Akbank T.A.S. (AKBNK) - Financial and Strategic SWOT Analysis Review by GlobalData

VIEWS: 351 PAGES: 29

More Info
									      Akbank T.A.S. (AKBNK) - Financial and Strategic SWOT Analysis Review

      Reference Code: GDFS27144FSA                                                                                    Publication Date: DEC 2010

      Sabanci Center, 4.Levent                Phone             +90 212 3855555                      Revenue            9,550 (million TRY)
      Istanbul                                Fax               +90 212 2697787                      Net Profit         2,722.62 (million TRY)
      34330                                   Website           www.akbank.com                       Employees          15,000
      Turkey                                  Exchange          AKBNK [Istanbul Stock Exchange] Industry                Financial Services

      Company Overview
      Akbank T.A.S. (Akbank) is a Turkey based bank offering various commercial and retail banking products and services. It also
      offers capital market and investment management services to its customers. Akbank operates through 20 regional directorates
      across Turkey and domestic network of 877 branches. The bank conducts overseas activities in Germany, the Netherlands and
      Dubai along with a branch in Malta. Akbank is headquartered in Istanbul, Turkey.

      Key Executives                                                               SWOT Analysis
                     Name                                   Title                  Akbank T.A.S., SWOT Analysis
      Hayri Culhaci                         Vice Chairman                          Strengths                 Weaknesses

      Suzan Sabanci Dincer                  Chairman
                                                                                   Strong Domestic Franchise          High Exposure to Turkish
      Bülent Adanir                         Director                                                                  Government Securities
      Ziya Akkurt                           Chief Executive Officer                Strong Liquidity Position
                                                                                                                      Declining Market Share in
      Erol Sabanci                          Honorary Chairman                                                         Sector
      Source: Annual Report, Company Website, Primary and Secondary Research,
      GlobalData
                                                                                   Opportunities                      Threats
      Share Data
      Akbank T.A.S.                                                                Alternative Distribution           Uncertain Market and
                                                                            8.80   Channels                           Economic Conditions
       Share Price (TRY) as on 15-Nov-2010
       EPS (TRY)                                                            0.68
                                                                                   Bancassurance Expansion            Stiff Competition
       Market Cap (million TRY)                                          35,200

       Enterprise Value (million TRY)                                    39,157
                                                                           4,000   Source: Annual Report, Company Website, Primary and Secondary
       Shares Outstanding (million)                                                Research, GlobalData
       Source: Annual Report, Company Website, Primary and Secondary Research,
       GlobalData

      Financial Performance                                                        Recent Developments
                                                                                   Nov 11, 2009         Akbank Gets License To Operate From
                                                                                                        DIFC
                                                                                   Aug 27, 2009         First Data Renews Agreement With
                                                                                                        Akbank
                                                                                   Source: Annual Report, Company Website, Primary and Secondary
                                                                                   Research, GlobalData




       Source: Annual Report, Company Website, Primary and Secondary Research,
       GlobalData




Akbank T.A.S. (AKBNK) - Financial and Strategic SWOT Analysis Review                                                          Reference Code: GDFS27144FSA

Source : www.globalcompanyintelligence.com                                                                                                          Page 1
      Ta b le o f Co n te n ts
      Table of Contents ..................................................................................................................................................................................................... 2
      List of Tables ............................................................................................................................................................................................................ 3
      List of Figures ........................................................................................................................................................................................................... 3
      Section 1 - About the Company ................................................................................................................................................................................ 4
      Akbank T.A.S. - Key Facts........................................................................................................................................................................................ 4
      Akbank T.A.S. - Key Employees ............................................................................................................................................................................... 5
      Akbank T.A.S. - Key Employee Biographies ............................................................................................................................................................. 6
      Akbank T.A.S. - Major Products and Services .......................................................................................................................................................... 7
      Akbank T.A.S. - History ............................................................................................................................................................................................ 8
      Akbank T.A.S. - Company Statement ....................................................................................................................................................................... 9
      Akbank T.A.S. - Locations And Subsidiaries ............................................................................................................................................................11
            Head Office .......................................................................................................................................................................................................11
            Other Locations & Subsidiaries .........................................................................................................................................................................11
      Section 2 – Company Analysis ................................................................................................................................................................................13
      Akbank T.A.S. - Business Description .....................................................................................................................................................................13
      Akbank T.A.S. - Corporate Strategy.........................................................................................................................................................................14
      Akbank T.A.S. - SWOT Analysis..............................................................................................................................................................................15
            SWOT Analysis - Overview ...............................................................................................................................................................................15
            Akbank T.A.S. - Strengths .................................................................................................................................................................................15
                  Strength - Strong Domestic Franchise ........................................................................................................................................................15
                  Strength - Strong Liquidity Position .............................................................................................................................................................15
                  Strength - Sound Capital Base....................................................................................................................................................................15
                  Strength - Efficient Use of Resources .........................................................................................................................................................15
            Akbank T.A.S. - Weaknesses ............................................................................................................................................................................15
                  Weakness - High Exposure to Turkish Government Securities....................................................................................................................16
                  Weakness - Declining Market Share in Sector ............................................................................................................................................16
            Akbank T.A.S. - Opportunities ....................
								
To top