Diversity & Inclusion Policy
Personal Data Processing and Protection Policy
Policy On Anti-Bribery & Anti-Corruption
Regulation on Sustainable Development
Social, Environmental and Ethical Principles For Suppliers
Our Bank's profit distribution rules are spelled forth in Article 69 of the Articles of Association. According to this, the net profit is the amount left over after all expenses, provisions, taxes, and retained earnings have been deducted from the income earned by the Bank within an accounting period.
The Bank's dividend policy and principles are established in its Articles of Association, and the General Assembly approves them yearly in light of current global and local macroeconomic and banking sector circumstances and developments.
Aids and donations can be made by submitting them to the information of general assembly, within the framework of the relevant legislation of the Banking Regulation and Supervision Agency and the Capital Markets Board of Turkey.
Share Buy-Back Policy
In accordance with the CMB's "II.-22.1." Communiqué On Buy-Backed Shares “published in the Official Gazette dated 03.01.2014 and no 28871, the legislation entered into force shall be taken as the basis for the method and policies to be implemented by the Bank to buy back its shares. The total nominal value of the shares subject to buyback by the Company shall not exceed 10% of the Company’s paid-in capital, including previously bought back shares. The nominal value of shares sold during the share buy-back program cannot be included in the calculation as a deduction item. The above-mentioned ratio may vary depending on amendment decisions to be adopted by Capital Markets Board.
Note: Any procedure related to the share buy-back process is performed in parallel with Capital Markets Board’s relevant regulations.