VakıfBank's asset size exceeded 6.2 trillion TL

VakıfBank announced its financial results for the third quarter of 2026. As of the end of September, the bank's asset size increased by 24.8 percent compared to the same period last year and reached 6.2 trillion TL. VakıfBank, whose equity capital exceeded 357 billion TL with an increase of 35.4 percent on an annual basis, achieved a pre-tax profit of 61.3 billion TL and a net period profit of 45.5 billion TL in the first nine months of the year. The bank's nine-month net profit increased by 8.5 percent compared to the same period last year. VakıfBank's total deposits increased by 28.5 percent compared to the same period last year and exceeded 4 trillion TL. TL deposit volume increased by 31.1 percent on an annual basis, reaching 2.9 trillion TL.

"WE DIRECT OUR RESOURCES TO AREAS THAT CREATE PERMANENT VALUE FOR OUR ECONOMY"

While VakıfBank's cash loans increased by 33.6 percent compared to the same period last year and reached 3.6 trillion TL, its non-cash loans increased by 34.5 percent and exceeded 1.1 trillion TL. Thus, the total cash and non-cash loan support provided by the Bank to the economy increased by 34 percent on an annual basis and reached 4.7 trillion TL.

Evaluating the financial results, VakıfBank General Manager Osman Arslan said, "In line with our strong balance sheet structure and our understanding of Development-Oriented Value Banking, we continue to direct our resources to areas that create permanent value for our economy. We consider the financing of investments that increase production capacity, strengthen exports and create employment among our main priorities. Our total credit support, which reached 4.7 trillion TL as of the end of September, is a concrete indicator of the importance we attach to the financing needs of the real sector. In our growth approach, we do not only consider the financing volume, but also the impact of the resources we provide on the economy." "We also take added value as a basis. In the coming period, we will continue to add long-term value to the Turkish economy with innovative and sustainable financing models by combining global financing opportunities with our country's development goals," he said.

"WE DEVELOP INNOVATIVE FINANCING SOLUTIONS SUITABLE FOR OUR COUNTRY'S NEEDS"

Arslan stated that they strengthened the long-term and diversified fund structure by adding new ones in the third quarter to the successful financing transactions carried out in international markets in the first half of 2026. "Following the 10-year financing agreement of 300 million dollars with the Asian Infrastructure Investment Bank (AIIB) in the third quarter of the year, we provided new resources of 200 million euros with a 10-year maturity from ING Germany under the guarantee of SACE, Italy's official export credit agency. With the contribution of these transactions, the total of new international resources we have brought to our country through different financing structures since the beginning of the year has reached 9 billion dollars, while the total amount of resources we have obtained from abroad has increased to 25 billion dollars." Osman Arslan concluded his words as follows:

"The strong collaborations we have developed with international financial institutions and global investors once again demonstrate the trust in both VakıfBank and the Turkish economy. In line with our Development-Oriented Value Banking vision, we direct the long-term resources we provide to increasing the production, investment, export and employment capacity of our real sector, supporting green transformation and rebuilding the earthquake zone. In the coming period, we will continue to contribute to sustainable growth by developing innovative financing solutions suitable for the needs of our country."

Important financial indicators of VakıfBank's unconsolidated balance sheet as of September 30, 2026: