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16

A&T BANK ANNUAL REPORT 2014

The agreement on the

establishment of a joint bank

between Libya and Turkey was

signed in Tripoli, Libya.

1975

Arab-Turkish Bank

was founded within the

framework of the 1975

agreement.

1977

Bank’s subsidiary

A&T Finansal

Kiralama A.Ş. was

established to carry out

leasing operations.

1997

A&T Bank became one of the

first banks in Turkey to perform

international money-market

transactions and foreign-exchange

operations. It was also one of the few

banks in the country to finance export

transactions to North Africa and

Middle East countries.

1980s

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.

2008

The Turkish economy faced the most

destructive twin financial crises of its history

at the beginning of the 2000s. The number of

banks in Turkey decreased from 79 to 48 in this

period. Thanks to its strong capital structure, effective

management and the full support of its main shareholder,

A&T Bank was not affected by this severe financial turmoil.

In addition, by using its ability to access external sources,

and injecting them into the financial system, the Bank

continued to fulfill its duty of supporting the economy,

thereby successfully emerging from this very

difficult period, while extending its sustainable

growth trajectory.

2000-2005

Milestones

With strong business relationships in North Africa

and the Middle East built up over 37 years,

A&T Bank aims to uphold its mission of linking

Turkey to that region.