The Group's principal activity is the provision of financial services including corporate and retail banking, securities brokerage, mutual and pension fund management, commercial, investment and small-scale enterprise banking,portfolio management and online banking. The Group also offers financial leasing and factoring services. It operates a nationwide network of 523 domestic branches and two international offices located in New York and Bahrain. The Group's subsidiaries include Vakifbank International AG, established in Austria with offices in Wien, Frankfurt and Cologne; World Vakif Offshore Banking Ltd. and Kibris Vakiflar Bank. Ltd. established in North Cyprus; Vakif Emeklilik A.S.; Vakif Finansal Kiralama A.S.; Vakif Yatirim Menkul Degerler A.S.; Gunes Sigorta; Vakif Finans Faktoring Hizmetleri A.S., and Turkiye Sinai Kalkinma Bankasi A.S.
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