Stock VAKBN TÜRKIYE VAKIFLAR BANKASI TÜRK ANONIM ORTAKLIGI
Add to a list
To use this feature you must be a member
Log inSign up

Company Türkiye Vakiflar Bankasi Türk Anonim Ortakligi

Equities

VAKBN

TREVKFB00019

Banks

Market Closed - Borsa Istanbul
Other stock markets
 11:09:30 2024-05-03 am EDT 		5-day change 1st Jan Change
19.87 TRY -2.21% Intraday chart for Türkiye Vakiflar Bankasi Türk Anonim Ortakligi +2.69% +54.75%
Mar. 27 Russia struggles to collect oil payments as China, UAE, Turkey raise bank scrutiny RE
Feb. 16 Türkiye Vakiflar Bankasi Türk Anonim Ortakligi Reports Earnings Results for the Full Year Ended December 31, 2023 CI

Business Summary

Turkiye Vakiflar Bankasi TAO is a Turkey-based company, which provides a range of banking products and services. It offers its products and services through its corporate, commercial and Small and Medium Enterprises (SME) banking, as well as through its retail and private banking business lines. The Bank is also active in investment banking and capital markets, as well as provides a range of financial services including insurance, financial leasing and factoring through its financial subsidiaries. Its banking products include: time and demand deposit, accumulating account, repos, overdraft facilities, spot loans, foreign currency indexed loans, consumer loans, automobile and housing loans, working capital loans, discounted bills, foreign currency loans, pre-export loans, letters of guarantee, letters of credit, export factoring, acceptance credits, leasing, insurance, futures, salary payments, investment account, bill payments, tax collections and payment orders, among others.

Number of employees: 17,263

Sales per Business

TRY in Million2022Weight2023Weight Delta
Treasury and Investment Operations
81.3 %
66,733 65.0 % 116,944 81.3 % +75.24%
Other and Undistributed
32.0 %
10,957 10.7 % 46,006 32.0 % +319.87%
Retail Banking
-27.0 %
2,566 2.5 % -38,780 -27.0 % -1,611.31%
Corporate/Commercial Banking
13.6 %
22,388 21.8 % 19,599 13.6 % -12.46%

Sales per region

TRY in Million2022Weight2023Weight Delta
Turkey
100.0 %
102,644 100.0 % 143,769 100.0 % +40.07%

Managers

Managers TitleAgeSince
Abdi Serdar Üstünsalih CEO
 Chief Executive Officer 61 90-12-31
Mustafa Saydam CHM
 Chairman 58 92-12-31
Metin Recep Zafer COO
 Chief Operating Officer - 06-06-12
Sahin Ugur BRD
 Director/Board Member - 93-12-31
Ali Tahan IRC
 Investor Relations Contact - -
Suekrue Mete Tepegoez PRN
 Corporate Officer/Principal - 18-12-31
Kadir Karatas PRN
 Corporate Officer/Principal 52 20-08-12
Arzu Sahin SAM
 Sales & Marketing 48 97-12-31
Ahmet Yilmaz SAM
 Sales & Marketing 54 94-12-31
Ismail Murat Turgut PRN
 Corporate Officer/Principal 55 18-08-31

Members of the board

Members of the board TitleAgeSince
Adnan Ertem BRD
 Director/Board Member 59 10-10-27
Sahin Ugur BRD
 Director/Board Member - 93-12-31
Mustafa Saydam CHM
 Chairman 58 92-12-31
Haydar Kemal Kurt BRD
 Director/Board Member 61 22-03-24
Abdi Serdar Üstünsalih CEO
 Chief Executive Officer 61 90-12-31
Cemil Ragip Ertem BRD
 Director/Board Member - 18-08-12
Abdülkadir Aksu BRD
 Director/Board Member 80 19-05-26
Sadik Yakut BRD
 Director/Board Member 68 19-05-26

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 9,915,922,000 1,037,268,032 ( 10.46 %) 0 10.46 %

Shareholders

NameEquities%Valuation
Government of Turkey
85.63 %
8,490,980,163 85.63 % 3 821 M ₺
T Vakifbank Mem Ve Hiz Yard Sandigi Vakfi
4.060 %
402,552,666 4.060 % 181 M ₺
BN Securities AB
0.0425 %
4,218,771 0.0425 % 2 M ₺
Fiera Capital (UK) Ltd.
0.0333 %
3,299,066 0.0333 % 1 M ₺
State Street Global Advisors Ltd.
0.0208 %
2,059,061 0.0208 % 926 680 ₺
BNP PARIBAS ASSET MANAGEMENT Netherlands NV
0.0126 %
1,244,929 0.0126 % 560 280 ₺
IS Portfoy Yonetimi AS
0.0123 %
1,223,128 0.0123 % 550 469 ₺
Sanlam Investment Management (Pty) Ltd.
0.0121 %
1,199,249 0.0121 % 539 722 ₺
Sjunde AP-fonden
0.0106 %
1,053,911 0.0106 % 474 313 ₺
Blackfriars Asset Management Ltd.
0.009076 %
900,000 0.009076 % 405 045 ₺

Holdings

NameEquities%Valuation
VAKIF GAYRIMENKUL YATIRIM ORTAKLIGI
53.77%
 1,586,226,837 53.77% 96,585,352 $
TÜRKIYE SINAI KALKINMA BANKASI
8.38%
 234,569,493 8.38% 61,558,072 $
VAKIF FINANSAL KIRALAMA
18.98%
 379,500,000 18.98% 31,790,715 $

Company contact information

Türkiye Vakiflar Bankasi TAO

Finanskent Mahallesi Finans Caddesi No: 40/1, Ümraniye

06683, Istanbul

+90 216 724 10 00

http://www.vakifbank.com.tr
address Türkiye Vakiflar Bankasi Türk Anonim Ortakligi(VAKBN)

Group companies

NameCategory and Sector
TÜRKIYE SIGORTA
Multi-Line Insurance
VAKIF FINANSAL KIRALAMA
Finance/Rental/Leasing
VAKIF GAYRIMENKUL YATIRIM ORTAKLIGI
Real Estate Investment Trusts
Turkiye Vakiflar Bankasi (New York)
Logo Turkiye Vakiflar Bankasi (New York)

Turkiye Vakiflar Bankasi (New York)

Regional BanksFinance

Turkiye Vakiflar Bankasi (New York) is an American company ultimately controlled by the Government of Turkey. The private company is located in the US.

Regional Banks
Vakif Yatirim Menkul Degerler AS
Logo Vakif Yatirim Menkul Degerler AS

Vakif Yatirim Menkul Degerler AS

Investment Banks/BrokersFinance

VAKIF YATIRIM MENKUL DEGERLER AS is engaged in trading brokerage operations, retail operations, portfolio management, investment consulting operations, brokerage IPO underwriting by the intermediary activities and limited storage services. The company was founded on November 1996 and is headquartered in Istanbul, Turkey.

Investment Banks/Brokers
VakifBank International AG
Vakif Faktoring AS
Logo Vakif Faktoring AS

Vakif Faktoring AS

Finance/Rental/LeasingFinance

Vakif Faktoring AS provides factoring services and is ultimately controlled by the Government of Turkey. The private company is based in Istanbul, Turkey.

Finance/Rental/Leasing
Vakif Emeklilik ve Hayat AS Pera 1 Degisken Grup Emeklilik
Investment Trusts/Mutual Funds
Vakif Portföy Eurobond (Amerikan Dolari) Borçlanma Araçlari
Investment Trusts/Mutual Funds

Sector

Financials
Banking & Investment Services
Banking Services
Banks
Other Banks

Sales per Business

Ratings for Türkiye Vakiflar Bankasi Türk Anonim Ortakligi

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
12
Last Close Price
19.87 TRY
Average target price
19.55 TRY
Spread / Average Target
-1.59%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Banks

1st Jan change Capi.
TÜRKIYE VAKIFLAR BANKASI TÜRK ANONIM ORTAKLIGI Stock Türkiye Vakiflar Bankasi Türk Anonim Ortakligi
+54.75% 6.09B
JPMORGAN CHASE & CO. Stock JPMorgan Chase & Co.
+12.00% 547B
BANK OF AMERICA CORPORATION Stock Bank of America Corporation
+10.60% 291B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED Stock Industrial and Commercial Bank of China Limited
+12.04% 250B
WELLS FARGO & COMPANY Stock Wells Fargo & Company
+21.78% 210B
BANK OF CHINA LIMITED Stock Bank of China Limited
+17.11% 171B
CHINA CONSTRUCTION BANK CORPORATION Stock China Construction Bank Corporation
+11.40% 169B
HSBC HOLDINGS PLC Stock HSBC Holdings plc
+11.01% 164B
ROYAL BANK OF CANADA Stock Royal Bank of Canada
+3.27% 143B
HDFC BANK LIMITED Stock HDFC Bank Limited
-11.10% 139B
Other Banks
  1. Stock Market
  2. Equities
  3. VAKBN Stock
  4. Company Türkiye Vakiflar Bankasi Türk Anonim Ortakligi