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14 A&T BANK ANNUAL REPORT 2015
TURKEY’S DOOR TO
NORTH AFRICAN
COUNTRIES
ABOUT A&T BANK
A&T Bank was established in 1977
in accordance with the agreement
between Libya and Turkey
regarding the establishment of a
joint bank, which was signed in
Tripoli, Libya on August 11, 1975
to foster trade between the two
countries.
The Bank is 62.37% Libyan-owned,
36.01% Turkish-owned and 1.62%
Kuwaiti-owned. The Libyan Foreign
Bank, a fully-owned subsidiary of
the Libyan Central Bank, holds all
the Company’s Libyan shares, while
Türkiye İş Bankası A.Ş. and T.C.
Ziraat Bankası A.Ş., Turkey’s two
largest banks in asset terms, hold
20.58% and 15.43%, respectively,
with the Kuwait Investment
Company holding the remaining
1.62%. The Bank is headquartered
in Istanbul.
As of year-end 2015, A&T Bank had
291 employees and seven branches
in five cities across Turkey: three in
Istanbul and one each in Ankara,
Gaziantep, Kayseri and Konya.
Since its founding in 1977, A&T
Bank has specialized in facilitating
trade between Turkey and the
countries of the Africa and Middle
East region, primarily for Turkey
and North Africa. A&T Bank
significantly contributes to industrial
and commercial development
of Turkey by means of various
facilities, including financing for the
exporters operating in the region,
funds obtained from abroad,
treasury operations and loans
allocated. Additionally, the Bank
also provides support to industrial
and commercial development
through its subsidiary, A&T Finansal
Kiralama A.Ş. For 38 years, A&T
Bank’s founders and employees
have built banking and business
relationships, expertise and
know-how across the region,
achieving steady, prudent growth
and establishing A&T Bank as the
go-to player in this attractive,
high-margin market. With a
network of approximately 400
correspondent banks around the
world, A&T Bank aims to sustain its
traditional mission of linking Turkey
to the region.
For 38 years, A&T Bank’s founders and employees have built
banking and business relationships, expertise and know-how across
the region, achieving steady, prudent growth and establishing A&T
Bank as the go-to player in this attractive, high-margin market.