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Turkiye Vakiflar Bankasi TAO (VAKBN.IS)

VAKBN.IS on Istanbul Stock Exchange

7.28TRY
15 Feb 2018
Change (% chg)

0.17TL (+2.39%)
Prev Close
7.11TL
Open
7.15TL
Day's High
7.31TL
Day's Low
7.15TL
Volume
9,613,041
Avg. Vol
12,657,387
52-wk High
7.73TL
52-wk Low
5.14TL

Latest Key Developments (Source: Significant Developments)

Vakifbank FY 2017 Net Profit Jumps To 3.72 Bln Lira
Tuesday, 13 Feb 2018 10:29am EST 

Feb 13 (Reuters) - VAKIFBANK ::FY 2017 NET PROFIT OF 3.72 BILLION LIRA VERSUS 2.70 BILLION LIRA YEAR AGO.FY 2017 NET INTEREST INCOME OF 8.62 BILLION LIRA VERSUS 6.97 BILLION LIRA YEAR AGO.FY 2017 NET FEE AND COMMISSION INCOME 1.33 BILLION LIRA VERSUS 980.9 MILLION LIRA YEAR AGO.NON-PERFORMING LOANS AT END OF 2017 7.64 BILLION LIRA VERSUS 6.41 BILLION LIRA YEAR AGO.  Full Article

Vakif Reit Signs Loan Agreement Worth 600.0 Mln Lira With Vakiflar Bankasi
Tuesday, 16 Jan 2018 10:23am EST 

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 04:32am EST 

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 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