REG-Turkiye Garanti Bankasi A.S. Turkiye Garanti Bankasi A.S.: Establishment of a subsidiary

Turkiye Garanti Bankasi ASAnnouncement

27/04/2023 18:15

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   Turkiye Garanti Bankasi A.S. (TGBD)
   Turkiye Garanti Bankasi A.S.: Establishment of a subsidiary

   27-Apr-2023 / 18:04 GMT/BST

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   TO: Investment Community

         FROM : Garanti BBVA / Investor Relations

   SUBJECT: Establishment of a subsidiary

    

    

    

   DATE: April 27, 2023

    

    

   Banking Regulation and Supervision Agency approved our Bank’s  application
   and allowed our  Bank to establish  a joint stock  company with the  trade
   name of “Garanti BBVA Finansal  Teknolojiler A.Ş.” having a total  capital
   of 100.000.-TL  (hundred thousand  Turkish Liras)  in order  to invest  in
   financial  technologies  and/or  carry   on  the  business  of   providing
   consultancy or  advisory  services to  the  Bank and/or  its  subsidiaries
   related to  their investments  in financial  technologies,  market/company
   analysis and similar activities. The incorporation process of the  company
   has been completed.

    

   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 BBVA

   Contact Garanti BBVA Investor Relations:

   Tel: +90 212 318 2352

         Fax: +90 212 216 5902

         E-mail:  1 investorrelations@garantibbva.com.tr

          2 www.garantibbvainvestorrelations.com

    

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   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   ISIN:          US9001487019
   Category Code: MSCL
   TIDM:          TGBD
   LEI Code:      5493002XSS7K7RHN1V37
   Sequence No.:  240181
   EQS News ID:   1619755


    
   End of Announcement EQS News Service

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References

   Visible links
   1. mailto:investorrelations@garantibbva.com.tr
   2. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=19979b7bae6aeeb49d76141fbe11774c&application_id=1619755&site_id=reuters8&application_name=news


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