Company invites individual and institutional investors as well as advisors to log-on to VirtualInvestorConferences.com to view presentation
ISTANBUL, May 15, 2017 /CNW/ -- Akbank (OTCQX: AKBTY) one of Turkey's largest banks, today announced that the May 11 presentation from Atıl Özus, CFO, is now available for on-demand viewing at VirtualInvestorConferences.com.
Akbank's presentation will be available 24/7 for 90 days. Investors and advisors may download shareholder materials from the "virtual trade booth" for the next three weeks.
Recent Company Highlights
- Akbank CEO Atıl Özus voted the best and Akbank Investor Relations Team was ranked #2 in Turkey on the Extel Pan European Survey 2016.
- Akbank, recently announced the successful conclusion of its US $404mil and €738mil Dual Currency Term Loan Facilities signed on 22 March 2017.
- Akbank has completed the first Basel 3 compliant USD denominated subordinated notes issuance of the Turkish banking sector in 2017. The coupon rate has been set at 7.20% (coupon interest payable semi-annually), with a call option on 16 March 2022 and due by 16 March 2027 (for the 10NC5 subordinated notes). The order book attracted over USD 2 billion from more than 170 investors.
Akbank was founded as a privately-owned commercial bank in Adana on January 30, 1948. Akbank's core business is banking activities, consisting of corporate investment and private banking, commercial banking, SME banking, consumer banking, payment systems and treasury transactions, and international banking services. In addition to traditional banking activities, the Bank also carries out insurance agency operations through its branches on behalf of Ak Insurance and AvivaSA Pensions and Life Insurance.
With a strong and extensive domestic distribution network of 840 branches and more than 14,000 employees, Akbank operates from its Head Office in Istanbul and 22 regional directorates across Turkey. In addition to providing services through branches, the Bank's traditional delivery channel, Akbank also serves more than 15 million customers through the Akbank Direkt Internet Branches, Akbank Direkt Mobile, the Call Center, 4,200 ATMs and more than 460,000 POS terminals as well as other high-tech channels.
Since 2010, VirtualInvestorConferences.com, created by BetterInvesting (NAIC) and PRNewswire, has been the only monthly virtual investor conference series that provides an interactive forum for presenting companies to meet directly with investors using a graphically-enhanced online platform.
Designed to replicate the look and feel of location-based investor conferences, Virtual Investor Conferences unites PR Newswire's leading-edge online conferencing and investor communications capabilities with BetterInvesting's extensive retail investor audience network.
For further information: Akbank - Cenk Göksan, Senior Vice President - Investor Relations, +902123855113, Cenk.firstname.lastname@example.org; Burak Berki, Manager - Investor Relations, +902123856941, Burak.email@example.com; VirtualInvestorConferences.com - Bradley H. Smith, Director of Marketing, IR and Compliance Services, PR Newswire, +1.201.947.7157, firstname.lastname@example.org