Turkey’s third largest private lender by
assets, Akbank, has plans of opening 70 new branches and recruit
1,000 more people across Turkey in 2012.

Akbank had opened 35 new branches in turkey in
2011 and plans to add 70 more across the country over the course of
the year. The lender currently employs over 15,000 people in

According to the general manager of Akbank,
Hakan Binbaşgil, the amount of loans that banks in Turkey extends
to people is expected to grow by 15% in 2012, and Akbank’s growth
prospects are likely to be better than the sector’s average.

Akbank has a domestic distribution network of
912 branches and over 3,000 ATMs.