Akbank TAS operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Akbank TAS with three other
companies in this sector in Turkey:
Turkiye Halk Bankasi As
sales of 42.73 billion Turkish Liras [US$7.66 billion]
of which 47%
Turkiye Garanti Bankasi AS
(49.60 billion Turkish Liras [US$8.90 billion]
of which 35%
was Banking), and
Turkiye Is Bankasi AS
(55.55 billion Turkish Liras [US$9.96 billion]
of which 46%
Akbank TAS reported sales of 40.03 billion Turkish Liras (US$7.18 billion)
December of 2018.
increase of 44.3%
versus 2017, when the company's sales were 27.73 billion Turkish Liras.
Sales at Akbank TAS have increased during each of the previous five years
(and since 2013, sales have increased a total of 161%).
Sales of Other saw an increase
that was more than double the company's growth rate: sales were up
283.6% in 2018, from
892.08 million Turkish Liras to 3.42 billion Turkish Liras.
Akbank TAS also saw significant increases in sales in
Retail and Private Banking (up 58.6% to 6.90 billion Turkish Liras)
Not all segments of Akbank TAS experienced an increase in sales in 2018:
sales of Corporate Banking, Commercial Banking and fell 69.1% to 2.10 billion Turkish Liras.
Akbank TAS also experienced decreases in sales in
Treasury (down 40.5% to 614.18 million Turkish Liras)