Alternatif Bank

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Alternatifbank A.Ş.
Public
Traded as BİST: ALNTF
Industry Finance and Insurance
Founded Istanbul, Turkey 1991
Headquarters Istanbul, Turkey
Number of locations
65 Branches (2012) in Turkey
Area served
Turkey
Key people
Tuncay Özilhan, Chairman
Hamit Aydoğan, CEO
Murat Arığ[1]
Products Banking
Investment banking
Investment management
Parent Anadolu Grubu
Website www.abank.com.tr

Abank (Alternatifbank A.Ş.) was founded in 1991 by the Doğan Grubu and was enlisted in 1995 with 20% of its shares at the Istanbul Stock Exchange. In 1996, 80% the bank was acquired by Anadolu Grubu, later the share of the group rose to 96%.[2]

In 2006, Alpha Bank, a Greek bank, proposed to acquire roughly half of Abank's shares.[3][4]

The group was eventually acquired by Commercial Bank of Qatar on 18 July 2013 and renamed ABank.[5]

References

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  5. http://wwweng.abank.com.tr/eng/investor-relations


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