Alternatif Bank Explained

Alternatifbank A.Ş.
Type:Anonim Şirket
Key People:Omar Hussain Alfardan (Chairman)
Kaan Gür (CEO)
Industry:Banking
Products:Banking
Location City:Istanbul
Location Country:Turkey
Locations:48 branches (2019)
Revenue: 767.1 million (2019)
Operating Income: 219.2 million (2019)
Net Income: 178.1 million (2019)
Assets: 30.1 billion (2019)
Equity: 2.4 billion (2019)
Num Employees:885 (2019)

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

History

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

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