The VakıfBank has a very good equity base, which clearly exceeds the legal requirements. We have held a full banking licence for over 20 years and are successfully present at our locations in Austria and Germany. Our bank has a representative office in Budapest, Hungary.
We are wholly owned by the Türkiye Vakiflar Bankasi T.A.O (Vakiflar Bankasi), which is the second largest state-owned bank in Turkey. Vakıflar Bankasi plays a leading role in financing Turkey's domestic and foreign trade and serves its retail and corporate customers through more than 900 branches.
In Vienna, the VakıfBank International AG offers a comprehensive range of savings, payment and credit products. Our branch in Germany offers tailor-made savings and payment products.
Chief Risk Officer
The T. Vakiflar Bankasi T.A.O. was founded in 1954. It is the second largest Turkish bank under state influence and operates approximately 940 branches in Turkey as well as one branch each in New York, Bahrain and Erbil.