Public Disclosure | 16/11/2011

16.11.2011

About the Use of Profit Gained from Real Property Sale.

The Immovable Property which was possessed by our Bank and registered at the parcel numbered 2402 at the City of Hatay, Village of Düğünyurdu has been sold on 31.10.2011 for 5.252.000 T.L. The Real Property Sale Profit gained from the said sale transaction in accordance with the provisions of Tax Procedures Code is 4.451.609,87T.L. and our Bank’s Board of Directors has resolved that 75% of such amount that is equivalent to 3.338.707,40 T.L. shall be hold under a special account in liabilities within the frame of the Corporate Tax Code, Article 5(1)e, to be used for capital increase in case of any necessity.

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