Turkiye Vakiflar Bankasi TAO (Vakifbank) is a Turkey-based commercial bank. The Bank offers products and services that cover corporate, commercial, investment and small-scale enterprise banking, as well as retail and private banking sectors. Vakifbank also provides financial leasing, portfolio management, real estate, insurance and factoring services through its financial participations. The Bank operates a network of domestic branches and international offices located in New York and Bahrain. Its subsidiaries include Vakifbank International AG, established in Austria with offices in Wien, Frankfurt and Cologne; World Vakif UBB 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 A.S.; and Vakif Finans Faktoring Hizmetleri A.S.