Türkiye Vakıflar Bankası T.A.O. Auditors’ Report was prepared in accordance with the Article 31 of Türkiye Vakıflar Bankası T.A.O.
Auditors’ Report was prepared in accordance with the Article 31 of Türkiye Vakıflar Bankası T.A.O. Articles of Incorporation and presented to you.
The Bank is open to public scrutiny and periodically audited by the Banking Regulation and Supervision Agency (BRSA) and the Court of Account as well as the Independent Auditing Firm pursuant to Article 30 of the Articles of Incorporation.
In 2021, the Bank
The Bank’s Capital Adequacy Ratio, which profited TL 4,175,464 thousand in 2021, is at the level of 14.85%.
Providing service with a total of 940 branches and 16,929 personnel, the Bank continued to support the economy with its strong funding sources and structure. The development of the staff is supported by trainings given by the Bank’s Corporate Academy and 564,193 person/hour training was given to employees in 2021.
The financial information regarding the annual activities of the Bank, is presented in conformity with the procedures and principles in force under Banking Law numbered 5411, Turkish Commercial Code numbered 6102, Capital Market Law numbered 6362, generally accepted accounting principles, relevant legislation and the Regulation on Banks’ Internal Systems and Internal Capital Adequacy Assessment Process.
The internal systems departments of the bank consist of the Board of Auditors Department, the Internal Control Department, the Risk Management Department and the Compliance and Regulation Department. It is observed that,
The transactions carried out at the bank are examined through monitoring and control programs; the results of the analysis are analyzed and necessary notifications are made in line with the reporting obligation, and in this context, it is ensured that all transactions and activities of the Bank are carried out in accordance with the legal regulations regarding the prevention of laundering proceeds of crime and financing of terrorism,
As a result; it is understood that the internal control, internal audit and risk management systems established by the bank are operated effectively, adequately and appropriately, and the studies and trainings to prevent and detect fraudulent transactions are carried out.
Yours sincerely,