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Turkiye Vakiflar Bankasi TAO (VAKBN.IS)

VAKBN.IS on Istanbul Stock Exchange

5.90TRY
21 May 2018
Change (% chg)

0.26TL (+4.61%)
Prev Close
5.64TL
Open
5.69TL
Day's High
5.90TL
Day's Low
5.69TL
Volume
14,376,092
Avg. Vol
11,268,921
52-wk High
7.73TL
52-wk Low
5.38TL

Latest Key Developments (Source: Significant Developments)

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

Vakifbank mandates banks for dollar-denominated bond issue
Tuesday, 23 May 2017 

May 23 (Reuters) - TURKIYE VAKIFLAR BANKASI TAO ::MANDATES BANKS FOR AN ISSUANCE OF U.S. DOLLAR-DENOMINATED EUROBOND TO INTERNATIONAL INVESTORS WHO ARE DOMICILED OUTSIDE OF TURKEY.AUTHORISATION MADE UNDER GLOBAL MEDIUM TERM NOTE (GMTN) PROGRAM.  Full Article

Turkey's Vakifbank posts Q2 net profit of 586.9 mln lira, in line with forecasts
Tuesday, 9 Aug 2016 

Turkiye Vakiflar Bankasi Tao :Turkey's Vakifbank posts Q2 net profit of 586.9 million lira vs forecast of 587 million lira in a Reuters poll.  Full Article

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Turkey's Erdogan calls interest rates "mother of all evil"; lira slides

ISTANBUL Turkish President Tayyip Erdogan called for lower interest rates on Friday and described them as the "mother and father of all evil", triggering a fresh slide in the lira as investors worried about the central bank's ability to rein in high inflation.