Turkiye Vakiflar Bankasi

Turkiye Vakiflar Bankasi T.A.O., widely known as VakıfBank, is a deposit bank founded in 1954. It is headquartered at the Finance Center in Umraniye, Istanbul, and its main shareholders are the Turkey Wealth Fund and the Ministry of Treasury and Finance. Its shares trade on Borsa Istanbul under the ticker VAKBN.

The bank provides services in retail lending, card payments, SME and commercial finance, corporate banking, foreign trade transactions and treasury activities. Affiliates such as leasing, factoring, investment and asset management companies are also part of the group structure. The bank also conducts international banking operations through its branches and affiliates abroad.

Those assessing VAKBN shares follow policy rate decisions, loan growth, funding costs, asset quality and capital adequacy; for state-owned banks, capital increases and regulatory decisions are also on the agenda. On Lzzo.com, the VakıfBank page includes a chart of price history, technical indicators and a section for comparison with other bank stocks.