Vakifbank (PRIVATE.VAKIFBANK)

Overall impact
A (81)

Commentary

Vakifbank is a leader for overall positive impact. With an 'A' rating of 80.7 for overall impact (95th percentile compared to all companies), Vakifbank ranks 9th out of 50 industry peers, behind DNB ASA, Aareal Bank, Nordea Bank and 5 others, and ahead of ING Group, BNP Paribas, Skandinaviska Enskilda Banken AB and 38 others. On top material causes for Vakifbank's industry (Banking), Vakifbank performs well in Sustainable Use of Natural Resources (95.1 score), Improved Mental Health (95.5), Healthy Oceans (95.7) and 7 other causes where it received an 'A' score. Vakifbank did not receive a 'D' or 'F' rating on any cause.
Impact
Cause PRIVATE.VAKIFBANK
Peer rank
Overall impact

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Impact trend

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Company
Founded
1954
Employees
8,352
Sector
Financials
Industry
Banks
Sub-industry
Diversified Banks
SASB industry
Commercial Banks
Headquarters
Turkey
Share classes
PRIVATE.VAKIFBANK
Description
VakifBank is a commercial banking institution established in 1954 and based in Istanbul, Turkey. The bank provides corporate, commercial, small and medium-sized enterprises, retail, and agricultural banking services. In addition to the core banking products and services, VakıfBank also plays a role in financing domestic and foreign trade, including investment banking and capital market activities. The bank, through its financial subsidiaries, provides financial products ranging from insurance to financial leasing and factoring services.
Material causes
Ethos considers the following causes material for Vakifbank, based on its industry sub-industry Diversified Banks. Learn more about material causes in our methodology overview.

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