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Additional Explanations
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Reference: Public disclosure dated 07.01.2019 It has been announced in the referenced disclosure that the Board of Directors of our Bank had authorized the General Directorate to issue bills and/or bonds in Turkish Liras on behalf of our Bank, with varying types and maturities, up to 10 Billion Turkish Liras domestically, through one or multiple issuances; to determine the maturity of the bills and/or bonds planned for issuing to be no more than 5 years; to realize the sales via public offering; to issue with discounts and/or coupon depending on the market conditions and to issue coupon borrowing instruments with fixed or floating interest rate; to take as reference one or more treasury bills and/or government bonds which are matching with the borrowing instruments to be issued; to add extra premium, if necessary; to determine the rate of extra premium to be added; to designate all terms and conditions regarding the issues of borrowing instruments, including the due interest rates; and to make all required applications to the Banking Regulation and Supervision Agency, to the Capital Markets Board and other authorities. In this context; our Bank has made necessary applications to Capital Markets Board of Turkey and Borsa İstanbul A.Ş. and also notified the Banking Regulation and Supervision Agency for the issuance of bills and/or bonds to be sold domestically by our Bank in different maturities, via public offerings. In case of contradiction between the Turkish and English versions of this public disclosure, the Turkish version 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.