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Akbank TAS (AKBNK.IS)

AKBNK.IS on Istanbul Stock Exchange

9.35TRY
10 Dec 2017
Change (% chg)

0.21TL (+2.30%)
Prev Close
9.14TL
Open
9.23TL
Day's High
9.42TL
Day's Low
9.23TL
Volume
44,566,841
Avg. Vol
18,418,452
52-wk High
10.72TL
52-wk Low
7.37TL

Latest Key Developments (Source: Significant Developments)

Akbank decides to make investments worth of total $250.0 mln in Gebze
Thursday, 7 Dec 2017 02:38am EST 

Dec 7 (Reuters) - AKBANK ::DECIDES TO MAKE INVESTMENTS WORTH OF TOTAL USD 250.0 MILLION IN GEBZE.CONSTRUCTION OF BANKING FACILITIES TO BE COMPLETED WITHIN 2019.  Full Article

Akbank Q3 net profit up at 1.50 billion lira
Wednesday, 25 Oct 2017 11:11am EDT 

Oct 25 (Reuters) - AKBANK TAS ::Q3 NET PROFIT OF 1.50 BILLION LIRA VERSUS 1.10 BILLION LIRA YEAR AGO.Q3 NET INTEREST INCOME OF 2.49 BILLION LIRA VERSUS 2.08 BILLION LIRA YEAR AGO.NON-PERFORMING LOANS END-SEPT 4.14 BILLION LIRA VERSUS 4.27 BILLION LIRA AT END-DEC. 2016.Q3 NET FEE AND COMMISSION INCOME 688.8 MILLION LIRA VERSUS 575.8 MILLION LIRA YEAR AGO.  Full Article

Akbank signs agreement with IFC‍​ to secure $150 million equivalent
Monday, 2 Oct 2017 02:37am EDT 

Oct 2 (Reuters) - AKBANK ::SIGNS AN AGREEMENT TO SECURE $150 MILLION EQUIVALENT IN TURKISH LIRA WITH INTERNATIONAL FINANCE CORPORATION ("IFC")‍​.  Full Article

Akbank signs $1.15 billion equivalent syndicated loan facility
Tuesday, 15 Aug 2017 05:20am EDT 

Aug 15 (Reuters) - AKBANK ::SECURES A MULTI-CURRENCY SYNDICATED LOAN FACILITY AT AMOUNT OF USD 1.15 BILLION EQUIVALENT COMPRISED OF USD 543 MILLION AND EUR 515 MLN‍​.THE USD EQUIVALENT OF 945 MILLION – HAS A ONE YEAR TENOR, WHEREAS THE 2 YEAR TENOR IS USD 205 MILLION.ALL-IN COST FOR THE ONE YEAR TRANCHES ARE LIBOR+1,35% P.A. AND EURIBOR+1,25% P.A.; AND FOR 2 YEAR TRANCHE IS LIBOR+2,20% P.A.  Full Article

Akbank signs agreement with EIB to secure EUR 200 mln equivalent in Turkish Lira ‍​
Monday, 3 Jul 2017 02:12am EDT 

July 3 (Reuters) - AKBANK ::HAS SIGNED AN AGREEMENT TO SECURE FINANCING OF EUR 200 MILLION EQUIVALENT IN TURKISH LIRA WITH EUROPEAN INVESTMENT BANK (EIB) ‍​.THE AGREEMENT SIGNED UNDER THE BANK'S COVERED BOND PROGRAMME.‍​.  Full Article

Akbank Q1 net profit up at 1.40 billion lira
Tuesday, 25 Apr 2017 11:11am EDT 

April 25 (Reuters) - Akbank :Q1 net profit of 1.40 billion lira ($390.77 million) versus 1.0 billion lira year ago.Q1 net fee and commission income 632.2 million lira versus 594.1 million lira year ago.Q1 net interest income of 2.39 billion lira versus 1.86 billion lira year ago.Non-Performing loans at the end of March 4.49 billion lira.  Full Article

Akbank proposes to pay FY 2016 dividend of net 0.19125 lira/share
Monday, 27 Feb 2017 09:58am EST 

Akbank : Proposes to pay FY 2016 dividend of gross 0.225 lira ($0.0626) net 0.19125 lira per share . Proposes gross 200.0 million lira equal to 5 percent of the paid-in capital of the Bank as of 31st December 2016 which is 4.00 billion lira will be allocated as primary cash gross dividend . Proposes gross 700.0 million lira will be allocated as secondary cash gross dividend . Total gross dividend of TL 900.0 million lira equal to 22,5 percent of the paid in capital, will be distributed to shareholders .Proposes 2016 cash dividend distribution to start from 30th of March, 2017.  Full Article

Akbank says agreement not reached in collective bargaining talks with BANKSIS
Thursday, 16 Feb 2017 05:56am EST 

Akbank T.A.S :Says agreement could not be reached during negotiations with The Bank and Insurance Employees Union (BANKSIS) for collective bargaining agreement in legal mediation phase.  Full Article

Akbank 2016 net profit jumps to 4.53 billion lira
Tuesday, 31 Jan 2017 10:19am EST 

Akbank : FY 2016 net profit of 4.53 billion lira ($1.20 billion) versus 2.99 billion lira year ago . FY 2016 net interest income of 7.95 billion lira versus 7.19 billion lira year ago . FY 2016 net fee and commission income of 2.40 billion lira versus 2.35 billion lira year ago .Non-performing loss at the end of 2016 is 4.27 billion lira versus 3.37 billion lira at the end of the 2015.  Full Article

Turkey's Akbank says to issue up to 10 billion lira in debt in domestic market
Tuesday, 23 Aug 2016 10:26am EDT 

Akbank Tas says: To issue up to 10 billion lira in debt in domestic market Further company coverage: [AKBNK.IS] (Istanbul newsroom) ((Istanbul.newsroom@thomsonreuters.com; +90 212 350 7122;)).  Full Article

BRIEF-Akbank decides to make investments worth of total $250.0 mln in Gebze

* DECIDES TO MAKE INVESTMENTS WORTH OF TOTAL USD 250.0 MILLION IN GEBZE