Source - RNS
RNS Number : 4876T
Turkiye Garanti Bankasi
12 October 2017

TO: Investment Community

FROM : Garanti Bank / Investor Relations

SUBJECT: Announcement Regarding the Mortgage Covered Bond Programme

DATE: October 12, 2017


Reference: Garanti Bank Public Disclosure Dated October 09, 2017


It was announced with the public disclosure referenced above that as per the resolution of the Bank's Board of Directors dated November 3rd, 2016, the Head Office has been authorized to apply to the CMB and BRSA for the renewal of mortgage covered bonds issuance approval up to EUR 2 billion in total or equivalent in any other currency including Turkish Lira, to be sold without public offering, outside Turkey and the applications to the CMB in order to make bond issuances and private placements to secure a financing in the amount of EUR 200 million equivalent to Turkish Lira, with 5 or 6 years maturity, which will be used for SME financing, under Covered Bond Programme have been completed.


Accordingly, the CMB Drawdown Approval dated 12.10.2017 is enclosed herewith


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 Bank



Contact Garanti Bank Investor Relations:

Tel: +90 212 318 2352
Fax: +90 212 216 5902
E-mail: [email protected]



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