Appeal against the Turkish Competition Board’s fine
Appeal against the Turkish Competition Board’s fine
Re: Our Bank’s public disclosure dated January 22, 2016
In our Bank’s public disclosure mentioned above, we disclosed that the annulment action filed by our Bank before the 13th Council of State regarding Turkish Competition Board's decision dated 07.03.2011 and no. 11-13/243-78 on imposing administrative fine against our Bank has been rejected and our Bank will appeal the aforementioned decision. Our Bank has appealed such decision before Council of State, Plenary Session of Administrative Law Chambers on February 22, 2016.
In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.