Turkiye Is Bankasi : Notification Regarding Issue Limit
August 29, 2016 at 08:46 am EDT
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Notification Regarding Issue Limit
Summary Info
:
Board Of Directors Decision About Issuing Debt Instruments and Authorization of Head Office for Necessary Operations
Update Notification Flag
:
No
Correction Notification Flag
:
No
Postponed Notification Flag
:
No
Authorized Member Decision Date
:
22.08.2016
Issue Limit
:
20.000.000.000
Currency Unit
:
TRY
Issue Limit Security Type
:
Debt Securities
Sale Type
:
Public Offering - Private Placement - Sale to Qualified Investors
Domestic / Oversea
:
Domestic
Bank's Board of Directors decided unanimously to issue Turkish Lira debt instruments in various types and maturities up to TRY 20.000.000.000 nominal domestically and authorized the Head Office to execute all necessary operations by Capital Markets Board and other authorities for the public offering and/or private placement of those instruments.
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Turkiye Is Bankasi AS published this content on 22 August 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 August 2016 12:46:07 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=2980
Public permalinkhttp://www.publicnow.com/view/104D6A6AD07143BF19EB599DEF548D1C9C957FF5
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.