Announcement Regarding the Mortgage Covered Bond Programme

Reference: Garanti Bank Public Disclosure Dated December 06, 2018. 

It was announced with the public disclosure referenced above that as per the resolution of the Bank's Board of Directors dated December 7th, 2017, the Head Office has been authorized to apply to the CMB and BRSA for the renewal of mortgage covered bonds issuance approval up to EUR 2 billion in total or equivalent in any other currency including Turkish Lira, to be sold without public offering, outside Turkey and the applications to the CMB in order to make bond issuances and private placements have been completed.

Accordingly, it was announced in the letter of the CMB dated December 05, 2018 that our Bank’s application has been approved and the proceeds of the issuance in the amount of 150.000.000 Turkish Lira have been transferred to Garanti Bank's accounts on December 07, 2018.

Announcement Regarding the Mortgage Covered Bond Programme

 

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