Brief: Is Bankasi Says It Reached Mutual Discharge Agreement With SDIF And Paid $48 Mln Subject To The Lawsuit To SDIF

Turkiye Is Bankasi AS

05/02/2024 15:16

Feb 5 (Reuters) - TURKIYE IS BANKASI AS  ISCTR.IS :
    * IS BANKASI SAYS MUTUAL DISCHARGE AGREEMENT WAS REACHED
WITH SDIF
AND THE BALANCE OF $48 MILLION, INC. INTEREST, SUBJECT TO THE
LAWSUIT WAS PAID TO SDIF, AND THE NECESSARY PROVISIONS WILL BE
SET ASIDE FOR THE ENTIRETY OF THE AMOUNT AS OF 31.12.2023

Source text for Eikon:  ID:nIKA3kskP4 
Further company coverage:  ISCTR.IS 

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