Vakıf Faktoring reports 1.76 billion lira net profit for first nine months of 2026

Vakıf Faktoring has released its financial results for the first nine months of 2026, reporting a net profit of 1.76 billion lira. This represents a 25 percent increase compared to the same period last year.

The company's total assets grew by 78 percent year-on-year, reaching 53.6 billion lira by the end of September. General Manager Akgün Koç noted that the firm's growth reflects its ability to respond to market dynamics, particularly as credit conditions in the banking sector tighten.

Koç emphasized that the company provides critical liquidity to the real sector, supporting production, exports, and employment by offering fast and secure access to financing during periods of restricted commercial credit growth.