Türkiye · Financial institution
Turkiye Vakiflar Bankasi T.A.O
Legal name in the LEI recordTÜRKİYE VAKIFLAR BANKASI TÜRK ANONİM ORTAKLIĞI
Türkiye Vakıflar Bankası T.A.O. (VakıfBank) is a Turkish joint-stock bank with its head office in Ümraniye, Istanbul. It was established on 11 January 1954 and started operating on 13 April 1954. Türkiye Wealth Fund holds 73.26% of the shares and the Ministry of Treasury and Finance 14.75%. The remaining shares include a free float listed on Borsa Istanbul. The bank provides retail, SME, commercial and corporate banking and trade finance through a domestic branch network. It also has branches in New York, Bahrain, Erbil and Qatar. On 11 December 2019 the stakes of the General Directorate of Foundations were transferred to the Ministry of Treasury and Finance. Private-placement capital increases in 2020, 2022 and 2023 then made Türkiye Wealth Fund the majority shareholder.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- TVBATR2AXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under TVBATR2A directly.
- Swift GPI
- Live member
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- 4 branch codes
- BIC first registered
- 1989-03-06
- Last updated
- 2024-04-10
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
State-owned
Ticker VAKBN
Institution type
Commercial bank
Trades as VakıfBank
- Ownership
- Türkiye Wealth Fund holds 73.26% and the Ministry of Treasury and Finance holds 14.75% through Group A and B shares, with 7.90% in free float.
- Direct parent
- Türkiye Wealth Fund (Türkiye Varlık Fonu), Türkiye 73.26%
- Ultimate owner
- Republic of Türkiye, Türkiye
- Major shareholders
- Türkiye Wealth Fund 73.26%
Republic of Türkiye Ministry of Treasury and Finance 14.75% - Stock listing
- Borsa Istanbul VAKBN
- Head office
- Finanskent Mahallesi, Finans Caddesi No: 40/1, Ümraniye, 34760 Istanbul, Türkiye
- Company register
- MERSIS 0922003497000017
Business lines
The bank serves retail, SME, commercial and corporate customers in Türkiye. Its subsidiaries provide leasing, factoring, brokerage and real-estate services.
Online
- Websites & references
- vakifbank.com.tr ↗
vbassets.vakifbank.com.tr ↗ document and asset host used by the bank's website (nostro list, annual reports)
Wikipedia ↗
Wikidata Q1148521 ↗ - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗ · NSosyal ↗ · WhatsApp channel ↗
Sources · 10 pages consulted
- vakifbank.com.tr/en/investor-relations/corporate-information/board-of-directors
- vakifbank.com.tr/en/investor-relations/corporate-information/executive-vice-presidents
- vakifbank.com.tr/en/investor-relations/corporate-information/ownership-structure
- vakifbank.com.tr/en/investor-relations/corporate-information/vakifbank-in-brief
- vakifbank.com.tr/en/investor-relations/press-release
- vakifbank.com.tr/documents/investor-relations/Press%20Release/vakifbanks-total-assets-exceeded-tl-5.8-tril
- vbassets.vakifbank.com.tr/help-center/nostro-accounts-2025.pdf
- bloomberght.com/vakifbank-ta-yeni-yonetim-kurulu-belli-oldu-3774360
- cumhuriyet.com.tr/turkiye/vakifbank-ve-halkbank-ta-gorev-degisimi-yeni-genel-mudurler-belli-oldu-2493264
- en.wikipedia.org/wiki/Vak%C4%B1fBank
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
-
Osman Arslan
CEO (General Manager) - Executive Board Member
- Chair
-
Mustafa Saydam
Chairperson (Independent)
- Chief financial officer
- Şuayyip İlbilgi Executive Vice President, Financial Management and Subsidiaries
- Executive
-
Cemil Ragıp Ertem
Deputy Chairperson
- Executive
- Ali Tahan Group Head, International Banking
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- Türkiye
- Banking Regulation and Supervision Agency (BDDK/BRSA) Prudential supervisorConduct
- Türkiye
- Central Bank of the Republic of Türkiye Central bankForeign exchange
- Türkiye
- Financial Crimes Investigation Board (MASAK) AML supervisor
- Türkiye
- Capital Markets Board of Türkiye (SPK) Securities
Recent events
Researched 29 Sep 2026 · Sources
-
Leadership
The 72nd Ordinary General Assembly on 9 April 2026 appointed Osman Arslan General Manager. He replaced Abdi Serdar Üstünsalih, General Manager since May 2019.
vakifbank.com.tr ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- TVBATR2AXXX
- How the BIC breaks down
- TVBABank
- TRCountry · Türkiye
- 2ALocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 789000KAIHOLSQKQ9858
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- Türkiye · Europe & Central Asia
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
- Founded
- 1954
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
The Türki̇ye Vakiflar Bankasi Türk Anoni̇m Ortakliği group has 6 institutions in the directory, in 6 countries: all hold a BIC.
Including Vakifbank International Ag,wien, Zweigniederlassung Deutschland, Vakifbank International AG.
See the Türki̇ye Vakiflar Bankasi Türk Anoni̇m Ortakliği group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- FINANS CADDESI UMRANIYE 40/1 ISTANBUL TURKIYE
- Operational address
- FINANSKENT MAHALLESI FINANS CADDESI 40/1 UMRANIYE ISTANBUL ISTANBUL TURKIYE
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>TVBATR2AXXX</BICFI>
<LEI>789000KAIHOLSQKQ9858</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>TVBATR2AXXX</BICFI>
<LEI>789000KAIHOLSQKQ9858</LEI>
<Nm>TURKIYE VAKIFLAR BANKASI T.A.O</Nm>
<PstlAdr>
<TwnNm>ISTANBUL</TwnNm>
<Ctry>TR</Ctry>
<AdrLine>FINANS CADDESI UMRANIYE 40/1 ISTANBUL TURKIYE</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Network
Branches and correspondent banking
All 4 branch BICs connect to the head office. No city, function or registration year splits them into groups. The bank publishes 50 accounts at other banks, across 4 regions.
- Own offices
- Correspondent banks: it holds accounts there
Hover over a branch, account or group to see its details
Correspondent accounts
Researched 29 Sep 2026 · Sources
50 accounts at other banks, in 15 currencies, as the bank publishes them: vbassets.vakifbank.com.tr ↗ dated 2025
| Currency | Correspondent | BIC | Account | Directory check |
|---|---|---|---|---|
| AED | EMIRATES NBD BANK PJSC United Arab Emirates | EBILAEAD | AE940260001261068160603 | Matches the Swift directory |
| AED | FIRST ABU DHABI BANK PJSC United Arab Emirates | NBADAEAA | 4022003340985014 | Matches the Swift directory |
| AED | MASHREQBANK PSC. United Arab Emirates | BOMLAEAD | 19030000668 | Matches the Swift directory |
| AUD | JPMORGAN CHASE BANK United Kingdom | CHASGB2L | 41477081 | Matches the Swift directory |
| CAD | BANK OF MONTREAL Canada | BOFMCAM2 | 31441046305 | Matches the Swift directory |
| CAD | CANADIAN IMPERIAL BANK OF COMMERCE Canada | CIBCCATT | 1875914 | Matches the Swift directory |
| CHF | UBS SWITZERLAND AG Switzerland | UBSWCHZH80A | 02300000088514050000T | Matches the Swift directory |
| CHF | ZUERCHER KANTONALBANK Switzerland | ZKBKCHZZ80A | 0700-01268.163 | Matches the Swift directory |
| CNY | BANK OF CHINA TURKEY AS Türkiye | BKCHTRIS | 9142-442303-351 | Matches the Swift directory |
| CNY | ICBC TURKEY BANK A.S. Türkiye | ICBKTRIS | 998-20040-1 | Matches the Swift directory |
| DKK | JPMORGAN CHASE BANK United Kingdom | CHASGB2L | 0016237639 | Matches the Swift directory |
| EUR | ERSTE GROUP BANK AG Austria | GIBAATWG | AT812010040433351400 | Matches the Swift directory |
| EUR | RAIFFEISEN BANK INTERNATIONAL AG Austria | RZBAATWW | AT07 3100 0001 5004 7661 | Matches the Swift directory |
| EUR | UNICREDIT BANK AUSTRIA AG Austria | BKAUATWW | 12617947701 EUR | Matches the Swift directory |
| EUR | ING BELGIUM NV/SA Belgium | BBRUBEBB010 | 301-0179427-58-EUR | Matches the Swift directory |
| EUR | NATIXIS France | NATXFRPP | FR7630007999990696805488881EUR | Matches the Swift directory |
| EUR | SOCIETE GENERALE France | SOGEFRPP | 002012526180 | Matches the Swift directory |
| EUR | HSBC CONTINENTAL EUROPE France | CCFRFRPPXXX | FR7630056008290829000098171 | Matches the Swift directory |
| EUR | BARCLAYS BANK IRELAND PLC Germany | BARCDEFF | 210646100 | Matches the Swift directory |
| EUR | COMMERZBANK AG Germany | COBADEFF | 400886358101 EUR | Matches the Swift directory |
| EUR | DEUTSCHE BANK AG Germany | DEUTDEFF | 100 9577487 1000 | Matches the Swift directory |
| EUR | JPMORGAN SE Germany | CHASDEFX | 6231610814 | Directory name differs J.P. MORGAN SE |
| EUR | KT BANK AG Germany | KTAGDEFF | DE64 5023 4500 0254 7700 23 | Matches the Swift directory |
| EUR | STANDARD CHARTERED BANK Germany | SCBLDEFX | 018000406 | Matches the Swift directory |
| EUR | ISBANK AG Germany | ISBKDEFX | DE74502306001708940018 | Matches the Swift directory |
| EUR | UNICREDIT BANK AG Germany | HYVEDEMM | 69103618 | Matches the Swift directory |
| EUR | ZIRAAT BANK INTERNATIONAL AG Germany | TCZBDEFF | 1000922011 | Matches the Swift directory |
| EUR | INTESA SANPAOLO SPA Italy | BCITITMM | 100100003483 | Matches the Swift directory |
| EUR | UNICREDIT S.P.A. Italy | UNCRITMM | 09958314900 | Matches the Swift directory |
| EUR | BANCO DE SABADELL SA Spain | BSABESBB | 090101191326 | Matches the Swift directory |
| EUR | CAIXABANK, S.A. Spain | CAIXESBB | ES1421000566530900085972 | Matches the Swift directory |
| GBP | BARCLAYS BANK PLC United Kingdom | BARCGB22 | 20325340761052 | Matches the Swift directory |
| GBP | HSBC BANK PLC United Kingdom | MIDLGB22 | 00465381 | Matches the Swift directory |
| GBP | STANDARD CHARTERED BANK United Kingdom | SCBLGB2L | 01249002101 | Matches the Swift directory |
| JPY | MIZUHO CORPORATE BANK Japan | MHCBJPJT | 3724010 | Matches the Swift directory |
| JPY | SUMITOMO MITSUI BANKING CORP. Japan | SMBCJPJT | 5487 | Matches the Swift directory |
| JPY | THE BANK OF TOKYO-MITSUBISHI UFJ LTD Japan | BOTKJPJT | 653-0442674 | Directory name differs MUFG BANK, LTD. |
| KWD | NATIONAL BANK OF KUWAIT S.A.K.P. Kuwait | NBOKKWKW | 2025198420 | Matches the Swift directory |
| NOK | DNB BANK ASA Norway | DNBANOKK | 7001.02.05733 | Matches the Swift directory |
| QAR | THE COMMERCIAL BANK (Q.S.C) Qatar | CBQAQAQA | 4010-004522-001 | Directory name differs THE COMMERCIAL BANK (P.S.Q.C) |
| SAR | THE NATIONAL COMMERCIAL BANK Saudi Arabia | NCBKSAJE | 55535372000100 | Directory name differs THE SAUDI NATIONAL BANK |
| SEK | SKANDINAVISKA ENSKILDA BANKEN AB (PUBL) Sweden | ESSESESS | 52018547275 | Matches the Swift directory |
| USD | BANK OF AMERICA, N.A. United States | BOFAUS3N | 6550386903 | Matches the Swift directory |
| USD | CITIBANK NA United States | CITIUS33 | 36000782 | Matches the Swift directory |
| USD | JPMORGAN CHASE BANK United States | CHASUS33 | 000000011902004 | Matches the Swift directory |
| USD | MASHREQBANK PSC United States | MSHQUS33 | 70011457 | Matches the Swift directory |
| USD | STANDARD CHARTERED BANK United States | SCBLUS33 | 3582020963001 | Matches the Swift directory |
| USD | THE BANK OF NEW YORK United States | IRVTUS3N | 8033368535 | Directory name differs THE BANK OF NEW YORK MELLON |
| USD | WELLS FARGO United States | PNBPUS3NNYC | 2000193000106 | Matches the Swift directory |
| USD | DEUTSCHE BANK AG United States | DEUTUS33 | 60223126 | Matches the Swift directory |
A one-page PDF table of nostro accounts with 51 rows (country, correspondent, currency, Swift code, account number), all extracted. The file name indicates 2025. The 'Nostro Accounts' page under About VakıfBank returned a CAPTCHA, so it could not be confirmed that this PDF is the version currently linked. The list may be stale. Each correspondent BIC is checked against the Swift directory: a BIC missing from it, or registered to a differently named bank, may be a typo or out of date. Confirm settlement instructions with the bank before relying on them.
Branch codes
| BIC | Branch | City | Address | LEI | Updated |
|---|---|---|---|---|---|
| TVBATR2A337 | EGE FREE ZONE | Izmir | EGE FREE ZONE AKCAY STREET 144/1 GAZIEMIR IZMIR 35410 IZMIR TURKIYE | — | 2024-04-10 |
| TVBATR2A596 | ISTANBUL DIS OPERASYONLAR MUDURLUGU | Istanbul | FINANSKENT MAHALLESI FINANS CADDESI 40/1 UMRANIYE ISTANBUL ISTANBUL TURKIYE | — | 2024-04-10 |
| TVBATR2ACUS | CUSTODY MAIN BRANCH | Istanbul | FINANSKENT MAHALLESI FINANS CADDESI 40/1 UMRANIYE ISTANBUL ISTANBUL TURKIYE | — | 2024-04-10 |
| TVBATR2AFEX | TREASURY DEPARTMENT | Istanbul | FINANSKENT MAH. FINANS CADDESI NO:40/1 UMRANIYE ISTANBUL ISTANBUL TURKIYE | — | 2024-04-10 |
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Wikidata—CC0, matched on the BIC or LEI recorded in Wikidata. It is community-edited, so check key facts.
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: VakıfBank · Public domain · Wikimedia Commons · original; Osman Arslan: vakifbank.com.tr (official website) · original; Mustafa Saydam: vakifbank.com.tr (official website) · original; Cemil Ragıp Ertem: vakifbank.com.tr (official website) · original.
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