Akbank TAS Analysis & Company Information - GlobalData
2022-06-02 09:30:24 UTC | Business, Economy, Finances, Banking & Insurance
Akbank TAS: Overview
Akbank TAS (Akbank) is a commercial bank that offers consumer banking, commercial and SME banking, corporate and private banking, foreign exchange, foreign trade, and treasury services. Its portfolio of banking products and services comprises deposits, loans, financing, leasing, foreign exchange services, private and investment banking, international services, and ex-pat banking. Through its subsidiaries, it also offers non-banking financial services, capital markets, asset management, insurance, and investment solutions.
Akbank TAS (Akbank) is a provider of banking and other financial solutions. Adequate capital, adequate liquidity, improved non-interest income, and a wide distribution network in Turkey are a few of its key strengths, even as the decline in cost efficiency could be a cause of concern. The emergence of FinTech companies, new product offerings, and upgrades. and growing markets for payments channels in Turkey may provide ample growth opportunities to Akbank.