Albaraka Türk Katilim Bankasi A.S.

Istanbul Stock Exchange ALBRK.IS

Albaraka Türk Katilim Bankasi A.S. Operating Income for the year ending December 31, 2023: USD 324.20 M

Albaraka Türk Katilim Bankasi A.S. Operating Income is USD 324.20 M for the year ending December 31, 2023, a 129.81% change year over year. Operating income is the profit earned by a company from its normal business operations before interest and taxes are deducted.
  • Albaraka Türk Katilim Bankasi A.S. Operating Income for the year ending December 31, 2022 was USD 141.07 M, a 487.49% change year over year.
  • Albaraka Türk Katilim Bankasi A.S. Operating Income for the year ending December 31, 2021 was USD 24.01 M, a -52.32% change year over year.
  • Albaraka Türk Katilim Bankasi A.S. Operating Income for the year ending December 31, 2020 was USD 50.37 M, a 155.16% change year over year.
  • Albaraka Türk Katilim Bankasi A.S. Operating Income for the year ending December 31, 2019 was USD 19.74 M, a -95.14% change year over year.
Key data
Date Operating Income EBIT EBITDA Net Income
Market news
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Istanbul Stock Exchange: ALBRK.IS

Albaraka Türk Katilim Bankasi A.S.

CEO Mr. Malek Khodr Temsah
IPO Date June 29, 2007
Location Turkey
Headquarters Saray Mahallesi
Employees 2,750
Sector Finance
Industries
Description

Albaraka Türk Katilim Bankasi A.S. provides various banking products and services. It offers profitable, current, foreign currency, gold participation, housing, marriage, participation, Hajj/Umrah, and bill payment accounts; housing, vehicle, house rent, timesharing, timeshare vacation, Hajj and Umrah, dental health, education, dormitory, wedding organization, natural gas conversion, land and workplace, and Sukuk guaranteed financing products; and credit, business, and bank cards. The company also provides private pension products; personal accident, education, vehicle, critical illness, health, travel health, agriculture, fire, yacht and boat, natural disaster, traffic, employer financial liability, electronic device, construction and leasing all risk, installment, cash and assets, highway transportation liability, and compulsory highways transportation financial liability insurance products; bill payment, money transfer, safe deposit box; and finance leasing services. In addition, it offers cash credits, such as corporate finance support, export and project financing, dealer financing, credit guarantee funds, and credit invoice; non-cash credits, including letters of guarantee and credit, acceptance credit, and reference letters; and cash management services that comprise direct debiting, fuel management, and supplier payment systems, cheques and promissory notes, POS and member merchant services, and accounting integration. Further, the company provides foreign trade transaction services; and Internet, mobile, phone, and ATM banking services. As of December 31, 2021, it operated through 229 local branches and 2 foreign branches in Turkey. The company was incorporated in 1984 and is headquartered in Ümraniye, Turkey.

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StockViz Staff

January 15, 2025

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