VakıfBank is the second largest bank in Turkey in terms of asset size, established with an initial capital of TL 50 million on January 11, 1954, and later started operating on April 13, 1954. Abdi Serdar Üstünsalih has been selected as the CEO of the Bank.
The Russian tour operator Pegas Touristik offers its customers to issue a MasterCard Momentum card from the Turkish Vakif Bank upon arrival in the country. This was first reported by CardReview, The card is issued for 1 year and costs 12.5 thousand rubles.