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.
TÜRKİYE VAKIFLAR BANKASI T.A.O. is the 6th largest bank in Turkey in terms of total assets. In 2018 its total assets were 331,36 bln TRL, providing the bank with the market share of 9.06%. In 2018 the bank's net income was 4 154,32 mln TRL.
TÜRKİYE VAKIFLAR BANKASI T.A.O. is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is BB+ (speculative). Long-term credit rating assigned to the bank by Moody's is Ba3 (non-investment grade speculative).
TÜRKİYE VAKIFLAR BANKASI T.A.O. participates in deposit guarantee scheme of Turkey. This scheme covers accounts up to 100,000 TRL per bank per depositor.