VakifBank International AG, Wien, Zweigniederlassung Deutschland

VakifBank International AG, Wien, Zweigniederlassung Deutschland is the German branch of VakifBank International AG, an Austrian credit institution ultimately owned by Türkiye Vakıflar Bankası T.A.O. It operates in Germany under the EU passport regime; prudential supervision is conducted by the Austrian Financial Market Authority and the Oesterreichische Nationalbank within the ECB’s Single Supervisory Mechanism, while BaFin and the Deutsche Bundesbank oversee branch conduct and local reporting. The branch’s activity in Germany is geared toward corporate and institutional clients involved in cross‑border trade, offering trade finance instruments (letters of credit, guarantees, documentary collections), bilateral corporate lending, cash management, SEPA and international payments, and foreign exchange and treasury services; it does not maintain a broad retail network. Deposits accepted by the German branch are protected by Austria’s statutory deposit guarantee scheme (Einlagensicherung AUSTRIA GmbH) up to EUR 100,000 per depositor, per bank, in line with EU rules; the German Entschädigungseinrichtung deutscher Banken scheme does not apply to this branch. Engagements that touch jurisdictions outside the EU, including Turkey, are subject to standard AML/KYC, sanctions screening, and trade documentation requirements. Pricing, eligibility, and collateral terms are set case by case and provided in contractual documentation rather than through public rate sheets, and clients should review governing law, dispute resolution, and deposit protection disclosures that specify the home‑state framework applicable to the branch.