Edition:
United States

Turkiye Halk Bankasi AS (HALKB.IS)

HALKB.IS on Istanbul Stock Exchange

6.21TRY
21 Jul 2019
Change (% chg)

-0.10TL (-1.58%)
Prev Close
6.31TL
Open
6.32TL
Day's High
6.35TL
Day's Low
6.19TL
Volume
57,331,865
Avg. Vol
60,303,482
52-wk High
8.23TL
52-wk Low
4.90TL

Latest Key Developments (Source: Significant Developments)

Halkbank Announces Changes on Organization Scheme and Deputy General Manager
Friday, 31 May 2019 11:50am EDT 

June 3 (Reuters) - TURKIYE HALK BANKASI ::SAID ON FRIDAY THE DEPUTY GENERAL MANAGER'S OFFICE OF HUMAN RESOURCES AND SUPPORT MANAGEMENT SHALL BE DISSOLVED, AND HUMAN RESOURCES GROUP SHALL BE ESTABLISHED .THE DEPUTY GENERAL MANAGER'S OFFICE OF BANKING OPERATIONS AND INFORMATION TECHNOLOGY SHALL BE DISSOLVED, AND DEPUTY GENERAL MANAGER'S OFFICE FOR BANKING OPERATIONS AND AUXILIARY SERVICES SHALL BE ESTABLISHED ALONG WITH INFORMATION SYSTEMS GROUP.THE DEPUTY GENERAL MANAGER'S OFFICE OF INTERNAL SYSTEMS SHALL BE DISSOLVED, AND INSPECTION BOARD SHALL REPORT DIRECTLY TO THE BOARD OF DIRECTORS, AND INTERNAL SYSTEMS GROUP SHALL BE ESTABLISHED.ACCORDINGLY, DEPUTY GENERAL MANAGERS MEHMET AKIF AYDEMIR, SELAHATTIN SULEYMANOGLU, MEHMET SEBAHATTIN BULUT, MUSTAFA CODEK AND METIN KOSTEK SHALL BE RELIEVED OF THEIR DUTIES.ILHAN BOLUKBAS, YALCIN MADENCI AND LEVENT NIHAT GULEC SHALL ASSUME THE VACANT OFFICES OF DEPUTY GENERAL MANAGER.  Full Article

Halk Bankasi Q1 Net Profit Drops To 305.2 Million Lira
Monday, 13 May 2019 11:15am EDT 

May 13 (Reuters) - TURKIYE HALK BANKASI AS ::Q1 NET PROFIT OF 305.2 MILLION LIRA VERSUS 790.2 MILLION LIRA YEAR AGO.Q1 NET INTEREST INCOME OF 1.73 BILLION LIRA VERSUS 1.97 BILLION LIRA YEAR AGO.Q1 NET FEE AND COMMISSION INCOME 616.2 MILLION LIRA VERSUS 406.4 MILLION LIRA YEAR AGO.  Full Article

Halk Bankasi Signs Agreement To Secure Subordinated Loan Worth EUR 900.0 Mln From Market Stability And Balance Fund
Wednesday, 24 Apr 2019 11:30am EDT 

April 24 (Reuters) - TURKIYE HALK BANKASI AS ::SIGNS AGREEMENT TO SECURE SUBORDINATED LOAN WORTH EUR 900.0 MILLION FROM MARKET STABILITY AND BALANCE FUND.  Full Article

Halk Bank Authorizes The Head Office To Issue Debt Instruments Worth 10.00 Bln Liras and EUR 2.00 Bln To Qualified Domestic and Foreign Investors Via Private Placement
Tuesday, 16 Apr 2019 02:16pm EDT 

April 17 (Reuters) - TURKIYE HALK BANKASI ::SAID ON TUESDAY BOARD OF DIRECTORS AUTHORIZES THE HEAD OFFICE TO ISSUE DEBT INSTRUMENTS HOME AND ABROAD, EITHER IN SINGLE BATCH OR MULTIPLE BATCHES, TO QUALIFIED INVESTORS AND/OR VIA PRIVATE PLACEMENT .AUTHORIZED 2 BILLION EUROS OR EQUIVALENT IN OTHER FOREIGN CURRENCIES OR TURKISH LIRAS FOR DOMESTIC LOANS TO BE BORROWED AS PART OF ADDITIONAL TIER 1.10 BILLION LIRAS FOR DEBT INSTRUMENTS TO BE ISSUED; AND 2 BILLION EUROS OR EQUIVALENT IN OTHER FOREIGN CURRENCIES OR TURKISH LIRAS FOR DEBT INSTRUMENTS TO BE ISSUED AND/OR LOANS TO BE BORROWED ABROAD AS PART OF ADDITIONAL TIER 1.  Full Article

Halk Bankasi Proposes Not To Pay Dividend For FY
Monday, 8 Apr 2019 01:12pm EDT 

April 9 (Reuters) - HALK BANKASI ::SAID ON MONDAY PROPOSES NOT TO PAY DIVIDEND FOR FY .  Full Article

Halk Bankasi FY 2018 Net Profit Falls To 2.52 Billion Lira YoY
Thursday, 14 Feb 2019 10:16am EST 

Feb 14 (Reuters) - TURKIYE HALK BANKASI AS ::FY 2018 NET PROFIT OF 2.52 BILLION LIRA VERSUS 3.73 BILLION LIRA YEAR AGO.FY 2018 NET INTEREST INCOME OF 8.08 BILLION LIRA VERSUS 7.80 BILLION LIRA YEAR AGO.FY 2018 NET FEE AND COMMISSION INCOME 1.95 BILLION LIRA VERSUS 2.03 BILLION LIRA YEAR AGO.NON-PERFORMING LOANS AT END-DEC. 8.53 BILLION LIRA VERSUS 6.11 BILLION LIRA AT END-DEC 2017.  Full Article

Yesil REIT In Talks With Banks For Debt Restructuring
Tuesday, 5 Feb 2019 08:03am EST 

Feb 5 (Reuters) - YESIL REIT ::AGREES WITH VAKIFBANK TO RESTRUCTURE ITS REVOLVING CREDITS AS 5-YEAR TERMS AND FIRST 18 MTHS GRACE PERIOD.SAYS TALKS CONTINUE WITH HALKBANK FOR CREDIT RESTRUCTURING.  Full Article

Dogus REIT Agrees With Halkbank For Delaying First Principal Payment Taking EUR 5 Mln Of Total EUR 20.0 Mln Loan Debt
Thursday, 24 Jan 2019 01:57am EST 

Jan 24 (Reuters) - DOGUS REIT ::AGREES WITH HALKBANK FOR DELAYING FIRST PRINCIPAL PAYMENT TAKING 5 MILLION EUROS TO BE PAID ON 28.01.2019.TO PAY HALKBANK PRINCIPAL OF EUR 6.5 MILLION IN 01/2020, EUR 6.5 MILLION IN 01/2021 AND EUR 7.0 MILLION LIRA IN 01/2022.  Full Article

Diriteks Dirilis Applies To Halk Bank For Debt Restructuring
Friday, 11 Jan 2019 02:56am EST 

Jan 11 (Reuters) - DIRITEKS DIRILIS ::APPLIES TO HALK BANK FOR DEBT RESTRUCTURING DUE TO LOW DOMESTIC DEMAND.  Full Article

Halk Bankasi Says Ziraat Portfolio Management Co Will Acquire Unit Halk Portfolio
Friday, 14 Dec 2018 10:16am EST 

Dec 14 (Reuters) - TURKIYE HALK BANKASI AS ::ZIRAAT PORTFOLIO MANAGEMENT COMPANY WILL ACQUIRE OUR BANK'S UNIT HALK PORTFOLIO MANAGEMENT COMPANY AND THEY WILL BE MERGED.PURCHASING PRICE OF SHARES THAT OUR BANK AND ITS UNITS HAVE IN HALK PORTFOLIO MANAGEMENT COMPANY HAVE BEEN DETERMINED AT 52.5 MILLION LIRA.VALUE OF OUR BANK'S SHARES IS 39.4 MILLION LIRA.SAYS IN NEW ECONOMY PROGRAM BY MINISTRY OF TREASURY AND FINANCE, FORMING A FINANCE COMPANY BY MERGING STATE OWNED PORTFOLIO MANAGEMENT COMPANIES IS INCLUDED .  Full Article