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Akbank TAS (AKBNK.IS)

AKBNK.IS on Istanbul Stock Exchange

6.94TRY
23 Jun 2019
Change (% chg)

0.22TL (+3.27%)
Prev Close
6.72TL
Open
6.99TL
Day's High
7.00TL
Day's Low
6.81TL
Volume
66,957,678
Avg. Vol
53,257,971
52-wk High
7.31TL
52-wk Low
4.58TL

Latest Key Developments (Source: Significant Developments)

Akbank Q1 Net Profit Decreases To 1.41 Billion Lira YoY
Friday, 26 Apr 2019 

April 29 (Reuters) - AKBANK ::REPORTED ON FRIDAY Q1 NET PROFIT OF 1.41 BILLION LIRA VS 1.71 BILLION LIRA YEAR AGO .Q1 NET INTEREST INCOME OF 3.37 BILLION LIRA VS 3.10 BILLION LIRA YEAR AGO .Q1 NET FEE AND COMMISSION INCOME OF 1.13 BILLION LIRA VS 742.7 MILLION LIRA YEAR AGO .  Full Article

Akbank Decides To Issue Debt Instruments Worth Up To 20.00 Bln Lira With Max. Maturity Of 5 Yrs To Qualified Domestic Investors
Thursday, 28 Mar 2019 

March 28 (Reuters) - Akbank TAS ::DECIDES TO ISSUE DEBT INSTRUMENTS WORTH UP TO 20.00 BILLION LIRA WITH MAXIMUM MATURITY OF 5 YEARS.  Full Article

Akbank Secures Multi-Currency Dual Tranche Syndicated Term Loan Equivalent To $700 Million
Wednesday, 27 Mar 2019 

March 27 (Reuters) - AKBANK TAS ::SECURES MULTI-CURRENCY DUAL TRANCHE SYNDICATED TERM LOAN FACILITY FROM INTERNATIONAL MARKETS EQUIVALENT TO $700 MILLION, COMPRISED OF $356 MILLION AND EUR 303 MILLION.SECURES MULTI-CURRENCY DUAL TRANCHE SYNDICATED TERM LOAN FACILITY WITH 367 DAYS MATURITY.ALL-IN COST FOR THE TRANCHES ARE LIBOR+2,50% P.A. AND EURIBOR+2,40% P.A. RESPECTIVELY.  Full Article

Akbank's Guidance For 2019
Tuesday, 8 Jan 2019 

Jan 8 (Reuters) - AKBANK TAS ::SEES LOAN GROWTH AT C. 10 PERCENT IN 2019.SEES DEPOSIT GROWTH AT C. 10 PERCENT IN 2019.SEES NET INTEREST MARGIN (SWAP ADJUSTED) TO BE ABOVE 3.5 PERCENT IN 2019.SEES NET FEES AND COMMISSION GROWTH TO BE ABOVE 20 PERCENT IN 2019.EXPECTS NON-PERFORMING LOAN RATIO TO BE LESS THAN 6 PERCENT IN 2019.SEES ROA TO BE ABOVE OR EQUAL TO 1.4 PERCENT AND ROE AT ABOVE OR EQUAL TO 12 PERCENT IN 2019.  Full Article

Akbank Establishes A New Business Unit Called Special Credits
Friday, 4 Jan 2019 

Jan 4 (Reuters) - AKBANK TAS ::ESTABLISHES A NEW BUSINESS UNIT CALLED SPECIAL CREDITS.  Full Article

Akbank Authorizes To Issue Debt Instruments Worth Up To $2.00 Bln Lira To Foreign Investors
Tuesday, 6 Nov 2018 

Nov 6 (Reuters) - AKBANK TAS ::AUTHORIZES HEAD OFFICE TO ISSUE DEBT INSTRUMENTS WORTH UP TO $2.00 BILLION LIRA TO FOREIGN INVESTORS.  Full Article

Akbank Decides To Issue Debt Instruments Worth Up To 20 Bln Lira To Qualified Investors
Wednesday, 4 Apr 2018 

April 4 (Reuters) - AKBANK ::DECIDES TO ISSUE DEBT INSTRUMENTS WORTH UP TO 20.00 BILLION LIRA TO QUALIFIED INVESTORS.TO ISSUE BONDS UP TO 5 YEARS TRANCHE.  Full Article

Akbank To Increase Share Capital Of Unit Ak Yatirim To 80 Mln Lira From 30 Mln Lira
Friday, 30 Mar 2018 

March 30 (Reuters) - Akbank ::DECIDES TO INCREASE SHARE CAPITAL OF 100 PCT OWNED UNIT AK YATIRIM TO 80.0 MILLION LIRA FROM 30.0 MILLION LIRA THROUGH RIGHTS ISSUES‍​.  Full Article

Akbank To Issue Dollar-denominated Debt Instruments Worth $400.0 Mln
Wednesday, 21 Feb 2018 

Feb 21 (Reuters) - AKBANK ::TO ISSUE DEBT INSTRUMENTS WORTH $400.0 MILLION.SUBORDINATED NOTES COUPON RATE SET AT 6.79 PERCENT WITH CALL OPTION ON APRIL 27, 2023 AND DUE APRIL 27, 2028.ISSUANCE TO BE COMPLETED ON FEBRUARY 27, 2018.  Full Article

Akbank To Set Up Company Akode Elektronik With Initial Capital Of 12.0 Mln Lira
Tuesday, 20 Feb 2018 

Feb 20 (Reuters) - AKBANK ::TO ESTABLISH 100 PERCENT OWNED COMPANY AKODE ELEKTRONIK WITH INITIAL CAPITAL OF 12.0 MILLION LIRA.  Full Article

Turkey to extend new $4.3 billion loan package to companies

ISTANBUL Twelve Turkish banks will offer companies a total of 25 billion lira ($4.31 billion) as part of a Treasury-backed loan package, the banking association (TBB) said on Wednesday, in what would be Ankara's latest effort to boost the economy.