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PART I: INTRODUCTION
Serving medium- and large-scale enterprises
as well as public institutions and enterprises
through its Commercial Banking business unit
structured under the Commercial and Corporate
business line, VakıfBank maintained its steady
and broad-based growth in 2015 with products
and services customized according to customer
expectations and needs.
BROAD-BASED GROWTH
With its dynamic and expert human resource,
the Bank not only met the expectations and
needs of its customers but also focused on
offering innovative and alternative financial
solutions, increasing the number of commercial
customers by 9.04% in 2015.
Offering customers financing solutions suited to
their financial structures thanks to a vast product
range and vast branch network, VakıfBank
expanded its commercial cash loans by 22.76%
and non-cash loans by 21.74% as of year-end
2015.
The international trade transactions of
commercial customers were carried out in
a swift and secure fashion, via the Bank’s
upgraded IT systems infrastructure and well-
experienced personnel.
In the scope of the loan agreement
between VakıfBank and the European
Bank for Reconstruction and Development
(EBRD) designed to meet the financing
needs of commercial customers for foreign
trade transactions, the limit allocated by
EBRD to the Bank was increased as a result
of productive and effective collaborative
efforts between the two institutions.
As such, financing needs of commercial
customers for foreign trade transactions
were met under convenient terms.
PROJECT FINANCING
With its vast know-how and experience in the
field, VakıfBank continued in 2015 to meet
the financing needs of commercial customers
arising from their investments and projects. By
providing the funds obtained from the EIB and
the World Bank as investment and operating
capital to commercial customers, the Bank
diversified its financial solutions on offer. As
such, volume of project loans provided by the
Bank to commercial customers rose 54.71%,
and further contribution was made to the
development of the national economy and the
real economy in 2015.
VakıfBank focuses on an eco-friendly and
sustainable development which minimizes
the adverse effects of global climate change,
and is featured in the Borsa İstanbul’s (BİST)
Sustainability Index. In line with this mission,
the Bank continued to provide loans at exclusive
conditions to commercial customers in the fields
of energy efficiency and renewable energy
projects.
Via its modernized IT infrastructure, vast branch
network, specialized and dynamic personnel,
the Bank continues to offer financial solutions
suited to customer needs. In 2016, the Bank
will retain its broad-based growth, and aim at
becoming the business partner and main bank
of its commercial customers.
COMMERCIAL BANKING
With its vast know-how and experience, in 2015
VakıfBank continued to meet the financing
needs
of commercial customers arising from their
investments and projects.
