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1975
The agreement on
the establishment
of a joint bank
between Libya and
Turkey was signed
in Tripoli, Libya.
1977
Arab-Turkish Bank
was founded
within the
framework of the
1975 agreement.
1997
Bank’s subsidiary
A&T Finansal
Kiralama A.Ş. was
established to
carry out leasing
operations.
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.
1980s
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.
2000-2005
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.
A&T BANK ANNUAL REPORT 2015
16
MILESTONES