Despite the global uncertainty caused by the Covid-19 pandemic, Şekerbank successfully completed its capital increase process between 9-23 November 2020, with 99.7 percent participation thanks to huge interest of shareholders.
Using their rights arising from their existing shares, Şekerbank TAS Personnel Supplementary Social Security Fund and Samruk-Kazyna Invest LLP which are Şekerbank’s main shareholders, had fully participated in capital increase, which will be completed following the final approvals of the relevant legal authorities and in which the paid-up capital of the Bank has increased to 1 billion 858 million TL with an increase of 60 percent.
Dr. Hasan Basri Göktan: "The trust of more than 20 thousand shareholders is a valuable reflection of the collective capital spirit in the establishment of Şekerbank."
Speaking about the capital increase in which more than 20 thousand shareholders participated, Şekerbank’s Chairman Dr. Hasan Basri Göktan stated that this high participation is a valuable reflection of the collective spirit in the establishment of Şekerbank, which was established by hundreds of thousands of farmers and small investors in 1953 with a widespread capital structure, and said, “I would like to thank all our shareholders who participated in our capital increase for their trust. May this capital increase bring good luck for our country and all our stakeholders. "
Göktan: "High participation is an important indicator of the confidence in Şekerbank and Turkey's economy."
Göktan stated that the participation of Şekerbank TAS Personnel Supplementary Social Security Fund and Samruk-Kazyna Invest LLP, which hold the majority shares of the Bank, in the capital increase in proportion to their shares constitutes an important commitment in an environment dominated by global uncertainties resulting from the pandemic, and he continued:
“Participation of our main shareholders in proportion to their share in the capital increase and the high level of participation is an important indicator of the confidence in our Bank and Turkey's economy. Thanks to our equity base strengthened further with the capital increase, as the sole representative of the Anatolian banking and sustainable bank in Turkey, we will support our country’s journey in the development of production and employment, in a much more powerful way.”