Turkiye Vakiflar Bankasi Tao (TKYVY)

Description:

Turkiye Vakiflar Bankasi TAO is a Turkey-based commercial bank incorporated on April 13, 1954. The Bank through its subsidiaries operates in corporate, commercial, small business, retail and investment banking services. Its banking products served to its customers includes; time and demand deposit, accumulating accounts, repos, overdraft facilities, spot loans, foregin currency indexed loans, consumer loans, automobile and housing loans, working capital loans, discounted bills, gold loans, foregin currency loans, eximbank loans, pre-export loans, ECA covered financing, letters of guarantee and credit, export factoring, acceptance credits, draft facilities, forfaiting, leasing, insurance, forward, futures, salary payments, investment accounts, cheques, safety boxes, bill payments, tax collections and payment orders. The Company provides services packages to its corporate, commercial and retail customers including; deposits, loans, foregin trade transactions, investment products, cash management, leasing, factoring, insurance, credit cards, and other banking products. The Company also provides small business banking services to enterprises in the retail and service sectors. Its products include; overdraft accounts, POS machines, credit cards, cheque books, TL and foregin currency deposits, investment accounts, internet banking, call center, debit card and bill payments. The Company also provides offers security brokerage services, portfolio management services and asset management services. The Company has approximately 774 branches & 82 satellite branches in Turkey; and three branches in New York, Bahrain and Arbil.