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
03.10.2024
Issue Limit
10.000.000.000
Currency Unit
TRY
Issue Limit Security Type
Subordinated Debt Securities
Sale Type
Sale To Qualified Investor
Domestic / Oversea
Domestic
Capital Market Board Application Date
01.11.2024
Capital Market Board Application Result
APPROVAL
Capital Market Board Approval Date
09.01.2025
Expiry Date of Issue Limit
09.01.2026
Additional Explanations
Reference: Public disclosures of Türkiye İş Bankası A.Ş. (İşbank) on 03.10.2024 and 01.11.2024. With the related public disclosures, it was announced that İşbank made the necessary application to Capital Markets Board of Türkiye (CMBT) regarding to issuance of TL borrowing instruments up to TL 10 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 of Türkiye and the approval is published in the CMBT's weekly bulletin dated 09.01.2025, numbered 2025/2. The Issue Document and Application Form approved by the CMBT will be published after those documents reaches our Bank. 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.