Akbank T.A.S. is one of the largest banks in Turkey in terms of loan volume. Bank offers a wide range of corporate, SME, consumer and private banking services as well as foreign trade financing. The Bank's core business activities include retail banking, commercial banking, corporate banking, private banking, foreign exchange, money markets, securities transactions (treasury transactions) and international banking services.
On January 9, 2007, Citigroup and Akbank have successfully completed the strategic partnership agreement according to which Citigroup acquired a 20% equity stake in Akbank for approximately US$3.1 billion.
HQ: Istanbul, Turkey
Founded: 1948
ID: 1282. Updated: 21.10.2020
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