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Turkiye Vakiflar Bankasi TAO (VAKBN.IS)

VAKBN.IS on Istanbul Stock Exchange

4.37TRY
15 Aug 2019
Change (% chg)

-0.15TL (-3.32%)
Prev Close
4.52TL
Open
4.55TL
Day's High
4.56TL
Day's Low
4.24TL
Volume
66,452,710
Avg. Vol
47,189,096
52-wk High
5.69TL
52-wk Low
2.98TL

Latest Key Developments (Source: Significant Developments)

Vakifbank Q2 Net Profit Drops To 367.6 Million Lira
Friday, 9 Aug 2019 11:23am EDT 

Aug 9 (Reuters) - TURKIYE VAKIFLAR BANKASI TAO ::Q2 NET PROFIT OF 367.6 MILLION LIRA VERSUS 1.07 BILLION LIRA YEAR AGO.Q2 NET INTEREST INCOME OF 2.77 BILLION LIRA VERSUS 2.57 BILLION LIRA YEAR AGO.Q2 NET FEE AND COMMISSION INCOME 855.5 MILLION LIRA VERSUS 511.5 MILLION LIRA YEAR AGO.  Full Article

Vakifbank Says Shares In Gunes Sigorta Increases To 56.4% From 48.0%
Friday, 2 Aug 2019 11:17am EDT 

Aug 2 (Reuters) - VAKIFBANK ::SHARES IN GUNES SIGORTA INCREASES TO 56.4% FROM 48.0%.  Full Article

Vakifbank Issues $150 Million Eurobond With 5 Years Maturity To Qualified Investors Abroad
Tuesday, 25 Jun 2019 01:23pm EDT 

June 26 (Reuters) - VAKIFBANK ::SAID ON TUESDAY ISSUES $150 MILLION EUROBOND WITH 5 YEARS MATURITY TO QUALIFIED INSTITUTIONAL INVESTORS ABROAD.THE ISSUANCE AMOUNT HAVE BEEN TRANSFERRED TO VAKIFBANK'S ACCOUNTS ON JUNE 25 .  Full Article

Vakifbank Finalizes Issuance Of Additional Tier-1 Notes With Nominal Amount Of 700 Million Euros
Friday, 19 Apr 2019 11:28am EDT 

April 22 (Reuters) - VAKIFBANK ::SAID ON FRIDAY FINALIZES ISSUANCE OF ADDITIONAL TIER-1 NOTES WITH NOMINAL AMOUNT OF EUR 700 MILLION AS OF APRIL 18, 2019.SAYS EURO DENOMINATED ADDITIONAL TIER 1 ISSUANCE HAS FIX RATE COUPON PAYMENT ON ANNUAL BASIS, PERPETUAL NON-CALL 5 (PNC5) STRUCTURE .  Full Article

Vakifbank Starts Negotiations For Collective Bargaining Agreement With BASS
Monday, 15 Apr 2019 10:35am EDT 

April 15 (Reuters) - TURKIYE VAKIFLAR BANKASI TAO ::NEGOTIATIONS FOR 24TH TERM COLLECTIVE BARGAINING AGREEMENT BETWEEN VAKIFBANK AND BASS (BANKA VE SIGORTA İŞÇILERI SENDIKASI) BEGAN ON APRIL 15TH, 2019.  Full Article

Vakifbank Proposes Not To Pay Dividend For FY 2018
Saturday, 6 Apr 2019 06:06am EDT 

April 8(Reuters) - VAKIFBANK ::SAID ON SATURDAY PROPOSES NOT TO PAY DIVIDEND FOR FY 2018.  Full Article

Vakifbank Says Book-Building Process In Relation To Issuance Of Eurobond Has Been Completed
Thursday, 21 Mar 2019 01:46pm EDT 

March 22 (Reuters) - TURKIYE VAKIFLAR BANKASI ::SAID ON THURSDAY BOOK-BUILDING PROCESS IN RELATION TO ISSUANCE OF EUROBOND HAS BEEN COMPLETED .SET COUPON RATE AT 8.125 PERCENT IN RESPECT OF $600 MILLION FIXED RATE NOTES WITH SEMI-ANNUAL INTEREST PAYMENT, WITH MATURITY ON MARCH 28TH, 2024 .CITI AND JP MORGAN HAD BEEN MANDATED AS GLOBAL COORDINATORS AND JOINT BOOKRUNNERS.ING, MIZUHO, MUFG, AND SMBC NIKKO HAD BEEN MANDATED AS JOINT BOOKRUNNERS FOR ISSUANCE OF U.S. DOLLAR-DENOMINATED EUROBOND TO QUALIFIED INSTITUTIONAL INVESTORS WHO ARE DOMICILED OUTSIDE OF TURKEY.  Full Article

Vakifbank FY 2018 Net Profit Up At 4.15 Billion Lira YoY
Wednesday, 13 Feb 2019 10:18am EST 

Feb 13 (Reuters) - TURKIYE VAKIFLAR BANKASI TAO ::FY 2018 NET PROFIT OF 4.15 BILLION LIRA VERSUS 4.02 BILLION LIRA YEAR AGO.FY 2018 NET INTEREST INCOME OF 10.84 BILLION LIRA VERSUS 8.97 BILLION LIRA YEAR AGO.FY 2018 NET FEE AND COMMISSION INCOME 2.29 BILLION LIRA VERSUS 1.24 BILLION LIRA YEAR AGO.NON-PERFORMING LOANS AT END-DEC 10.80 BILLION LIRA VERSUS 7.94 BILLION LIRA AT END-DEC. 2017.  Full Article

Vakifbank Says Ziraat Portfoy To Acquire Unit Vakif Portfoy For 52.5 Mln Lira In Full
Friday, 14 Dec 2018 10:16am EST 

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 02:28am EST 

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