About the Board Decision related to Dividend Distribution of 2019
About the Board Decision related to Dividend Distribution of 2019
The Board of Directors of our Bank resolved on March 2nd 2020 that in accordance with the Banking Law, Capital Markets Law and related regulations, Article 45 of the Articles of Association of our Bank titled as “Distribution of the Profit” and Profit Distribution Policy; considering the Bank's growth target, it's long term strategy, along with domestic and international economic developments, the attached 2019 Profit Distribution Proposal and Profit Distribution Table regarding the transfer of the distributable net profit of 6.158.840.673,31 Turkish Liras to the Extraordinary Reserves Account after the relevant provisions are set aside, will be submitted for the approval at the Annual Shareholder's Meeting.
*In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.