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Turkiye Vakiflar Bankasi TAO (VAKBN.IS)

VAKBN.IS on Istanbul Stock Exchange

3.55TRY
22 Oct 2018
Change (% chg)

-0.07TL (-1.93%)
Prev Close
3.62TL
Open
3.56TL
Day's High
3.63TL
Day's Low
3.48TL
Volume
59,749,902
Avg. Vol
37,759,855
52-wk High
7.73TL
52-wk Low
2.98TL

Latest Key Developments (Source: Significant Developments)

Vakifbank Receives Approval From CMB To Issue Debt Instruments Up To 5.0 Billion Lira
Monday, 24 Sep 2018 

Sept 25 (Reuters) - TURKIYE VAKIFLAR BANKASI ::SAID ON MONDAY RECEIVES APPROVAL FROM CENTRAL MARKETS BOARD(CMB) TO ISSUE DEBT INSTRUMENTS UP TO 5.0 BILLION LIRA .TO ISSUE DEBT INSTRUMENTS IN DOMESTIC MARKETS TO QUALIFIED INVESTORS.  Full Article

Vakifbank Q2 2018 Net Profit Increases To 1.07 Bln Lira YoY
Tuesday, 7 Aug 2018 

Aug 7 (Reuters) - TURKIYE VAKIFLAR BANKASI TAO ::Q2 2018 NET PROFIT OF 1.07 BILLION LIRA VERSUS 896.7 MILLION LIRA YEAR AGO.Q2 2018 NET INTEREST INCOME OF 2.57 BILLION LIRA VERSUS 2.12 BILLION LIRA YEAR AGO.Q2 2018 NET FEE AND COMMISSION INCOME 511.5 MILLION LIRA VERSUS 311.9 MILLION LIRA YEAR AGO.NON-PERFORMING LOANS AT END-JUNE 8.51 BILLION LIRA VERSUS 7.64 BILLION LIRA AT END-DEC. 2017.  Full Article

Vakifbank Applies To Capital Markets Board To Issue Bonds Up To 20.00 Bln Lira To Domestic Investors
Monday, 2 Jul 2018 

July 2 (Reuters) - TURKIYE VAKIFLAR BANKASI TAO ::APPLIES TO CAPITAL MARKETS BOARD TO ISSUE BONDS UP TO 20.00 BILLION LIRA TO DOMESTIC INVESTORS.  Full Article

Vakifbank Gets Securitization Loan in Euro and USD Worth $380 Mln Equivalent In Total
Monday, 7 May 2018 

May 7 (Reuters) - TURKIYE VAKIFLAR BANKASI TAO ::GETS SECURITIZATION LOAN IN EURO AND USD CURRENCIES, AMOUNTING $380 MILLION EQUIVALENT IN TOTAL.TRANSACTION CONSISTS OF 6 SEPARATE TRANCHES, EACH OF THEM HAS 5-YEAR MATURITY.  Full Article

Vakifbank Decides To Acquire Shares Of Vakifbank ESV And Vakifbank OSGV
Thursday, 12 Apr 2018 

April 12 (Reuters) - TURKIYE VAKIFLAR BANKASI TAO ::DECIDES TO PURCHASE SHARES OF VAKIFBANK PENSION FUND (VAKIFBANK ESV) AND VAKIFBANK PRIVATE SOCIAL SECURITY FUND (VAKIFBANK OSGV).PRICES WILL BE SET IN ACCORDANCE WITH THE AVERAGE VALUATION OF FAIRNESS OPINION REPORTS.TO ACQUIRE SHARES OF VAKIFBANK PENSION FUND AND PRIVATE SOCIAL SECURITY FUND IN FOUR OF VAKIFBANK'S SUBSIDIARIES.  Full Article

Vakifbank To Pay Dividend At Gross 0.05 Lira Per Share For FY 2017‍​
Friday, 30 Mar 2018 

March 30 (Reuters) - VAKIFBANK ::PROPOSES TO PAY DIVIDEND AT GROSS 0.05 LIRA PER SHARE FOR FY 2017‍​.  Full Article

Vakifbank Mandates Banks To Issue U.S. Dollar-denominated Eurobond
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - VAKIFBANK ::MANDATES EMIRATES, FIRST ABU DHABI BANK, GOLDMAN SACHS, SG CIB, STANDARD CHARTERED, UNICREDIT AS BOOKRUNNERS.  Full Article

Vakif Reit Signs Loan Agreement Worth 600.0 Mln Lira With Vakiflar Bankasi
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - VAKIF REIT ::SIGNS LOAN AGREEMENT WORTH 600.0 MILLION LIRA WITH ITS PARENT COMPANY VAKIFLAR BANKASI <<>> AS PART OF FINANCING REQUIREMENTS‍​.LOAN TO BE USED AS FINANCING NEED ARISES.  Full Article

Vakifbank Authorizes Head Office To Increase Capital Of Arbil Branch To $50.0 Mln
Monday, 25 Dec 2017 

Dec 25 (Reuters) - VAKIFBANK ::AUTHORIZES HEAD OFFICE TO INCREASE CAPITAL OF ARBIL BRANCH TO $50.0 MILLION.AUTHORIZES HEAD OFFICE TO OPEN NEW BRANCH IN BAGDAT, IRAQ.  Full Article

Vakifbank signs loan agreement worth 80 mln euros with French Development Agency
Monday, 20 Nov 2017 

Nov 20 (Reuters) - VAKIFBANK ::SECURES CREDIT WORTH 80 MILLION EUROS WITH 12 YEARS MATURITY FROM FRENCH DEVELOPMENT AGENCY (AFD).CREDIT INCLUDES 3 YEARS GRACE PERIOD .TO USE CREDIT FOR SUPPORTING RURAL DEVELOPMENT AND AGRICULTURE SECTORS.TO FINANCE MICRO, SMALL AND MEDIUM SIZED COMPANIES AND COOPERATIVES OPERATING IN AGRICULTURE SECTORS .  Full Article

No risk in Turkish public fund buying bank debt - presidential spokesman

ISTANBUL, Oct 3 A spokesman for Turkey's President Tayyip Erdogan said on Wednesday that there is no risk involved in an unemployment insurance fund buying 10.9 billion lira ($1.81 billion) of debt instruments issued by three banks last week.