Vakif Leasing

Vakıf Finansal Kiralama A.S., known as Vakif Leasing, is a financial leasing company founded in 1988 as an affiliate of Turkiye Vakiflar Bankasi (VakifBank). Headquartered in Umraniye, Istanbul, the company has had its shares traded on the exchange since 1991; today its Borsa Istanbul ticker is VAKFN.

In financial leasing, ownership of the investment asset remains with the leasing company; the right to use it is given to the business in return for pre-agreed lease payments, and at the end of the contract ownership can pass to the lessee through a purchase option. Using this method, Vakif Leasing provides medium- and long-term financing in Turkish lira and foreign currency for investments such as machinery, equipment, vehicles and real estate. The company counts flexible lease payment plans that suit businesses' cash flows among the advantages of this model.

For VAKFN shares, interest rate and exchange rate developments, the real sector's appetite for investment, loan growth and non-performing receivables are the topics followed. On Lzzo.com, you can view the stock's price chart over different time ranges, check the technical indicator summary and reach the list of similar companies in the financial sector.