Page 35 - A&T_BANK_FRAE_2013

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GENERAL INFORMATION
50
CORPORATE MANAGEMENT
67
FINANCIAL INFORMATION
A&T BANK 2013 ANNUAL REPORT
Financial Institutions
By looking for alternative
markets and products, A&T Bank
successfully completed the activity
period of 2013 in terms of its
foreign trade activities as well.
A&T Bank sustains its effective position in the field of foreign
trade transactions by virtue of its broadening and strengthening
network of correspondent banks and financial institutions.
Primarily intermediating trade transactions between Turkey
and the countries in which its reputable shareholders and their
regional correspondents operate, the Bank continues to offer
its customers a high standard of banking products and services.
With a network of about 400 correspondent banks as of the end
of 2013, A&T Bank is open for improvement and change in this
field in accordance with its customers’ needs and economic
requirements.
Throughout the year of 2013, various country and
correspondent bank visits were made to present A&T Bank in
international markets, to convey information on developments
and to strengthen relations. In line with its clients’ necessities
and demands as well as developments in the global markets,
new relations were set with correspondent banks and
international institutions. Thereby, the product and service
diversity of the Bank was increased. In addition to North Africa
market, where it has actively operated for 36 years, A&T Bank
also strengthened its correspondent bank relations with Sub-
Saharan African countries and hence increased its niche market
share. As of the end of 2013, trade volume that A&T Bank
intermediated reached the target level at US dollar 2.4 billion
and exceeded the level achieved at the end of 2012, US dollar
2.3 billion.
In 2014, A&T Bank targets to broaden its existing
correspondent network and thus offer services that are more
qualified to its customers meeting their changing needs and
expectations as well as considering the requirements of the
global market. Aiming at providing new alternatives to its clients
through innovative and customer oriented solutions, A&T Bank
will continue to focus on tighter cooperation possibilities with
correspondent banks and financial institutions.
alternative
markets and
products