Announcement on the approvals of BRSA and CMB with regard to the capital increase, amendment of the Articles of Association of the Bank and purchase of founder shares.
We kindly inform you that our applications dated April 22, 2008 with regard to the:
- increase in the issued capital of the Bank in cash from YTL 2,100,000,000 to YTL 4,200,000,000
- amendment to the Articles 15, 16 and 45 of the Articles of Association of the Bank.
- cancellation and destruction of the founder share-certificates of the Bank following their purchase, by covering the total consideration from the extraordinary reserves of the Bank,
have been approved by the Capital Markets Board of Turkey (CMB) and Banking Regulation and Supervision Agency (BRSA) and accordingly, our Bank continues to conduct any and all acts in this regard.