VAKIF KATILIM GREW BY 20% BY THE END OF 2024

Vakıf Katılım, which continues its operations with the vision of becoming a reference institution in participation banking, announced its first quarter results for 2025.

During this period, Vakıf Katılım collected 350.3 billion TL in funds and provided 398.6 billion TL in financial support to the real sector.

MEHMET ALİ AKBEN: “OUR GOAL IS TO CONTRIBUTE TO THE PROSPERITY OF THE COUNTRY.”

Vakıf Katılım General Manager Mehmet Ali Akben, commenting on the bank’s first-quarter financial results, said, “We are delighted to have completed the first quarter of 2025 in line with our goals. We achieved a 20% growth compared to the end of 2024 and reached a total asset size of 483.9 billion TL in the first quarter of 2025. The funds we disbursed (cash + financial leasing + non-cash) amounted to 398.6 billion TL, while the funds we collected reached 350.3 billion TL. As in the previous period, we continued our successful performance in profitability, achieving a net profit of 1.9 billion TL. During the same period, our equity capital stood at 37.2 billion TL, while our capital adequacy ratio was recorded at 16.48%, above the legal requirement level.”

Akben continued his statement on the subject as follows: “We are increasing our customer satisfaction rate with our products and services, which we enrich every year. This situation has a positive impact on our financial results, thereby increasing our resources and enabling us to contribute more to the development of the real economy. As we have always stated, our goal is not only to grow our Bank, but also to ensure the growth of our sector and contribute to the prosperity of our country. With our experienced management, dynamic operational systems, and innovative approach, we will continue our activities with a strong sense of responsibility and sustain our growth.”