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Evet (Yes)
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21.11.2011, 11.03.2013, 15.08.2013, 16.09.2013, 04.06.2015, 17.06.2015, 16.05.2016, 21.10.2021
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Hayır (No)
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Reference: Public disclosures of Türkiye İş Bankası A.Ş. (İşbank) on 21.11.2011, 11.03.2013, 15.08.2013, 16.09.2013, 04.06.2015, 17.06.2015, 16.05.2016 and 21.10.2021.
With the related public disclosures, it has been announced that as a result of the investigation carried out by the Competition Board to determine whether there has been a violation of Article 4 of the Law on the Protection of Competition No. 4054 it had been decided to impose administrative fines on 12 banks, including our Bank with the possibility of recourse to the Courts and this decision had been disclosed by the Competition Board, and that TL 109,992,300 of the administration fine given to İşbank by the Competition Board, the amount calculated by benefiting from the discount within the frame of the provision of Article 17 of the Misdemeanor Law nr. 5326, was paid by İşbank to the Large Taxpayers Tax Administration Office at 15.08.2013, provided that the Bank reserves its right to litigate against the related decision and to claim for refund; and that İşbank had appealed to Ankara Administrative Court for a cancellation lawsuit to demand a stay of execution as well as the developments related with the process.
At this point, the trial process has concluded in favor of our Bank and the penalty amount of TL 109,992,300 paid by our Bank has been refunded.
This is the translation of the Turkish public disclosure made by Türkiye İş Bankası A.Ş. through the Public Disclosure Platform, under the Material Events Guideline prepared in accordance with the Communique of Material Events, numbered II-15.1. According to the Material Events Guideline and the regulations, the Turkish public disclosure shall prevail.
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We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.