The First Credit Machine in the World

The First Credit Machine in the World

11 Ara 2003

Turkish Credit Machine invention received technology award from The Banker magazine and has become the model example for the worldwide banking sector.

Akbank ranks as Turkey's largest private sector bank in 2006 with regard to profitability and market value as of year-end 2005.

 

In addition to its core banking activities, Akbank also offers a wide range of retail, commercial, corporate, private banking and international trade finance services. Non-banking financial, capital market and investment services are provided by the Bank's subsidiaries. With its use of the latest advances in technology and its staff of experienced bankers, Akbank continues to focus on providing the highest quality services to a diverse group of private and corporate clientele.

 

About 31.6% of Akbank shares are publicly traded and listed on the Istanbul Stock Exchange (ISE). Abroad, the Bank's Level 1 ADRs are traded on the London IOB and the OTC market in the US. As of December 31, 2006, Akbank's market value stood at US$ 13,460 million, making it the corporation with the highest market value on the ISE. Citibank is also a shareholder of Akbank.

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