Company

Akbank T.A.S.

Headquarters: Istanbul, Türkiye

Employees: 12,606

CEO: Mr. Sabri Hakan Binbasgil

BIST: AKBNK +5.36%

Market Cap

₺188.76 Billion

TRY as of Jan. 1, 2024

US$6.41 Billion

Market Cap History

Akbank T.A.S. market capitalization over time

Evolution of Akbank T.A.S. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Akbank T.A.S.

Detailed 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.

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Stocks & Indices

Akbank T.A.S. has the following listings and related stock indices.


Stock: BIST: AKBNK wb_incandescent

Stock: OTC: AKBTY wb_incandescent

Details

Headquarters:

Sabanci Center

4.Levent

Istanbul, 34330

Türkiye

Phone: 90 212 385 55 55

Fax: 90 212 319 52 52