Company invites individual and institutional investors as well as advisors to attend interactive real-time virtual VirtualInvestorConferences.com
ISTANBUL, May 8, 2017 /PRNewswire/ -- Akbank (OTCQX:AKBTY) one of Turkey's largest banks, today announced that Mr. Atıl Özus, CFO, will present live at VirtualInvestorConferences.com on May 11, 2017.
DATE: Thursday, May 11, 2017
TIME: 9:00 AM ET
This will be a live, interactive online event where investors are invited to ask the company questions in real-time - both in the presentation hall as well as the association's "virtual trade booth." If attendees are not able to join the event live on the day of the conference, an on-demand archive will be available for 90 days.
It is recommended that investors pre-register and run the online system check to save time and receive event updates.
Learn more about the event at www.VirtualInvestorConferences.com.
Recent Company Highlights
- Akbank CFO 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.
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