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Turkiye Vakiflar Bankasi TAO (VAKBN.IS)

VAKBN.IS on Istanbul Stock Exchange

3.81TRY
13 Dec 2018
Change (% chg)

-0.06TL (-1.55%)
Prev Close
3.87TL
Open
3.83TL
Day's High
3.86TL
Day's Low
3.71TL
Volume
40,598,815
Avg. Vol
51,094,714
52-wk High
7.73TL
52-wk Low
2.98TL

Latest Key Developments (Source: Significant Developments)

Vakifbank Says Ziraat Portfoy To Acquire Unit Vakif Portfoy For 52.5 Mln Lira In Full
Friday, 14 Dec 2018 

Dec 14 (Reuters) - TURKIYE VAKIFLAR BANKASI TAO ::SAYS 100 PERCENT UNIT VAKIF PORTFOY YONETIMI WILL BE SOLD TO ZIRAAT PORTFOY YONETIMI WITH A PRICE OF 52.5 MILLION LIRA IN FULL.SAYS WITHIN SCOPE OF NEW ECONOMIC PROGRAM IT IS PLANNED TO ESTABLISH ROBUST CORPORATE FINANCE COMPANY BY INCORPORATING STATE OWNED INVESTMENT COMPANIES.  Full Article

Vakifbank's Board Authorizes Head Office To Apply For The Bond Issuance Up To USD 5.00 Bln
Friday, 14 Dec 2018 

Dec 14 (Reuters) - TURKIYE VAKIFLAR BANKASI TAO ::BOARD OF DIRECTORS AUTHORIZES HEAD OFFICE TO APPLY CMB AND BRSA FOR THE BOND ISSUANCE UP TO USD 5 BILLION.  Full Article

Vakifbank Signs Syndicated Loan Deal Worth Total $855.0 Mln With 20 Banks Via Emirates NBD As Agent Bank
Wednesday, 21 Nov 2018 

Nov 21 (Reuters) - TURKIYE VAKIFLAR BANKASI TAO ::SIGNS SYNDICATED LOAN DEAL WORTH $252.0 MILLION AND 528.5 MILLION EUROS AT TOTAL $855 MILLION WITH 20 BANKS.THE COST OF TRENCH AMOUNTING USD EQUIVALENT OF 130 MILLION WHICH HAS 2 YEARS TENOR IS LIBOR+3.50%.ALL-IN COST OF USD 122.0 MILLION LOAN WITH 367-DAY TRANCHE IS LIBOR + 2.75 PERCENT.ALL-IN COST OF EUR 528.5 MILLION LOAN WITH 367-DAY TRANCHE IS EURIBOR + 2.65 PERCENT.  Full Article

Vakifbank Q3 2018 Net Profit Up At 984.9 Million Lira
Friday, 9 Nov 2018 

Nov 9 (Reuters) - TURKIYE VAKIFLAR BANKASI TAO ::Q3 2018 NET PROFIT OF 984.9 MILLION LIRA VERSUS 700.7 MILLION LIRA YEAR AGO.Q3 2018 NET INTEREST INCOME OF 3.37 BILLION LIRA VERSUS 1.80 BILLION LIRA YEAR AGO.Q3 2018 NET FEE AND COMMISSION INCOME 600.0 MILLION LIRA VERSUS 356.0 MILLION LIRA YEAR AGO.NON-PERFORMING LOANS AT END-SEPT 9.57 BILLION LIRA.  Full Article

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

UPDATE 2-Turkey to sell foreign currency bonds to individual investors

ISTANBUL, Dec 12 Turkey will issue foreign currency bonds to individual investors from next week, its Treasury said on Wednesday, a move aimed at broadening the government's funding and tapping into money that is sitting in bank accounts.