Capital/Financing Update • Jan 10, 2025
Capital/Financing Update
Open in ViewerOpens in native device viewer
| Summary Info | The CMB approval regarding the limit of issuance of debt securities which can be included in the calculation of equity in domestic market |
| Update Notification Flag | Yes |
| Correction Notification Flag | No |
| Postponed Notification Flag | No |
| Authorized Member Decision Date | 13.11.2024 |
| Issue Limit | 7.000.000.000 |
| Currency Unit | TRY |
| Issue Limit Security Type | Subordinated Debt Securities |
| Sale Type | Sale To Qualified Investor |
| Domestic / Oversea | Domestic |
| Capital Market Board Application Date | 11.12.2024 |
| Capital Market Board Application Result | APPROVAL |
| Capital Market Board Approval Date | 09.01.2025 |
| Expiry Date of Issue Limit | 08.01.2026 |
Additional Explanations
Ref: Our public disclosure dated 11.12.2024. It has been announced within the our public disclosure in the ref, that, application for CMB has made by our bank regarding the issuance of bonds or any other similar debt securities in Turkey to qualified investors, having the particulars specified in the Regulation on Equity of the Banks published in the Official Gazette dated September 5, 2013 and numbered 28756, and which may be included in the calculation of equity, with varying maturities up to a nominal amount of up to 7 billion TL. The announcement regarding to mentioned approval of CMB has been made with in 09.01.2025 dated, 2025/2 numbered CMB bulletin. In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.