[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
oda_MaterialEventDisclosureGeneralAbstract|
Material Event Disclosure General
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Update Notification Flag
Hayır (No)
oda_CorrectionAnnouncementFlag|
Correction Notification Flag
Hayır (No)
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Date Of The Previous Notification About The Same Subject
25.12.2020
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Postponed Notification Flag
Hayır (No)
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Announcement Content
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Explanations
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Reference: Public disclosure dated 25.12.2020.

In our referenced disclosure, we announced that Ministry of Trade (formerly the Ministry of Customs and Trade) had issued an administrative monetary fine to our Bank, our Bank paid the fine and thereupon filed a lawsuit for cancellation of the fine before Istanbul Administrative Court; the lawsuit was dismissed, and that such dismissal judgment were to be appealed before the Regional Administrative Court.

The appeal process has now been completed and the decision has been finalized against our Bank.