Alternatif Bank

Alternatif Bank, formerly known as ABank, is a Turkish bank with headquarters in Istanbul.

Alternatifbank A.Ş.
Anonim Şirket
IndustryBanking
FoundedNovember 6, 1991 (1991-11-06)
Headquarters
Istanbul
,
Turkey
Number of locations
48 branches (2019)[1]
Key people
Omar Hussain Alfardan[2] (Chairman)
Kaan Gür[3] (CEO)
ProductsBanking
Revenue ₺767.1 million (2019)[4]
₺219.2 million (2019)[4]
₺178.1 million (2019)[4]
Total assets ₺30.1 billion (2019)[5]
Total equity ₺2.4 billion (2019)[6]
Number of employees
885 (2019)[7]
Websitewww.alternatifbank.com.tr/en

History

The bank was founded in 1991 by the Doğan Grubu and was enlisted in 1995.

Having completed 24 years in banking industry, Alternatif Bank is an important subsidiary of The Commercial Bank (Q.S.C), one of the leading banks in Qatar, and Turkey’s one of the leading industrial conglomerates The Anadolu Group. With an asset size of 13.1 billion TRL (as of year-end 2015) and Alternatif Bank operates via its 54 branches.

References
  1. Alternatif Bank 2019 Annual Report 2019.
  2. Alternatif Bank 2019 Annual Report 2019, p. 3.
  3. Alternatif Bank 2019 Annual Report 2019, p. 5.
  4. Independent Auditor's Report 2019, p. 14.
  5. Independent Auditor's Report 2019, p. 11.
  6. Independent Auditor's Report 2019, p. 12.
  7. Alternatif Bank 2019 Annual Report 2019, p. 47.

Sources
  • Alternatif Bank 2019 Annual Review (PDF), Alternatif Bank, 2019
  • Independent Auditor's Report (PDF), Alternatif Bank, 2019


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