Public Disclosure | 18/05/2016


Announcement pursuant to Article 23/(7) of CMB’s Communique on Material Events Disclosure

The lawsuits, which have been filed for the cancellation of the tax penalties notified to the Bank, were announced with our previous public disclosures dated 18.03.2016, 20.01.2016, 23.11.2015, 23.09.2015, 24.07.2015, 01.06.2015, 01.04.2015, 02.02.2015, 04.12.2014, 31.07.2014, 21.05.2014, 21.03.2013 and 25.02.2013 . The appeal/revision phases are pending for local court verdicts both in favour of the bank and against the bank. Recently; some of the lawsuits pending in the revision phase have been finalized against our bank. The applications to the Court of Constitution have been submitted against the mentioned adverse court decisions. Any material progress that may occur will be disclosed on the Public Disclosure Platform.

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