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Turkiye Vakiflar Bankasi TAO (VAKBN.IS)

VAKBN.IS on Istanbul Stock Exchange

6.14TRY
24 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Turkiye Vakiflar Bankasi signs syndication loan for total $967 mln equivalent
Monday, 24 Apr 2017 07:34am EDT 

April 24 (Reuters) - Turkiye Vakiflar Bankasi ::Signs a syndication loan agreement amounting $188.5 million and 716.5 million euros; $967 million equivalent in total.Syndication loan signed with the participation of 37 banks from 18 countries.The 367-days term loan will be used for trade finance purposes and the all-in cost is LIBOR +1.45 percent for USD tranche and EURIBOR +1.35 percent for Euro tranche.  Full Article

Turkiye Vakiflar Bankasi proposes 0.0408 lira/shr dividend for 2016
Thursday, 9 Mar 2017 01:24am EST 

Turkiye Vakiflar Bankasi :Said on Wednesday proposed to pay a dividend of gross 0.048 lira ($0.0128) net 0.0408 lira for 2016 payable starting from May 31.  Full Article

Vakifbank signs bilateral loan agreement with ICBC Dubai to secure $250 mln
Monday, 6 Mar 2017 05:52am EST 

Turkiye Vakiflar Bankasi Tao : On March 3rd, 2017, under the coordination of ICBC Turkey, Vakıf Bank signed a bilateral loan agreement with ICBC Dubai amounting USD 250 million with 3 years maturity .Says loan will be used for trade finance purposes together with general purpose financial needs.  Full Article

Turkiye Vakiflar Bankasi FY net profit up at 2.7 bln lira
Monday, 20 Feb 2017 10:12am EST 

Turkiye Vakiflar Bankasi Tao : FY 2016 net interest income of 6.97 billion lira ($1.92 billion)versus 5.49 billion lira year ago . FY 2016 net profit of 2.70 billion lira versus 1.93 billion lira year ago . FY 2016 net fee and commission income 980.9 million lira versus 921.1 million lira year ago .Non-Performing loans at the end of 2016 at 6.41 billion lira versus 4.85 billion lira year ago.  Full Article

Turkey's Vakifbank posts Q2 net profit of 586.9 mln lira, in line with forecasts
Tuesday, 9 Aug 2016 11:09am EDT 

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

Turkiye Vakiflar Bankasi TAO to issue bonds amounting up to 1.65 billion Turkish Lira
Friday, 15 Apr 2016 10:17am EDT 

Turkiye Vakiflar Bankasi TAO:Decides to issue bonds for public with a nominal value of 300.0 million Turkish lira with 119 days maturity period, 200.0 million lira with 154 days maturity and 100.0 million lira with 210 days maturity, (900 million lira including additional sale right).Additionally decides to issue bonds for qualified investors with a nominal value of up to 750.0 million lira.  Full Article

Turkiye Vakiflar Bankasi TAO announces dividends for FY 2015
Friday, 4 Mar 2016 12:00pm EST 

Turkiye Vakiflar Bankasi TAO:Proposes to pay 0.034 lira dividend per share for FY 2015.Proposes to pay dividend on May 31.  Full Article

Turkiye Vakiflar Bankasi TAO applies to CMB and BRSA to issue debt instruments up to $5 billion
Tuesday, 15 Dec 2015 07:02am EST 

Turkiye Vakiflar Bankasi TAO:Says applies to Capital Markets Board to and Banking Regulation and Supervision Agency to issue debt instruments up to $5 billion.  Full Article

Turkiye Vakiflar Bankasi TAO signs collective labour agreement with BASS
Wednesday, 24 Jun 2015 05:37am EDT 

Turkiye Vakiflar Bankasi TAO:Signs collective labor agreement with BASS (Bank and Insurance Employees Union).The parties reached to an agreement and signed the new contract on June 23rd, 2015.Agreement effective for the period between May 1, 2015 and April 30, 2017.  Full Article

Turkiye Vakiflar Bankasi TAO takes financing from EIB at 100 million euro - Reuters
Thursday, 11 Jun 2015 03:47am EDT 

Turkiye Vakiflar Bankasi TAO:Says gets 100 million euro financing from European Investment Bank (EIB) with guarantee of Undersecretariat of Treasury - Reuters.To use this amount to support investments of SME's - Reuters.  Full Article

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BRIEF-Turkiye Vakiflar Bankasi FY net profit up at 2.7 bln lira

* FY 2016 net interest income of 6.97 billion lira ($1.92 billion)versus 5.49 billion lira year ago