The team was established following a merger between two separate teams: VakıfBank and Güneş Sigorta. VakıfBank were originally an
Ankara-based team but moved to
Istanbul after the merger. Their name changed to VakıfBank Güneş Sigorta, VakıfBank Güneş Sigorta Türk Telekom (VGSTT), VakıfBank Türk Telekom and VakıfBank respectively. VakıfBank won three unbeaten
CEV Champions League championships in
2011,
2013,
2017 and
2018, and are the only unbeaten champions in European Champions League history. They also placed second in 1998 and 1999 in this competition. They won the
2013, 2017, 2018 and 2021 Club World Championship, the
CEV Top Teams Cup in 2004 and
CEV Challenge Cup in 2008 while finishing second in the
FIVB Volleyball Women's Club World Championship in
2011 and third in the European
Confederation Cup of 2000. The team is coached by Italian
Giovanni Guidetti since 2008. VakıfBank won 47 games of 47 in the 2012–13 season in all competitions including the European Champions League (12 games),
Turkish League (29 games), and
Turkish Cup (6 games). After that season, they kept most of the players and coaching staff for the 2013–14 season with little changes:
Jelena Nikolic, who took a break volleyball for one year, came back to the team and Italian international
Carolina Costagrande transfers from Chinese club
Guangdong Evergrande V.C. instead of Polish spiker
Malgorzata Glinka and Japanese
Saori Kimura. Glinka left the team after three great seasons and moved to her home country for familial reasons. From 23 October 2012 to 22 January 2014, VakıfBank won 73 consecutive victories in all official competitions, which was acknowledged as a world record by
Guinness World Records. During this feat the team won an unprecedented 5 trophies including the
Club World Championship,
European Champions League, and the domestic treble consisting of the Turkish National League, Turkish Cup and Turkish Super Cup. Their streak was finally ended on 27 January 2014 in a game against rivals
Fenerbahçe. ==Venue==