[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
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Material Event Disclosure General
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Update Notification Flag
Hayır (No)
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Correction Notification Flag
Hayır (No)
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Date Of The Previous Notification About The Same Subject
-
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Postponed Notification Flag
Hayır (No)
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Announcement Content
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Explanations
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Within the scope of our Bank's Board of Directors' decision to increase the capital of our Bank from 5.696.100.000.-TL to 19.638.600.000.-TL and for the capital increase of 13.942.500.000.-TL to be made in cash to be covered from the amount transferred to the capital advance account as "capital advance" on behalf of ENBD based on the early repayment of subordinated loans (TIER II) secured from our majority shareholder Emirates NBD Bank PJSC (ENBD) as per the compliance decision of the Banking Regulation and Supervision Agency (BRSA), the required permissions were obtained from the BRSA and the approval of the Ministry of Trade of the Republic of Türkiye is awaited. In this context, provided that the necessary approvals have been obtained, it was decided with the decision of our Board of Directors dated 6 May 2024 to hold an Extraordinary General Assembly Meeting on 16 May 2024 to submit the capital increase of our Bank from 5,696,100,000.-TL to 19,638,600,000.-TL and thus the amendment of Article 6 of the Bank's Articles of Association for the approval of General Assembly .