Edition:
United States

Turkiye Vakiflar Bankasi TAO (VAKBN.IS)

VAKBN.IS on Istanbul Stock Exchange

6.30TRY
14 Dec 2017
Change (% chg)

0.08TL (+1.29%)
Prev Close
6.22TL
Open
6.19TL
Day's High
6.31TL
Day's Low
6.19TL
Volume
13,253,821
Avg. Vol
12,837,678
52-wk High
7.31TL
52-wk Low
4.16TL

Latest Key Developments (Source: Significant Developments)

Vakifbank signs loan agreement worth 80 mln euros with French Development Agency
Monday, 20 Nov 2017 07:26am EST 

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 faces a total 14.8 mln lira RUSF deduction and penalty interest‍​
Friday, 25 Aug 2017 10:43am EDT 

Aug 25 (Reuters) - VAKIFBANK ::HAS BEEN ASSIGNED A NOTICE OF ASSESSMENT FOR 14.8 MILLION LIRA INCLUDING RUSF DEDUCTION AND PENALTY INTEREST‍​.  Full Article

Vakifbank to issue subordinated notes up to 3 billion lira‍​
Friday, 11 Aug 2017 10:33am EDT 

Aug 11 (Reuters) - VAKIFBANK ::TO ISSUE TL BORROWING INSTRUMENTS UP TO TL 3 BILLION DOMESTICALLY‍​.BORROWING INSTRUMENT TO BE IN BATCHES, WITH VARIOUS TERMS, YIELDS AND AMOUNTS.  Full Article

Vakifbank Q2 net profit rises to 896.7 million lira
Wednesday, 9 Aug 2017 11:10am EDT 

Aug 9 (Reuters) - VAKIFBANK ::Q2 NET PROFIT OF 896.7 MILLION LIRA VERSUS 586.9 MILLION LIRA YEAR AGO.Q2 NET INTEREST INCOME OF 2.12 BILLION LIRA VERSUS 1.55 BILLION LIRA YEAR AGO.Q2 NET FEE AND COMMISSION INCOME 311.9 MILLION LIRA VERSUS 228.7 MILLION LIRA YEAR AGO.  Full Article

Vakifbank says BTA Bank and BTA Securities files a lawsuit against the bank in UK
Tuesday, 4 Jul 2017 06:10am EDT 

July 4(Reuters) - TURKIYE VAKIFLAR BANKASI T.A.O ::THERE IS A LAWSUIT BEFORE ENGLISH COURTS FILED AGAINST THE BANK BY BTA BANK JSC AND BTA SECURITIES JSC RELATED WITH THE AFORESAID LEGAL PROCEEDINGS.IT WAS ANNOUNCED ON JULY, 13 2016 PARTIAL COLLECTION WAS MADE WITHIN THE FRAMEWORK OF THE ENFORCEMENT PROCEEDINGS INITIATED FOR THE COLLECTION OF RECEIVABLES FROM BTA BANK JSC AND BTA SECURITIES JSC.  Full Article

Vakifbank reaches labor agreement with Union of Banking and Insurance Workers
Friday, 23 Jun 2017 02:45am EDT 

June 23 (Reuters) - TURKIYE VAKIFLAR BANKASI ::SAID ON THURSDAY REACHES AGREEMENT WITH UNION OF BANKING AND INSURANCE WORKERS (BASS) ON COLLECTIVE LABOR AGREEMENT.THE AGREEMENT COVERS PERIOD BETWEEN MAY 1, 2017 - APRIL 30, 2019.  Full Article

Turkiye Vakiflar Bankasi authorizes head office for bond issuance
Friday, 19 May 2017 04:02am EDT 

May 19 (Reuters) - TURKIYE VAKIFLAR BANKASI ::SAID ON THURSDAY THAT IT AUTHORIZES HEAD OFFICE FOR ISSUANCE OF BONDS WITHIN THE ISSUANCE CEILING OF 16.00 BILLION LIRA NOMINAL VALUE .SAID DEBT INSTRUMENTS TO HAVE MAXIMUM 5 YEARS MATURITY.  Full Article

Vakifbank Q1 net profit rises to 1.22 billion lira
Wednesday, 10 May 2017 11:14am EDT 

May 10 (Reuters) - TURKIYE VAKIFLAR BANKASI TAO ::Q1 NET PROFIT OF 1.22 BILLION LIRA VERSUS 516.7 MILLION LIRA YEAR AGO.Q1 NET INTEREST INCOME OF 2.38 BILLION LIRA VERSUS 1.55 BILLION LIRA YEAR AGO.  Full Article

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