CEE’s best bank 2016: Akbank

Awards for Excellence 2016

Results index

In dramatic contrast to its increasingly regressive politics, Turkey’s banking sector remains among the most advanced and sophisticated in the developing markets. Over the past 15 years, a combination of high profitability and outstanding growth opportunities in a relatively open market has fuelled intense competition between the country’s lenders.

As a result, leading private sector players Akbank, Garanti Bank and Isbank – and even second-tier houses such as Yapi Kredi, Vakifbank and Sekerbank – have been at the forefront of innovation in terms of technology, risk management and funding.