Summary Info
Capital Markets Board Approval Regarding The Issuance of Subordinated Notes
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Authorized Member Decision Date
07.10.2022
Issue Limit
5.000.000.000
Currency Unit
TRY
Issue Limit Security Type
Subordinated Debt Securities
Sale Type
Sale To Qualified Investor
Domestic / Oversea
Domestic
Capital Market Board Application Date
28.10.2022
Capital Market Board Application Result
APPROVAL
Capital Market Board Approval Date
24.11.2022
Expiry Date of Issue Limit
24.11.2023
Additional Explanations
Reference: Public disclosures of Türkiye İş Bankası A.Ş. (İşbank) on 10.10.2022 and 31.10.2022. With the related public disclosures, it was announced that İşbank made the necessary application to Capital Markets Board regarding to issuance of TL borrowing instruments up to TL 5 billion domestically, that meet the criteria for the inclusion in Tier 1 capital and Tier 2 capital in accordance with the relevant legislation, in batches, with various terms, yields and amounts. Our application has been aprroved by Capital Markets Board on 24.11.2022. This is the translation of the Turkish public disclosure made by Türkiye İş Bankası A.Ş. through the Public Disclosure Platform, under the Material Events Guideline prepared in accordance with the Communique of Material Events, numbered II-15.1. According to the Material Events Guideline and the regulations, the Turkish public disclosure shall prevail.