corporate
governance

We continue our activities in compliance with the Corporate Governance Principles in order to protect all stakeholders, mainly shareholders, to act in the interests of stakeholders, and to create sustainable value for our country while growing. In this regard; we continue our activities in line with the principles of equality, transparency, accountability, and responsibility, in compliance with banking legislation, capital market legislation, the Turkish Commercial Code, and other relevant regulations. In this context, we carry out Corporate Governance Compliance Reporting and prepare Corporate Governance Compliance Report (CRF) and Corporate Governance Information Form (CGIF) annually.

Also, we explain in detail our works in the environmental, social, and governance (ESG) fields within the scope of the Sustainability Principles Compliance Framework put into practice with the Communiqué on Amendments to the Corporate Governance Communiqué No. II.17.1 of the Capital Markets Board published in the Official Gazette on October 2, 2020, and we pay maximum attention to the implementation of these principles.

We believe that corporate governance is through managing risks with a proactive approach in accordance with legal legislation and international standards, preventing situations that may cause a conflict of interest and ethical banking practices that increase transparency. We share the information and documents that should be presented to stakeholders transparently in the Investor Relations section of our website. Along with the financial risks that affect or may affect our institution; we also monitor non-financial risks, such as reputational risks and environmental risks, including climate change, and manage these risks in line with national legislation and international regulations.

In addition to being against all kinds of bribery and corruption, we are determined to comply with the relevant laws, regulations, and principles. Issues such as laundering proceeds of crime and fighting financing of terrorism and preventing the use of the financial system by criminals are also among the main areas that we focus on.

You may find detailed information about Corporate Governance on our website at https://www.vakifbank.com.tr/corporate-governance.aspx?pageID=1304