TO: Investment Community
FROM : Garanti Bank / Investor Relations
SUBJECT: Announcement regarding former public disclosures that are not yet resolved
DATE: October 03, 2016
Reference: Public disclosures of Türkiye Garanti Bankası A.Ş. (Garanti ) dated 18.08.2015, 30.09.2015, 30.11.2015, 29.01.2016, 29.03.2016, 30.05.2016 and 02.08.2016
With the public disclosures referenced above, it was announced that the Ministry of Customs and Trade has imposed an administrative fine on our Bank, our Bank has paid such fine and filed a lawsuit for cancellation of the administrative fine in due time.
The lawsuit process is still ongoing and further developments will be disclosed to the public.
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.
Contact Garanti Bank Investor Relations:
Tel: +90 212 318 2352
Fax: +90 212 216 5902
E-mail: [email protected]
This information is provided by RNS