§ Section 5 para. 1 no. 6 to 9a and 28a para. 5 no. 1 to 5 BWG ? Qualification requirements for members of the Management Board and Supervisory Board
The statutory Fit & Proper requirements for members of the Management Board and Supervisory Board and holders of key functions are assessed on the basis of the bank's internal guideline ("Fit & Proper Guideline"), which explains the principles for assessing suitability. Fit & Proper training courses are also organised for members of the Management Board and Supervisory Board as well as for holders of key functions.
§ 29, 39c BWG ? Nomination and Remuneration Committee
A Nomination or Remuneration Committee of the Supervisory Board has not been established at VakifBank (Sections 29, 39c BWG).
39b and c BWG and Annex to Section 39b BWG ? Principles of the Remuneration Policy and Remuneration Committee
Compliance with the provisions of Sections 39b including annex and 39c BWG is carried out by the Supervisory Board of VakifBank, which monitors the corresponding remuneration policy, which is regulated in the Remuneration Policy, which is used to determine and apply remuneration practices.
64 para. 1 no. 18 and 19 BWG ? Extended disclosures in the notes to the annual financial statements regarding branches and return on assets
All financial information listed in § 64 (1) Z 18 and 19 BWG can be found in the annual report of VakifBank, which is available for download on our website.
The disclosure pursuant to Art. 431-455 of Regulation (EU) No. 575/2013 (CRR) can be downloaded below.
Write to us!
Give us a call. You can find our opening hours here.
