Page 19 - A&T BANK ANNUAL REPORT 2012

17 A&T BANK ANNUAL REPORT 2012 •
2008
The Bank defined a new strategy to reposition itself in the
Turkish banking industry and increased its paid-in capital by
485.4%, from TL 41 million to TL 240 million.
2009
The Bank was restructured and reinvigorated, with new
branches opening in Kayseri, Konya and Gaziantep in
accordance with its strategy of leveraging and promoting
closer ties between Turkish companies and their
counterparts in the MENA region. The new corporate name
and rebranded identity were communicated to the public via a
nationwide launch campaign.
2010-2011
Growth and high profitability were maintained, despite
adverse events in the target market, Libya and other North
Africa countries. The Bank achieved year-on-year growth of
103% in its net profit to reach TL 48.1 million, taking place in
the forefront with its return on equity ratio of 15.72%.
Palm Jumeriah, Dubai-United Arab Emirates
2012
The Bank opened its seventh branch in Güneşli, Istanbul.
Substantial progress was achieved in line with the target
of sustainable and healthy growth. The Bank capped the
year with a return on equity ratio of 16.58%, exceeding the
industry average rate of 15.77%.
16