Key Developments: Turkiye Garanti Bankasi AS (TKGBF.PK)
6.00USD
9 May 2013
$0.34 (+6.01%)
$5.66
$6.00
$6.00
$6.00
100
30
$6.00
$2.73
Latest Key Developments (Source: Significant Developments)
Turkiye Garanti Bankasi AS Announces Dividend Payment For FY 2012
Turkiye Garanti Bankasi AS announced that it will distribute gross TRY 0.1420200 per share and net TRY 0.1207200 per share, cash dividends for the fiscal year 2012. The proposed distribution date is May 6, 2013. Full Article
Turkiye Garanti Bankasi AS’ Garanti Bank Plans to Raise EUR 20 Million in Capital Hike-SeeNews - The Corporate Wire
SeeNews - The Corporate Wire reported that Romania’s Garanti Bank, part of Turkiye Garanti Bankasi AS, plans to increase its capital by EUR 20 million (USD 25.42 million) in a private placement and will use the resources for corporate purposes. Following the fundraiser, Garanti Bank’s capital will reach EUR 245.7 million. Garanti Bank plans to bring new services and products on the Romanian market in order to strengthen its competitiveness and respond to customer needs. Full Article
Turkiye Garanti Bankasi AS Announces Dividend Payment For FY 2011
Turkiye Garanti Bankasi AS announced that its Board of Directors has recommended the distribution of a total of TRY 600 million, equivalent to gross TRY 0.142860 and net TRY 0.121430 per share, as cash dividends for the fiscal year 2011. Full Article
Turkiye Garanti Bankasi A.S. Secures EUR 150 Million Of Credit From European Investment Bank
Turkiye Garanti Bankasi A.S. announced that it has signed a credit agreement with the European Investment Bank for EUR 150 million to be used in the finance of SMEs. Full Article
Turkiye Garanti Bankasi A.S. Extends Collaboration Agreement With Turk Hava Yollari A.O.
Turkiye Garanti Bankasi A.S. announced that it has signed an extension to the collaboration agreement with Turk Hava Yollari A.O. (THY), regarding THY's frequent flyer program and the Company's Shop&Miles credit cards. The agreement has been extended until December 31, 2011, from October 29, 2011. Full Article
Turkiye Garanti Bankasi A.S. Secures EUR 35 Million Of Credit
Turkiye Garanti Bankasi A.S. announced that it has signed an agreement with Turkiye Kalkinma Bankasi for EUR 35 million of credit with eight-year maturity. The credit will be used in the financing of SMEs. Full Article
Turkiye Garanti Bankasi A.S. Receives Securitization Credit
Turkiye Garanti Bankasi A.S. announced that it has secured USD 225 million of credit with five-year maturity from SMBC Nikko Securities America, Inc, WesLB AG and Wells Fargo Securities, LLC. The Company also announced that it has secured EUR 50 million of securitization credit with five-year maturity from Standard Chartered Bank. Full Article
Turkey's Garanti borrows A$175 mln in 5-yr bond issue -bankers
ISTANBUL, May 16 - Turkey's Garanti Bank borrowed A$175 million ($173 million) in a bond issue with a maturity of five years, bankers said on Thursday.

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