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


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

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


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: [email protected]
www.garantibbvainvestorrelations.com

 



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


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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