Description: Türkiye Vakiflar Bankasi Türk Anonim Ortakligi, together with its subsidiaries, provides corporate, commercial, small business, retail, and investment banking services in Turkey and internationally. It offers time and demand deposits, accumulating accounts, repos, spot loans, foreign currency indexed loans, consumer loans, automobile and housing loans, working capital loans, discounted bills, overdraft facilities, gold loans, foreign currency loans, Eximbank loans, pre-export loans, ECA covered financing, letters of guarantee, letters of credit, export factoring, acceptance credits, and draft facilities. The company also provides forfeiting, leasing, forwards, futures, salary payments, investment accounts, cheques, safety boxes, tax collections, bill payment, and payment order services, as well as insurance products. In addition, it offers foreign trade transactions, cash management, factoring, credit cards, investment products, leasing, and other banking products to its corporate, commercial, and retail customers. Further, the company provides small business banking services, including overdraft accounts, POS machines, credit cards, cheque books, TL and foreign currency deposits, Internet banking and call-center, debit card, and bill payment to enterprises in retail and service sectors. Additionally, it offers capital market transactions; issues capital market tools; purchases and sells marketable securities; and provides investment consultancy and portfolio management services, as well as invests in marketable debt and equity securities, and gold and other precious metals. As of December 31, 2021, the company operated a network of 936 branches in Turkey, as well as 4 foreign branches located in New York, Bahrain, Qatar, and Erbil. Türkiye Vakiflar Bankasi Türk Anonim Ortakligi was founded in 1954 and is headquartered in Istanbul, Turkey. Türkiye Vakiflar Bankasi Türk Anonim Ortakligi is a subsidiary of Ministry of Treasury and Finance.
Home Page: www.vakifbank.com.tr
Saray Mahallesi
Istanbul,
34768
Turkey
Phone:
90 216 724 10 00
Officers
| Name | Title |
|---|---|
| Mr. Abdi Serdar Ustunsalih | CEO, GM & Exec. Director |
| Mr. Korhan Turgut | Head of Accounting & Financial Affairs |
| Mr. Ali Tahan | Sr. VP and Head of International Banking & Investor Relations |
| Mr. Ramazan Siryol | Head of Compliance and Regulation Department |
| Mr. Mikail Hidir | Chief Legal Counsel and Exec. VP of Legal & Liquidation |
| Mr. Ferkan Merdan | Exec. VP of Digital Banking, Customer Experience & Corp. Communication |
| Mr. Muhammet Lutfu Celebi | Exec. VP of HR and Corp. Devel. |
| Dr. Metin Recep Zafer | Exec. VP of IT Technologies and Operations |
| Mr. Alaattin Simsek | Exec. VP of Corp., Commercial, SME & Retail Banking Marketing |
| Mr. Suayyip Ilbilgi | Exec. VP of Financial Management, Strategy and Subsidiaries |
Exchange: IS
Country: TR
Currency: Turkish lira (₺)
| GIC Sector: | Financials |
|---|---|
| GIC Group: | Banks |
| GIC Industry: | Banks |
| GIC Sub-Industry: | Diversified Banks |
| Forward PE: | 3.1959 |
|---|---|
| Trailing PE: | 3.0092 |
| Price-to-Book MRQ: | 0.8275 |
| Price-to-Sales TTM: | 1.6672 |
| IPO Date: | 2005-11-18 |
| Fiscal Year End: | December |
| Full Time Employees: | 16850 |