Page 46 - VKF_FRAE_2013

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Brokerage services for capital market
instruments
VakıfBank Investment Banking offers
brokerage services to clients for their
transactions in capital markets instruments
such as stocks, mutual funds, gold, bank bills
and bonds. Developments in the markets are
closely monitored as per customer needs and
expectations, and new products and services
are delivered to clients through various
channels. VakıfBank became a member of the
Futures and Options Market (Vadeli İşlem ve
Opsiyon Piyasası - VIOP) at Borsa Istanbul in
2013; it will start VIOP activities in 2014.
All capital market instrument transactions
other than equities can be performed through
all of the Bank’s branches, investment
centers, private banking branches, ATMs,
mobile branches, Internet branch and at
the call center. Equity transactions can be
conducted via investment centers, private
banking branches, mobile branches, Internet
branch as well as the call center. With the
completion of the necessary infrastructure
work aimed to increase the share of
alternative distribution channels especially for
equity brokerage, equity transactions through
mobile applications will be enabled in 2014.
The Bank continues work on developing an
investment portal that enables investors to
access information about investment products
and capital market data easily.
OnlineBorsa
In 2013, VakıfBank Internet Banking customers
had the opportunity to perform online
portfolio monitoring and equity transactions
through the OnlineBorsa platform, an
application that enables spot monitoring of
market data. The Bank plans to complete
the work regarding real-time broadcasting
of Borsa Istanbul data under a data vendor
agreement in 2014. The development of
trading platforms will strengthen the Bank’s
corporate identity.
Through an agency agreement with its
subsidiary Vakıf Yatırım Menkul Değerler
A.Ş., the Bank acts an intermediary in public
offerings of equities and corporate bonds,
capital increases and dividend payment
transactions.
Bank bonds and bills
During 2013, VakıfBank planned to issue a
total nominal value of TL 4.3 billion in bank
bonds and/or bills at various types and
maturities in domestic and/or international
markets. The issues were intended to diversify
the Bank’s sources of funding, reduce interest
rate risk, contribute to liquidity management,
extend the source maturity, and provide
additional resources.
INVESTMENT BANKING
Capital markets play an active role in the
economic development of countries. They
help accelerate capital accumulation, the
driving force of development, and make
effective use of this force. Additionally, they
can closely monitor the rapid developments
in global capital markets. Today, it is more
important than ever for capital markets
to maintain a competitive edge in the
global market, which evolves and changes
rapidly due to its structural dynamics. With
its important market leading position in
the banking sector, VakıfBank is an active
player in money and capital markets. The
Bank’s business strategies focus on investing
customer assets to generate optimum
results, developing customized solutions,
and attaining greater expertise in the use of
advanced investment techniques. As a result,
VakıfBank is a preferred business partner in
money and capital markets for retail and
corporate customers.
2013 Activities
VakıfBank Investment Banking offers brokerage
services to clients for their transactions in capital
markets instruments such as stocks, mutual funds,
gold, bank bills and bonds.
ALTERNATIVE
SOLUTIONS IN
THE SERVICE
OF CUSTOMERS
In 2000, technological
developments were
reflected in card use. By
giving checkbooks linked
on Bankomats 7/24 and/
or Kredili Bankomat 7/24
(Overdraft Bankomat)
accounts, besides the existing
commercial or demand
savings accounts, customers
were provided the opportunity
to use checks in cases where
credit cards are not in use.
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