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Akbank N.V.
Established in 2001 Akbank N. V. is authorised & regulated by De Nederlandsche Bank. The head office has been established in Rotterdam with branches in London & Essen. Akbank N. V. is a wholly owned subsidiary of Akbank T.A.S., the largest private sector bank in Turkey with regard to profitability and market value as of year-end 2004. In addition to core banking activities, Akbank T.A.S. also offers a wide range of retail, commercial, corporate, private banking and international trade finance services. Non-banking financial, capital market and investment services are provided by the Bank’s subsidiaries including Ak Leasing, Ak Securities, Ak Investment Fund, Ak Asset Management and Ak Pension Fund.
Akbank T.A.S., founded in 1948, makes part from of one of the leading industrial and financial conglomerate in Turkey, the Sabancı Group. The Sabancı Group consists of 64 businesses, asset in very various sectors in more than 12 countries.
Selected as Turkey’s Best Bank in 2004 by The Banker & Euromoney, Akbank T.A.S.’s gross profit at the end of 2004 stood at TL 1,495 trillion (approximately US$ 1,091 million) while assets totalled TL 35,424 trillion (approximately US$ 25,862 million). The Bank’s capital adequacy ratio is 36.09%, one of the highest in the Turkish banking sector.
With more than 600 branches Akbank T.A.S. focuses on providing quality services to a large retail and corporate customer portfolio with its cutting edge technology and experienced banking staff. Akbank N. V. strives to provide competitive corporate banking activities and trade finance for mainly trade operations between the EU and Turkey, as well as savings products for the Dutch, British & German private market with very attractive interest rates and conditions.
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