Akbank DPR 2

completed

Akbank T.A.S. (“Akbank” or the “Bank”) is one of the leading banks in Turkey with approx. US$93 billion in consolidated assets as of June 30th, 2016. Incorporated in 1948, the Bank is 48.9 percent owned by H.Ö. Sabancı Holding, affiliated Institutions and Individuals, and has 51.1 percent free float as at June 2016. It provides financial solutions to its customers leveraging its capital base, diversified funding base, strong liquidity and asset quality, together with its non-banking subsidiaries: Ak Asset Management, Ak Investment and Ak Lease.The Bank serves its consumer and corporate clients with a strong and extensive distribution network that utilizes both traditional and digital channels through:~ 14,000 Employees~ 900 BranchesConsumer and Corporate Internet BranchesThe Telephone Banking Center~ 4,200 ATMs~ 420,000 POS TerminalsThe proposed project will make available a financing of up to US$250 million for the purchase of new Diversified Payment Right (“DPR”) notes to be issued by A.R.T.S. Ltd., a public limited company incorporated under the laws of Jersey (the “IFC Investment”), the proceeds of which issuance will accrue to Akbank. The proposed IFC investment will allow Akbank, a long standing partner of IFC, to raise longer term funding to support its lending operations to micro, small and medium enterprises (“MSMEs”) in Turkey (the “Project”).