Vakıfbank Provided 250 Million Dollars of Funds from Abroad

VakıfBank provided a new source of 250 million dollars with a maturity of one year from abroad through two different transactions. VakıfBank General Manager Abdi Serdar Üstünsalih said, "As VakıfBank, we continue to bring new funds from abroad to our country, even in an environment where challenges are at the forefront."

In the statement made by Vakıfbank, which provided a total of 5.4 billion dollars in resources from international markets in 2021, despite the increasing uncertainty in the global markets, it also provided 250 million dollars of new resources by 2022.

Referring to the regional risks and the increasing alarm in the global markets, VakıfBank General Manager Abdi Serdar Üstünsalih said, "As VakıfBank, we continue to bring new funds from abroad to our country, even in an environment where difficulties are at the forefront. In this period, we are happy to have obtained a source of approximately 250 million dollars with a maturity of 1 year through the transactions we carried out under two different structures. Undoubtedly, even in such a global environment, the transactions in question proved to be the most meaningful indicator of the VakıfBank brand, its awareness, and the trust placed in the Turkish banking sector. We will continue to use these resources, as always, to finance our manufacturing and exporting companies and projects that support employment. I would like to take this opportunity to express my gratitude to all the creditor banks who contributed to the realization of these transactions.”