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VAKIFBANK
ANNUAL REPORT 2014
25
VakıfBank Women’s Volleyball Team, whom we have
been proudly supporting for 28 years, entered the
Guinness Book of Records in 2014, winning 73 consecutive
official matches between May 11, 2012 and January
25, 2014. The record was entitled “Most Consecutive
Volleyball Victories in All Competitions,” and includes
successful displays in championships across five different
tournaments: the Turkish League, Turkish Cup, Turkish
Super Cup, European Champions League, and the FIVB Club
World Championship. The team did not lose a single game
and consequently went on to win all the available titles in
a season.
Our belief that “sustainable development is only
possible in a sustainable environment” has encouraged
us to provide eco-friendly loans and contributions to
educational, sports, environmental, and financial groups.
Our Bank was the only public institution among the 15
companies in the BIST Sustainability Index, which assesses
companies’ performance in finance, the environment,
social responsibility and corporate governance. The index
is an important tool for investors, allowing them to easily
identify and choose companies which are sustainable and
progressive.
We made permanent and positive contributions to our
country’s economy in 2014 by providing services in
accordance with the needs of our communities and
customers.
During a year where the profitability of the sector
remained unchanged, we increased our own profitability
by 10.58%, announcing net profit TL 1,753 million as a
result of policies focused on improving asset quality and
return on assets.
Continuing to grow with a focus on creating high quality
assets, VakıfBank has stood out with its initiatives
targeting asset growth and proved its success by moving
from seventh to sixth position in the sector. We believe
that 2015 will be a more successful year for our Bank,
and I would like to take this opportunity to thank each
and every one of our employees who contributed to our
success, our customers who have always trusted in our
bank, and our Board of Directors which has always been
ready to support us.
Sincerely yours,
Halil Aydoğan
General Manager
893
(NUMBER OF BRANCHES)
VakıfBank continued
to serve with a total
of 893 branches, three
overseas and 890
domestic branches.
Continuing to increase the Bank’s funding base in a
healthy way in 2014, our deposits reached TL 91.8 billion.
Furthermore, we continued our efforts to further diversify
our sources of funding and increase their maturities.