Edition:
United Kingdom

Akbank TAS (AKBNK.IS)

AKBNK.IS on Istanbul Stock Exchange

7.15TRY
18 Oct 2018
Change (% chg)

-0.04TL (-0.56%)
Prev Close
7.19TL
Open
7.23TL
Day's High
7.25TL
Day's Low
7.00TL
Volume
39,125,848
Avg. Vol
49,051,474
52-wk High
11.20TL
52-wk Low
5.34TL

Latest Key Developments (Source: Significant Developments)

Akbank To Issue Mortgage Covered Bonds Without Public Offering Up To 1.00 Bln Euros Outside Turkey
Friday, 12 Oct 2018 

Oct 12 (Reuters) - Akbank TAS ::TO ISSUE MORE THAN ONE MORTGAGE COVERED BOND WITHOUT PUBLIC OFFERING UP TO 1.00 BILLION EUROS WIHTIN 1 YEAR PERIOD.  Full Article

Senkron Guvenlik Signs Agreement Worth $132,981 And 214,605 Lira With Akbank
Monday, 18 Jun 2018 

June 18 (Reuters) - SENKRON GUVENLIK ::SIGNS AGREEMENT WORTH $132,981 AND 214,605 LIRA WITH AKBANK <<>> REGARDING NEW ATM EQUIPMENT.TO SUPPLY ALARM SYSTEMS FOR AKBANK'S ATM MACHINES ALL AROUND TURKEY FROM JUNE 2018.  Full Article

Akbank Q1 Net Profit Rises To 1.71 Billion Lira
Wednesday, 25 Apr 2018 

April 25 (Reuters) - AKBANK TAS ::Q1 NET FEE AND COMMISSION INCOME 742.7 MILLION LIRA VERSUS 632.2 MILLION LIRA YEAR AGO.Q1 NET INTEREST INCOME OF 3.10 BILLION LIRA VERSUS 2.39 BILLION LIRA YEAR AGO.Q1 NET PROFIT OF 1.71 BILLION LIRA VERSUS 1.40 BILLION LIRA YEAR AGO.NON PERFORMING LOANS END OF MARCH 4.05 BILLION LIRA .  Full Article

Akbank Secures $795 Mln Through Its Diversified Payment Rights Securitization Program
Tuesday, 27 Mar 2018 

March 27 (Reuters) - AKBANK ::SECURES $795 MILLION THROUGH ITS DIVERSIFIED PAYMENT RIGHTS SECURITIZATION PROGRAM IN 5 SEPARATE TRANCHES.  Full Article

Akbank Secures Multi-currency Syndicated Loan Worth Equivalent To $1.2 Bln From International Markets
Tuesday, 27 Mar 2018 

March 27 (Reuters) - AKBANK ::SECURES SYNDICATED LOAN WORTH $1.2 BILLION FROM INTERNATIONAL MARKETS.USD EQUIVALENT OF 950 MILLION OF SYNDICATED LOAN – HAS A ONE YEAR TENOR, WHEREAS 2 YEAR TENOR IS USD 250 MILLION.ALL-IN COST FOR ONE YEAR TRANCHES ARE LIBOR + 1.30 PERCENT AND EURIBOR + 1.20 PERCENT.ALL-IN COST FOR 2 YEAR TRANCHE IS LIBOR + 2.10 PERCENT.  Full Article

Akbank To Set Up Company Titled AkOde With 12.0 Mln Lira Initial Capital‍​
Friday, 19 Jan 2018 

Jan 19 (Reuters) - AKBANK ::TO SET UP 100 PERCENT OWNED COMPANY TITLED AKODE WITH 12.0 MILLION LIRA INITIAL CAPITAL‍​.FIELD OF ACTIVITY OF NEW COMPANY TO BE DIGITAL CASH AND PAYMENT SERVICES.  Full Article

Akbank Sells NPL Portfolio Worth 774.0 Mln Lira For 36.0 Mln Lira
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - AKBANK ::SELLS NPL PORTFOLIO OF 774.0 MILLION LIRA FOR 36.0 MILLION LIRA TO GUVEN VARLIK, EFES VARLIK AND HAYAT VARLIK.  Full Article

Akbank Targets And Forecasts For 2018
Monday, 8 Jan 2018 

Jan 8 (Reuters) - AKBANK ::SEES NET FEES AND COMMISSION GROWTH AT ABOUT 15 PERCENT AND NPL AT ABOUT 2.1 PERCENT IN 2018.SEES ROA AT ABOUT 1.8 PERCENT AND ROE AT ABOUT 15.5 - 16 PERCENT IN FY 2018.  Full Article

Akbank decides to make investments worth of total $250.0 mln in Gebze
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - AKBANK ::DECIDES TO MAKE INVESTMENTS WORTH OF TOTAL USD 250.0 MILLION IN GEBZE.CONSTRUCTION OF BANKING FACILITIES TO BE COMPLETED WITHIN 2019.  Full Article

Akbank Q3 net profit up at 1.50 billion lira
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - AKBANK TAS ::Q3 NET PROFIT OF 1.50 BILLION LIRA VERSUS 1.10 BILLION LIRA YEAR AGO.Q3 NET INTEREST INCOME OF 2.49 BILLION LIRA VERSUS 2.08 BILLION LIRA YEAR AGO.NON-PERFORMING LOANS END-SEPT 4.14 BILLION LIRA VERSUS 4.27 BILLION LIRA AT END-DEC. 2016.Q3 NET FEE AND COMMISSION INCOME 688.8 MILLION LIRA VERSUS 575.8 MILLION LIRA YEAR AGO.  Full Article

UPDATE 2-Turkish economic confidence suffers biggest slump in decade, carmaker suspending production

* Akbank secures syndicated loan, pricing jumps (Adds economist comment, Akbank, lira, background)