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Albaraka Turk Katilim Bankasi AS (ALBRK.IS)

ALBRK.IS on Istanbul Stock Exchange

1.22TRY
18 Jul 2019
Change (% chg)

0.01TL (+0.83%)
Prev Close
1.21TL
Open
1.23TL
Day's High
1.24TL
Day's Low
1.21TL
Volume
7,952,870
Avg. Vol
14,296,104
52-wk High
2.21TL
52-wk Low
1.05TL

Latest Key Developments (Source: Significant Developments)

Marti Otel Agrees With Albaraka Turk Bank For Debt Restructuring Of $3.8 Mln
Monday, 24 Jun 2019 

June 24 (Reuters) - MARTI OTEL ::AGREES WITH ALBARAKA TURK BANK FOR DEBT RESTRUCTURING OF $3.8 MILLION AND EXTENDING DEBT MATURITY TO JUNE 2023.  Full Article

Albaraka Turk Q1 Net Profit Drops To 27.1 Million Lira
Thursday, 9 May 2019 

May 10 (Reuters) - ALBARAKA TURK KATILIM BANKASI ::SAID ON THURSDAY Q1 NET PROFIT SHARE INCOME 196.0 MILLION LIRA VERSUS 249.7 MILLION LIRA YEAR AGO.Q1 NET FEE AND COMMISSION INCOME 70.0 MILLION LIRA VERSUS 40.0 MILLION LIRA YEAR AGO.Q1 NET PROFIT 27.1 MILLION LIRA VERSUS 97.7 MILLION LIRA YEAR AGO.  Full Article

Albaraka Turk Authorizes Head Office For Setting Up Islamic Medium Term Note Program To Allow Issuance Of Lease Certificates Up To $500.0 Mln Or In Other Currencies Abroad By Bereket Varlik Kira
Monday, 24 Dec 2018 

Dec 25 (Reuters) - ALBARAKA TURK KATILIM BANKASI ::REPORTED ON MONDAY TO APPLY THE CAPITAL MARKETS BOARD (SPK) AND AUTHORIZES THE HEAD OFFICE TO SET UP ISLAMIC MEDIUM TERM NOTE - SUKUK PROGRAM TO ALLOW ISSUANCE OF LEASE CERTIFICATES UP TO $500.0 MILLION OR IN OTHER CURRENCIES IN ABROAD IN WHICH ALBARAKA TURK WILL PARTICIPATE AS FUND USER AND BEREKET VARLIK KIRALAMA AS FUNDER .  Full Article

Albaraka Turk To Issue Lease Certificates Worth Up To 5.00 Bln Lira To Domestic Qualified Investors
Friday, 7 Dec 2018 

Dec 7 (Reuters) - ALBARAKA TURK KATILIM BANKASI AS ::DECIDES TO ISSUE LEASE CERTIFICATES WORTH UP TO 5.00 BILLION LIRA TO DOMESTIC QUALIFIED INVESTORS.  Full Article

Albaraka Turk Q3 Net Profit Rises To 175.8 Million Lira
Wednesday, 14 Nov 2018 

Nov 14 (Reuters) - ALBARAKA TURK KATILIM BANKASI AS ::Q3 NET PROFIT SHARE INCOME OF 363.1 MILLION LIRA VERSUS 262.2 MILLION LIRA YEAR AGO.Q3 NET PROFIT OF 175.8 MILLION LIRA VERSUS 9.8 MILLION LIRA YEAR AGO.NON-PERFORMING LOANS AT END-SEPT 1.94 BILLION LIRA.  Full Article

Albaraka Turk Q1 Net Profit Rises To 97.7 Million Lira
Monday, 14 May 2018 

May 15 (Reuters) - ALBARAKA TURK KATILIM BANKASI ::REPORTED ON MONDAY Q1 NET PROFIT 97.7 MILLION LIRA VERSUS 35.8 MILLION LIRA YEAR AGO.Q1 NET PROFIT SHARE INCOME 249.7 MILLION LIRA VERSUS 318.4 MILLION LIRA YEAR AGO.  Full Article

Albaraka Turk Gets Murabaha Syndicated Loan Worth $245.0 Mln And Eur 60.0 Mln With 370 Days Tranche
Wednesday, 25 Apr 2018 

April 26 (Reuters) - ALBARAKA TURK ::SAID ON WEDNESDAY GETS MURABAHA SYNDICATED LOAN WORTH $245.0 MILLION AND EUR 60.0 MILLION FROM 17 BANKS ACROSS 8 COUNTRIES WITH 370 DAYS TRANCHE .COSTS OF LOAN TO BE LIBOR+125 BPS AND EURIBOR+115 BPS.  Full Article

Albaraka Turk Increases Facility Size To $319 Mln
Wednesday, 25 Apr 2018 

April 25 (Reuters) - ALBARAKA TURK KATILIM BANKASI ::ARAB BANKING CORPORATION, DUBAI ISLAMIC BANK, EMIRATES NBD CAPITAL LIMITED, MASHREQBANK, NOOR BANK, SHARJAH ISLAMIC BANK AND STANDARD CHARTERED BANK WERE APPOINTED TO ARRANGE $210 MILLION SYNDICATED MURABAHA FINANCING FACILITY.BANK ABC AND EMCAP ACTED AS JOINT-COORDINATORS ON FACILITY, $245 MILLION & EURO 60 MILLION DUAL CURRENCY FACILITIES WERE SIGNED ON APRIL 19.FACILITY HAS BEEN STRUCTURED AS MURABAHA FACILITY WITH 370 DAYS TENOR, CARRIES PROFIT MARGIN OF LIBOR + 1.25 PERCENT P.A. FOR USD COMMITMENTS.CARRIES PROFIT MARGIN OF EURIBOR + 1.15 PERCENT P.A. FOR EURO COMMITMENTS OVER 3-MONTH LIBOR.DUE TO OVERSUBSCRIPTION, ALBARAKA TÜRK DECIDED TO INCREASE FACILITY SIZE TO $319 MILLION EQUIVALENT.  Full Article

Albaraka Turk Starts Murabaha Syndicated Loan Process With Initial Amount Of $210.0 Million
Tuesday, 27 Mar 2018 

March 27 (Reuters) - ALBARAKA TURK ::STARTS MURABAHA SYNDICATED LOAN PROCESS WITH INITIAL AMOUNT OF $210.0 MILLION IN TERMS OF DOLLAR AND EURO WITH 370 DAYS TRANCHE.TO PERFORM WITH ARAB BANKING CORPORATION, DUBAI ISLAMIC BANK, EMIRATES NBD CAPITAL, MASHREQBANK, NOOR BANK, SHARJAH ISLAMIC BANK AND STANDARD CHARTERED BANK‍​.  Full Article

Albaraka Turk To Pay Dividend At Net 0,04 Lira Per Share On April 13
Monday, 26 Feb 2018 

Feb 26 (Reuters) - ALBARAKA TURK ::SAID ON FRIDAY TO PAY DIVIDEND AT NET 0,04 LIRA PER SHARE, AT GROSS 0,05 LIRA PER SHARE ON APRIL 13.TOTAL AMOUNT OF NET DIVIDEND PAYMENT TO BE 38.3 MILLION LIRA FOR FY 2017.  Full Article

UPDATE 2-Turkey to offer SMEs a second 25 billion-lira loan package

ISTANBUL, March 1 Turkey will offer small- and medium-size enterprises a second loan package totalling 25 billion lira ($4.67 billion), the finance minister said on Friday, as the government tries to boost flagging economic activity.