Central Bank of the Republic of Turkey

Holding(s) in Company

Retrieved on: 
Friday, May 13, 2022 - 6:05pm

iii Other reason for the notification could be voluntary notifications, changes of attribution of the nature of the holding (e.g.

Key Points: 
  • iii Other reason for the notification could be voluntary notifications, changes of attribution of the nature of the holding (e.g.
  • As the disclosure of cases of acting in concert may vary due to the specific circumstances (e.g.
  • v Applicable in the cases provided for in Regulation 15(b) to (h) of the Regulations (Article 10 (b) to (h) of Directive 2004/109/EC).
  • xiii If the person subject to the notification obligation is either controlled and/or does control another undertaking then the second option applies.

Dalata Hotel Group PLC: Holding(s) in Company

Retrieved on: 
Tuesday, May 10, 2022 - 8:06am

In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]

Key Points: 
  • In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]
    i.
  • iii Other reason for the notification could be voluntary notifications, changes of attribution of the nature of the holding (e.g.
  • As the disclosure of cases of acting in concert may vary due to the specific circumstances (e.g.
  • v Applicable in the cases provided for in Regulation 15(b) to (h) of the Regulations (Article 10 (b) to (h) of Directive 2004/109/EC).

Dalata Hotel Group PLC: Holding(s) in Company

Retrieved on: 
Friday, May 6, 2022 - 11:03am

In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]

Key Points: 
  • In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]
    i.
  • iii Other reason for the notification could be voluntary notifications, changes of attribution of the nature of the holding (e.g.
  • As the disclosure of cases of acting in concert may vary due to the specific circumstances (e.g.
  • v Applicable in the cases provided for in Regulation 15(b) to (h) of the Regulations (Article 10 (b) to (h) of Directive 2004/109/EC).

Cairn Homes Plc: Holding(s) in Company

Retrieved on: 
Tuesday, May 3, 2022 - 1:18pm

In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]

Key Points: 
  • In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]
    Done at London on 29/04/2022.
  • iii Other reason for the notification could be voluntary notifications, changes of attribution of the nature of the holding (e.g.
  • As the disclosure of cases of acting in concert may vary due to the specific circumstances (e.g.
  • v Applicable in the cases provided for in Regulation 15(b) to (h) of the Regulations (Article 10 (b) to (h) of Directive 2004/109/EC).

DGAP-News: IuteCredit acquires 10% stake in Energbank - Acquisition of qualifying holding approved by Moldovan Central Bank

Retrieved on: 
Wednesday, January 12, 2022 - 1:11pm

Tallinn, Estonia, 12 January 2022.

Key Points: 
  • Tallinn, Estonia, 12 January 2022.
  • IuteCredit Europe ("ICE"), a leading European personal finance group, has acquired on the stock market the first 9.976% stake of the shares of Moldovan Energbank, corresponding to 199,519 shares, for a total purchase price of EUR 1.7 million.
  • The acquisition by IuteCredit of a qualified majority in the share capital of B.C.
  • Energbank S.A. has been approved by the Central Bank of the Republic of Moldova.

Turkiye Garanti Bankasi A.S.: Determination of Independent Audit Company

Retrieved on: 
Thursday, October 7, 2021 - 7:06pm

Dissemination of a Regulatory Announcement, transmitted by EQS Group.

Key Points: 
  • Dissemination of a Regulatory Announcement, transmitted by EQS Group.
  • The issuer is solely responsible for the content of this announcement.
  • In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
  • Contact Garanti BBVA Investor Relations:

Ozan SuperApp Now a Member of BKM (Interbank) and Troy

Retrieved on: 
Friday, August 27, 2021 - 9:00pm

Ozan SuperApp's official BKM (The Turkish Interbank Card Switch) and Troy (Turkey's domestic card scheme) membership enhances the global fintech's presence in Turkey further.

Key Points: 
  • Ozan SuperApp's official BKM (The Turkish Interbank Card Switch) and Troy (Turkey's domestic card scheme) membership enhances the global fintech's presence in Turkey further.
  • Ozan SuperApp now has direct access to the Turkish interbank network and is authorized to issue Troy debit cards directly.
  • Ozan SuperApp CEO mer Suner says the following about the news:
    "BKM and Troy memberships are significant steps that elevate our services as a whole.As Ozan SuperApp, we have taken a very important step by completing our Troy membership.
  • Ozan SuperApp founder Ozan zerk is also enthusiastic:
    "The BKM and Troy memberships are a clear manifestation of the credibility of our presence in Turkey.

Airwallex secures EMI licence in the Netherlands

Retrieved on: 
Wednesday, May 12, 2021 - 7:00am

b'AMSTERDAM and LONDON, May 12, 2021 /PRNewswire/ -- Airwallex, a leading global payments platform, is pleased to announce it has secured its Electronic Money Institution (EMI) licence from the Dutch Central Bank (De Nederlandsche Bank, DNB).

Key Points: 
  • b'AMSTERDAM and LONDON, May 12, 2021 /PRNewswire/ -- Airwallex, a leading global payments platform, is pleased to announce it has secured its Electronic Money Institution (EMI) licence from the Dutch Central Bank (De Nederlandsche Bank, DNB).
  • The licence was granted on 30 April 2021, and gives Airwallex access to the European single market.\nThis latest approval adds to Airwallex\'s existing licences in its core markets, including the UK, United States, Australia, and Hong Kong.
  • With its EU EMI licence, Airwallex will soon be able to offer an enhanced range of products and services to customers across Europe, bolstering its growth by offering businesses an end-to-end solution for FX, card issuing and online payments.\nJed Rose, General Manager of EMEA at Airwallex said, "We are delighted to have been granted an EMI licence by the DNB.
  • "\nFounded in 2015 in Melbourne, Airwallex has grown to become a global fintech platform that is supported by a team of over 650 employees across 12 global offices.

European Central Bank: Frank Elderson appointed member of the executive board

Retrieved on: 
Friday, December 11, 2020 - 8:01am

Today, the European Council appointed Frank Elderson as a member of the European Central Bank's executive board.

Key Points: 
  • Today, the European Council appointed Frank Elderson as a member of the European Central Bank's executive board.
  • Frank Elderson is currently a member of the executive board of De Nederlandsche Bank (the national central bank of The Netherlands).
  • The Council (Economic and Financial Affairs) issued a formal recommendation to the European Council to appoint Frank Elderson on 9 October 2020.
  • The governing council is composed of six executive board members and the governors of the national central banks of the euro-area member states.

The impact of the ECB’s monetary policy measures taken in response to the COVID-19 crisis

Retrieved on: 
Friday, July 31, 2020 - 12:05am

Prepared by John Hutchinson and Simon Mee Published as part of theECB Economic Bulletin, Issue 5/2020.

Key Points: 
  • Prepared by John Hutchinson and Simon Mee Published as part of theECB Economic Bulletin, Issue 5/2020.
  • Since March 2020 the severity of the economic and financial implications stemming from the coronavirus (COVID-19) crisis has become increasingly apparent.
  • These measures have supported liquidity and funding conditions in the euro area economy, averted the most adverse feedback loops between the real economy and financial markets, and shored up confidence.

The impact of policy measures on financial conditions

    • This box examines the impact of the ECBs response to the crisis, concentrating on asset purchases and the targeted longer-term refinancing operations (TLTRO III).
    • The sharp decline in stock and bond market indices, combined with the increase in market-based financing costs for firms, contributed to a marked tightening of financial conditions between mid-February and mid-March 2020.
    • In this environment, there was a very tangible risk of adverse liquidity spirals and an overshooting of asset price corrections in many markets, which would endanger financial stability and impede the transmission of monetary policy.
    • Policy measures aimed at releasing the balance sheet constraints of the private sector are particularly effective in periods of heightened market stress.
    • In this vein, the announcement of the PEPP halted the tightening in financial conditions which had prevailed.
    • This is particularly relevant in the euro area, where banks play a key role in financial intermediation.
    • The provision of central bank liquidity comes in the form of targeted and non-targeted programmes.
    • This followed the March 2020 decision to increase the maximum amount that counterparties are entitled to borrow in TLTRO III operations.
    • The PELTROs serve as a backstop by helping to ensure sufficient liquidity and smooth money market conditions in response to the crisis.
    • Evidence from event studies, which examine the financial market reaction to the PEPP announcements, suggests a higher PEPP elasticity compared with the PSPP elasticity, thereby indicating some possible underestimation of the yield impact.
    • [6] Therefore, in the absence of the PEPP, sovereign yields could have escalated to even higher levels.

The macroeconomic impact

    • By counteracting the tightening of financial conditions that confronted the euro area economy in the face of the COVID-19 crisis, the ECBs policy measures have been providing crucial support to the real economy and, ultimately, to price stability.
    • This support operates across two broad dimensions: (i) underpinning the medium-term growth and inflation outlook, and (ii) removing tail risks around the baseline scenario.
    • At the same time, while monetary policy typically acts with a transmission lag, the positive impact on consumer and business confidence created by acting swiftly and decisively during a crisis should not be overlooked and can accelerate and support the transmission of monetary policy to growth and inflation.
    • Chart B Estimated impact of the ECBs decisions since March 2020 (PEPP, scaling-up of the APP and TLTRO recalibrations) on the central tendency of inflation and economic activity