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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.