Akbank TAŞ

Type: Company
Name: Akbank TAŞ (Akbank T.A.S)
Nationality: Turkey
Web Address: http://www.akbank.com/
Fact Sheet: Fact Sheet for Akbank T.A.S.
First reported May 17 2013 - Updated May 17 2013 - 1 reports

Moody’s Upgrade Lifts Turkish Banks to New High: Istanbul Mover

Banks pushed Turkish stocks higher a day after Moody’s Investors Service raised the country to investment grade and the central bank cut interest rates to a record low.The 16-member banking index climbed 0.8 percent to 198,791.52 points at 4:14 p.m. in ... [Published BusinessWeek - May 17 2013]
First reported May 17 2013 - Updated May 17 2013 - 1 reports

Sabancı enjoys Q1 profit boom, Koç profits decline

Two of Turkey's largest conglomerates, Sabancı Holding and Koç Holding, announced their companies' performance for the first quarter, with the former enjoying a drastic profit increase and the latter suffering losses.Sabancı Holding revealed on Thursday ... [Published Zaman - May 17 2013]
First reported May 16 2013 - Updated May 16 2013 - 1 reports

Turkish banks: The lure of the Bosphorus

BIG boys usually get their way, particularly in banking. But earlier this year the Industrial & Commercial Bank of China, the world’s biggest bank, was outsmarted when it tried to gain a foothold in the Turkish market by buying Alternatifbank. Before ... [Published The Economist - May 16 2013]
First reported May 16 2013 - Updated May 16 2013 - 1 reports

Turkey's Sabanci sees net profit nearly doubles in first quarter

Turkey's Sabanci Holdingposted a 92 percent jump in its net profit to 570.7million lira ($313 million) in the first quarter, its balancesheet showed on Thursday.Sales at Sabanci, one of Turkey's biggest conglomerates, rose 12 percent to 1.83 billion lira, ... [Published Reuters - May 16 2013]
First reported May 13 2013 - Updated May 13 2013 - 1 reports

Istanbul Documentary Days to be held in June

ISTANBUL - Hürriyet Daily NewsThe sixth Documentarist Istanbul Documentary Days will feature a record number of films when it kicks off on June 1, continuing until June 6.More than 110 Turkish films have been submitted to the festival, while 25 films, ... [Published Turkish Daily - May 13 2013]
First reported May 13 2013 - Updated May 13 2013 - 1 reports

Akbank TAS in Financial Cards and Payments (Turkey) - New Market Study Published

(live-PR.com) - Akbank TAS aims to improve its market share by following the latest trends and technologies and offering consumers the most appropriate services catered to their needs. The company is trying to increase its customer base with credit and ... [Published Live-PR.com - May 13 2013]
First reported May 13 2013 - Updated May 13 2013 - 1 reports

Sir Winfried Bischoff Profile: Lloyds Chairman To Retire

Lloyds Banking Group Chairman . The announcement comes only a few days ahead of Lloyds Banking Group 2013 annual shareholders' meeting on Thursday.IBTimes UK decided to take a closer look at one of the banking world's most esteemed veterans.Name:Sir Winfried ... [Published International Business Times UK - May 13 2013]
First reported May 13 2013 - Updated May 13 2013 - 1 reports

Glass producer Sisecam crowned top exporter

Glass producer Sisecam crowned ‘top exporter’Glass producer Sisecam has received its award for being Turkey’s “Top Exporter of the Year 2012,” at a ceremony organized daily Dünya and DHL Express, sponsored by Akbank and Vodafone.Deputy Prime Minister ... [Published Glass on Web - May 13 2013]
First reported Apr 24 2013 - Updated Apr 24 2013 - 1 reports

Turkish trio borrow big

There has been a spate of large trade transactions in Turkey over Q1 of 2013.The largest is the US$1.74bn refinancing deal Turkish bank Akbank secured in March, which is to be used for trade purposes. The mandated lead arrangers (MLAs) were Bank of America ... [Published Global Trade Review - Apr 24 2013]
First reported Apr 24 2013 - Updated Apr 24 2013 - 1 reports

Akbank posts net profit of TL 873 million in the first quarter of 2013

The FINANCIAL -- Akbank’s support to the Turkish economy via its cash and noncash loans topped TL 117 billion with an around 26% increase in 1Q 2013 compared to the same period of 2012.Akbank CEO Hakan Binbaşgil, noted that Akbank posted a gross profit ... [Published Finchannel.com - Apr 24 2013]
First reported Apr 24 2013 - Updated Apr 24 2013 - 1 reports

Akbank, Halkbank boost Q1 net profits

/TODAY'S ZAMAN, İSTANBULTurkish state-owned Halkbank and private lender Akbank have released their first quarter performance results, with the two enjoying a rise in net profits.Akbank earned TL 868 million ($480 million) in net profit between January ... [Published Zaman - Apr 24 2013]
First reported Apr 18 2013 - Updated Apr 18 2013 - 1 reports

Akbank noses in front of Garanti in Turkish race

Turkey’s Akbank could pip Garanti Bank to the post and issue the first euro denominated Turkish covered bond backed by residential mortgage assets. The issuer has been on the road pre-marketing a benchmark sized deal. With a higher rating than many Western ... [Published The Cover - Apr 18 2013]

Quotes

"The Moody s upgrade will help capital inflows shift to long-term from short-term, while helping to make the low interest rate environment sustainable" Muge Dagistan, an analyst at FinansInvest in Istanbul, said in a phone interview today. "Both are positive for banks...
...As the EBRD's country strategy for mentions: "Recent reforms in the energy sector - especially to promote private sector participation, energy savings and renewables - as well as in the areas of competition law, labour market efficiency, improvements in the business environment and promotion of regional trade reinforce the prospects for sustainable growth and development." Nonetheless, the stuttering competitiveness of renewable energy and energy efficiency measures, as a result of high subsidies for coal powerpower plants...
...time," Tunc Obuter, the head of trading at Garanti Investment, a unit of Turkey’s largest bank by market value, said by e-mail today from Istanbul. "First is the expectation of the upgrade, and then we have the PKK withdrawal."
"Turkish banks assess the risks of our projects and proposed funding at a rate of 4 percent," he said. "If the ratio between their proposals and our income expectations are beneficial to us, then we will use their services."

More Content

All (37) | News (30) | Reports (1) | Blogs (0) | Audio/Video (0) | Fact Sheets (6) | Press Releases (0)
sort by: Date | Relevance
Sabancı enjoys Q1 profit boom, Koç profits decline [Published Zaman - May 17 2013]
Moody’s Upgrade Lifts Turkish Banks to New High... [Published BusinessWeek - May 17 2013]
Turkish banks: The lure of the Bosphorus [Published The Economist - May 16 2013]
Turkey's Sabanci sees net profit nearly doubles... [Published Reuters - May 16 2013]
Turkland Bank adopts Infosys core banking tools [Published Banking Technology - May 15 2013]
Istanbul Documentary Days to be held in June [Published Turkish Daily - May 13 2013]
Akbank TAS in Financial Cards and Payments (Tur... [Published Live-PR.com - May 13 2013]
Sir Winfried Bischoff Profile: Lloyds Chairman ... [Published International Business Times UK - May 13 2013]
Glass producer Sisecam crowned top exporter [Published Glass on Web - May 13 2013]
Is the rest of Europe funding Turkey's huge coa... [Published Balkans.com - May 10 2013]
DEAL ANALYSIS: Gebze-Izmir [Published Project Finance Magazine - May 09 2013]
Turkish Banks Lead Stock Index to Record on Bet... [Published BusinessWeek - May 08 2013]
Vice president: Turkish banks ready to finance ... [Published Individual.com - May 03 2013]
Scicluna says Le Monde’s hack job of Natixis re... [Published MaltaToday - May 03 2013]
Citigroup: Can Citi's Comeback Continue? [Published Seeking Alpha - Apr 30 2013]
The second International Jazz Day celebrated in... [Published Focus on Travel News - Apr 30 2013]
Prince Alwaleed Receives Letter From Turkish Pr... [Published Zawya.com - Apr 29 2013]
Alwaleed receives invitation letter from Turkis... [Published Saudi Fransi Capital - Apr 29 2013]
Turkish trio borrow big [Published Global Trade Review - Apr 24 2013]
Akbank posts net profit of TL 873 million in th... [Published Finchannel.com - Apr 24 2013]
Akbank, Halkbank boost Q1 net profits [Published Zaman - Apr 24 2013]
Dance with Panda van Proosdij [Published Turkish Daily - Apr 22 2013]
New artists announced for the International Jaz... [Published Focus on Travel News - Apr 21 2013]
Taiwanese Whispers [Published Telecoms.com - Apr 19 2013]
140 thousand festivalgoers attended Istanbul Fi... [Published Focus on Travel News - Apr 18 2013]
Akbank noses in front of Garanti in Turkish race [Published The Cover - Apr 18 2013]
Mobile money to transform Turkish transport and... [Published Telecoms.com - Apr 17 2013]
32nd Istanbul Film Festival Concludes [Published Focus on Travel News - Apr 15 2013]
32nd Istanbul International Film Festival ends [Published World Bulletin - Apr 15 2013]
Russia Inspires Akbank Pitching Lira Debt to US... [Published Bloomberg via Google News - Jan 30 2013]
1 2
In Focus
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Content Volume
Document Volume
Network
Network
Contact Us
Sales
Support


Freebase CC-BY Some image thumbnails are sourced from Freebase, licensed under CC-BY

Copyright (C) 2013 Silobreaker Ltd. All rights reserved.
The selection and placement of stories and images on any Silobreaker page are determined automatically by a computer program.
The time or date displayed reflects when an article was added to or updated in Silobreaker.