Summary Info
Resolution of the Board of Directors regarding issuance of sustainable/green bonds and/or financial bonds with an amount of 3,000,000,000 TL (three billion Turkish Liras) and up to 5 years
Update Notification Flag
No
Correction Notification Flag
Yes
Postponed Notification Flag
No
Reason of Correction
Issue Ceiling Security Type has been revised.
Authorized Member Decision Date
25.06.2025
Issue Limit
3.000.000.000
Currency Unit
TRY
Issue Limit Security Type
Green/Sustainability Themed Capital Market Instruments (Debt Intstrument)
Sale Type
Sale To Qualified Investor
Domestic / Oversea
Domestic
Additional Explanations
The Board of Directors of our Bank has decided to approve a total amount of 3,000,000,000 TL (three billion Turkish Liras) and for up to 5 (five) years sustainable/ green bonds and/or issuance of financial bonds and to apply to the CMB and BRSA, in addition, to accept the QNB Group Green, Social and Sustainability Bond Framework document attached to the resolution as our Bank's Green, Social and Sustainability Bond Framework, to issue such sustainable/green bills/bonds for private placement to qualified investors, to assign QNB Yatırım Menkul Değerler A.Ş. as the intermediary for this private placement, to authorize General Management to determine the qualification, nominal amount (as not exceeding 3,000,000,000 TL), price and form of sale, maturity (as not exceeding 5 years), interest rate (determining additional profit rate based on profits of the government debt securities issued by the Secretariat of the Treasury), interest type (fixed and/or floating) allocation conditions of the bank sustainable/green bills and/or bonds; to execute all necessary transactions including completion of the sale and trading of such debt instruments (including but not limited to bills/ bonds) on the Borsa Istanbul and to obtain documents related to registration, approval of the circular and to amend the prospectus and circulars when necessary and upon completion of the required and necessary documentation in order to apply to the Banking Regulation and Supervision Agency, Capital Markets Board and Borsa Istanbul. *In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.