REG - Turkiye Garanti Bank - Former public disclosures that are notyet resolved

Turkiye Garanti Bankasi ASAnnouncement

03/04/2018 11:10

RNS Number : 6228J
Turkiye Garanti Bankasi
03 April 2018
 

TO: Investment Community
FROM : Garanti Bank / Investor Relations
SUBJECT: Announcement regarding former public disclosures that are not yet resolved
DATE: April 3, 2018
Reference: Public disclosures of Türkiye Garanti Bankası A.Ş. (Garanti ) dated 18.08.2015, 30.09.2015, 30.11.2015, 29.01.2016, 29.03.2016, 30.05.2016, 02.08.2016, 03.10.2016, 02.12.2016, 02.02.2017, 03.04.2017, 02.06.2017, 03.08.2017, 03.10.2017, 04.12.2017 and 05.02.2018.
 
With the public disclosures referenced above, it was announced that the Ministry of Customs and Trade has imposed an administrative fine on our Bank, our Bank has paid such fine and filed an annulment action against the decision of the Ministry regarding the administrative fine in due time.
 
The court of first instance has rejected such action. The decision of the first instance court was appealed and the developments will be disclosed to the public, if any.
 
In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
 
We declare that our above statements are in conformity with the principles included in the Board's Communiqué, Serial II Nr.15.1, that it exactly reflects the information we received; that the information complies with our records, books and documents; that we did our best to obtain the correct and complete information relative to this subject and that we are responsible for the declarations made in this regard.
 
Yours sincerely,
 
Garanti Bank
Contact Garanti Bank Investor Relations:
Tel: +90 212 318 2352
Fax: +90 212 216 5902
E-mail: investorrelations@garanti.com.tr
www.garantiinvestorrelations.com
 



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