Banker magazine selects Yapi Kredi as Best Turkish Bank

The Banker magazine has chosen Yapi Kredi as the 2009 Bank of the Year in Turkey. Yapi Kredi said the magazine had evaluated banks based on their financial performance and competitive position during 2009. Yapı Kredi was chosen for the award for its rising profitability as well as its strong capital, successful fiscal management and implementation of risk policies, technology, development of human resources, and customer satisfaction. The Banker presented the award to Yapi Kredi CEO Faik Acikalin in a ceremony in London. In 2007 Yapi Kredi was also The Banker's Bank of the Year for Turkey.