Akbank
 |
|
| Anonim şirket | |
| Traded as | BİST: AKBNK |
| Industry | Banking, Financial services |
| Founded | 30 January 1948 |
| Headquarters | Istanbul, Turkey |
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Area served
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Worldwide |
|
Key people
|
Suzan Sabancı Dinçer (Chairman) Hakan Binbaşgil (CEO) |
| Products | Financial Services, credit cards, consumer banking, corporate banking, investment banking, mortgage loans, private banking |
| Revenue |
  16.9 billion (2016)
|
 9.5 billion (2016)
|
|
|
3.7 billion (2016)
|
|
| Total assets |
277.363 billion (2016)
|
| Total equity |
31.6 billion (2016
|
|
Number of employees
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14,000 |
| Subsidiaries |
List
|
| Website | www |
Akbank is one of the largest banks in Turkey. Founded in 1948, it had revenues of nearly TL10bn in 2011. Listed on the Borsa Istanbul, its largest shareholders are members of the Sabancı family.
Akbank has ranked as "The Most Valuable Banking Brand in Turkey" according to the "Brand Finance - Banking 500, 2017" report for the sixth time in a row. Akbank also achieved a significant success by ranking as the 127th most valuable banking brand in the report that comprises the most valuable global banking brands.
Akbank was founded in Adana, Turkey on January 1948, originally to provide financing for the cotton producers in the Çukurova region. As the majority of the bank founders were born in the city of Kayseri, the name "Adana-Kayseri Bankası" was chosen, soon to be shortened to its initials AK or Akbank. The founders were Hacı Ömer Sabancı, the industrialist brothers Ahmet Sapmaz and Bekir Sapmaz and the four owners of the Adana textile business Milli Mensucat; Nuh Naci Yazgan, Nuri Has, Mustafa Özgür and Seyit Tekin. This group had an 80% shareholding with the remaining 20% offered to investors in Adana and Istanbul. Opening with a single branch in a corner of Adana Akbank grew and developed quickly, opening its first branch in Istanbul in the district of Sirkeci on July 14, 1950, and moving its headquarters to Istanbul in 1954. The original founders ran the bank until 1962 when it was taken over by Sabancı family. Rapidly increasing the number of its branches, Akbank automated all banking operations in 1963.
In 1993, Akbank founded the Akbank Sanat art centre in Beyoğlu, İstanbul.
Akbank established Ak Securities in 1996, Ak Investment Fund in 1998, Ak Asset Management Company and its Private Banking Department in 2000. Akbank established Ak Pension Fund in 2003 and incorporated Ak Leasing in 2005. In February 2006, Ak Pension Fund was sold to the Aksigorta insurance company.
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Wikipedia