Key Developments For Turkiye Halk Bankasi A.S.
Turkiye Halk Bankasi A.S. (HALKB.IS) (Istanbul Stock Exchange)
Turkiye Halk Bankasi A.S. CFO Resigns
Turkiye Halk Bankasi A.S. announced the resignation of Mr. Erdal Ersoy from his post as Vice General Manager of Financial Management and Planning (CFO) of the Company, effective May 7, 2008. Mr. Osman Arslan, who is performing as Vice General Manager of Corporate Communication and Structuring of the Company, is appointed to replace Mr. Ersoy as Acting CFO, effective the same date. Mr. Arslan will continue serving as Vice General Manager of Corporate Communication and Structuring in addition to his new post.
Turkiye Halk Bankasi A.S. Announces Dividend Payment for FY 2007
Turkiye Halk Bankasi A.S. announced that a total of gross TRY 848,279,550.34 , equivalent to gross TRY 0.67862364 and net TRY 0.576830094 per share, will be distributed as cash dividends for the fiscal year 2007. The Company will also pay a total of TRY 27,500,000 as dividends to its Board Members and employees. The distribution date of the dividends has not been announced. This is the Company's first dividend payment since its initial public offering.
Turkiye Halk Bankasi A.S. Collaborates with HSBC Holdings on Advantage Brand
Turkiye Halk Bankasi A.S. announced that it signed a collaborative agreement with HSBC Holdings for the common use of the Advantage brand. As a result of the agreement, more than one million of Halk Bankasi's credit cards have Advantage credit card features.
Turkiye Halk Bankasi A.S. Announces Its Initial Public Offering
Turkiye Halk Bankasi A.S. announced it has priced its initial public offering of TRY 312,250,256 shares of its common stock at TRY 8 per share of nominal value TRY 1. The common stock will begin trading on May 10, 2007 on the Istanbul Stock Exchange National Market Index under the symbol HALKB.
