Small Business Banking

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• Small Business Loans

Small Business Banking

Aided by the slogan "Your Success is Our Success" the Small Business Banking Unit creates an air of confidence along with comprehensive services and tailor-made solutions for small enterprises. Through a customer-focused approach, Small Business Banking meets client requirements that range from cash management of small businesses to loans, investments and overseas transactions with new and existing products. Solutions are particularly provided towards meeting their financing problems, one of the major difficulties faced by small enterprises.

Small Business Banking provides specially tailored packages to customers in different sectors and regions that cover a variety of products. Small business customers can make use of loans and other banking products within these packaged programs as required by their cash flows. Through the new small business credit rating system put in place at the branches, loan applications are now concluded more rapidly and systematically with less red tape.

Turkish lira cash loan volume reached YTL 7.5 billion, registering an increase of 25% over the previous year. This was achieved as a result of initiatives directed at certain sectors and regions, and other efforts geared toward increasing the small business lending volume.

The Tourism Support Package tailored to meet the requirements of sector with the special loan organized to make the payments at their high season and also we provide insurance services and multi-currency pos for tourism companies.

The Farmer Support Package, to meet the financial requirements of the agricultural sector, provided credit facilities with practical repayment schemes and conditions for farmers, stock farmers and greenhouse vegetable growers.

A Car Dealer Package was developed by determining the banking products used by the existing customers at car dealers. This package was created to introduce and exploit the potential patronage of car dealers’ to become Akbank customers. This package aims to meet the dealers’ cash and non-cash loan requirements.

The Franchise Support Package provides financial support to startup firms and new franchise agents. It was also promoted at sectoral fairs.

Additionally, large groups of customers were reached at Real Sector Meeting attended by associations, foundations, chambers of industry and commerce and manufacturing companies and at various sponsored events throughout Turkey where Small Business Banking products, services and credit products in particular were promoted.

Small Business Banking leads the sector with new innovative products and services like; "Self-Variable Interest Rate Oriented Loan", "King SME Loan" and "Private Reminder" launched last year.

The "SME" Loan with variable interest & installments has the flexibility to modify interests every 3 months in line with the TR libor rates published quarterly by the Turkey Banks Association. It balances customers budget by automatically fluctuating according to the interest rates as they decrease or increase under the current market conditions. In all circumstances, it provides true support to commercial enterprises.

With "King SME Loan" we offer our customers to determine their own interest rate, maturity and payment plan according to their cash flow.

"Private Reminder" is the first in sector which reminds our customers their cheque , biz.card and periodic payments via voice call or sms.

Also, our customers can reach our Internet and Telephone Branch, where they can manage their company accounts and make banking transactions online 7 days 24 hours.