Turkiye Garanti Bankasi : Lawsuit abroad to which the Bank is a party
November 20, 2017 at 06:01 am EST
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Lawsuit abroad to which the Bank is a party
With the public disclosures dated 14.08.2015, 12.10.2015, 11.12.2015, 11.02.2016, 11.04.2016, 10.06.2016, 10.08.2016, 10.10.2016, 12.12.2016, 13.02.2017, 13.04.2017, 14.06.2017, 14.08.2017 and 20.09.2017.
With the public disclosure referenced above, it was announced that the Grande Tribunal of Paris handling financial crimes rendered its decision in a litigation matter where our Bank is listed as one of the defendants, decided to impose a judicial fine to our Bank and our Bank intends to file an appeal. The decision of the court has been appealed and the developments will be disclosed to the public, if any.
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Turkiye Garanti Bankasi AS published this content on 20 November 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 20 November 2017 11:00:06 UTC.
Original documenthttps://www.garantiinvestorrelations.com/en/news/detay/Lawsuit-abroad-to-which-the-Bank-is-a-party/112/6104/0
Public permalinkhttp://www.publicnow.com/view/958025D53C9D3AAAAE7CEBB52CDF69DB4AC286E4
Turkiye Garanti Bankasi AS is a Turkey-based banking institution. It operates under the following business segments: Retail Banking, Corporate/Commercial Banking and Investment Banking. The banking products served to customers are: custody services, time and demand deposits, accumulating deposit accounts, repos, overdraft facilities, spot loans, foreign currency indexed loans, consumer loans, automobile and housing loans, working capital loans, discounted bills, gold loans, foreign currency loans, Eximbank loans, pre-export loans, Export Credit Agency (ECA) covered financing, letters of guarantee, letters of credit, export factoring, acceptance credits, draft facilities, forfeiting, leasing, insurance, forward, futures, salary payments, investment account (ELMA), cheques, safety boxes, bill payments, tax collections and payment orders. The Bank provides service packages to its corporate, commercial and retail customers including deposit, loans, leasing and factoring, among others.
TURKIYE GARANTI BANKASI 
