Akbank AG

Akbank AG engages in corporate lending and trade financing between Turkey and the European Union region. It offers corporate loans, which include working capital loans, loans to finance capital expenditures, participations in syndicated loans and loans against borrowers notes, and risk participations; trade finance, including letters of credit, letter of guarantees and documentary, and documentary collections; and corporate deposits. The company also provides various other banking services, such as Euro clearing for financial institutions and corporations; foreign exchange (FX) transactions to hedge FX risks; and Internet banking that allows clients to manage and monitor their payment transactions and account balances electronically. In addition, it acts as advisor and interface between the domestic and Turkish business entities. Akbank AG was formerly known as Akbank T.A.S. Niederlassung Deutschland. The company is based in Frankfurt am Main, Germany. Akbank AG operates as a subsidiary of Akbank T.A.S.