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February 11, 2016 11:55 PM ET

Banks

Company Overview of Alternatifbank A.S.

Company Overview

Alternatifbank A.S provides various banking products and services to corporate, commercial, and retail customers in Turkey. It also provides brokerage and investment banking services, as well as management of mutual funds. The company is also involved in leasing various equipment, such as industrial machinery and office equipment. As of December 31, 2013, it operated approximately 73 branches in Turkey. The company was founded in 1991 and is headquartered in Istanbul, Turkey. Alternatifbank A.S. is a subsidiary of Commercial Bank of Qatar.

Cumhuriyet Caddesi No: 46

Elmadag

Istanbul,  34367

Turkey

Founded in 1991

Phone:

90 212 315 65 00

Key Executives for Alternatifbank A.S.

Chief Executive Officer, General Manager, Director, Member of Executive Committee and Member of Credit Committee
Chief Financial Officer, Deputy Chief Executive Officer and Vice President
Chief Operating Officer and Executive Vice President
President of Finance Group - Anadolu Endustri Holding A S
Age: 55
Executive Vice President of International Financial Institutions
Age: 52
Compensation as of Fiscal Year 2015.

Alternatifbank A.S. Key Developments

Alternatifbank A.S. expected to report Fiscal Year 2015 results on February 11, 2016. This event was calculated by Capital IQ (Created on February 5, 2016).

Alternatifbank A.S. expected to report Fiscal Year 2015 results on February 11, 2016. This event was calculated by Capital IQ (Created on February 5, 2016).

Alternatifbank A.S. Reports Earnings Results for the Year Ended December 31, 2015

Alternatifbank A.S. reported earnings results for the year ended December 31, 2015. For the period, the company delivered a net profit of TRY 95.7 million compared with TRY 139 million for 2014. Net operating income grew by TRY 69 million to TRY 579 million for the year ended 31 December 2015, from TRY 510 million in 2014, mainly due to an increase in net interest income and net fees and commission income.

Alternatifbank Announces Earnings Results for the Nine Months Ended September 30, 2015

Alternatifbank announced earnings results for the nine months ended September 30, 2015. For the period, the company delivered an 18.4% increase in net profit to TRY 116 million compared with TRY 98 million for 2014.

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