EE Impact

Vakif Bank

Turkey · Finance & Payments

LeaveRussia detail: Continue Operations

Still operating in Russia

VakıfBank is the second largest bank in Turkey in terms of asset size, established with an initial capital of TL 50 million on January 11, 1954, and later started operating on April 13, 1954. Abdi Serdar Üstünsalih has been selected as the CEO of the Bank.

Status last verified 03/08/2026Source checked 11/02/2024Company website ↗LeaveRussia profile ↗

Decision trail

Decision date 22/06/2023 · Reference ↗

The Russian tour operator Pegas Touristik offers its customers to issue a MasterCard Momentum card from the Turkish Vakif Bank upon arrival in the country. This was first reported by CardReview, The card is issued for 1 year and costs 12.5 thousand rubles.

Status history since 2022

  1. 03/08/2026 operating · Imported from KSE LeaveRussia

Exposure profile

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Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.

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