About Us
VakifBank was established with an initial capital of 50 YTL on 11th January 1954 and started operating on April 13, 1954 for the purposes of best utilizing the foundational monies and incomes, contributing to the savings of the country with the management and operation understanding meeting the requirements of modern banking, and protecting the collected savings and utilizing them according to the requirements of the economic development.
At the end of 2007, VakifBank has been the sixth largest bank of Turkey in terms of asset size. The Bank continuing its works and avtivities towards the progress, growth and development of the country's economy and integration of it with the world economy since its very first date of foundation is subject to and governed by the provisions of private law.
VakifBank is one of the leading “multi-specialist” banks in Turkey. The modern banking products and services that it offers cover not only corporate, commercial and small-scale enterprise banking, but also the retail and private banking sectors. Being engaged in investment banking and capital market activities in addition to the basic banking products and services, VakifBank offers the full range of financial products required in this era via state of the art technology including, but not limited to underwriting, financial leasing and factoring services, etc. by means of its financial participations.
VakifBank has been reaching out its corporate and individual customers in a most efficient manner through its internet branches, telephone banking branch 2.100 ATM’s and 87.581 units of POS that constitute its alternative distribution channels as well as 421 branches spread throughout the country and undertaking a leading role in the financing of domestic and foreign trade. VakifBank has two international offices located in New York and Bahrain and it also has participation in Austria named VakifBank International AG which has branches in Vienna, Cologne and Frankfurt.
