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English
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oda_MaterialEventDisclosureGeneralAbstract|
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oda_UpdateAnnouncementFlag|
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Evet (Yes)
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oda_CorrectionAnnouncementFlag|
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Hayır (No)
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oda_DateOfThePreviousNotificationAboutTheSameSubject|
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25.08.2009, 08.03.2011, 22.09.2011, 12.10.2011
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oda_DelayedAnnouncementFlag|
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Hayır (No)
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oda_ExplanationSection|
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oda_ExplanationTextBlock|
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Reference: Public disclosures of Türkiye İş Bankası A.Ş. (İşbank) on 25.08.2009, 08.03.2011, 22.09.2011 and 12.10.2011.
With the related public disclosures, it has been announced an annulment action was filed by our Bank with the claim of suspension of execution, before the Council of State against Turkish Competition Board's decision imposing an administrative fine in 2011.
Our claim for annulment and appeal for the revision of that decision were rejected and legal process before the Council of State has been concluded against our Bank.
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.