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Akbank
Akbank T.A.Ş. is one of the largest banks in Turkey. Founded in 1948, , it had revenues of nearly TL 13.7 billion. Listed on the Borsa Istanbul, its largest shareholders are members of the Sabancı family. Akbank is a bank that offers vehicle loans, housing loans, consumer loans and commercial loans. Akbank has ranked as "The Most Valuable Banking Brand in Turkey" according to the "Brand Finance - Banking 500, 2018" report for the seventh time in a row. Akbank also achieved significant success by ranking as the 126th most valuable banking brand in the report that comprises the most valuable global banking brands. History Akbank was founded in Adana, Turkey in January 1948, originally to provide financing for the cotton producers in the Çukurova region. As the majority of the bank founders were born in the city of Kayseri, the name "Adana-Kayseri Bankası" was chosen, soon to be shortened to its initials AK or Akbank. The founders were Hacı Ömer Sabancı, the industrialist b ...
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Akbank Şişli Şubesi
Akbank T.A.Ş. is one of the largest banks in Turkey. Founded in 1948, , it had revenues of nearly TL 13.7 billion. Listed on the Borsa Istanbul, its largest shareholders are members of the Sabancı family. Akbank is a bank that offers vehicle loans, housing loans, consumer loans and commercial loans. Akbank has ranked as "The Most Valuable Banking Brand in Turkey" according to the "Brand Finance - Banking 500, 2018" report for the seventh time in a row. Akbank also achieved significant success by ranking as the 126th most valuable banking brand in the report that comprises the most valuable global banking brands. History Akbank was founded in Adana, Turkey in January 1948, originally to provide financing for the cotton producers in the Çukurova region. As the majority of the bank founders were born in the city of Kayseri, the name "Adana-Kayseri Bankası" was chosen, soon to be shortened to its initials AK or Akbank. The founders were Hacı Ömer Sabancı, the industrialist b ...
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Hakan Binbaşgil
Hakan Binbaşgil (born 1960 in Istanbul, Turkey) is Executive Board Member and CEO at Akbank. Career Hakan Binbaşgil has been the Board Member and CEO of Akbank since January 2012. Binbaşgil joined Akbank as the Executive Vice President in charge of Change Management in 2002. He initiated the Bank's "Restructuring Program" which transformed Akbank into one of Turkey's leading customer-focused, modern and innovative financial institutions. Hakan Binbaşgil was appointed Executive Vice President in charge of Retail Banking in 2003, and Deputy CEO in 2008. Prior to joining Akbank, Binbaşgil worked as a Management Consultant in the London and İstanbul offices of Accenture, and as Executive Vice President at Pamukbank. Binbaşgil has also served on the boards of directors of numerous local and multinational companies in Turkey and abroad, and chaired various companies including Akbank AG, Aklease, AkAsset Management, AkInvestment, Akbank Dubai, and the Credit Bureau of Turkey. ...
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Akbank Sanat
Akbank Sanat is an art center founded by the Turkish bank Akbank in 1993. The art center is located in Beyoğlu, İstanbul and organizes over 700 events every year. The Center and Its Events Akbank Sanat is located in Beyoğlu and consists of 6 floors. The entrance and the first floor host have hosted 150 contemporary art exhibitions to date. The second floor has a conference hall which can host 125 people. The Akbank Short Film Competition, concerts, plays and lectures are regularly hosted in the hall. On the third floor, there is an art workshop for plastic artists. A library and a cafeteria are located on the fourth floor, and the sixth floor is utilised for dance lessons. Akbank Short Film Festival Akbank Short Film Festival, is a short film festival organised by Akbank since 2005. The movies which gain a prize from the competition are demonstrated in various cities and universities around Turkey. Akbank Jazz Festival Akbank Jazz Festival first took place in 1991 as a ...
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Erol Sabancı
Erol Sabancı (born 1938) is a billionaire Turkish banker and a member of the Sabancı family. Sabancı is the honorary chairman of Akbank. He has been board member of Akbank since 1963, Turkey's most valuable and profitable bank. Early life Sabancı was born in Akçakaya village in central Turkey near the town of Kayseri in 1938, the fifth son of Hacı Ömer Sabancı, who laid the foundation of one of the greatest fortunes in the world, and Sadıka. Sabancı completed his secondary education at the Tarsus American College. In 1956, he went to England to study at Manchester College of Commerce. Sabancı returned to Turkey in 1958 and the following year joined the army for his two-year military service. Career In 1960, he joined his elder brothers at the holding company as manager of the family flour mill and the financial director of the textile firm Bossa. In 1963, he was elected a board member of Akbank as representative of the Sabancı shares. At that time Akbank, which was ...
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Suzan Sabancı Dinçer
Suzan Sabancı Dinçer, CBE (; born 1965), is a Turkish businesswoman and a member of the Sabancı family in third generation. She is currently chairperson of Akbank, as well as board member of Sabancı Holding. Career Suzan Sabancı Dinçer is the Chairman of Akbank. Sabancı Dinçer is also a board member of Sabancı Holding and a member of the Board of Trustees of Sabancı University. In 2009, Sabancı Dinçer founded the Akbank International Advisory Board and currently serves as its chairman. Suzan Sabancı Dinçer began her career in banking in 1986 and joined Akbank as Executive Vice President in charge of Treasury in 1989. In 1997, she was named Executive Board Member for Treasury and International Banking Relations. Sabancı Dinçer was appointed as Executive Board Member to oversee the bank-wide change and transition program in 2001. She was named Chairman in March, 2008. Education Suzan Sabancı Dinçer holds a B.A. degree in Finance and International Marketing from R ...
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List Of Banks In Turkey
As of September 2006, the size of the banking industry is 88.2% of total financial sector in Turkey. There are 51 banks as of April 2022: 3 public deposit, 8 private deposit, 21 foreign deposit, 3 public investment, 9 private investment, 4 foreign investment, 4 participation banks and 3 banks under the supervision of the TMSF. Notice also that total bank assets, as of September 2006, are 473.7 billion Turkish lira. This makes up 86.3% of the gross national product. Below is a list of banking institutions operating in Turkey, provided by the Turkish Banking Regulation and Supervision Agency and the Banks Association of Turkey List of banks in Turkey by total assets Deposit banks State-owned deposit banks * Türkiye Cumhuriyeti Ziraat Bankası A.Ş* Halk Bankası, Türkiye Halk Bankası A.Ş* VakıfBank, Türkiye Vakıflar Bankası T.A.O. (not actually owned by the state; see the article for further information Privately owned deposit banks * Adabank A.Ş* Akbank T.A.Ş* An ...
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Aksigorta
Aksigorta is an insurance company in Turkey, belonging to Sabancı Holding in partnership with Belgian insurer Ageas, an international insurance company with more than 180 years experience in the sector. Ageas has acquired a 31% stake in Aksigorta, paying USD 220 million for shares previously owned by Sabancı Holding. As a result of this acquisition, Ageas and Sabancı Holding now have equal control of the company. Area of activity Founded in 1960 in the cities of Adana and Istanbul to serve companies within the Sabancı Group, Aksigorta is today one of Turkey's leading insurance companies. Aksigorta operates throughout Turkey with 578 employees, 1,500 independent agencies, 30 brokerage houses, the 900 branches of sister company Akbank, and a network of nearly 4,500 contracted institutions. Board of directors Social responsibility The “Risk And Safety” art project Aksigorta's second biggest social responsibility project Works based on the ‘Risk and Safety’ theme ...
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Hacı Ömer Sabancı
Hacı Ömer Sabancı (1 January 1906 – 2 February 1966) was a Turkish entrepreneur, who founded a number of companies, which later formed the second largest industrial and financial conglomerate of Turkey, the Sabancı Holding. He initiated the establishment of a dynasty of Turkey's wealthiest businesspeople. Early life He was born in Akçakaya village, a small village in Kayseri Province in central Anatolia, Turkey. In 1921, a couple of years after the death of his father, the then fifteen-year-old youngster left his hometown and walked all the way to Adana to seek his fortune. Career Hacı Ömer started his new life as a cotton picker. In Adana he took part in the confiscation of Armenian property and businesses after the Armenian genocide, which was encouraged by the Turkish government.Ayşe Buğra: ''State and Business in Modern Turkey. A Comparative Study.'' SUNY Press, 1994. p. 82 Soon, he became a broker for cotton harvesters. With the money he saved in a few yea ...
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Turkey
Turkey ( tr, Türkiye ), officially the Republic of Türkiye ( tr, Türkiye Cumhuriyeti, links=no ), is a list of transcontinental countries, transcontinental country located mainly on the Anatolia, Anatolian Peninsula in Western Asia, with a East Thrace, small portion on the Balkans, Balkan Peninsula in Southeast Europe. It shares borders with the Black Sea to the north; Georgia (country), Georgia to the northeast; Armenia, Azerbaijan, and Iran to the east; Iraq to the southeast; Syria and the Mediterranean Sea to the south; the Aegean Sea to the west; and Greece and Bulgaria to the northwest. Cyprus is located off the south coast. Turkish people, Turks form the vast majority of the nation's population and Kurds are the largest minority. Ankara is Turkey's capital, while Istanbul is its list of largest cities and towns in Turkey, largest city and financial centre. One of the world's earliest permanently Settler, settled regions, present-day Turkey was home to important Neol ...
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Kayseri
Kayseri (; el, Καισάρεια) is a large Industrialisation, industrialised List of cities in Turkey, city in Central Anatolia, Turkey, and the capital of Kayseri Province, Kayseri province. The Kayseri Metropolitan Municipality area is composed of five districts: the two central districts of Kocasinan and Melikgazi, and since 2004, also outlying Hacılar, İncesu, Kayseri, İncesu and Talas, Turkey, Talas. As of 31 December 2021, the province had a population of 1,434,357 of whom 1,175,886 live in the four urban districts, excluding İncesu, Kayseri, İncesu which is not conurbated (i.e. not contiguous, having a largely non-protected buffer zone). Kayseri sits at the foot of Mount Erciyes (Turkish language, Turkish: Erciyes Dağı), a dormant volcano that reaches an altitude of , more than 1,500 metres above the city's mean altitude. It contains a number of historic monuments, particularly from the Seljuk dynasty, Seljuk period. Tourists often pass through Kayseri en rout ...
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Germany
Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated between the Baltic and North seas to the north, and the Alps to the south; it covers an area of , with a population of almost 84 million within its 16 constituent states. Germany borders Denmark to the north, Poland and the Czech Republic to the east, Austria and Switzerland to the south, and France, Luxembourg, Belgium, and the Netherlands to the west. The nation's capital and most populous city is Berlin and its financial centre is Frankfurt; the largest urban area is the Ruhr. Various Germanic tribes have inhabited the northern parts of modern Germany since classical antiquity. A region named Germania was documented before AD 100. In 962, the Kingdom of Germany formed the bulk of the Holy Roman Empire. During the 16th ce ...
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Basel III
Basel III is the third Basel Accord, a framework that sets international standards for bank capital adequacy, stress testing, and liquidity requirements. Augmenting and superseding parts of the Basel II standards, it was developed in response to the deficiencies in financial regulation revealed by the financial crisis of 2007–08. It is intended to strengthen bank capital requirements by increasing minimum capital requirements, holdings of high quality liquid assets, and decreasing bank leverage. Basel III was published by the Basel Committee on Banking Supervision in November 2010, and was scheduled to be introduced from 2013 until 2015; however, implementation was extended repeatedly to 1 January 2022 and then again until 1 January 2023, in the wake of the COVID-19 pandemic. The new standards that come into effect in January 2023, that is, the Fundamental Review of the Trading Book (FRTB) and the Basel 3.1: Finalising post-crisis reforms, are sometimes referred to as Basel ...
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