Plan for the future with confidence through Vakıf Katılım's “Promise-Based Precious Metal” transaction

Vakıf Katılım offers its corporate customers the opportunity to calculate their costs today and protect themselves against price fluctuations through its Promise-Based Precious Metal transactions.

Vakıf Katılım continues to develop solutions and products that simplify its customers' lives. Thanks to its Promise-Based Precious Metal Purchase/Sale Transactions, offered to corporate customers seeking to effectively manage their financial risks, prices for future precious metal purchases and obligations can be determined today, enabling stronger financial planning.

“We help our customers establish a sustainable business structure.”

In a statement on the matter, Tarık Börekçi, Deputy General Manager of Treasury and Strategy at Vakıf Katılım, said, "With our Promise-Based Precious Metal transactions, which we offer based on our customers' needs, we provide our corporate customers with the opportunity to know their costs in advance and make better plans for the future. With this product, which operates in the same way as foreign exchange forward transactions and is offered in accordance with participation banking principles, our corporate customers can protect themselves against fluctuations in the precious metals markets. For example, a gold-producing company can fix the price of the gold it will produce and sell under the agreement today, making its commercial profit, along with extraction costs, predictable. We will continue to offer solutions that support financial stability in the coming period, as we have done so far."