Türkiye Vakiflar Bankasi Türk Anonim Ortakligi

Istanbul Stock Exchange VAKBN.IS

Türkiye Vakiflar Bankasi Türk Anonim Ortakligi Current Liabilities for the year ending December 31, 2023: USD 50.04 B

Türkiye Vakiflar Bankasi Türk Anonim Ortakligi Current Liabilities is USD 50.04 B for the year ending December 31, 2023, a -13.33% change year over year. Current liabilities are obligations that are expected to be settled within one year, including accounts payable, short-term debt, and other current liabilities.
  • Türkiye Vakiflar Bankasi Türk Anonim Ortakligi Current Liabilities for the year ending December 31, 2022 was USD 57.74 B, a 100.37% change year over year.
  • Türkiye Vakiflar Bankasi Türk Anonim Ortakligi Current Liabilities for the year ending December 31, 2021 was USD 28.82 B, a -14.22% change year over year.
  • Türkiye Vakiflar Bankasi Türk Anonim Ortakligi Current Liabilities for the year ending December 31, 2020 was USD 33.59 B, a 57.44% change year over year.
  • Türkiye Vakiflar Bankasi Türk Anonim Ortakligi Current Liabilities for the year ending December 31, 2019 was USD 21.34 B, a 3.52% change year over year.
Key data
Date Current Liabilities Total Non-Current Liabilities Shareholders' Equity Long-Term Debt
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Istanbul Stock Exchange: VAKBN.IS

Türkiye Vakiflar Bankasi Türk Anonim Ortakligi

CEO Mr. Abdi Serdar Ustunsalih
IPO Date Nov. 21, 2005
Location Turkey
Headquarters Saray Mahallesi
Employees 18,579
Sector Finance
Industries
Description

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. As of December 31, 2021, the company operated a network of 936 branches in Turkey, as well as 4 foreign branches located in New York, Bahrain, Qatar, and Erbil. Türkiye Vakiflar Bankasi Türk Anonim Ortakligi was founded in 1954 and is headquartered in Istanbul, Turkey. Türkiye Vakiflar Bankasi Türk Anonim Ortakligi is a subsidiary of Ministry of Treasury and Finance.

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StockViz Staff

January 15, 2025

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