Edition:
United States

Akbank TAS (AKBNK.IS)

AKBNK.IS on Istanbul Stock Exchange

6.55TRY
17 Jan 2019
Change (% chg)

-0.06TL (-0.91%)
Prev Close
6.61TL
Open
6.64TL
Day's High
6.77TL
Day's Low
6.51TL
Volume
56,081,302
Avg. Vol
55,432,439
52-wk High
9.61TL
52-wk Low
4.58TL

Latest Key Developments (Source: Significant Developments)

Akbank's Guidance For 2019
Tuesday, 8 Jan 2019 10:24am EST 

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 06:35am EST 

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 09:28am EST 

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 11:13am EDT 

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 11:01am EDT 

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 10:22am EST 

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 11:16am EST 

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

Akbank Mandates BNP Paribas, Citi, HSBC, Mizuho, MUFG And Societe Generale For Issuance Of USD Denominated Bonds
Tuesday, 20 Feb 2018 04:49am EST 

Feb 20 (Reuters) - AKBANK ::MANDATES BNP PARIBAS, CITI, HSBC, MIZUHO, MUFG AND SOCIETE GENERALE FOR ISSUANCE OF USD DENOMINATED BONDS.  Full Article

Akbank To Pay Dividend At Net 0.34 Lira Per Share As Of March 28
Tuesday, 6 Feb 2018 07:15am EST 

Feb 6 (Reuters) - AKBANK ::TO PAY DIVIDEND AT NET 0.34 LIRA PER SHARE AS OF MARCH 28.TO ALLOCATE TOTAL NET DIVIDEND WORTH AT 1.36 BILLION LIRA TO SHAREHOLDERS.  Full Article

Akbank Fy 2017 Net Profit Rises To 6.04 Bln
Wednesday, 31 Jan 2018 10:11am EST 

Jan 31 (Reuters) - AKBANK ::FY 2017 NET INTEREST INCOME OF 10.54 BILLION LIRA VERSUS 7.95 BILLION LIRA YEAR AGO.FY 2017 NET FEE AND COMMISSION INCOME 2.74 BILLION LIRA VERSUS 2.40 BILLION LIRA YEAR AGO.NON-PERFORMING LOANS END OF 2017 4.56 BILLION LIRA VERSUS 4.27 BILLION LIRA AT END OF 2016.FY 2017 NET PROFIT OF 6.04 BILLION LIRA VERSUS 4.82 BILLION LIRA YEAR AGO.  Full Article