Risk Level:
unknown %

Status:
Risk Alert – Entity in a problematic sector - Sector controlled by the Top Alert entities

Info:
Reuters reported in November 2017: “Zarrab said he had learned from Zafer Caglayan, who was Turkey’s economy minister, that Erdogan and then-treasury minister Ali Babacan had authorized two Turkish banks, Ziraat Bank and VakifBank, to move funds for Iran.”;

Vakıfbank denies involvement in Iran sanctions evasion amid US lawsuit;

Sbusidiaries:
VakifBank International Wien AG.
Vakif Emeklilik A.S.
Vakif Finansal Kiralama A.S.
Vakif Deniz Finansal Kiralama A.S.
Gunes Sigorta A.S.
Vakif Finans Faktoring Hizmetleri A.S.
World Vakif Offshore Banking Ltd.
Turkiye Sınai Kalkınma Bankasi
Vakıf Portfolio Management
Vakif Investment Corporation

Industry:
Banking Sector

Also Known As:
Türkiye Vakıflar Bankası T.A.O.
Vakif Bank

Country:
Turkey

Address:
Levent, Besiktas, Istanbul

Website:
www.vakifbank.com

E-mail:
nicro@vakifbank.com

Person of interests:
Ismail Alptekin(Chairman)
Mehmet Emin Özcan(CEO)

Reason for the color:
» Erdogan helped Turks evade Iran sanctions;


You May Be Interested

IFMAT Color Guide

×
We sort entities who are connected with terrorist activities, in two sections, first by risk and second by geolocation.
GeoLocation divisions are divided into two fields, Black List and Gray List.
BlackList is a list of all companies, organizations and figures who originate from Iran.
GrayList is a list of all companies, organizations and figures out of Iranian borders, and doing business with Iran.
We identify risk of entities by COLOR selection, each color marks the risk level of the entity.(by declining order)
 
TOP ALERT
Designated / Sanctioned / Illicit entities
 
HIGH ALERT
Entities affiliated with Designated / Sanctioned / Illicit entities.
 
MEDIUM ALERT
Entities sanctioned in the past for Terror or Illicit activities / WMD related / Human rights violations.
 
RISK ALERT
Entities in a problematic sector - Sector controlled by the Top Alert entities.
 
GENERAL ALERT
Legitimate entities - we cannot determine whether an entity is completely green, and that is due to the facts that the Iranian economy is not transparent enough for us. Be sure.