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Brief history carbon dating

Akbank was voted as the “Bank of the Year in Turkey” by The Banker, winning the sector’s most important international award.

Akbank also registered major accomplishments for the Turkish banking industry by being deemed the “Best Bank in Turkey” by Global Finance and the “Best Bank in Central and Eastern Europe” by Euromoney.

Akbank’s non-performing loan ratio of 2.3%, attained thanks to the Bank’s effective risk management policies, is significantly below the sector average of 3.2%.

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Floated to the public in 1990, Akbank shares began trading on international markets and as an American Depository Receipt (ADR) after its secondary public offering in 1998.In addition to launching a significant number of new services in Turkey, including the “Big Red House” mortgage loanonly branches and the i Pad Banking Branch, Akbank has also broken new ground globally.The Bank is the originator of such pioneering products and services as the Loan Machine and Mobile Loan innovations, which allow customers to obtain loans without having to visit a bank branch.A digital banking pioneer in Turkey, Akbank gathered all its in this burgeoning area under the Akbank Direkt umbrella.This will allow the Bank to meet the financial solution needs of its customers, provide services in the most convenient manner possible and deliver an excellent client experience.Akbank was founded as a privately-owned commercial bank in Adana on January 30, 1948.Established originally with the core objective of providing funding to local cotton growers, the Bank opened its first branch in the Sirkeci district of Istanbul on July 14, 1950.Akbank’s core business is banking activities, consisting of corporate investment and private banking, commercial banking, SME banking, consumer banking, payment systems and treasury transactions, and international banking services.In addition to traditional banking activities, the Bank also carries out insurance agency operations through its branches on behalf of Ak Insurance and Aviva SA Pensions and Life Insurance.The Bank’s other subsidiaries, Ak Investment, AKAsset Management and Aklease, provide non-banking financial services alongside capital markets and investment services.Equipped with state-of-theart IT systems and a staff of experienced professionals, Akbank provides top quality services to an extensive portfolio of consumer and corporate banking customers.

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