DOCSLIB.ORG

Türkiye Garanti Bankasi A.Ş

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Türkiye Garanti Bankasi A.Ş LISTING MEMORANDUM TÜRKİYE GARANTİ BANKASI A.Ş. US$300,000,000 Floating Rate Notes due 2016 Türkiye Garanti Bankası A.Ş., a Turkish banking institution organized as a joint stock company (the “Bank” or “Issuer”), is issuing US$300,000,000 Floating Rate Notes due 2016 (the “Notes”). The Notes have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), or the securities or “blue sky” laws of any state of the United States of America (“United States” or “US”), the United Kingdom or any other jurisdiction, and are being offered: (a) for sale (the “US Offering”) to qualified institutional buyers only (each a “QIB”) as defined in, and in reliance upon, Rule 144A under the Securities Act (“Rule 144A”) and (b) for sale to non-US persons outside the United States (the “International Offering” and, with the US Offering, the “Offering”) in reliance upon Regulation S under the Securities Act (“Regulation S”). For a description of certain restrictions on sale and transfer of investments in the Notes, see “Plan of Distribution,” “Selling Restrictions” and “Transfer Restrictions” herein. INVESTING IN THE NOTES INVOLVES RISKS. PROSPECTIVE INVESTORS SHOULD CONSIDER THE FACTORS SET FORTH UNDER “RISK FACTORS” BEGINNING ON PAGE 17 OF THIS LISTING MEMORANDUM. Interest on the Notes will be paid on the 20th day of each January, April, July and October; provided that if any such date is not a Business Day (as defined below), then such payment will be made on the next Business Day, subject to adjustment in accordance with Condition 6.1. Principal of the Notes is scheduled to be paid on the Interest Payment Date falling in April 2016, but may be paid earlier under certain circumstances as further described herein. The Notes initially will be sold to investors at a price equal to 100.00% of the principal amount thereof. For a more detailed description of the Notes, see “Conditions of the Notes.” Application has been made to: (a) the Financial Services Authority in its capacity as competent authority under the Financial Services and Markets Act 2000 (the “UK Listing Authority”) for the Notes to be admitted to listing on the official list of the UK Listing Authority (the “Official List”) and (b) the London Stock Exchange plc (the “London Stock Exchange”) for the Notes to be admitted to trading on the London Stock Exchange’s Regulated Market (the “Market”). References in this Listing Memorandum (this “Listing Memorandum”) to the Notes being “listed” (and all related references) will mean that the Notes have been admitted to the Official List and have been admitted to trading on the Market. The Market is a regulated market for the purposes of Directive 2004/39/EC of the European Parliament and of the Council on markets in financial instruments. Application has been made to the Capital Markets Board of Turkey (the “CMB”) in its capacity as competent authority under Law No. 2499 of the Republic of Turkey (“Turkey”) relating to capital markets (the “Capital Markets Law”) for the registration of the Notes with the CMB and the issuance of the Notes by the Bank outside Turkey. The issuance of the Notes was approved by the CMB on April 4, 2011, and the registration certificate relating to the Notes is expected to be obtained from the CMB on or about April 19, 2011. Under current Turkish tax law, withholding tax at the rate of 0% applies to interest on the Notes. See “Taxation – Certain Turkish Tax Considerations.” The Notes are expected to be rated at issuance “BBB-” by Fitch Ratings Ltd. (“Fitch”) and “Ba1” by Moody’s Investors Services Limited (“Moody’s” and, together with Fitch, the “Rating Agencies”). A rating is not a recommendation to buy, sell or hold securities and may be subject to revision, suspension or withdrawal at any time by the assigning rating organization. As of the date of this Listing Memorandum, each of the Rating Agencies is established in the European Union and has applied for registration under Regulation (EU) No 1060/2009 (the “CRA Regulation”), although notification of the corresponding registration decision has not yet been provided by the relevant competent authority. In general, European regulated investors are restricted from using a rating for regulatory purposes if such rating is not issued by a credit rating agency established in the European Union and registered under the CRA Regulation unless the rating is provided by a credit rating agency operating in the European Union before June 7, 2010 and that has submitted an application for registration in accordance with the CRA Regulation and such registration is not refused. The Notes are being offered under Rule 144A and Regulation S by each of Deutsche Bank AG, London Branch, Goldman Sachs International, J.P. Morgan Securities Ltd., Standard Chartered Bank and Banco Bilbao Vizcaya Argentaria S.A. (each an “Initial Purchaser” and, collectively, the “Initial Purchasers”), subject to their acceptance and right to reject orders in whole or in part. It is expected that delivery of the Notes will be made in book-entry form only through the facilities of The Depository Trust Company (“DTC”), including for the account of Euroclear Bank S.A./N.V. (“Euroclear”) and/or Clearstream Banking, société anonyme, Luxembourg (“Clearstream, Luxembourg”), against payment therefor in immediately available funds on April 20, 2011 (i.e., the fourth Business Day following the date of pricing of the Notes (such date being referred to herein as the “Issue Date” and such settlement cycle being herein referred to as “T+4”). Joint Lead Managers Deutsche Bank Goldman Sachs International J.P. Morgan Standard Chartered Bank Co-Manager Banco Bilbao Vizcaya Argentaria S.A. The date of this Listing Memorandum is 28 April, 2011. This Listing Memorandum constitutes a prospectus for the purpose of Article 5 of Directive 2003/71/EC (the “Prospectus Directive”) and for the purpose of giving information with regard to the Bank and the Notes that, according to the particular nature of the Bank and the Notes, is necessary to enable investors to make an informed assessment of the assets and liabilities, financial position, profit and losses and prospects of the Bank and of the rights attaching to the Notes. This Listing Memorandum is to be read in conjunction with the Group’s IFRS Financial Statements (as defined in “Presentation of Financial Information”), which form part of and are included herein. The Bank, having made all reasonable enquiries, confirms that: (a) this Listing Memorandum contains all information that in its view is material in the context of the issuance and offering of the Notes, (b) the information contained in this Listing Memorandum is true and accurate in all material respects and is not misleading, (c) any opinions, predictions or intentions expressed in this Listing Memorandum on the part of the Bank are honestly held or made by the Bank and are not misleading in any material respects, and there are no other facts the omission of which would make the Listing Memorandum or any of such information or the expression of any such opinions, predictions or intentions misleading in any material respect, and (d) all reasonable enquiries have been made by the Bank to ascertain such facts and to verify the accuracy of all such information and statements. This Listing Memorandum does not constitute an offer of, or an invitation by or on behalf of the Bank and the Initial Purchasers to subscribe for or purchase, any Notes. This Listing Memorandum is intended only to provide information to assist potential investors in deciding whether or not to subscribe for or purchase Notes in accordance with the terms and conditions specified by the Initial Purchasers. The Notes may not be offered or sold, directly or indirectly, and this Listing Memorandum may not be circulated, in any jurisdiction except in accordance with legal requirements applicable to such jurisdiction. The distribution of this Listing Memorandum and the offer or sale of the Notes in certain jurisdictions may be restricted by law. Persons into whose possession this Listing Memorandum may come are required by the Bank and the Initial Purchasers to inform themselves about and to observe any such restrictions. For a description of certain restrictions on offers, sales and deliveries of the Notes and on the distribution of this Listing Memorandum and other offering material relating to the Notes, see “Selling Restrictions” and “Transfer Restrictions.” No person has been authorized in connection with the offering of the Notes to give any information or make any representation regarding the Bank, the Initial Purchasers or the Notes other than as contained in this Listing Memorandum. Any such representation or information must not be relied upon as having been authorized by the Bank or the Initial Purchasers. The delivery of this Listing Memorandum at any time does not imply that there has been no change in the Bank’s affairs or that the information contained in it is correct as at any time subsequent to its date. This Listing Memorandum may only be used for the purpose for which it has been published. No representation or warranty, express or implied, is made by the Initial Purchasers as to the accuracy or completeness of the information set forth in this Listing Memorandum, and nothing contained in this document is, or will be relied upon as, a promise or representation, whether as to the past or the future. None of the Initial Purchasers assumes any responsibility for the accuracy or completeness of the information set forth in this Listing Memorandum. Each person contemplating making an investment in the Notes must make its own investigation and analysis of the creditworthiness of the Bank and its own determination of the suitability of any such investment, with particular reference to its own investment objectives and experience, and any other factors that may be relevant to it in connection with such investment.
Load more

Recommended publications
  • TÜRKİYE İŞ BANKASI A.Ş. U.S.$5,000,000,000 Global Medium
    TÜRKİYE İŞ BANKASI A.Ş. U.S.$5,000,000,000 Global Medium Term Note Program Under this U.S.$5,000,000,000 Global Medium Term Note Program (the "Program"), Türkiye İş Bankası A.Ş., a Turkish banking institution organized as a public joint stock company registered with the Istanbul Trade Registry under number 431112 (the "Bank" or the "Issuer"), may from time to time issue notes (the "Notes") denominated in any currency agreed between the Issuer and the relevant Dealer (as defined below). Notes may be issued in bearer or registered form (respectively "Bearer Notes" and "Registered Notes"). The maximum aggregate nominal amount of all Notes from time to time outstanding under the Program will not exceed U.S.$5,000,000,000 (or its equivalent in other currencies calculated as described in the Program Agreement described herein), subject to increase as described herein. The Notes may be issued on a continuing basis to: (a) one or more of the Dealers specified under "Overview of the Group and the Program" and any additional Dealer appointed under the Program from time to time by the Issuer (each a "Dealer" and together the "Dealers"), which appointment may be for a specific issue or on an ongoing basis, and/or (b) one or more investors purchasing Notes directly from the Issuer. References in this Base Prospectus to the "relevant Dealer" shall, in the case of an issue of Notes being (or intended to be) subscribed by more than one Dealer, be to all Dealers agreeing to subscribe such Notes. An investment in Notes issued under the Program involves certain risks.
    [Show full text]
  • T.C. Ziraat Bankasi A.S
    T.C. ZIRAAT BANKASI A.S. 2013 US Resolution Plan Public Section December 2013 Introduction This is the public section of the plan for resolution (“Resolution Plan”) prepared by Ziraat Bank and required pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd- Frank Act") and regulations of the Federal Deposit Insurance Corporation ("FDIC") and the Board of Governors of the Federal Reserve System (the "Federal Reserve"). The initial Resolution Plan of Ziraat Bank is due on December 31, 2013, with annual updates thereafter. The FDIC and the Federal Reserve have each, by rule and through the supervisory process, prescribed the assumptions, required approach and scope for these resolution plans, and have required that certain information be included in a public section of the resolution plans. This public section of Ziraat’s Resolution Plan adheres to these requirements. Ziraat Bank is defined as a "covered company" under the applicable rules because it is treated as a bank holding company and is supervised by the Federal Reserve and has consolidated assets of $50 billion or more. As such, Ziraat Bank must submit a plan for Ziraat Bank’s rapid and orderly resolution of certain activities in the United States in the event of material financial distress or failure. This Resolution Plan provides an evaluation by Ziraat Bank as to how it can be resolved in the United States under the insolvency regime applicable to its businesses in a way that would not pose serious risk to the financial system. This requires Ziraat Bank to map its core business lines and critical operations (if any) to material entities and provide information on its corporate structure, credit exposure, funding, capital, cash flows, and information with regard to its technology.
    [Show full text]
  • Deniz Is Everywhere” Public Banking at Denizbank
    Contents Section I Introduction 1. DenizBank Financial Services Group 1. DenizBank’s Mission, Vision 2. Ordinary General Assembly Meeting Agenda 2. Dividend Distribution Proposal 3. Amendments to the Articles of Association 3. Changes in Shareholding Structure and Paid-in Capital 3. Shares Held by the Management 3. Ratings of DenizBank by International Rating Agencies 4. Compliance Opinion on the Annual Report 5. Financial Highlights 6. 2009 at a Glance 10. DenizBank in Brief 11. Dexia in Brief 12. Message from the Chairman 16. Message from the CEO 21. Banking Services 33. Investment Banking and Brokerage Services 36. Leasing and Factoring Services 37. Pension and Insurance Services 38. Information Technology Services 39. Cultural Services Section II Management and Corporate Governance 40. Board of Directors 44. Executive Management 47. Auditors 47. Committees 48. Summary Report of Board of Directors to the General Assembly 50. Human Resources 51. Training 51. Related Party Transactions 52. Support Services 52. Donations Made During the Year 53. Report on DenizBank’s Compliance with Corporate Governance Principles Section III Financial Information and Risk Management 64. Auditors’ Report for 2009 65. Assessments of the Audit Committee 66. Internal Audit, Internal Control, Compliance and Risk Management Systems 68. Risk Management Policies 69. Assessment of Financial Position 70. Five-year Summary Financial Highlights Section IV Independent Audit Reports, Financial Statements and Footnotes 73. Consolidated Financial Statements as of December
    [Show full text]
  • Denizbank's Assets Reached 143 Billion TL in Q1 2017 Along with A
    PRESS RELEASE May, 5, 2017 DenizBank’s assets reached 143 billion TL in Q1 2017 along with a net profit of 558 million TL DenizBank Financial Services Group CEO Mr. Hakan Ateş stated ”Consolidated assets of our bank operating through 739 branches in 81 provinces of Turkey and abroad with nearly 15 thousand employees reached 143 billion TL by an annual growth of 25% in Q1, 2017 along with a net profit of 558 million TL growing by 86%”. Ateş stated that in 2017 Q1 and on a consolidated basis, DenizBank; Increased its deposits to 95,0 billion TL with a growth of 28% Increased its total loans to 131.4 billion TL with a growth of 27%, Increased the number of its customers to reach 10,6 million with an increase of 1.3 million corresponding to a y-o-y growth since 2016 Stating that DenizBank will continue to expand its branches all around Turkey, especially in Anatolia, Ateş emphasized that offering accessible service to all its customers is among their primal responsibilities. Full support to economic growth in 20th century Stating that DenizBank reached an exciting milestone in 2017 as it was to celebrate its 20th anniversary this year, Hakan Ateş emphasized that the bank continued to carry out leading activities for SMEs and agriculture and tourism sectors having a strategic role in sustainable economic growth and they were proud to serve to Turkey. Indicating that they considered increasing the efficiency of the SMEs for the development of Turkish economy as a social responsibility, Ateş continued by saying that they provided direct financial support to more than 1.4 million SMEs and the growth was higher than that of the banking sector in the last 3 years.
    [Show full text]
  • Full Text (PDF)
    PEARSON JOURNAL OF SOCIAL SCIENCES & HUMANITIES 2020 Doi Number :http://dx.doi.org/10.46872/pj.57 COVID-19 OUTBREAK MEASURES AND PRACTICES ADOPTED IN THE TURKISH FINANCIAL MARKETS1 Seher GÖREN YARGI Research Assistant, Yaşar University, Faculty of Business, Department of International Trade and Finance, 35100 Bornova, Izmir, Turkey, orcid.org/0000-0002-0475-9888. Ebru SAYGILI Assist. Prof. (PhD), Yaşar University, Faculty of Business, Department of International Trade and Finance, 35100 Bornova, Izmir, Turkey, orcid.org/0000-0002-0458-8740. Abstract Starting from March 2020, the measures taken by the Presidency, Central Bank of the Republic of Turkey (CBRT), Banking Regulation and Supervisory Agency (BRSA) and deposit banks as public banks and private banks against the possible effects of the outbreak have been announced in Turkey. Turkish financial institutions and regulators responded rapidly to Corona Virus (Covid-19) outbreak by providing liquidity solutions while protecting the health and safety of the customers. The economic package titled “Economic Stability Shield” announced by the Presidency on March 18, 2020 is the most important of the measures. On the other hand, the policy rate cut by the Central Bank is also major topic for the outbreak. For instance, Capital Markets Board of Turkey (CMB) banned short selling at the beginning of the outbreak. Deposit banks updated the ATM cash withdrawal and contactless payment limits and provided consumer loans with favorable conditions such as travel loans. Especially public banks announced many consumer loan opportunities towards tradesmen, low- income persons etc. Health insurance companies announced that they would pay Covid-19 expenses even though it is an exempt clause in the insurance contracts.
    [Show full text]
  • Country Correspondent Bank Currency Swift Account No
    COUNTRY CORRESPONDENT BANK CURRENCY SWIFT ACCOUNT NO AUSTRIA ERSTE GROUP BANK AG EUR GIBAATWG AT812010040433351400 UNICREDIT BANK AUSTRIA AG EUR BKAUATWW 12617947701 EUR BELGIUM BANQUE BRUX.LAMBERT (ING BELGIUM) EUR BBRUBEBB010 301-0179427-58-EUR ING BELGIUM NV/SA USD BBRUBEBB010 301-0179427-58-011 KBC BANK NV EUR KREDBEBB 480-9163967-94 CANADA BANK OF MONTREAL CAD BOFMCAM2 31441046305 CANADIAN IMPERIAL BANK CAD CIBCCATT 1875914 DENMARK DANSKE BANK A/S DKK DABADKKK 3007527543 NORDEA BANK DENMARK A/S DKK NDEADKKK 5000416022 FINLAND NORDEA BANK FINLAND PLC EUR NDEAFIHH 20006701033592 FRANCE BNP-PARIBAS SA EUR BNPAFRPP 005200318 CREDIT AGRICOLE EUR AGRIFRPP 20533870000 NATIXIS - PARIS EUR NATXFRPP FR7630007999990696805488881EUR SOCIETE GENERALE EUR SOGEFRPP 002012526180 GERMANY BAYERISCHE HYPO- UND VEREINSBANK EUR HYVEDEMM 69103618 CITIBANK FRF EUR CITIDEFF 4114513011 COMMERZBANK AG EUR COBADEFF 400886358101 EUR COMMERZBANK AG EUR COBADEFF 400886362300EUR DEUTCHE BANK AG EUR DEUTDEFF 100 9577487 1000 JPMORGAN AG EUR CHASDEFX 6231610814 STANDARD CHARTERED BANK EUR SCBLDEFX 18000406 SUMITOMO MITSUI BANKING CORP. GBP SMBCDEDD 597160 SUMITOMO MITSUI BANKING CORP. USD SMBCDEDD 597157 SUMITOMO MITSUI BANKING CORP. EUR SMBCDEDD 597156 T.IS BANKASI EUR ISBKDEFX DE74502306001708940018 ZIRAAT BANK INTERNATIONAL AG EUR TCZBDEFF 1000922011 HONG KONG HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED CNY HSBCHKHH 848-493524-209 ITALY INTESA SANPAOLO SPA EUR BCITITMM 100100003483 UNICREDIT S.P.A. EUR UNCRITMM 09958314900 JAPAN MIZUHO CORPORATE BANK JPY MHCBJPJT 3724010 SUMITOMO MITSUI BANKING CORP. JPY SMBCJPJT 5487 THE BANK OF TOKYO-MITSUBISHI UFJ LTD JPY BOTKJPJT 653-0442674 NETHERLANDS ING BANK N.V. EUR INGBNL2A 0050908294 NORWAY DNB NOR BANK ASA NOK DNBANOKK 7001.02.05733 QATAR THE COMMERCIAL BANK (Q.S.C) QAR CBQAQAQA 4010-004522-001 RUSSIA ZIRAAT BANK (MOSCOW) RUB TCZBRUMM 30111810700000300001 SAUDI ARABIA SAMBA FINANCIAL GROUP SAR SAMBSARI 0003742423 THE NATIONAL COMMERCIAL BANK SAR NCBKSAJE 55535372000100 SPAIN BANCO DE SABADELL SA EUR BSABESBB 090101191326 CAIXABANK, S.A.
    [Show full text]
  • Nurol Yatırım Bankası A.Ş. ☐New ☒Update
    Corporate Credit Rating Nurol Yatırım Bankası A.Ş. ☐New ☒Update JCR Eurasia Rating evaluated the consolidated structure of “Nurol Yatırım Bankası A.Ş.” affirmed Sector: Banking the ratings as “AA (Trk)” on the Long-Term National Scale and as “A-1 (Trk)” on the Short-Term Publishing Date: Apr.21,2021 National Scale with ‘Stable’ outlooks. On the other hand, the Long Term International Foreign and Senior Chief Analyst Local Currency Ratings have been assigned as ‘BB+/ Negative’. Orkun Inan +90 212 352 56 73 Nurol Yatırım Bankası A.Ş. (hereinafter “Nurol Bank” or the “Bank”), incorporated on August, [email protected] 1998, is a national private bank. The Bank provides services in the field of Corporate Banking, Assistant Analyst Investment Banking and Treasury & Financial Institutions through its diversified corporate clientele Caglanur Tekin +90 212 352 56 73 with a staff force of 66 people in FYE2020. [email protected] The majority shareholders of the Bank were Nurol Holding A.Ş. (78.98%) and Nurol İnşaat ve Tic. RATINGS A.Ş. (16.70%), which also has direct and indirect control over the Nurol Group- Nurol Holding Long Short Inc., founded in 1989, has operations in construction, defense, finance, tourism, health, mining, real Term Term estate, marketing and manufacturing industries through 33 firms within the Nurol Group 4 joint AA A-1 Local Rating (Trk) (Trk) ventures and 11 domestic foreign associates and subsidiaries. Outlook Stable Stable National Key rating drivers, as strengths and constraints, are provided below.
    [Show full text]
  • Denizbank's Assets Reach 147 Billion TL, up by 24% in the First Half of 2017
    PRESS RELEASE 04 August 2017 DenizBank’s assets reach 147 billion TL, up by 24% in the first half of 2017 DenizBank Financial Services Group President Hakan Ateş said, ”Operating with 747 branches and almost 15 thousand employees, our bank’s assets reached 147 billion TL in the first half of 2017 while the net profit went beyond 1 billion TL, up by 32%”. During the first half of 2017, DenizBank’s annual consolidated figures are as follows: Deposits reached 100 billion TL, up by 33% Total credits reached 135 billion TL, up by 26% Number of customers reached 11 million. Strong support for economy from DenizBank on its 20th year anniversary Stating that this year marks the 20th anniversary of DenizBank, Hakan Ateş noted that in their journey that they set out in 1997, their primary motivation has always been adding value to the geography and the society they operate across; underlining that they are the private bank which provides the biggest financing to 3rd Airport, Cyprus Peace Water and important PPP projects of the Ministry of Health. Mentioning that they consider increasing the role and activity of SMEs in the Turkish economy as part of their social responsibility, Hakan Ateş informed that for the past 3 years they have grown significantly above the banking sector through the financial support they directly provide to more than 1,4 million SMEs. He added that they continued to provide “Credit Guarantee Fund (KGF)” guaranteed loan service for SMEs across all DenizBank branches during the first half of 2017. Saying that about 12 thousand bank customers benefited from the ‘Nefes Loan’ implemented in cooperation with Turkish Union of Chambers and Commodity Exchanges, Credit Guarantee Fund (KGF) and Ziraat Bank to enable SMEs to access financing at a low cost as of the first half of 2017, Mr Ateş emphasized that SMEs have been supported with 9 billion TL loan through KGF guaranteed loans.
    [Show full text]
  • Annual Report 2018
    2018 Annual Report Ziraat Bank 2 Ziraat Bank 2018 Annual Report Ziraat Bank Content Management Report for 2018 1. Ziraat Bank International AG in brief 2. Course of the fiscal year 2018 3. Assets, liabilities, financial position and earnings 4. Risk report 5. General economic conditions, business environment & opportunities 6. Annual Financial Statements 7. Notes to the Financial Statements 8. Auditor’s Report Ziraat Bank 2018 Annual Report 1 We are a European Bank, building bridges for more than half a century We serve to create additional value for German and Turkish economies by building bridges, filling he gaps and eliminating distances between Turkey, Germany and Europe. We support investments and international trade with our wide range of products and services 2 Ziraat Bank 2018 Annual Report Ziraat Bank 2018 Annual Report 3 Ziraat Bank Letter from the Chairman of the Supervisory Board Ziraat Bank International AG will continue to create value for its clients, shareholder, other stakeholders and to Turkish and German economies by providing financing to support economic relations and trade. Mr. Süleyman Türetken Chairman of the Supervisory Board 4 Ziraat Bank 2018 Annual Report Ziraat Bank International AG sailed Bank’s organizational structure to demand & growth but creating an through difficult weather in good part changing & developing macroeconomic, unaccommodative environment for the of 2018 but reached, as it always does, financial and regulatory environments financial system in the process. to its destination set at the beginning of have been what kept the whole Ziraat what was considered to be a promising Bank International AG Team, from the Law makers and regulators all around year.
    [Show full text]
  • Turkey Overseas Investment Forum 2020
    telligent i in nve st E m e ven n t i n ts e Intelligent investment m e r g i n g in emerging markets m a r k e t s 8th Invest in Turkey Forum 2020 3rd UK - Turkey Overseas Investment 21-22 April Forum 2020 London Park Plaza Waterloo Bronze Sponsors Hotel / The Houses of Parliament Co-hosts: Delegate Bag Sponsor Partners: Media Partners: Media Sponsor www.eelevents.co.uk Register at: www.eelevents.co.uk Overview of the event 8th Invest in Turkey Forum 3rd UK - Turkey Overseas (21st April 2020) Investment Forum (22nd April 2020) EEL Events is delighted to announce that the 8th annual Turkey’s outbound investments are conducted all over the world Invest in Turkey Forum will be held on 21-22 April 2020 in in particular in the UK which is seen as the springboard to London. As usual, the conference will bring on board series of Turkish companies’ global growth. round table sessions where international lenders, developers, investors and sponsors will discuss new investment trends and We return for the third time to London, bringing delegates opportunities in Turkey. up-to-date with the insights on latest developments relating to Turkish FDI to the UK and an outlook of the future climate for From the update on the recent infrastructure and PPP Turkey outbound investments. As a great networking and projects, to opportunities in energy/renewable sector and latest business platform, the event brings together local investors, trends on distressed debt and restructuring investing in the banks, investment advisers, top international and local law and energy and construction sectors, this event will bring you a full tax firms to discuss the pressing points for Turkish companies day of inspiring talks and will put you in contact with all key looking to expand across the UK.
    [Show full text]
  • Measuring Technical Financial Efficiencies and Performances in the Emerging Markets: Evidence from Turkish Banking Sector”
    “Measuring technical financial efficiencies and performances in the emerging markets: evidence from Turkish banking sector” AUTHORS Fazıl Gökgöz Fazıl Gökgöz (2014). Measuring technical financial efficiencies and ARTICLE INFO performances in the emerging markets: evidence from Turkish banking sector. Investment Management and Financial Innovations, 11(2) RELEASED ON Tuesday, 17 June 2014 JOURNAL "Investment Management and Financial Innovations" FOUNDER LLC “Consulting Publishing Company “Business Perspectives” NUMBER OF REFERENCES NUMBER OF FIGURES NUMBER OF TABLES 0 0 0 © The author(s) 2021. This publication is an open access article. businessperspectives.org Investment Management and Financial Innovations, Volume 11, Issue 2, 2014 FazÖl Gökgöz (Turkey) Measuring technical financial efficiencies and performances in the emerging markets: evidence from Turkish banking sector Abstract Measuring the financial efficiencies and performances of the banking sector has played a crucial role in quantitative finance. Turkish banking sector, achieved TL 1,732 billion asset size as of December 2013, has a promising role in the emerging markets within the global economy. Charnes, Cooper and Rhodes (1978) had first introduced Data Envelopment Analysis (DEA), a valuable non-parametric and deterministic mathematical programing methodology for determining the efficient frontier that depends on the selected input and output variables of the DMUs. The principle form of DEA is CCR model, depends upon the constant returns to scale assumption, and measures the technical efficiency. The goal of this study is to analyze technical financial efficiencies and performances of 30 commercial and 13 development and investment banks for Turkey in 2012-2013. It has been observed that Turkish banks demonstrated better financial efficiencies in terms of intermediation approach rather than operating approach.
    [Show full text]
  • Türkiye Cumhuriyeti Ziraat Bankasi A.Ş
    BASE PROSPECTUS TÜRKİYE CUMHURİYETİ ZİRAAT BANKASI A.Ş. U.S.$4,000,000,000 Global Medium Term Note Programme Under this U.S.$4,000,000,000 Global Medium Term Note Programme (the "Programme"), Türkiye Cumhuriyeti Ziraat Bankası A.Ş., a banking institution organised as a joint stock company under the laws of Turkey and registered with the Ankara Trade Registry under number 1148 (the "Bank" or the "Issuer"), may from time to time issue notes (the "Notes") denominated in any currency agreed between the Issuer and the relevant Dealer (as defined below). Notes may be issued in bearer or registered form (respectively "Bearer Notes" and "Registered Notes"). The maximum aggregate nominal amount of all Notes from time to time outstanding under the Programme will not exceed U.S.$4,000,000,000 (or its equivalent in other currencies calculated as described in the Programme Agreement described herein), subject to increase as described herein. The Notes may be issued on a continuing basis to: (a) one or more of the Dealers specified under "Overview of the Bank and the Programme" and any additional Dealer appointed under the Programme from time to time by the Issuer (each a "Dealer" and together the "Dealers"), which appointment may be for a specific issue or on an ongoing basis, and/or (b) one or more investors purchasing Notes directly from the Issuer. References in this Base Prospectus ("Base Prospectus") to the "relevant Dealer" shall, in the case of an issue of Notes being (or intended to be) subscribed by more than one Dealer, be to all Dealers agreeing to subscribe such Notes.
    [Show full text]