Commercial Banking

• Credit Analysis, Allocation and Monitoring
• Corporate Internet Branch

Commercial Banking

Akbank Commercial Banking Business Unit continued its efforts in 2007 to develop the fastest and easiest solutions with acceptable costs for the financial transactions of all domestic and foreign companies operating in the commercial segment through its extensive branch network and specialized products. The number of commercial branches increased to 44 by the end of 2007.

Akbank Commercial Banking has adopted a proactive approach in commercial banking to offer a range of diverse and top quality products.

Foreseeing that corporate mergers and acquisitions shall increse in medium-sized enterprises as in corporates, Leveraged Buy-Out Loan has been developed to meet the financing needs of companies. In construction business, we offer customers Commercial Real Estate Loans including Workplace Loans, targeted for companies wishing to purchase new property to be used in their commercial activities, Workplace Renovation-Completion Loans for companies wishing to renovate their existing properties, Land Purchase Loans for those wishing to acquire land to be used for commerical and manufacturing purposes, and loans for mass housing projects and shopping centers.

In addition to the traditional cash and non-cash lines offered for the financing of customers’ working capital and investment needs, the Commercial Banking Business Unit provides products to help enhance the competitive edge of export companies in overseas markets. Among the specialized products on offer to export companies are Export Loans based on Cash Against Goods, Installment-based Export Loans, Export Loans against Letters of Guarantee, and Export Letter of Credit Discounts,and Export Factoring services for the financing of export transactions conducted on a cash against goods basis, Overseas Trade Fair Support Loans to provide pre-trade fair finance support, Forward Currency/Parity and other derivative products hedging against credit and foreign currency risks.

In tourism sector, Tourism Renovation and Tourism Support Loans were initiated to provide commercial customers in the tourism sector with assistance in preparing for the new season. These loans are designed for tourism operators who wish to renovate, repair or restock their facilities. Tourism Investment Loans meet the needs of commercial customers interested in making a new investment in the field of tourism.

In parallel with the expansion of the gold sector, Gold Loan was developed to support the financing needs of manufacturer and exporter customers in the gold sector.

The Commercial Banking Business Unit also cooperates with companies in the energy sector, in particular renewable energy projects. The energy projects that we have financed are thermal power plants, natural gas distribution, hydroelectric power plants, windpower plants and geothermal plants.

Additionally, marketing activities focused on companies operating in various fields such as port, hospital, gold-mine, industries, ship-construction, vehicle inspection station and airport busineses.