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Yapi ve Kredi Bankasi AS (YKBNK.IS)

YKBNK.IS on Istanbul Stock Exchange

4.44TRY
25 May 2017
Change (% chg)

-0.02TL (-0.45%)
Prev Close
4.46TL
Open
4.46TL
Day's High
4.49TL
Day's Low
4.43TL
Volume
17,721,532
Avg. Vol
35,912,625
52-wk High
4.60TL
52-wk Low
3.05TL

Latest Key Developments (Source: Significant Developments)

Yapi Kredi Bankasi Q1 net profit up at 1.0 billion lira
Thursday, 27 Apr 2017 11:13am EDT 

April 27 (Reuters) - Yapi Ve Kredi Bankasi AS ::Q1 net profit of 1.0 billion lira ($280.82 million) versus 704.3 million lira year ago.Q1 net interest income of 2.14 billion lira versus 1.82 billion lira year ago.Q1 net fee and commission income 807.3 million lira versus 716.16 million lira year ago.  Full Article

Yapi Kredi Bankasi sells 316.0 mln lira worth NPL portfolio for 17.7 mln lira
Monday, 24 Apr 2017 10:55am EDT 

April 24 (Reuters) - Yapi Ve Kredi Bankasi AS ::Resolved to sell NPL portfolio worth 316.0 million lira ($88.12 million) to Guven Varlik Yonetim for a total amount of 17.7 million lira.  Full Article

Yapi Kredi authorizes GM for mortgage covered bond issuance with up to 1.0 bln euro or equivalent value
Monday, 24 Apr 2017 10:22am EDT 

April 24 (Reuters) - Yapi Ve Kredi Bankasi As :Decides to authorize the head office for issuance of mortgage covered bonds abroad with up to 1.0 billion euro ($1.09 billion) or equivalent nominal value.  Full Article

Yapi Kredi sells 140-million euro NPL portfolio
Thursday, 2 Mar 2017 06:37am EST 

UniCredit says: Instanbul-based Yapi Kredi sells non performing credit portfolio, composed of credit cards and individual loans, worth total of 140 million euros . sale is part of UniCredit's ongoing strategy to reduce non performing exposure (NPE), but transaction will not impact UniCredit's NPE . Yapi Kredi is 81.8 percent owned by Koc Finansal Hizmetler As, which is in turn 50 percent owned by UniCredit. Further company coverage: [CRDI.MI] (Reporting by Milan newsroom).  Full Article

Yapi Kredi Bankasi proposes not to pay dividend for FY 2016
Wednesday, 22 Feb 2017 09:38am EST 

Yapi Ve Kredi Bankasi As :Proposes not to pay dividend for FY 2016.  Full Article

Yapi Kredi Bankasi authorizes GM to issue debt instruments up to $6.0 bln or equivalent
Wednesday, 22 Feb 2017 08:16am EST 

Yapi ve Kredi Bankasi As : Authorizes the general management for issuance of eurobond or similar debt instruments up to an amount of $6.0 billion or equivalent foreign currencies or Turkish lira . Bank to issue debt instruments within a period of 1 year following the CMB's approval of the issuance certificate, to be sold to individual and institutional investors resident outside of Turkey, under the MTN Programme or as standalone issuances . Decides to sell non-performing loans amounting in aggregate to 531.0 million lira ($147.43 million) .Decides to sell non-performing loans as of Dec. 31, 2016 to Güven Varlik Yönetim for a total amount of 27.5 million lira.  Full Article

Yapi ve Kredi Bankasi to participate in capital increase of Azerbaijan-based unit
Wednesday, 22 Feb 2017 08:15am EST 

Yapi Ve Kredi Bankasi As :To participate in unit Yapi Kredi Bank Azerbaijan QSC's (YKAZ) planned cash capital increase in the amount of USD 5,000,000 equivalent of Azerbaijan Manat with as much as Bank's current ownership ratio in YKAZ capital (99.8%).  Full Article

Yapi ve Kredi Bankasi 2016 net profit rises to 2.93 bln lira
Thursday, 2 Feb 2017 10:31am EST 

Yapi ve Kredi Bankasi AS : FY 2016 net profit of 2.93 billion lira ($786.11 million) versus 1.86 billion lira year ago . FY 2016 net interest income of 7.63 billion lira versus 6.84 billion lira year ago . FY 2016 net fee and commission income 2.83 billion lira versus 2.69 billion lira year ago . Non-Performing loans at the end of 2016 8.71 billion lira versus 6.13 billion lira year ago . NPL ratio for banking sector is expected to maintain current trend but remain at low levels (<4%) in 2017 . Sees NPL ration for Yapi Kredi Bankasi flattish .Sees improving profitability driven by core banking focus and strict cost discipline, heavily leveraging digitalization in 2017.  Full Article

UniCredit exec says no concerns over Yapi Kredi's capital this yr
Wednesday, 3 Aug 2016 09:00am EDT 

UniCredit head of Strategy and M&A Marina Natale tells analyst call: Not concerned about capital position of Turkish unit from now to year-end Further company coverage: [CRDI.MI] (Reporting by Milan Newsroom).  Full Article

Turkey has always been a success factor for UniCredit-chairman to paper
Thursday, 21 Jul 2016 01:31am EDT 

UniCredit Chairman Giuseppe Vita tells Italian daily la Repubblica: Bank's presence in Turkey has always been a success factor . Assets in Central and Eastern Europe are strategic for group . When asked whether he would put himself forward for another mandate from 2018, says bank needs younger top executives (Reporting by Milan Newsroom).  Full Article

More From Around the Web

BRIEF-Yapi ve Kredi Bankasi secures $306 mln and EUR 956.5 mln syndicated loan

* Signs a syndicated loan agreement consisting of a 367-day and a 2 year 1 day tranche with the participation of 48 banks from 19 different countries (USD 306 million and EUR 956.5 million)