Turkiye Vakiflar Bankasi operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Turkiye Vakiflar Bankasi with three other
companies in this sector in Turkey:
Turkiye Garanti Bankasi AS
sales of 49.60 billion Turkish Liras [US$8.20 billion]
of which 35%
(40.03 billion Turkish Liras [US$6.62 billion]
of which 17%
was Retail & Private Banking), and
Turkiye Halk Bankasi As
(42.73 billion Turkish Liras [US$7.07 billion]
of which 47%
Turkiye Vakiflar Bankasi reported sales of 40.90 billion Turkish Liras (US$6.77 billion)
December of 2018.
increase of 56.8%
versus 2017, when the company's sales were 26.09 billion Turkish Liras.
Sales at Turkiye Vakiflar Bankasi have increased during each of the previous five years
(and since 2013, sales have increased a total of 256%).
Sales of Unallocated saw an increase
that was more than double the company's growth rate: sales were up
952.2% in 2018, from
12.76 million Turkish Liras to 134.26 million Turkish Liras.
Turkiye Vakiflar Bankasi also saw significant increases in sales in
Investment Banking (up 146.1% to 4.42 billion Turkish Liras)
Factoring (up 279.3% to 146.03 million Turkish Liras)
Other (up 186.1% to 360.09 million Turkish Liras)
Not all segments of Turkiye Vakiflar Bankasi experienced an increase in sales in 2018:
sales of Leasing fell 66.9% to 20.15 million Turkish Liras.
(However, this segment's sales were only a very small portion of the company's overall sales).