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. The company was founded in 1954 and is headquartered in Istanbul, Turkey.
| 25.52 | |
| 24.9 | |
| - | |
| 25.74 | |
| 24.78 | |
| 11.96-25.74 | |
| 253 054 M | |
| 4.6998 | |
| 9 916 M | |
| 118 541 M | |
| 1.194 | |
| 0.177 |
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Net Income: TRY7.2 billion for Q2 2024; TRY19.2 billion for H1 2024. Return on Average Equity (ROAE): 21.2% for H1 2024, up from 9% in H1 2023. Core Banking Revenue: TRY57.5 billion for H1 2024, up 22...
(Bloomberg) -- Turkish authorities are stepping up measures to provide support for equities ahead of a planned resumption of trading on the stock exchange on Wednesday, according to an official with d...
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