Akbank
Banking · Turkey · 10K+ Employees
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Overview
Headquarters
4.levent Sabanci Center, Istanbul, Istan...Phone Number
+90 2123855555Website
www.akbank.comRevenue
$5.3 BillionStock Symbol
AKBNKIndustry
ZI Rank: 5
Signal Type
Feb
Mar
Apr
May
Jun
Jul
ZI Rank
3
5
5
5
4
5
About Akbank
Headquartered in Istanbul, Turkey and founded in 1948, Akbank is a Turkish bank. The company's services include corporate, investment, commercial, private and international banking services.Explore more
Akbank Org Chart
YÖ
Executive VP, Corporate & Investment Banking
EÇ
Executive Vice President, Consumer Banking
DK
Executive VP, Private Banking & Wealth Manage...
SM
Executive VP, Treasury
AB
Executive Vice President - SME Banking, Akban...
BC
Executive VP, Retail Credits Analytic & Under...
TA
Fraud
RC
Internal Controller
PA
Reporting Analyst
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Revenue
Number of Employees
Type
Funding
Founded In
$30.7M
1K - 5K
Private
-
1998
TP
Teresa ParkerExecutive Vice President & Chief Operating Officer & Cashier
Company Profile Activity
Activity Insights
Akbank is experiencing very low activity levels compared to other companies in the Finance sector.
What does this means?
Akbank is drawing exceptional interest within the Finance industry, suggesting notable developments or strong market momentum, learn more about Akbank.
Akbank Tech Stack
A closer look at the technologies used by Akbank
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Most Recent Scoops
Earnings
Akbank has reported a net cost of credit of 220 basis points for H1 of the current fiscal year, excluding currency impact, broadly in line with full-year guidance, with the NPL ratio remaining stable at approximately 3.5%.
Earnings, Accounting, Financial Reporting, Finance
Earnings
Akbank has reported a 130-basis-point year-to-date reduction in its NPL market share among private banks, with Stage 2 plus Stage 3 loans contained at 11.5% of gross loans, total provisions reaching nearly TRY 85 billion, gross coverage at 3.8%, and Stage 2 plus Stage 3 coverage at 28.1%.
Accounting, Financial Reporting, Finance
Earnings
Akbank has reaffirmed its full-year fee income growth guidance of above 30%, following 35% year-on-year fee income growth in H1 of the current fiscal year, supported by a diversified fee income base and broad product offerings.
Earnings, Finance
Earnings
Akbank has reported net income of TRY 34 billion 333 million for H1 of the current fiscal year, representing a 38% increase year-on-year, with revenues rising 45% year-on-year to TRY 140 billion 320 million, driven by a 95% year-on-year expansion in net interest income. The results reflect a return on equity of 22.2% and a return on assets of 1.9% for the period.
Earnings, Accounting, Financial Reporting, Finance
Earnings
Earnings, Finance, Financial Operations
Akbank News & Media
Akbank's Innovative Project Call: PoChallenge is Set to Kick Off!
Akbank's innovation center Akbank LAB is launching Akbank PoChallenge in collaboration with APIX, inviting both local and global companies to collaborate on groundbreaking projects with the bank. Open for applications from October 1-31, the PoChallenge aims to expand Akbank's proof-of-concept (PoC) portfolio by welcoming new partnerships and innovative solutions. Fintechs, startups, and tech companies that believe in the power of technology to create value are encouraged to apply. SINGAPORE, OctSocial Transformation via Learning | ATD
With the vision of preparing employees for the future, AKBANK’s training and development function is a strategic business partner of business units.Head-To-Head Review: UMB Financial (NASDAQ:UMBF) vs. Akbank T.A.S. (OTCMKTS:AKBTY)
UMB Financial (NASDAQ:UMBF – Get Rating) and Akbank T.A.S. (OTCMKTS:AKBTY – Get Rating) are both finance companies, but which is the better business? We will compare the two businesses based on the strength of their profitability, dividends, institutional ownership, earnings, valuation, risk and analyst recommendations. Volatility & Risk UMB Financial has a beta of 0.84, […]
Read more news
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Headquartered in Istanbul, Turkey and founded in 1948, Akbank is a Turkish bank. The company's services include corporate, investment, commercial, private and international banking services.... Read More
