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Who owns VakıfBank? Türkiye Vakıflar Bankası Türk Anonim Ortaklığı, or simply VakıfBank, was founded in 1954 by the Republic of Turkey and is, by assets, the second largest bank in Turkey.
| Country | TURKEY |
|---|---|
| Country Flag |  |
| Founded | January 11, 1954 |
| Founder | Government of Turkey |
| Industry | Financial Services |
| Number of Employees | 16,673 (2021) |
Which Country Is VakıfBank From?
Founded on January 11, 1954, by the Government of Turkey, VakıfBank is a Turkish brand.
Who Owns VakıfBank?
- VakıfBank’s share distribution is as follows:
- Republic of Turkey Ministry of Treasury and Finance – 37.45%
- Turkey Wealth Fund – 35.99%
- Publicly Traded Shares – 16.14%
- VakıfBank T.A.O. Employee Pension and Health Fund – 10.31%
- Foundation Holdings – 0.07%
- Real and Legal Persons – 0.04%
What Is VakıfBank’s Annual Revenue?
In 2021, VakıfBank achieved a gross profit of 5.296 billion TL and set aside 1.120 billion TL in taxes, resulting in a net profit of 4.175 billion TL.
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