (Thrace) | Istanbul-I (Thrace) | - | - | Istanbul-I (Thrace) |
| No. of Employees | 12,591 | 19,040 | 20,719 | 23,288 | 21,520 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Kaan Gur | Director; Chief Executive Officer | Executive Board | 2023 | - |
| Ahmet Fuat Ayla | Director; Director - Credits | Executive Board | 2017 | - |
| Turker Tunali | Chief Financial Officer | Senior Management | 2017 | - |
| Hakan Binbasgil | Vice Chairman | Non Executive Board | 2023 | - |
| Suzan Sabanci Dincer | Chairwoman | Non Executive Board | 2008 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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