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TWF to support public and participation banks through capital injection

9 February 2022
Per its mandate to reinforce the improvement and deepening of the financial markets, Türkiye Wealth Fund (TWF) has started the process of increasing the core capitals of Ziraat Bank, Halkbank, and VakıfBank as well as provide subordinated loans to Development and Investment Bank of Türkiye, Vakıf Katılım, and Türkiye Emlak Katılım Bank. With the capital injection, TWF and TWF Market Stability and Balance Fund (PDIF) aim to strengthen the public and participation banks towards the volatility at global markets, support their growth strategies and increase their synergy.

Further developments will be shared with public.

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