Head Office

Turkiye Garanti Bankasi A.S.: Board of Directors resolution regarding the foreign debt instrument issue limit

Retrieved on: 
Friday, June 2, 2023

On its meeting held on June 01, 2023, the Board of Directors has authorized the Head Office to take the necessary actions, subject to market conditions, to arrange and sign the agreements and all other documents related to the green and/or sustainable debt instruments issuance transactions up to US$2,000,000,000 in total or equivalent in TL or in any other foreign currency, with different series and maturities and fixed and/or floating interest rates to be determined at the time of issuance in accordance with market conditions, to be sold outside Turkey in one or more issuances without public offering.

Key Points: 
  • On its meeting held on June 01, 2023, the Board of Directors has authorized the Head Office to take the necessary actions, subject to market conditions, to arrange and sign the agreements and all other documents related to the green and/or sustainable debt instruments issuance transactions up to US$2,000,000,000 in total or equivalent in TL or in any other foreign currency, with different series and maturities and fixed and/or floating interest rates to be determined at the time of issuance in accordance with market conditions, to be sold outside Turkey in one or more issuances without public offering.
  • *In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
  • We declare that our above statements are in conformity with the principles included in the Board’s Communiqué, Serial II Nr.15.1, that it exactly reflects the information we received; that the information complies with our records, books and documents; that we did our best to obtain the correct and complete information relative to this subject and that we are responsible for the declarations made in this regard.
  • Contact Garanti BBVA Investor Relations:

Turkiye Garanti Bankasi A.S.: Board Of Directors Decision About Garanti Bank Intermediary Institution Warrant and Authorization of Head Office for Necessary Operations

Retrieved on: 
Friday, May 5, 2023

The Board of Directors of the Bank has adopted a resolution to issue “Garanti Bank Investment Institution Warrants” and in accordance with the authorization granted by Article 8 of the Bank’s Articles of Association, I hereby submit for your approval to issue 15,000,000,000, “Garanti Bank Investment Institution Warrants” in the nominal value of TRY 0,1 for each and 150,000,000 Turkish Lira (One hundred and fifty million Turkish Lira) in total and authorized the Head Office to apply to Capital Markets Board of Turkey for the issuance of such Warrants, to determine terms and conditions of such issuance including but not limited to the applicable issue dates, warrant type, settlement type, underlying asset, issue price, exercise price, expiration date, conversion rate; to appoint Garanti Yatırım Menkul Kıymetler A.Ş.

Key Points: 
  • The Board of Directors of the Bank has adopted a resolution to issue “Garanti Bank Investment Institution Warrants” and in accordance with the authorization granted by Article 8 of the Bank’s Articles of Association, I hereby submit for your approval to issue 15,000,000,000, “Garanti Bank Investment Institution Warrants” in the nominal value of TRY 0,1 for each and 150,000,000 Turkish Lira (One hundred and fifty million Turkish Lira) in total and authorized the Head Office to apply to Capital Markets Board of Turkey for the issuance of such Warrants, to determine terms and conditions of such issuance including but not limited to the applicable issue dates, warrant type, settlement type, underlying asset, issue price, exercise price, expiration date, conversion rate; to appoint Garanti Yatırım Menkul Kıymetler A.Ş.
  • as market maker and accordingly to make and fulfill necessary applications and conduct any and all acts before Banking Regulation and Supervision Agency, Capital Markets Board, Borsa İstanbul A.Ş., Merkezi Kayıt Istanbul and other relevant authorities, to publish and register the publication of the approved and updated prospectus texts on the website (www.kap.gov.tr) of Public Disclosure Platform and the website (www.garantibbva.com.tr) of T. Garanti Bankası A.Ş.
  • In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.

Turkiye Garanti Bankasi A.S.: Authorization for the issuance of Mortgage-Covered Bonds

Retrieved on: 
Saturday, April 15, 2023

On its meeting held on March 30, 2023, the Board of Directors has authorized the Head Office to take the necessary actions with regard to mortgage covered bond ("MCB") issuance transaction, in one or more issuances, with different series and maturities, and having fixed and/or floating interest rates to be determined at the issuance times in accordance with market conditions, to the extent that the relevant legislation allows, up to EUR 750 million in total or equivalent in any other currency including Turkish Lira, to be sold without public offering, outside Turkey.

Key Points: 
  • On its meeting held on March 30, 2023, the Board of Directors has authorized the Head Office to take the necessary actions with regard to mortgage covered bond ("MCB") issuance transaction, in one or more issuances, with different series and maturities, and having fixed and/or floating interest rates to be determined at the issuance times in accordance with market conditions, to the extent that the relevant legislation allows, up to EUR 750 million in total or equivalent in any other currency including Turkish Lira, to be sold without public offering, outside Turkey.
  • In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
  • We declare that our above statements are in conformity with the principles included in the Board’s Communiqué, Serial II Nr.15.1, that it exactly reflects the information we received; that the information complies with our records, books and documents; that we did our best to obtain the correct and complete information relative to this subject and that we are responsible for the declarations made in this regard.
  • Contact Garanti BBVA Investor Relations:

Turkiye Garanti Bankasi A.S.: Board Of Directors Decision About Issuing Covered Bonds and Authorization of Head Office for Necessary Operations

Retrieved on: 
Saturday, April 15, 2023

The Board of Directors of the Bank has adopted a resolution to issue debt instruments in accordance with the Capital Markets Law No.

Key Points: 
  • The Board of Directors of the Bank has adopted a resolution to issue debt instruments in accordance with the Capital Markets Law No.
  • In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
  • We declare that our above statements are in conformity with the principles included in the Board’s Communiqué, Serial II Nr.15.1, that it exactly reflects the information we received; that the information complies with our records, books and documents; that we did our best to obtain the correct and complete information relative to this subject and that we are responsible for the declarations made in this regard.
  • Contact Garanti BBVA Investor Relations:

Turkiye Garanti Bankasi A.S.: Regarding the Board Decision related to Dividend Distribution of 2022

Retrieved on: 
Friday, March 17, 2023

Profit Distribution Table for the year 2022 is attached herewith.

Key Points: 
  • Profit Distribution Table for the year 2022 is attached herewith.
  • In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
  • We declare that our above statements are in conformity with the principles included in the Board’s Communiqué, Serial II Nr.15.1, that it exactly reflects the information we received; that the information complies with our records, books and documents; that we did our best to obtain the correct and complete information relative to this subject and that we are responsible for the declarations made in this regard.
  • Contact Garanti BBVA Investor Relations:

Bank of Abyssinia Selects Newgen for Delivering Superior Customer Experience

Retrieved on: 
Thursday, February 2, 2023

DUBAI, UAE, Feb. 2, 2023 /PRNewswire/ -- Newgen Software, a global provider of low code-based digital transformation platform, NewgenONE, today announced that Bank of Abyssinia, one of the fastest growing banks in Ethiopia has onboarded Newgen for end-to-end automation of retail and small and micro enterprise (SME) loan types.

Key Points: 
  • With the loan origination solution , built on NewgenONE, the bank will streamline the origination, processing, tracking, and disbursement of loans.
  • We look forward to our partnership with Newgen," said Andinet Fekade, Director of Program Management, Bank of Abyssinia.
  • "We are delighted that the Bank of Abyssinia chose us as their digital transformation partner.
  • This will help the bank to reduce the turnaround time, offer seamless services to customers, enhance business growth, and improve service quality, thereby enhancing the overall customer experience," said Tarun Nandwani, COO, Newgen Software.

Bank of Abyssinia Selects Newgen for Delivering Superior Customer Experience

Retrieved on: 
Thursday, February 2, 2023

DUBAI, UAE, Feb. 2, 2023 /PRNewswire/ -- Newgen Software, a global provider of low code-based digital transformation platform, NewgenONE, today announced that Bank of Abyssinia, one of the fastest growing banks in Ethiopia has onboarded Newgen for end-to-end automation of retail and small and micro enterprise (SME) loan types.

Key Points: 
  • With the loan origination solution , built on NewgenONE, the bank will streamline the origination, processing, tracking, and disbursement of loans.
  • We look forward to our partnership with Newgen," said Andinet Fekade, Director of Program Management, Bank of Abyssinia.
  • "We are delighted that the Bank of Abyssinia chose us as their digital transformation partner.
  • This will help the bank to reduce the turnaround time, offer seamless services to customers, enhance business growth, and improve service quality, thereby enhancing the overall customer experience," said Tarun Nandwani, COO, Newgen Software.

Turkiye Garanti Bankasi A.S.: Debt Instrument Issuance CMB Application

Retrieved on: 
Monday, February 13, 2023

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • Reference: Public disclosure of Türkiye Garanti Bankası A.Ş.
  • Within the context of the resolution mentioned above, the necessary application has been made to the Capital Markets Board.
  • In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.

Turkiye Garanti Bankasi A.S.: Board of Directors resolution regarding the foreign debt instrument issue limit

Retrieved on: 
Thursday, February 2, 2023

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:

Northern Trust Releases Second Annual Business Owner Benchmark

Retrieved on: 
Monday, December 19, 2022

Northern Trust (Nasdaq: NTRS) announced today the results of its second annual Business Owner Benchmark, a survey of more than 150 business owners conducted by The Northern Trust Institute.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) announced today the results of its second annual Business Owner Benchmark, a survey of more than 150 business owners conducted by The Northern Trust Institute.
  • “This shift in what retirement looks like reflects the pursuit of purpose and impact that many business owners value beyond just the drive to create wealth,” said Eric Czepyha, Northern Trust’s Director of Business Services.
  • For most business owners, selling their business is a life-changing event that has profound, multi-generational financial implications and may also impact the business owner’s family dynamics and even their overall outlook on life.
  • Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S.