Türkiye Vakiflar Bankasi Türk Anonim Ortakligi (VAKBN) Investor presentation summary

Macroeconomic and sector overview

• GDP growth projected between 3.3% and 4.6% through 2026, with inflation (CPI) expected to moderate from 75.5% in late 2023 to 32.9% by end-2025.

• Unemployment rate forecasted to decline to 7.7% by end-2025, with budget and current account deficits narrowing.

• Turkish banking sector shows robust lending growth, with TL loan growth at 42.1% YoY and sector NPL ratios stabilizing.

Market position and business highlights

• Holds the #2 position in Türkiye by asset size, loans, and deposits, with market shares of 11–13% across key categories.

• Strong presence in SME, commercial, and retail segments, ranking #1 in commercial/corporate loans and retail overdrafts.

• Demand deposits surpassed TL 1 trillion, with market share rising to 11.1% in 2025.

Strategic priorities and digitalization

• Focused on sustainable, cost-effective funding, supporting manufacturing/export, and expanding digital channels.

• Leading digital banking initiatives, with over 4.3 million customers and 93% of transactions non-branch.

• Innovative products like V-PART, SKY SME, and VINOV drive growth in FX transfers and payment management.