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Akbank TAS (AKBNK.IS)

AKBNK.IS on Istanbul Stock Exchange

10.01TRY
18 Jan 2018
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Fri, Jan 19 2018

BRIEF-Akbank To Set Up Company Titled AkOde With 12.0 Mln Lira Initial Capital‍​

* TO SET UP 100 PERCENT OWNED COMPANY TITLED AKODE WITH 12.0 MILLION LIRA INITIAL CAPITAL‍​

BRIEF-Akbank Sells NPL Portfolio Worth 774.0 Mln Lira For 36.0 Mln Lira

* SELLS NPL PORTFOLIO OF 774.0 MILLION LIRA FOR 36.0 MILLION LIRA TO GUVEN VARLIK, EFES VARLIK AND HAYAT VARLIK Source text for Eikon: Further company coverage: (Gdynia Newsroom)

BRIEF-Akbank Targets And Forecasts For 2018

* SEES NET FEES AND COMMISSION GROWTH AT ABOUT 15 PERCENT AND NPL AT ABOUT 2.1 PERCENT IN 2018

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

BRIEF-Akbank Q3 net profit up at 1.50 billion lira

* Q3 NET PROFIT OF 1.50 BILLION LIRA VERSUS 1.10 BILLION LIRA YEAR AGO

BRIEF-Akbank to issue debt instruments up to $6.0 bln or equivalent

* TO ISSUE DEBT INSTRUMENTS UP TO $6.0 BILLION OR ITS EQUIVALENT IN ANY FOREIGN CURRENCY OR TURKISH LIRA‍​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

BRIEF-Akbank signs agreement with IFC‍​ to secure $150 million equivalent

* SIGNS AN AGREEMENT TO SECURE $150 MILLION EQUIVALENT IN TURKISH LIRA WITH INTERNATIONAL FINANCE CORPORATION ("IFC")‍​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

BRIEF-Akbank signs $1.15 billion equivalent syndicated loan facility

* SECURES A MULTI-CURRENCY SYNDICATED LOAN FACILITY AT AMOUNT OF USD 1.15 BILLION EQUIVALENT COMPRISED OF USD 543 MILLION AND EUR 515 MLN‍​

Turkey's Akbank Q2 net profit rises 13 percent to 1.5 bln lira

ISTANBUL, July 27 Turkish lender Akbank posted a net profit up around 13 percent year-on-year to 1.5 billion lira ($425 million) in the second quarter, it said late on Wednesday, exceeding an expectation of 1.44 billion lira in a Reuters poll. ($1 = 3.5255 liras) (Reporting by Ebru Tuncay; Editing by Daren Butler)

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