Akbank, one of the most important companies of the Turkish banking industry, was founded in Adana in 1948. cotton production and trade directly linked.

Now let’s travel back in time to take a closer look at Akbank’s founding story Let’s go to the 1940s…

In those years, Çukurova in particular had an important place in cotton production.

Although cotton production in the Çukurova region had great potential in the 1940s, producers lacked financing. at high costs and they could not market their products.

The goal of the Sabanci family, i.e. the founders of Akbank, was to do something about this issue: Provide support and facilitate the financing of agricultural activities.

Akbank’s founders included Adana’s leading industrialists and businessmen. Most, trade and production of cotton was directly related to it.

Hacı Ömer Sabancı in particular played a crucial role in the establishment of Akbank. Sabanci family in Çukurova region with the cotton trade worked hard and contributed to the local economy.

It was no coincidence that the bank was established in Adana.

Akbank was initially established to meet the financing needs of cotton producers and traders engaged in the cotton trade. a regional bank was put into operation.

As some of you may know, Adana, Turkey It was in Çukurova, one of the most productive agricultural areas and cotton were very important to the regional economy.

Akbank had become the mainstay for financing the cotton trade.

Loans provided by Akbank to farmers; It was not just limited to cotton production. It also had a place in the overall economic development of that region. Akbank has succeeded in accelerating production processes by meeting the financing needs of cotton producers development of the Çukurova region as long as.

Since the 1950s, Akbank has grown rapidly not only in the Adana and Çukurova region, but also in throughout Turkey It also became an important financial institution.

Naturally, the Sabanci family was the most important factor in Akbank’s rise. In Turkey industry and banking They were non-stop active in their field and contributed to the growth of Akbank.

In the 1960s, Akbank became a national bank.

Akbank Foundation based on cotton producers; It paved the way for the bank to later become active in industry, commerce and other sectors. In this process The vision of the Sabanci family, He enabled Akbank to become one of the largest private banks in Turkey.

Today Akbank, to maintain its place among the established financial institutions continues.

Other founding stories that may interest you: