TÜRKİYE VAKIFLAR BANKASI T.A.O.

Business Focus

retail and business banking

Founded in 1954, Türkiye Vakiflar Bankası (Vakifbank) is universal bank providing retail, private, corporate and investment banking products and services to individuals, SMEs, companies and institutions. Türkiye Vakiflar Bankası also offers expat and international banking.

Bank Category

Public Commercial Banks

Ways to Bank

TÜRKİYE VAKIFLAR BANKASI T.A.O. delivers its products and services through both direct and indirect channels, namely:
branch
online banking

Common Shares

Listed Entity
TÜRKİYE VAKIFLAR BANKASI T.A.O.
Stock Exchange
Borsa IstanbulBorsa Istanbul (XIST)
Ticker
TVB

See Also

Financials

Total Assets of TÜRKİYE VAKIFLAR BANKASI T.A.O.
Net_income of TÜRKİYE VAKIFLAR BANKASI T.A.O.
Market Share of TÜRKİYE VAKIFLAR BANKASI T.A.O.
Total Assets (2019)
419.43 bln TRL  (+26.58%)
Net Income (2018)
4,154.32 mln TRL  (+11.57%)

TÜRKİYE VAKIFLAR BANKASI T.A.O. is the 4th largest bank in Turkey in terms of total assets. In 2019 its total assets were 419,43 bln TRL, providing the bank with the market share of 9.98%. In 2018 the bank's net income was 4 154,32 mln TRL.

Credit Ratings

Fitch: B+
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: B1
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

TÜRKİYE VAKIFLAR BANKASI T.A.O. is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is B+ (highly speculative). Long-term credit rating assigned to the bank by Moody's is B1 (highly speculative).

Deposit Guarantee

Guarantee Fund
Savings Deposit Insurance Fund (SDIF)Savings Deposit Insurance Fund (SDIF)
Protected Amount
up to 100,000 TRL
Eligible Depositors
natural persons (Turkish and foreign)
Covered Accounts
private current accounts
participation accounts
precious metals accounts

TÜRKİYE VAKIFLAR BANKASI T.A.O. participates in the deposit guarantee scheme of Turkey. This deposit guarantee scheme applies to private current accounts, participation accounts, precious metals accounts made by natural persons (Turkish and foreign) and covers up to up to 100,000 TRL per bank per depositor. TÜRKİYE VAKIFLAR BANKASI T.A.O. is a member of Savings Deposit Insurance Fund (SDIF) and makes its contributions into it.

Contacts

SULTAN SELİM MAHALLESİ ESKİ BÜYÜKDERE CADDESİ NO:59 KAĞITHANE/İSTANBUL, Turkey
(212) 398 15 15
(212) 398 11 55

Social Networks

TÜRKİYE VAKIFLAR BANKASI T.A.O. has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
TVBATR2A
Bank Sort Code
0015
LEI
789000KAIHOLSQKQ9858

Bank Supervision

Supervised By
Central Bank of the Republic of Turkey
Reference Number
776444

TÜRKİYE VAKIFLAR BANKASI T.A.O. is authorized and supervised by the Central Bank of the Republic of Turkey (reference number 776444).

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TÜRKİYE HALK BANKASI A.Ş. Logo TÜRKİYE HALK BANKASI A.Ş.
retail and corporate banking

See Also

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