2022 Children Trained in VakıfBank Sports Schools 1,200 We develop social responsibility projects that add value to society and the world. With the investment made in the infrastructure of VakıfBank, which raises volleyball players to be world and European champions, we have trained over 3,000 girls and introduced talented youth to the world of sports. Through VakıfBank Culture Publications, we introduce high-quality works to the world of culture. WE LOOK TO THE FUTURE WITH HOPE 2022 Number of Renewable Energy Projects 80 As Türkiye’s first carbon-neutral bank, we reduce our carbon footprint every year and continue to secure our future with products and services focused on sustainability in line with our goals In addition to the resources we provide, we also adopt a responsible and green financing approach to the projects we finance. We prioritize environment-friendly projects, energy efficiency, and renewable energy projects. OUR PLANET COMES FIRST 2021-2022 Change in the Number of Digital Banking Customers 14% We believe that digital transformation serves as a significant leverage in sustainable value creation. As a bank that develops its banking software using internal resources, we continuously monitor advances in technology. We take innovative steps at VakıfBank Sports Club, too - just as we do in the banking industry. GPS Player Performance Monitoring Technology helps us monitor our players’ improvements and analyze their performance and efficiency. INNOVATIVE PRODUCTS & STRONG DIGITAL INFRASTRUCTURE 2021-2022 Change in Performing Loans 62.71% We strive to carry our country to the top in all the areas we operate in. We take firm steps toward our goals. Just as our team governs robustly, we develop the right strategies to provide the maximum contribution to our country. As VakıfBank employees, we stand out with our key player role in sustainable development and strong performance by focusing on our strategies. STRONG GOVERNANCE PERSPECTIVE 2021-2022 Change in Total Assets 66.90% Having hit the top in recent years, our Club has tackled many challenges. This accomplishment was thanks to the robust management structure and investment in long-term goals. Our Club’s strategy is the same as our Bank’s strategy: Sustainability. In this respect, attaining five championships in five pools is not a coincidence: rather, it’s a sign of other great victories. BELIEVING, ACCOMPLISHING AND MAKING IT TO THE TOP! FOR THE PAST 68 YEARS, WE HAVE PURSUED ONE GOAL FOR OUR COUNTRY: MAKING OUR ACHIEVEMENTS SUSTAINABLE As we work toward our dreams and goals, we feel the very well-deserved pride of having attained yet another exemplary achievement in sustainability. The years of investment and ambition came to fruition as the VakıfBank Women’s Volleyball Team won five championships in five pools, adding yet more legendary accomplishments to its list. We dedicate our Integrated Annual Report for 2022 to our Women’s Volleyball Team. We believe from the bottom of our hearts that this team will attain many other achievements, as it has always made our country, first and foremost women, proud. Integrated Annual Report 2022 TEAM SPIRIT TO WIN LIFE AND THE FUTURE TOGETHER
Mustafa SAYDAM

AT VAKIFBANK, WE HAVE CONTINUED TO SUPPORT INVESTMENT, EMPLOYMENT, AND PRODUCTION FOR TÜRKİYE’S ECONOMY IN 2022.

Mustafa SAYDAM
Chairman of the Board

Abdi Serdar ÜSTÜNSALİH

WE CONTINUED TO MAKE A DIFFERENCE IN THE BANKING SECTOR WITH OUR SUSTAINABLE BANKING APPROACH.

Abdi Serdar ÜSTÜNSALİH
General Manager

Our Mission Continuously increasing the value created for customers, employees, shareholders and society by managing its assets and the values entrusted with in an effective and efficient manner with the strength of its foundation culture. Our Vision Being the Leader Bank of Strong Türkiye Our Core Values • Reliability • Social responsibility • Result-oriented • Customer-oriented • Innovative approach • Team spirit • Loyalty • Leadership
Our Financial Capital Change in Total Assets: 66.90% Total Amount of Cash & Non-Cash Loans: TL 1,208 Billion Capital Adequacy Ratio: 15.19% Click for more...
Our Intellectual Capital Total Number of Customers in Digital Channels: 11,477,124 Amount of Products/Services with Brand Registration in 2022: 28 Click for more...
Our Manufactured Capital Number of Branches: 949 Number of ATMs: 4,148 ATMs for Barrier-free Life: 4,124 Share of Transactions from ADCs: 97.20% Click for more...
Our Social and Relational Capital New Customers Gained: 1,448,324 Children Trained in VakıfBank Sports Schools: 1,200 Number of Books Published in 2022: 70 Awards Received in Sports: 5 Click for more...
Our Human Capital Rate of Female Employees: 50.51% Average Training Time per Employee: 46.54 hours Employee Turnover Rate: 2.89 Click for more...
Our Natural Capital Total Number of ISO 14001 Certified Locations: All Bank Locations Energy Consumption per Employee: 3.87 MWh/person Water Consumption per Employee: 12.80 cubic meters Click for more...
OUR VALUE CREATION MODEL

VakıfBank in Numbers

Change in Asset Size 2022 2021 66.9% 44.1%
2022 2021 Change in Cash Loans 62.7% 35.9%
2022 2021 90.8% 42.7% Change in Deposits
2022 2021 Change in Securities Issued 12.7% 36.2%
2022 2021 Change in Shareholders’ Equity 105.9% 11.8%
2022 2021 15.19% 14.85% Capital Adequacy Ratio
2022 2021 Average Training Time per Employee 46.54 Hours 33.32 Hours
2022 2021 Number of ATMs for Barrier-Free Life 4,124 4,035
2022 2021 2.89 1.69 Employee Turnover Rate
2022 2021 Number of Renewable Energy Projects Financed 80 22
2022 2021 Share of Transactions from ADCs 97.20% 96.27%
2022 2021 50.51% 50.51% Female Employee Rate