Albaraka Türk Katilim Bankasi A.S.

Detailed Description

Albaraka Türk Katilim Bankasi A.S. provides various banking products and services. It offers profitable, current, foreign currency, gold participation, housing, marriage, participation, Hajj/Umrah, and bill payment accounts; housing, vehicle, house rent, timesharing, timeshare vacation, holiday tour, Hajj and Umrah, dental health, education, dormitory service, wedding organization, natural gas conversion, land, and workplace, and Sukuk guaranteed financing products; and credit, business, and bank cards. The company also provides private pension products; personal accident, education, vehicle, critical illness, health, travel health, agriculture, fire, yacht and boat, green card, natural disaster, traffic, employer liability, electronic device, construction all risk, leasing all risk, machine breakdown, installment, commercial receivables, fire, shipping, cash and assets, highway transportation liability, and compulsory highway passenger transportation individual liability insurance products; bill payment, money transfer, safe deposit box; and finance leasing services. In addition, it offers cash credits, such as corporate finance support, export and project financing, dealer financing, credit guarantee funds, and credit invoice; non cash credits, including letters of guarantee and credit, acceptance credit, and reference letters; and cash management services that comprise direct debiting, fuel management, and supplier payment systems, cheques and promissory notes, POS and member merchant services, and accounting integration. Further, the company provides foreign trade transaction services; and Internet, mobile, phone, and ATM banking services. As of December 31, 2020, it operated through 228 local branches and 2 foreign branches in Turkey. The company was incorporated in 1984 and is headquartered in àœmraniye, Turkey.