Turkiye Is Bankasi : Notification Regarding Issue Limit
January 02, 2017 at 07:22 am EST
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Notification Regarding Issue Limit
Summary Info
:
Authorization to the Head Office for Issuance of Bonds, Bills or Other Borrowing Instruments Abroad
Update Notification Flag
:
No
Correction Notification Flag
:
No
Postponed Notification Flag
:
No
Authorized Member Decision Date
:
28.12.2016
Issue Limit
:
5.000.000.000
Currency Unit
:
USD
Issue Limit Secutity Type
:
Debt Securities
Sale Type
Oversea
Domestic / Oversea
:
Oversea
As per the Bank's Board of Directors' resolution dated December 28th, 2016, Head Office is authorized to take the necessary actions with regard to the issuance of bond, note or other borrowing instruments, outside of Turkey, by one or more issuances, with total amount of USD 5 billion or equivalent in TL or in any other foreign currency, fixed and/or floating interest.
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.
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Turkiye Is Bankasi AS published this content on 28 December 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 January 2017 12:22:05 UTC.
Original documenthttp://www.isbank.com.tr/EN/about-isbank/investor-relations/disclosures-to-bist/Pages/disclosures-to-bist.aspx?4DDCBC12-B456-4049-8BDA-FB3415CAE7E1idCol=3355
Public permalinkhttp://www.publicnow.com/view/FA1658E89890A1D9CFDD1F970E52E05CC250E4DD
Turkiye Is Bankasi AS is a Turkey-based banking institution. It operates under the following business segments: Corporate, Commercial, Retail and Private Banking, as well as Treasury/Investment Banking. Its Corporate and Commercial Banking segments provide services to large corporations, Small and Medium Enterprises (SMEs) and other trading companies, such as operating and investment loans, deposit and cash management, foreign trade transactions and financing, foreign currency trading and other banking services. Its Retail Banking services are comprised of individuals needs such as deposits, consumer loans, credit cards, foreign currency trading, insurance and other banking services. The Private Banking category is comprised of financial and cash management related services provided for individuals within the high-income segment. Treasury transactions are comprised of medium and long term funding tools. Its investments in associates and subsidiaries fall under Investment Banking.